Examples of Class B Partners in a sentence
As described in Note 1 (b)(ii), the Company’s equity interests include the class B shares held by BAM Re Class B Partners.
The trustee of the BAM Partnership is BAM Class B Partners Inc., an Ontario corporation (“BAM Partners”).
The BAM Re Class B Partners are entitled to cast one vote for each class B share held at the record date for determination of shareholders entitled to vote on any matter.
The Limited Partners may create additional classes of Units provided the terms thereof have no material detrimental effect on the rights of the Class A Partner or the Class B Partners, as the case may be, unless the Class A Partner and the Management Class B Partner have consented in writing to the terms of the additional class of Units.
The beneficial interests in the BAM Re Partnership, and the voting interests in its trustee are held by entities which are owned by the BAM Re Class B Partners, as follows: (i) Bruce Flatt (40%), (ii) Brian Kingston (40%), and (iii) Sachin Shah, Anuj Ranjan and Connor Teskey (20% in equal parts).
The BAM Re Class B Partners are entitled to one vote on any matter and can cast one vote for each class B share held at the record date.
The BAM Re Class B Partners are entitled to cast one vote for each class B share held at the record date for determination of shareholders entitled to vote on any matter.The class B shares are classified as equity instruments.
The class B shares are held by the BAM Re Class B Partners through a voting trust, which we refer to as the BAM Re Partnership.
The BAM Re Class B Partners, who collectively hold all of the class B shares, are entitled to elect the other one-half of the board of directors of our company.
BAM Class B Partners Inc., or BAM Partners, is the trustee of a trust established under the laws of Ontario, or the BAM Partnership, which is the sole owner of all of the class B limited voting shares of Brookfield, or the BAM Class B Shares.