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.

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.

Class B Exchange means any exchange of Class B Shares for newly issued Class A Shares pursuant to Article IV, Section 6.

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 is defined in the Amended and Restated Certificate of Incorporation.

Class B Exchange shall have the meaning set forth in the Certificate of Incorporation, as in effect on the Effective Date.

Class B Exchange has the meaning set forth in the Holdco Certificate of Incorporation, as in effect on the Restructuring Date.

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.