NACCO Class B Shares definition

NACCO Class B Shares means shares of Class B Common Stock, par value $1.00 per share, of NACCO.
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Examples of NACCO 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 NACCO Class A Shares and NACCO Class B Shares.

  • Notwithstanding anything to the contrary contained in this Agreement, no distribution in kind of NACCO Class B Shares held by the Partnership shall be made unless such distribution by the Partnership is permitted under Article FOURTH, Section 4 of the NACCO Restated Certificate.

  • 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.

  • Class A Shares and NACCO Class B Shares: Admission of New General Partners.

Related to NACCO Class B Shares

  • 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 C Shares means Class C Shares in the Company as set forth in the relevant

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

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

  • Class B Interests As set forth in the Trust Agreement.

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

  • Class A Shares means Class A ordinary shares, par value US$0.0001 per share, in the share capital of the Company.