Related Class definition
Examples of Related Class in a sentence
Related Class" is defined as the class or classes which are similar in the nature and character of the work performed and which require similar qualifications.
For this purpose, a Participant who owns more than 25 percent of any Related Class at any time within the one year preceding the Plan’s purchase of the Stock shall be subject to the restriction as to all allocations of the Stock, but any other Participant shall be subject to the restriction only as to allocations which occur at a time when he owns more than 25 percent of any Related Class.
The initial Certificate Balance of each Class of Lower-Tier Regular Interests is equal to the Certificate Balance of the Related Class of Certificates.
In the event that all or a portion of a Combination of Classes of Exchangeable REMIC Certificates is exchanged for a proportionate portion of the Related Class of Exchangeable Certificates, the Exchangeable Certificates will be entitled to a proportionate share of the voting rights allocated to the Related Classes of Exchangeable REMIC Certificates.
Related Class" is defined as the class or classes which are similar in 21 the nature and character of the work performed and which require similar qualifications.