Class G Share definition
Examples of Class G Share in a sentence
The Class G Share shall rank, with respect to payment of dividends, distributions, redemption payments and rights (including as to the distribution of assets) upon a Liquidation Event, on parity to the Common Shares.
Any Class G Share which may be redeemed, purchased or acquired by the Company shall be retired and may not be reissued.
For the avoidance of doubt, no redemption of Preferred Shares directed by the holder of the Class G Share shall be consummated unless the holders of the Preferred Shares to be redeemed pursuant thereto receive the full amount to which they are entitled pursuant to the Preferred Terms.
Upon the termination of the SOA and Consulting Agreement, the Company shall have the right to redeem the Class G Share.
The Class G Share shall not be entitled to any distribution upon the occurrence of a Liquidation Event.
The Class G Share shall not be entitled to any distributions from the Company, other than pursuant to Section 5.3(d) below.