Class B Stock definition

Class B Stock means Class B Stock, par value $1.00 per share, of the Company.

Class B Stock shall have the meaning set forth in the recitals.

Class B Stock means capital stock in an FHLBank, including subclasses, that has the characteristics of class B stock set forth in the Act and Regulations.

Examples of Class B Stock in a sentence

• The direct equity adjustments modify earnings available to holders of Common Stock and Class B Stock for earnings per share purposes.

• The Corporation will use its best efforts to amend its certificate of incorporation to authorize additional Class B Stock should the number of shares of Class B Stock issuable upon exercise of the Option be increased in accordance with the terms of this agreement.

• The Redemption Notice shall state the number of shares of Class B Stock targeted for redemption, and a Member may not have more than one Redemption Notice outstanding at any time covering the same shares of Class B Stock.

• A Member shall not be permitted to purchase shares of Class B Stock other than as set forth in this Capital Plan.

• Each such item is allocated to those holders according to each holder’s proportionate share of total Class B Stock.

More Definitions of Class B Stock

Class B Stock has the meaning set forth in the Recitals.

Class B Stock means the Class B Stock, par value $0.01 per share, of the Company.

Class B Stock means the Class B Common Stock, par value $.01 per share, of the Issuer and any securities, cash or property into which the Class B Common Stock may be changed or for which the Class B Common Stock may be exchanged.

Class B Stock means the Class B Stock issued under this Capital Plan to the Members of the Bank.

Class B Stock shall, as applicable, (i) mean the Class B Common Stock, par value $0.01 per share, of SEI or (ii) following any consolidation, merger, reclassification or other similar event involving SEI, mean any shares or other securities of SEI or any other Person or cash or other property that become payable in consideration for the Class B Stock or into which the Class B Stock is exchanged or converted as a result of such consolidation, merger, reclassification or other similar event.

Class B Stock has the meaning specified in Section 4.3(a).

Class B Stock means (i) the Class B Common Stock, without par value, of the Company, and (ii) shares of capital stock of the Company issued by the Company in respect of or in exchange for shares of such Class B Stock in connection with any stock dividend or distribution, stock split-up, recapitalization, recombination or exchange by the Company generally of shares of such Class B Stock.