Class A-1 Shares definition

Class A-1 Shares means the class A-1 exchangeable non-voting shares in the capital of the Company.

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Class A-1 Shares. As defined in the preamble.

Class A-1 Shares means the Company’s Class A-1 Non-Voting Ordinary Shares, par value $.00001 per share.

Examples of Class A-1 Shares in a sentence

• If the Company believes that it would not be permitted by any such requirements or other provisions to redeem the Tendered Class A.1 Shares, the Company will only be obligated to redeem the maximum number of Tendered Class A.1 Shares (rounded down to a whole number of Class A.1 Shares) that would not be contrary to such requirements or other provisions.

• Any dividend payment made on the Class A.1 Shares shall first be credited against the earliest Unpaid Class A.1 Dividends in respect of such Class A.1 Shares that remain payable.

• The Class A.1 Shares shall, as to the payment of dividends and return of capital in a Liquidation Event, rank pari passu with the Class A Shares and the Class A.2 Shares, junior to the Preferred Shares and senior to the Class B Shares, the Class C Shares and any other shares ranking junior to the Class A.1 Shares with respect to priority in payment of dividends and return of capital in the event of the liquidation, dissolution or winding-up of the Company.

• Upon receipt by the Transfer Agent of a Notice of Exchange and such additional documents and instruments as the Company or the Transfer Agent may reasonably require, the Company will redeem the applicable Tendered Class A.1 Shares on or prior to the Specified Exchange Date.

• Notwithstanding anything to the contrary set forth herein, the Company will not be obligated to redeem Tendered Class A.1 Shares to the extent that such redemption would be contrary to solvency requirements or other provisions of applicable Law.

• Where there is more than one Tendering Class A.1 Shareholder, the Company will redeem the maximum number of Tendered Class A.1 Shares that would not be contrary to such requirements or other provisions among such Tendering Class A.1 Shareholders on a pro rata basis.

• In the event a dividend is declared and paid on the Class A.1 Shares consisting of Class A.1 Shares, the board shall, subject to applicable Law, contemporaneously declare and pay an equivalent dividend on the Class A.2 Shares consisting of Class A.2 Shares.

• The Company will notify any such Tendering Class A.1 Shareholder at least one Business Day prior to the Specified Exchange Date as to the number of Tendered Class A.1 Shares that will be redeemed by the Company.

• The Class A.2 Shares shall, as to the payment of dividends and return of capital in a Liquidation Event, rank pari passu with the Class A.1 Shares, junior to the Preferred Shares and senior to the Class B Shares, the Class C Shares and any other shares ranking junior to the Class A.2 Shares with respect to priority in payment of dividends and return of capital in the event of the liquidation, dissolution or winding-up of the Company.

• If for any reason, the holders of the Class A-2 Shares become entitled to vote as a separate class, under applicable corporate law or otherwise, the holders of the Class A-2 Shares agree to vote all of their Shares in the same manner as voted by a majority of the Class A-1 Shares.

More Definitions of Class A-1 Shares

Class A-1 Shares has the meaning assigned thereto in the recitals. (j) “Class B Shares” means the class B limited voting shares in the capital of the Company. (k) “Company” has the meaning assigned thereto in the preamble.

Class A-1 Shares shall have the meaning set forth in the recitals. “Company” shall have the meaning set forth in the recitals. “Company’s Bye-Laws” shall mean the Second Amended and Restated Bye-Laws of the Company, as amended or restated from time to time following the date hereof in accordance with their terms.

Class A-1 Shares means the Class A-1 Shares, par value $0.001 per share, of the Company.

Class A-1 Shares means the Class A-1 shares of the common stock of the Company, par value $0.001 per share, issued to THL, each of which, for the avoidance of doubt, pursuant to the Certificate, shall automatically convert to a Class B Share upon any transfer by THL to a Transferee that is non-affiliated with THL for purposes of the Investment Company Act of 1940.

Class A-1 Shares. Class A-2 Shares", "Class L Shares", "Class N Shares", ---------------- ---------------- -------------- -------------- "Class S Shares" shall mean the shares of such respective classes, each with par -------------- value equal to $.001 per share, of the capital stock of SMTC Holdings.