Examples of Class A Beneficiary in a sentence
Each Class A Beneficiary acquired not less than the Minimum Class A Investment Amount and no Class A Beneficiary acquired or shall thereafter own a fractional Class A Interest.
After Class B Payout: all further Distributions will be made to the Class A Beneficiaries and the Class B Beneficiaries in amounts so that each Class A Beneficiary receives with respect to each Class A Interest an amount equal to 450%, divided by the difference between 100% and the Class B Capital Reduction Factor, of the amount so distributed with respect to each Class B Interest.
Client shall not (and shall not permit any other person to) reproduce, duplicate, copy, translate, alter, modify, disassemble, decompile, reverse engineer, or create any derivative works based on the Application, or attempt to discover any underlying source code of the Application or otherwise reduce the Application software to human-readable form.
In order for a tendering Class A Beneficiary to participate in the Offer, Class A Interests must be validly tendered and not withdrawn on or prior to the Expiration Date, which is 5:00 p.m., Eastern time, on September 12, 1997.
The designees of the Trustee will, as to such Class A Interests, be empowered to exercise all voting and other rights of such Class A Beneficiary as they in their sole discretion may deem proper at any meeting of Class A Beneficiaries, by written consent or otherwise.
Upon such acceptance for payment, all prior proxies, assignments and consents given by such Class A Beneficiary with respect to such Class A Interests will, without further action, be revoked, and no subsequent proxies, assignments or consents may be given (and if given will not be effective).
A tender of Class A Interests pursuant to the procedures described above will constitute a binding agreement between the tendering Class A Beneficiary and the Trust on the terms set forth in the Offer.
In order for his tender to be valid, a Class A Beneficiary must tender either (i) all Class A Interests owned by such Class A Beneficiary or (ii) a portion of his Class A Interests but not fewer than the minimum investment amount of 200 Class A Interests (80 Class A Interests for IRAs or other Qualified Plans).
Although the Trust has included a preaddressed envelope to the Depositary with this Offer for the convenience of the Class A Beneficiaries, the method of delivery of the Letter of Transmittal is at the option and sole risk of the tendering Class A Beneficiary and the delivery will be deemed made only when actually received by the Depositary.
After Class B Payout: all further Distributions will be made to the Class A Beneficiaries and the Class B Beneficiaries in amounts so that each Class A Beneficiary receives with respect to each Class A Interest an amount equal to ___%, divided by the difference between 100% and the Class B Capital Reduction Factor, of the amount so distributed with respect to each Class B Interest.