Class B Exchange definition

Class B Exchange means the exchange of each outstanding share of Old Class B Common Stock for one share of New Class B Common Stock.
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Class B Exchange means any exchange of Class B Shares for newly issued Class A Shares pursuant to Article IV, Section 6.
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Class B Exchange means the exchange of Class B Units together, with an equal number of shares of Class B Common Stock, for shares of Class A Common Stock or cash consideration, as applicable, pursuant to the terms of the Class B Exchange Agreement.
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Examples of Class B Exchange in a sentence

  • The action led to an order for compliance with technical standards in the fire-extinguishing system and rectification orders for 12 deficiencies including in the Stand Roller, the mooring equipment, the statutory certificate, the weather-tight condition and the ISM code.

  • As a result of the contribution of the additional net sales to the Royalty Pool, the Class B Exchange Multiplier increased fractionally by 80% of the total adjustment or 0.043746; the new Class B Multiplier is 1.789264.

  • Participants• Principal Investigator (PI):o Xiaoping Yun, xyun@nps.edu• Co-PIs:James Calusdian, jcalusdi@nps.edu• Student:Matthew G.

  • As a result of the adjustments, the new Class B Exchange Multiplier is 1.796297 and Class B Units can be exchanged for 4,505,541 shares, which is an increase of 17,641 shares, effective January 1, 2015.

  • IssuedOn March 23, 2015, the Company issued 2,800,000 common shares through a private placement by Pizza Pizza Limited as part of the conversion of 1,564,889 Class B Partnership Units, equivalent to 2,800,000 common shares of the Company when applied against the Class B Exchange Multiplier.

  • The second adjustment to the Class B Exchange Multiplier will be adjusted to be effective January 1, 2017, once the actual performance of the new restaurants is determined in early 2018.

  • Outstanding Shares In exchange for adding the forecasted Pizza Pizza system sales to the Royalty Pool, PPL has received 178,183 additional equivalent Shares (through the change to the Class B Exchange Multiplier).

  • As a result of the contribution of the additional net sales to the Royalty Pool, the Class B Exchange Multiplier increased fractionally by 80% of the total adjustment or 0.021529; the new Class B Multiplier is 1.817826.

  • A holder of Mittal Steel class B common shares received one newly-issued ArcelorMittal share for every one Mittal Steel class B common share, which is referred to as the Class B Exchange Ratio.

  • As a result of the adjustments, the new Class B Exchange Multiplier is 1.819988 and Class B Units can be exchanged for 4,564,964 shares, which is an increase of 5,422 shares, effective January 1, 2016.


More Definitions of Class B Exchange

Class B Exchange has the meaning set forth in the Holdco Certificate of Incorporation, as in effect on the Restructuring Date.
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Class B Exchange is defined in the Amended and Restated Certificate of Incorporation.
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Class B Exchange means any exchange of Class B Limited Membership Interests for preferred stock of GMI pursuant to the terms of the Exchange Agreement.
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Class B Exchange shall have the meaning set forth in the Certificate of Incorporation, as in effect on the Effective Date.
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Class B Exchange has the meaning set forth in the recitals of this Agreement.
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Related to Class B Exchange

  • 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 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 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;