Class B Group definition

Class B Group means (i) all members of the Onex Group, (ii) all Management Investors and (iii) any other Person who obtained Class B Common Stock upon the recapitalization of the Corporation’s Common Stock into Class B Common Stock (and their respective Affiliates).
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Class B Group means (i) all members of the Onex Group and (ii) any other Person who obtained Class B Common Stock upon the recapitalization of the Corporation’s Common Stock into Class B Common Stock (and their respective Affiliates) at the Effective Time (as defined in this Article IV, Part E).
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Class B Group means all Class B Members.
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Examples of Class B Group in a sentence

  • The tax matters partner must approve any settlement of a controversy contested by the Class B Group, which approval shall not be unreasonably withheld.

  • Any action by the Class B Group hereunder shall for all purposes hereunder bind and be deemed to include all other holders of shares of Class B Common Stock.

  • A Class B Default shall mean failure to pay ▇▇▇▇▇▇ ▇▇▇▇ (“Rico”) and ▇▇▇▇▇ (“▇▇▇▇▇) on a timely basis the payments described in the below portion of this paragraph and Rico and ▇▇▇▇▇ deliver written notice of such default to the Next Class B Group and a 5 business day opportunity to cure.

  • Upon the receipt of notice from the IRS of the beginning of an administrative proceeding, the tax matters partner shall (i) provide each Class B Limited Partner with prompt written notice describing the nature, scope, and taxable years to which such audit or controversy pertains and (ii) permit the Class B Group Tax Controversy Representative to participate in any proceedings related to such audit or controversy at the sole expense of the Class B Group.


More Definitions of Class B Group

Class B Group means the Class B Common Limited Partners other than the Class B-TE Common Limited Partners.
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Class B Group means (i) all members of the Onex Group, (ii) all Management Investors and (iii) any other Person who obtains Class B Common Stock through a direct issuance by the Corporation, each of which shall be considered a member of the Class B Group for purposes hereof.
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Class B Group shall have the meaning set forth in Section 8.1(a).
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