Class B-1 Common Stock definition

Class B-1 Common Stock means the Company’s Class B-1 Voting Common Stock, $0.01 par value per share.

Class B-1 Common Stock has the meaning set forth in Section 2.2(a)(i).

Class B-1 Common Stock means the Class B-1 Common Stock to be created as a separate class of Common Stock upon the Restated Charter Effectiveness pursuant to the Restated Certificate of Incorporation.

Examples of Class B-1 Common Stock in a sentence

• The number of outstanding shares of Class B-1 Common Stock and Class B-2 Common Stock must be equal to each other at all times, and the Corporation shall not have power to issue, dispose from treasury, or acquire (whether by repurchase, redemption, surrender or otherwise) shares of Class B-1 Common Stock or Class B-2 Common Stock unless, immediately following such issuance, disposition or acquisition, there shall be an equal number of outstanding shares of Class B-1 Common Stock and Class B-2 Common Stock.

• Subject to Article FOURTH Section (B)(8)(ii)(C), shares of Class B-1 Common Stock shall be convertible at any time into an equal number of shares of Class A Common Stock at the option of the holder of such shares of Class B-1 Common Stock, if and only if contemporaneously with such conversion, an equal number of shares of Class B-2 Common Stock are redeemed by the Corporation pursuant to Article FOURTH Section (B)(8)(ii)(C).

• Notwithstanding any other provision of the stockholders agreement, OTPP may transfer all or any of portion of its Class B-1 Common Stock to another OTPP Designee and OTPP may cause the OTPP Designee to transfer all or any portion of its Class B-1 Common Stock to OTPP or another OTPP Designee.

• Shares of Class A Common Stock shall be convertible at any time at the option of the holder of such shares into an equal number of shares of Class B-1 Common Stock and an equal number of shares of Class B-2 Common Stock but only if, at such time, such holder of Class A Common Stock is, without giving effect to the applicable conversion in question, the record owner of shares of Class B-1 Common Stock or Class B-2 Common Stock.

More Definitions of Class B-1 Common Stock

Class B-1 Common Stock means the Company’s Class B-1 Common Stock.

Class B-1 Common Stock means, as applicable, (a) the Class B-1 Common Stock, par value $0.0001 per share, of Pubco or (b) following any consolidation, merger, reclassification or other similar event involving Pubco, any shares or other securities of Pubco or any other Person that become payable in consideration for the Class B-1 Common Stock or into which the Class B-1 Common Stock is exchanged or converted as a result of such consolidation, merger, reclassification or other similar event.

Class B-1 Common Stock means the Class B-1 Common Stock to be created as a separate class of Common Stock following Stockholder Approval pursuant to the Restated Certificate of Incorporation.

Class B-1 Common Stock means the Class B-1 Common Stock of the Company.

Class B-1 Common Stock has the meaning set forth in the LLC Agreement.

Class B-1 Common Stock means the shares of Class B-1 common stock, par value $0.01 per share, of the Company, and any other capital stock of the Company into which such common stock is reclassified or reconstituted or may be converted (as a result of recapitalization, share exchange or similar event) or are issued with respect to such common stock, including, without limitation, with respect to any stock split or stock dividend, or a successor security.

Class B-1 Common Stock means the Class B-1 Common Stock to be created as a separate class of Common Stock following the Class B Effectiveness, having the powers, designations and preferences set forth in the Certificate of Incorporation.