HY Class B Shares definition
HY Class B Shares means shares of Class B Common Stock, par value $0.01 per share, of HY.
Examples of HY Class B Shares in a sentence
The Partnership shall continue in existence until dissolved (a) with the consent of the General Partners owning more than seventy five percent (75%) of the General Partnership Interests and Partners owning more than ninety percent (90%) of all Partnership Interests, or (b) with the consent of the General Partners, at such time, if any, as the Partnership ceases to own any HY Class A Shares and HY Class B Shares.
Partners owning at least a majority of the General Partnership Interests shall direct the voting of any HY Class A Shares and HY Class B Shares held by the Partnership and may authorize the Partnership to enter into a voting arrangement with respect to any or all of such HY Class A Shares and HY Class B Shares.