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.
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Class L Ordinary Shares shall have the meaning given in the Recitals hereto.
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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 (2) the aggregate number of Public Shares; minus (3) the aggregate number of Founder Shares issued and outstanding immediately following the consummation of the Public Offering; divided by (B) four (4).
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Examples of Class L Ordinary Shares in a sentence

  • Notwithstanding the foregoing, no dividends shall be payable on the Class L Ordinary Shares.

  • Every Member shall have one vote for each Share such Member holds (other than Class A Ordinary Shares, Class B Ordinary Shares and Class L Ordinary Shares), unless any such Share carries special voting rights.

  • 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.

  • 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”).

  • On the date of this letter agreement, each member of the Oak Group holding any of those certain Senior Convertible Subordinated Promissory Notes issued by the Company on September 8, 2004, as amended (the “ Convertible Notes”), shall exchange such notes for a number of Class L Ordinary Shares, par value $0.00001 per share, of the Company, pursuant to that certain Exchange Agreement, dated as of the date of this letter agreement, between the Company and the holders of the Convertible Notes.

  • 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 £0.01 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 the Class A ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class A Shares, and having the rights provided for in these Articles.

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

  • Class A Common Shares means the Class A common shares of the Company, par value US$0.00001 per share, at the date of this Indenture, subject to Section 14.07.

  • Class B Common Shares means shares of Class B Common Stock.

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

  • Class C Shares means the shares of Class C common stock of the Company.

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

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

  • Ordinary Shares shall have the meaning given in the Recitals hereto.

  • 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 Company's Class A Common Stock, par value $.01 per share.

  • 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 of the Company, par value $0.0001 per share.

  • Class B Warrants means 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 5 years, in the form of Exhibit C attached hereto.

  • 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.

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