Class B Common Holder definition

Class B Common Holder means a holder of Class B Common Stock, individually, and any subsequent transferee of his, her or its shares of Class B Common Stock.
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Class B Common Holder means GE Capital, CoBank, Raymond James, Union Bank of California, Webster Bank and CIBC, individually, and any subsequent Permitted Transferee of any of his, her or its shares of Class B Common Stock.
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Class B Common Holder means each record holder of any portion of a Class B Common Unit.
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Examples of Class B Common Holder in a sentence

  • This power of attorney is a limited power of attorney and does not authorize the Company’s President and CEO to act on behalf of a Class B Common Holder or his or her Permitted Transferees, except as described in this Section 7.5.

  • Each Class B Common Holder and each Permitted Transferee of each Class B Common Holder hereby appoints the Company’s President and CEO as such Person’s true and lawful attorney-in-fact and agent with full power and authority in such Person’s name place and stead to execute, acknowledge and deliver any document required to affect the purchase of the Class B Common Units required by this Section 7.5. This power of attorney will be deemed to be coupled with an interest and irrevocable.

  • Other than pursuant to: (i) a Permitted Transfer, (ii) pursuant to the IPA or the Loan Agreement and (iii) transfers in accordance with Section 7.5 or Article 8, no Class B Common Holder may Transfer any Class B Common Units or Unit Equivalents and no Person may acquire any Class B Common Units or Unit Equivalents from any Class B Common Holder, or any legal or beneficial interest therein, without the consent of the Management Board.

  • Such Class B Common Holder shall be allocated income, gain, loss and deduction beginning on the date of the Company’s award of the Class B Common Units to such holder; such allocation shall be made with regard to both vested and unvested Class B Common Unit awards, if any.

  • To exercise its Tertiary Refusal Right, a Class B Common Holder must deliver a Class B Common Holder Notice to the selling Key Holder and the Company within fifteen (15) days after the Company’s deadline for its delivery of the Tertiary Notice as provided in the preceding sentence (the “Tertiary Notice Period”).

  • A Preferred Holder or Class B Common Holder who chooses to exercise the right of first offer may designate as purchasers under such right itself or its partners or affiliates in such proportions as it deems appropriate.

  • Subject to the terms and conditions specified -------------------- in this Section 2.4, the Company hereby grants to each Preferred Holder and Class B Common Holder a right of first offer with respect to future sales by the Company of its Shares.

  • A Class B Common Holder or Class B Common Holders holding a majority of the Class B Common Units can cause a conversion of 100% of the Class B Common Units into the same number of Class A Common Units.


More Definitions of Class B Common Holder

Class B Common Holder means a Unitholder in regard to such Unitholder’s particular LLC Interest in Class B Common Units. “Class B Common Units” means a sub-class of Common Units, as described in Section 3.1(b). “Closing Equity” means the number of Units held by a Unitholder as of the date of its initial Capital Contribution, provided that for purposes of any calculation comparing a Unitholder’s ownership of equity in the LLC with such Unitholder’s Closing Equity, the effect of (i) any recapitalization or exchange or conversion of securities of the LLC, (ii) any redemption or repurchase of securities of the LLC or (iii) any subdivision (by Unit split or otherwise) or any combination (by reverse Unit split or otherwise) of any outstanding Units, in each case which occurs between the date of its initial Capital Contribution and the date of such calculation and which is pro rata in effect, shall be disregarded. “Code” means the United States Internal Revenue Code of 1986, as amended. “Coliseum” means Coliseum Capital Management LLC and its related funds.
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Class B Common Holder means GE Capital, CoBank, Rxxxxxx Jxxxx, Union Bank, Wxxxxxx Bank and CIBC, individually, and any subsequent Permitted Transferee of any of his, her or its shares of Class B Common Stock.
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Class B Common Holder means any record holder of Class B Common --------------------- Stock and any person holding Class B Common Stock to whom the rights under this Agreement have been transferred in accordance with Section 1.15 hereof.
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Related to Class B Common Holder

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

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

  • Class B Common Unit means one of that certain class of Common Units with those special rights and obligations specified in this Agreement as being appurtenant to a “Class B Common Unit”.

  • 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.

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

  • Class B Investor Interest means, on any date of determination, an amount equal to (a) the Class B Initial Investor Interest, minus (b) the aggregate amount of principal payments made to Class B Certificateholders prior to such date, minus (c) the aggregate amount of Class B Investor Charge-Offs for all prior Transfer Dates pursuant to subsection 4.10(b), minus (d) the amount of the Reallocated Class B Principal Collections allocated pursuant to subsection 4.12(a) on all prior Transfer Dates for which the Collateral Interest Amount has not been reduced, minus (e) an amount equal to the amount by which the Class B Investor Interest has been reduced on all prior Transfer Dates pursuant to subsection 4.10(a) and plus (f) the aggregate amount of Excess Spread allocated and available on all prior Transfer Dates pursuant to subsection 4.11(d) for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the Class B Investor Interest may not be reduced below zero.

  • 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 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 B Units means the Class B Units of the Company.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Class A Common Unit means a Common Unit having the rights and obligations specified with respect to Class A Common Units in this Agreement.

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

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

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

  • Class C Member means a Member holding the Class C Ordinary Share.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • Class A Investor Interest means, on any date of determination, an amount equal to (a) the Class A Initial Investor Interest, minus (b) the aggregate amount of principal payments made to Class A Certificateholders prior to such date and minus (c) the excess, if any, of the aggregate amount of Class A Investor Charge-Offs pursuant to subsection 4.10(a) over Class A Investor Charge-Offs reimbursed pursuant to subsection 4.11(b) prior to such date of determination; provided, however, that the Class A Investor Interest may not be reduced below zero.

  • Class B Stock means Class B Stock, par value $1.00 per share, of the Company.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

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

  • Class B Invested Amount means, on any date of determination, an amount equal to (a) the Class B Initial Invested Amount, minus (b) the aggregate amount of principal payments made to the Class B Certificateholders prior to such date, minus (c) the aggregate amount of Class B Investor Charge-Offs for all prior Distribution Dates, minus (d) the amount of Reallocated Principal Collections allocated on all prior Distribution Dates pursuant to subsection 4.08(a) (excluding any Reallocated Principal Collections that have resulted in a reduction in the Collateral Invested Amount pursuant to Section 4.08), minus (e) an amount equal to the amount by which the Class B Invested Amount has been reduced on all prior Distribution Dates pursuant to subsection 4.06(a) and plus (f) the amount of Excess Spread and Excess Finance Charge Collections allocated and available on all prior Distribution Dates pursuant to subsection 4.07(e) for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the Class B Invested Amount may not be reduced below zero.

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

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

  • Class B Initial Invested Amount means the sum of the aggregate initial principal amount of the Class B Certificates, which is $48,000,000 on the Closing Date, and the aggregate initial principal amount of any Additional Class B Certificates.

  • Class B Holder means the Person in whose name a Class B Certificate is registered in the Certificate Register, except that, solely for the purpose of giving any consent, request or waiver pursuant to this Agreement, the interest evidenced by any Class B Certificate registered in the name of the Transferor, Servicer, or any Person actually known to an Authorized Officer of Trustee to be an Affiliate of the Transferor or Servicer, shall not be taken into account in determining whether the requisite percentage necessary to effect any such consent, request or waiver shall have been obtained.