Class B Preferred Shares definition

Class B Preferred Shares means class B preferred shares of Pembina;

Class B Preferred Shares means the Class B preferred shares issued by the Company and converted into Class A Preferred Shares pursuant to the Bylaws;

Class B Preferred Shares means the Class B preferred shares of FoundryCo, with the rights, preferences and privileges set forth in the Memorandum and Articles of Association.

Examples of Class B Preferred Shares in a sentence

• This request must be completed and the accompanying share certificate(s), together with such other documents and instruments as may be required to effect a transfer of the Class A Preferred Shares or Class B Preferred Shares, as applicable, under applicable law and the articles and by-laws of the Corporation, must be deposited with the Corporation at the address for notice to the Corporation as provided in the Support Agreement.

• If a Shareholder delivers a Retraction Request pursuant to this Section 4.6, Putco shall not and shall not be required to purchase such Shareholder’s Class A Preferred Shares and Class B Preferred Shares pursuant to the Automatic Put Rights provided in this Article 4.

• Such delivery to the applicable Shareholder shall be deemed to be payment of and shall satisfy and discharge all liability for the total Preferred Share Fair Market Value of the Class A Preferred Shares and/or Class B Preferred Shares in respect of which the Class A Put Right and/or Class B Put Right, as the case may be, is exercised except as to any cheque included therein which is not paid on due presentation.

• This Agreement shall continue in effect so long as any Class A Preferred Shares or Class B Preferred Shares are held by a Shareholder or any of their respective successors or permitted assigns (other than Pubco, Putco or IPF).

• The Automatic Put Notice to be provided by IPF shall include a brief description of the Specified Reorganization, shall identify the proposed effective date thereof (which, to the extent within the control of IPF, PMI, Putco, the Corporation or Pubco, shall not be less than 21 days after the Automatic Put Date) and shall describe the automatic purchase of Class A Preferred Shares and Class B Preferred Shares provided for in Section 4.2 hereof (the "Automatic Put Rights").

More Definitions of Class B Preferred Shares

Class B Preferred Shares means newly issued shares of the class of preferred stock of the Company that are being issued, subscribed and paid-in under the Subscription Agreement dated as of the date hereof in connection with the Private Placement and that are automatically and mandatorily convertible into Class A Preferred Shares.

Class B Preferred Shares means the Class B Preferred Shares in the capital of the Corporation;

Class B Preferred Shares means the Class B Convertible Preferred Stock having the Powers, Preferences, Rights, Qualifications, Limitations, and Restrictions set forth in the Certificate of Designation.

Class B Preferred Shares means 415,000 Class B Preferred Shares of the capital stock of 9101-0835 Québec Inc. issued to and registered in the name of the Borrower;

Class B Preferred Shares shall have the meaning set forth in the section “Securities” of these Terms and Conditions;

Class B Preferred Shares means class B preferred shares of Pembina; "Common Shares" means the common shares in the capital of Pembina;

Class B Preferred Shares means the shares of Class B Preferred Stock, $.01 par value, of the Company;