Examples of NACCO Class A 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 NACCO Class A Shares and NACCO Class B Shares.
The interest may be paid in cash or NACCO Class A Shares on the same basis as is provided in Section 8.7 with respect to payment of the Purchase Price.
Notwithstanding such consent, the Partnership (i) shall not Transfer any NACCO Class B Shares unless such Transfer is permitted by Article FOURTH, Section 4 of the NACCO Restated Certificate and (ii) shall not Transfer, or convert to NACCO Class A Shares, any NACCO Class B Shares unless such Transfer or conversion is effected in accordance with the terms of the Stockholders' Agreement.