Examples of Class B Preferred Interests in a sentence
If any Restructuring involving any of the Class A Preferred Interests, the Class B Preferred Interests or the Common Interests is consummated prior to or at the Closing, the parties hereto shall make appropriate amendments to each of the Business Combination Agreement, this Agreement and the other Ancillary Agreements to reflect such Restructuring.
The total number of Interests which the Company has the authority to issue is 500,000,000 Class A Preferred Interests, 29,305,106 Class B Preferred Interests, 500,000,000 Class A Common Interests, 5,184,255 Class B Common Interests and 50,000,000 Class C Interests.
The authorized partnership interests of VUE consist solely of Common Interests, Class A Preferred Interests and Class B Preferred Interests as set forth on Schedule 5.3(d), which sets forth the name of each registered holder of Common Interests, Class A Preferred Interests and Class B Preferred Interests.
So long as there has not been a Restructuring involving the Class B Preferred Interests, on or following the twentieth anniversary of the Closing Date (as defined in the VUE Partnership Agreement), NBC may cause the Company to purchase the Class B Preferred Interests pursuant to, and in accordance with, Section 8.07 of the VUE Partnership Agreement, and Vivendi shall consent for all purposes hereunder to such purchase.
Except as otherwise provided in this Agreement and by law, the holders of Class B Preferred Interests shall have no vote on any matters to be voted on by the Members of the Company.
The holders of the Class B Preferred Interests shall not be entitled to receive dividends.
With respect to each registered holder of Common Interests, Schedule 5.3(d) sets forth the Participation Percentage (as defined in the VUE Partnership Agreement) of each such holder, and with respect to each holder of Class A Preferred Interests or Class B Preferred Interests, Schedule 5.3(d) sets forth the Face Value (as defined in the VUE Partnership Agreement) of each such holder's interest, plus any accrued and unpaid distributions thereon, as of June 30, 2003.