Class T Common Stock definition

Class T Common Stock means the Company's authorized Class T Common Stock, par value $.01 per share.
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Class T Common Stock means the Common Stock classified as “Class T” shares in the Articles of Incorporation.
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Class T Common Stock means Class T-1 Common Stock and Class T-2 Common Stock.
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Examples of Class T Common Stock in a sentence

  • Conversely, if at any time the outstanding shares of Class A Common Stock, Class P Common Stock, Class T Common Stock, and Class V Common Stock are consolidated into a smaller number of shares, then the Exercise Price will be increased proportionately and the number of Warrant Shares remaining to be purchased hereunder will be reduced proportionately.

  • If at any time the outstanding shares of Class A Common Stock, Class P Common Stock, Class T Common Stock, and Class V Common Stock are subdivided into a greater number of shares, whether by stock split, stock dividend or otherwise, then the Exercise Price will be reduced proportionately and the number of Warrant Shares remaining to be purchased hereunder will be increased proportionately.

  • The Corporation has authority to issue 450,000,000 Shares, consisting of 400,000,000 shares of common stock, $0.01 par value per share (“Common Shares”), of which 160,000,000 are classified as Class A Common Stock (the “Class A Common Shares”), 200,000,000 are classified as Class T Common Stock (the “Class T Common Shares”) and 40,000,000 are classified as Class I Common Stock (the “Class I Common Shares”), and 50,000,000 shares of preferred stock, $0.01 par value per share (“Preferred Shares”).

  • Except as otherwise set forth in the charter, the shares of Class A Common Stock, Class I Common Stock and Class T Common Stock shall have identical preferences, rights, voting powers, restrictions, limitations as to dividends and other distributions, qualifications, and terms and conditions of redemption.

  • The per share amount of distributions, if any, paid on the shares of Class A Common Stock, Class I Common Stock and Class T Common Stock will differ because of the Distribution Fee.

  • The number of authorized shares of Class T Common Stock shall be 500,000,000.

  • The term “Class T Common Stock” shall mean Common Stock classified and designated as Class T Common Stock.

  • The Company will pay the Distribution Fee on each share of Class I Common Stock and each share of Class T Common Stock issued by the Company other than a share of Class I Common Stock or Class T Common Stock issued pursuant to a distribution reinvestment plan.

  • The shares of Class T Common Stock are not convertible into or exchangeable for any other property or securities of the Corporation.

  • The term “Class T Conversion Rate” shall mean the number of shares of Class I Common Stock equal to the product of each share of Class T Common Stock to be converted and a fraction, the numerator of which is the Class T NAV Per Share and the denominator of which is the Class I NAV Per Share.


More Definitions of Class T Common Stock

Class T Common Stock shall have the meaning set forth in the Charter.
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Class T Common Stock means Class T-1 Common Stock, Class T-2 Common Stock and Class T-3 Common Stock collectively.
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Class T Common Stock shall have the meaning as provided in Section 5.1 herein.
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Class T Common Stock shall have the meaning set forth in Section 3.1(a).
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Related to Class T Common Stock

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

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

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

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

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

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

  • Class A 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.

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

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

  • 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;

  • Newco Common Stock means the common stock, par value $.01 per share, of Newco.

  • 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.

  • Target Common Stock means the common stock, $.0001 par value per share, of Target.

  • 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 A Common Units means a Common Unit which is designated as a “Class A Common Unit” and which has the rights, preferences and other privileges designated in Annex A hereto and elsewhere in this Agreement in respect of holders of Common Units.

  • 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).