Class L-1 Common Stock definition

Class L-1 Common Stock has the meaning set forth in the recitals.
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Class L-1 Common Stock means Class L-1 Common Stock, par value $0.01 per share, of the Company.
Sample 1

Examples of Class L-1 Common Stock in a sentence

  • Parent Shares Issued in Merger: Pursuant to the Merger Agreement, each of the Former LCE Investors shall receive shares of both Class L-1 Common Stock and Class L-2 Common Stock as merger consideration.

  • No amendment to the provisions of this Section 4.12 shall be effective without the prior written consent of the holders of a majority of the then outstanding shares of Class L Common Stock and Class L-1 Common Stock voting as a single class or, if there is no Class L Common Stock and Class L-1 Common Stock then outstanding, the holders of a majority of the Class L Common Stock and Class L-1 Common Stock voting as a single class at the time such Common Stock was converted into Class A Common Stock.

  • From and after the time of conversion of any share of Class L Common Stock or Class L-1 Common Stock, the rights of the holder thereof as such shall cease; the certificate formerly evidencing such share shall, until surrendered and reissued as provided above, evidence the applicable number of shares of Class A Common Stock; and such holder shall be deemed to have become the holder of record of the applicable number of shares of the applicable class of Class A Common Stock.

  • From and after such conversion, such shares of Class L Common Stock and Class L-1 Common Stock shall be retired and shall not be reissued; and upon the filing of a certificate in accordance with Section 243 of the General Corporation Law of the State of Delaware, the authorized shares of Class L Common Stock and Class L-1 Common Stock shall be eliminated.

  • Except in connection with this Second Amended and Restated Certificate of Incorporation, the Corporation shall not in any manner subdivide or increase the number of (by stock split, stock dividend or other similar manner), or combine in any manner, the outstanding snares of Class L Common Stock and Class L-1 Common Stock.

  • No Distributions shall be or become payable on any shares of Class L Common Stock or Class L-1 Common Stock pursuant to Section 4.6 of this Article 4 at or following such conversion.

  • Upon conversion of any share of Class L Common Stock or Class L-1 Common Stock, the holder shall surrender the certificate evidencing such share to the Corporation at its principal place of business.

  • Immediately prior to the Public Offering Time, without any action by the Board of Directors or any stockholder of the Corporation, each outstanding share of Class L Common Stock and Class L-1 Common Stock shall automatically convert into a number of shares of Class A Common Stock equal to the Class L Conversion Factor and the Class L-1 Conversion Factor, respectively, at the time of conversion.

  • Each Principal Investor Group agrees to convert shares of Class A-1 Common Stock and shares of Class L-1 Common Stock, if any, held by the Co-Investment Vehicles of such Principal Investor Group at any time into shares of Class A-2 Common Stock and shares of Class L-2 Common Stock, respectively, upon the receipt thereof by such Co-Investment Vehicle.

  • Each Principal Investor Group agrees to convert any shares of Class A-1 Common Stock and any shares of Class L-1 Common Stock held by the Co-Investment Vehicles of such Principal Investor Group at any time into shares of Class A-2 Common Stock and shares of Class L-2 Common Stock, respectively, upon the receipt thereof by such Co-Investment Vehicle.

Related to Class L-1 Common Stock

  • Class C Common Stock means the Class C Common Stock, par value $0.01 per share, of the Company.

  • Class D Common Stock means the Class D Common Stock, par value $0.01 per share, of the Company.

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

  • Class A Common Stock means the Class A common stock, par value $0.01 per share, of the Company.

  • Class B Common Shares means class B common shares of a nominal or par value of US$0.00001 each in the capital of the Company having the rights provided for in the Memorandum and Articles of Association, and any shares into which such class B common shares may be converted.

  • Parent Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of Parent.

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.

  • Class A Common Shares means shares of the Company's Common Stock, Class A, par value $0.0005.

  • Class C Ordinary Share shall have the meaning ascribed to it in Section 2.4(a).

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class A Stock means the Company's Class A Common Stock, par value $0.01 per share.

  • Company Class A Common Stock means the Class A common stock, $0.0001 par value per share, of the Company.

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Company Class B Common Stock means the Class B common stock, par value $0.01 per share, of the Company.

  • Class A Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class A Ordinary Shares and having the rights provided for in these Articles;

  • Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;

  • Class A Ordinary Share Value means, as of the close of business on the day preceding the date, the volume weighted average trading price of the Class A Ordinary Shares on all trading platforms or trading systems on which the Class A Ordinary Shares are being traded over the forty-five (45) trading days then ended, provided, that if the total aggregate trading volume over such 45-trading-day period is less than 5% of the public float, such period shall be extended to the ninety (90) trading days then ended, provided, further, if the total aggregate trading volume over such 90-trading-day period is less than 5% of the public float, the holder of the Class B Ordinary Shares shall request that the Board obtain an appraisal of the value of the Class A Ordinary Shares from one or more independent nationally-recognized third party appraisal companies and such appraisal shall constitute the Class A Ordinary Share Value.

  • Series B Common Stock means shares of Series B Common Stock, $1.00 par value, of the Company.

  • Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Series A Common Stock means the Series A Common Stock, par value $0.01 per share, of the Company.

  • Class A Common Units means the Company's Class A Common Units.

  • Class A Common Unit means a Common Unit having the rights and obligations specified with respect to Class A Common Units in this Agreement.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • Class B Common Unit means one of that certain class of Common Units with those special rights and obligations specified in this Agreement as being appurtenant to a “Class B Common Unit”.

  • Class C Shares means Class C Shares in the Company as set forth in the relevant