Class B Equity Interests definition
Examples of Class B Equity Interests in a sentence
Each Class B Equity Interests shall have a par value of $5,000.00.
The consent and agreement of the Other --------------------------- Shareholders to the issuance of preferred shares of stock in the Company (each, a "Class B Equity Interests") to the Preferred Shareholder in an amount equal to ------------------------ the Class B Amount.
Lender (or its designee) shall receive Class B Equity Interests in the amount of the Class B Amount pursuant to documentation satisfactory to Lender in Lender's sole discretion, the material terms of which are described on Exhibit D attached hereto, and upon such conversion Lender (or its designee) shall be the "Preferred Shareholder" in the Borrower.
Lender shall receive Class B Equity Interests in the amount of the Class B Amount pursuant to documentation satisfactory to Lender in Lender's sole discretion, some of the material terms of which are described on Exhibit D, and upon such conversion Lender shall be the "Preferred Shareholder" in the Operator and the "Preferred Beneficial Owner" in the Borrower.