Class B-1 Common Shares definition

Class B-1 Common Shares means the Class B-1 Common Shares, $.01 par value per share, in the capital of the Company.
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Class B-1 Common Shares means shares of Class B-1 common stock of RMR Inc., par value $0.001 per share.
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Class B-1 Common Shares. ’ means shares of Class B-1 common stock of RMR Inc., par value
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Examples of Class B-1 Common Shares in a sentence

  • Upon the conversion of any Class B1 Common Share pursuant to the foregoing provisions, the number of authorised Class B1 Common Shares shall be diminished by the number of Class B1 Common Shares that were so converted and the number of Class A Common Shares shall increase in the same amount.

  • Before any holder of Class B1 Common Shares shall be entitled to convert any of such Class B1 Common Shares, such holder shall surrender the certificate or certificates therefor, duly endorsed, at the principal corporate office of the Company or of any transfer agent for the Class B1 Common Shares, and shall give written notice to the Company at its principal corporate office, of the election to convert the same.

  • Upon the conversion of any Class B Common Share pursuant to the foregoing provisions, the number of authorised Class B Common Shares shall be diminished by the number of Class B Common Shares that were so converted and the number of Class B1 Common Shares shall increase in the same amount.

  • The Company’s Register of Members shall be updated to effect such conversion immediately upon the effectiveness of such Transfer and each outstanding share certificate that, immediately prior to such Transfer, represented one or more Class B1 Common Shares subject to such Transfer shall, upon and after such Transfer, be deemed to represent an equal number of Class A Common Shares, without the need for surrender or exchange thereof.

  • Except as expressly set forth in this Part A, Class A Common Shares shall have the same rights and powers of, rank equally to, share ratably with and be identical in all respects and as to all matters to Class A1 Common Shares, Class B Common Shares and Class B1 Common Shares.

  • For the avoidance of doubt, (i) Class B-1 Common Shares shall be deemed to correspond to Class B Units and (ii) Class A Common Shares and Class B-2 Common Shares shall be deemed to correspond to Class A Units.

  • Except as expressly set forth in this Part B, Class B Common Shares shall have the same rights and powers of, rank equally to, share ratably with and be identical in all respects and as to all matters to Class A Common Shares, Class A1 Common Shares and Class B1 Common Shares.

  • For the avoidance of doubt, if, at any time, any Class B-1 Common Shares are converted into Class A Common Shares, in whole or in part, then a number of the then outstanding Class B Units equal to the number of Class B-1 Common Shares so converted shall automatically be converted into the same number of Class A Units.

  • Any purported delivery of any number of Class B Common Shares or any other security upon conversion of Class B1 Common Shares shall be void and have no effect to the extent, but only to the extent, that before or after such delivery, the converting holder of Class B1 Common Shares would have beneficial ownership in excess of the Beneficial Ownership Limitation.

  • The Company shall issue and deliver at such office to such holder of Class B1 Common Shares, or to the nominee or nominees or such holder, a certificate or certificates for the number of Class B Common Shares to which such holder shall be entitled as aforesaid.


More Definitions of Class B-1 Common Shares

Class B-1 Common Shares has the meaning set forth in the Recitals.
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Related to Class B-1 Common Shares

  • Class B Common Shares means the Class B Convertible Voting Common Shares of the Company, par value $1.00 per share.

  • Class D Common Stock means the Class D Common Stock, par value $0.01 per share, of the Company.

  • Class B Common Stock means the Class B common stock, par value $0.0001 per share, of the Company.

  • Class C Common Stock means the Class C Common Stock, par value $0.01 per share, of the Company.

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class A Common Shares means class A common shares of a nominal or par value of US$0.00001 each in the capital of the Company having the rights provided for in the Memorandum and Articles of Association, and any shares into which such class A common shares may be converted.

  • Class C Shares means shares of the Class C Common Stock.

  • Class B Shares means the Class B ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class B Shares, and having the rights provided for in these Articles.

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

  • Series B-1 Preferred Shares means the Company’s series B-1 preferred shares, par value US$0.00001 per share.

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class A Common Stock means the Class A Common Stock, par value $.01 per share, of the Company.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • Parent Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of Parent.

  • Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;

  • Class V Common Stock means the Class V common stock, par value $0.0001 per share, of the Corporation.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.0001 per share.

  • Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Class A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Class A Common Units means a Common Unit which is designated as a “Class A Common Unit” and which has the rights, preferences and other privileges designated in Annex A hereto and elsewhere in this Agreement in respect of holders of Common Units.

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Class A Shares means Class A ordinary shares, par value US$0.0001 per share, in the share capital of the Company.

  • Class A Ordinary Share Value means, as of the close of business on the day preceding the date, the volume weighted average trading price of the Class A Ordinary Shares on all trading platforms or trading systems on which the Class A Ordinary Shares are being traded over the forty-five (45) trading days then ended, provided, that if the total aggregate trading volume over such 45-trading-day period is less than 5% of the public float, such period shall be extended to the ninety (90) trading days then ended, provided, further, if the total aggregate trading volume over such 90-trading-day period is less than 5% of the public float, the holder of the Class B Ordinary Shares shall request that the Board obtain an appraisal of the value of the Class A Ordinary Shares from one or more independent nationally-recognized third party appraisal companies and such appraisal shall constitute the Class A Ordinary Share Value.