Examples of Class Y Common Stock in a sentence
If, at any time, Executive Holdco no longer has the right to designate any directors for nomination to the Board or Governing Body and Silver Lake no longer has the right to designate any directors for nomination to the Board or Governing Body, then any Stockholder may transfer the shares of Class Y Common Stock held by such Stockholder to the Company for no consideration, upon which transfer such shares of Class Y Common Stock shall be retired by the Company pursuant to Section 6.3 of the Company Charter.
Dividends or other distributions declared and paid with respect to the Class Y Common Stock may vary among holders thereof in order to account for differences in the fees and expenses payable to the Dealer Manager with respect to such Class Y Common Stock.
This Agreement shall terminate immediately upon the date that the Company ceases to offer shares of Class Y Common Stock and Class Z Common Stock in the Offering; provided, however, Sections 1, 2 and 3 shall remain in effect until the final payment of the Funding Amounts, and the final issuance of the Series C Units for such Funding Amounts, as contemplated by those sections.
Effective upon the commencement of the sale of shares of Class Y Common Stock and Class Z Common Stock in the Offering, the Sponsor or an affiliate agrees to fund the payment (as further described in the Prospectus) of (i) the upfront 3% sales commission for the sale of Class Y Common Stock, (ii) the upfront 3% dealer manager fee for the sale of Class Y Common Stock, and (iii) the estimated 1% organization and offering expenses for the sale of Class Y Common Stock and Class Z Common Stock.
The black line is the mean of Antarctic sea ice extent from the large ensemble of CESM, while the red line is the mean of the observations.
He thought Billy Coon would pounce on the Shiny Tin Fish and be caught.Sure enough, when Billy Coon came along that night, he jumped with both front feet on the Shiny Tin Fish.
The up-front fee on the Class Y Common Stock payable to the dealer manager for an offering of Class Y Common Stock and to be re-allowed to participating broker-dealers, as described in the Corporation’s most recent Prospectus for an offering of Class Y Common Stock.
The stockholder servicing fee on the Class Y Common Stock payable to the dealer manager for an offering of Class Y Common Stock and to be re-allowed to participating broker-dealers, as described in the Corporation’s most recent Prospectus for an offering of Class Y Common Stock (or, if the Corporation is not then engaged in an offering of Class Y Common Stock, then as described in the Corporation’s periodic filings with the SEC).
Upon the occurrence of a Triggering Event, all shares of Class Y Common Stock issued and outstanding will automatically and without further action on the part of the Corporation or holders thereof be transferred to the Corporation for no consideration and thereupon the Corporation promptly shall take all necessary action to cause such shares to be retired, and thereafter no shares of Class Y Common Stock may be issued or reissued by the Corporation.
Each share of Class Y Common Stock (other than a share of Class Y Common Stock sold pursuant to a distribution reinvestment plan) shall be subject to the Class Y Stockholder Servicing Fee as described in the Corporation’s most recent Prospectus for an offering of Class Y Common Stock (or, if the Corporation is not then engaged in an offering of Class Y Common Stock, then as described in the Corporation’s periodic filings with the SEC).