Class L Ordinary Shares definition

Class L Ordinary Shares means the ordinary shares of the Company with a nominal value of US$ 0.01 each designated as Class L Ordinary Shares in accordance with the Articles of Association.
Class L Ordinary Shares shall have the meaning given in the Recitals hereto.
Class L Ordinary Shares means the 12,777,778 Class L ordinary shares of the Company, par value $0.0001 per share, outstanding prior to the consummation of the Public Offering; (x) “Forward Purchase Shares” shall mean the 10,000,000 Ordinary Shares to be issued to the Sponsor in a private placement to close substantially concurrently with the closing of the initial Business Combination; (xi) “Forward Purchase Warrants” shall mean the 2,000,000 redeemable warrants to be issued to the Sponsor in a private placement to close substantially concurrently with the closing of the initial Business Combination; (xii) “Forward Purchase Securities” shall mean the Forward Purchase Shares and the Forward Purchase Warrants; and (xiii) “Class L Conversion Share Amount” means a number of Class L Shares equal to the quotient of: (A) the difference between: (1) the quotient of: (x) the aggregate number of Public Shares; divided by (y) seventy percent (70%); minus

Examples of Class L Ordinary Shares in a sentence

  • As of the Separation Date, the following Parent Incentive Equity will be vested: (i) 2,789 Class H Ordinary Shares and (ii) 2,788 shares of each of Class I Ordinary Shares, Class J Ordinary Shares, Class K Ordinary Shares and Class L Ordinary Shares (the “Vested Parent Incentive Equity”), and the remaining Parent Incentive Equity will not be vested (the “Unvested Parent Incentive Equity”).

  • You subscribed for and purchased (i) 14,525 shares of the Company’s Class H Ordinary Shares, (ii) 14,524 shares of the Company’s Class I Ordinary Shares, (iii) 14,523 shares of the Company’s Class J Ordinary Shares, (iv) 14,523 shares of the Company’s Class K Ordinary Shares, and (v) 14,523 shares of the Company’s Class L Ordinary Shares (collectively, the “Shares”) on April 18, 2013.

  • The Sponsor and Insiders further agree that to the extent that the size of the Public Offering is increased or decreased, the Company will effect a share capitalization or a share repurchase, as applicable, with respect to the Founder Shares immediately prior to the consummation of the Public Offering in such amount as to maintain the number of Founder Shares at one ninth (1/9) of the Public Shares and the number of Class L Ordinary Shares equal to four times (4x) the Class L Conversion Share Amount.

Related to Class L Ordinary Shares

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

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

  • A Ordinary Shares means the ‘A’ ordinary shares of £1.00 each in the capital of the Company;

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

  • 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;

  • New Ordinary Shares means the new Ordinary Shares arising on Conversion of the C Shares;

  • 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.

  • Class A Shares means Class A ordinary shares, par value US$0.0001 per share, in the share capital of the Company.

  • Additional Ordinary Shares means Ordinary Shares issued by the Guarantor following the issuance of the Subscribed Ordinary Shares;

  • Class A Common Shares means class A 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 A common shares may be converted.

  • Class B Common Shares means the Class B Convertible Voting Common Shares of the Company, par value $1.00 per share.

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

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

  • Class C Shares means shares of the Class C Common Stock.

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

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company.

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Class A Common Stock means the Class A Common Stock, par value $.01 per share, of the Company.

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

  • Class A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

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

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

  • Class B Shares means the Class B ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class B Shares, and having the rights provided for in these Articles.

  • Class A LP Units means the Class A limited partnership units of the Partnership.