Restricted Class A Shares definition

Restricted Class A Shares is defined in Section 3.01.
Sample 1Sample 2Sample 3
Restricted Class A Shares means all issued and outstanding shares of Class A Common Stock other than (i) IPO Shares, (ii) any shares of Class A Common Stock released in whole or in part from such restrictions by action of the Board of Directors pursuant to subsection (e) of this Section 3 and (iii) any shares of Class A Common Stock as to which the restrictions of this Section 3 have expired. For purposes of applying the percentages set forth in this Section 3, the number of shares shall be measured as of the Effectiveness Date and, in the case of any Restricted Class A Shares thereafter acquired, as of such subsequent acquisition date, and shall not in any event be reduced by any subsequent dispositions.
Sample 1
Restricted Class A Shares has the meaning set forth in Section 3.01(a).
Sample 1

Examples of Restricted Class A Shares in a sentence

  • Except as contemplated by Section 4.03 and except that the rights to have a legend removed from a certificate representing Restricted Class A Shares in accordance with Section 3.02(b) shall be deemed automatically assigned in connection with any transfer not prohibited hereunder, neither this Agreement nor any of the rights or obligations hereunder shall be assigned by any of the parties hereto without the prior written consent of the other parties.

  • Subject to this Article 3, each Class B Member acquiring Restricted Class A Shares may at any time transfer any or all of its Restricted Class A Shares to one or more of its Permitted Transferees or to any other Person in a transaction not in contravention of, and in accordance with, the Operating Agreement, so long as the transfer to such transferee is in compliance with the Securities Act and any other applicable securities or “blue sky” laws.

  • Except as contemplated by Section 4.3 and except that the rights to have a legend removed from a certificate representing Restricted Class A Shares in accordance with Section 3.2(b) shall be deemed automatically assigned in connection with any transfer not prohibited hereunder, neither this Agreement nor any of the rights or obligations hereunder shall be assigned by any of the parties hereto without the prior written consent of the other parties.

  • Each Class B Member agrees that it shall not Transfer any Restricted Class A Shares (or solicit any offers in respect of any Transfer of any Restricted Class A Shares), except in compliance with the Securities Act, any other applicable securities or “blue sky” laws, and the terms and conditions of this Agreement.

  • PICO agrees that it shall not transfer any Restricted Class A Shares (or solicit any offers in respect of any transfer of any Restricted Class A Shares), except in compliance with the Securities Act, any other applicable securities or “blue sky” laws, and the terms and conditions of this Agreement.

  • Notwithstanding the foregoing vesting schedule, the Restricted Class A Shares shall become fully vested on the earlier occurrence of: (i) the termination of the Independent Director’s service as a director of the Company due to his or her death or Disability; or (ii) a Change in Control of the Company.

  • Such Restricted Class A Shares shall be subject to the terms and restrictions described below in Section 6.3.

  • Such Restricted Class A Shares shall be subject to the terms and restrictions described below in Section 6.3 and shall be in addition to any otherwise applicable annual grant of Restricted Class A Shares granted to such Independent Director under Section 6.2.

  • If the Independent Director’s service as a director of the Company terminates other than as described in clause (i) of the foregoing sentence, then the Independent Director shall forfeit all of his or her right, title and interest in and to any unvested Restricted Class A Shares as of the date of such termination from the Board and such Restricted Class A Shares shall be reconveyed to the Company without further consideration or any act or action by the Independent Director.

  • Unless and until provided otherwise by the Board, the Restricted Class A Shares granted pursuant to Section 6.1 and Section 6.2 herein shall vest and become non-forfeitable in equal quarterly installments beginning on the first day of the first quarter following the Grant Date, provided that the Independent Director is providing services to the Company as a director on each such date.


More Definitions of Restricted Class A Shares

Restricted Class A Shares means Class A Shares granted to an Independent Director under Sections 6.1 and 6.2 hereof that are subject to certain restrictions and to risk of forfeiture in accordance with Sections 6.3 hereof.
Sample 1
Restricted Class A Shares means all issued and outstanding shares of Class A-1 Common Stock, Class A-2 Common Stock, Class A-3 Common Stock and Class A-4 Common Stock prior to the time any such shares have converted into Unrestricted Class A Shares pursuant to this Certificate of Incorporation.
Sample 1
Restricted Class A Shares means Class A Shares granted to an Independent Director pursuant to Article 6 hereof as an award of Restricted Stock.
Sample 1
Restricted Class A Shares means all issued and
Sample 1

Related to Restricted Class A Shares

  • Restricted Classes As defined in Section 4.02(e).

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

  • Class C Shares means shares of the Class C Common Stock.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

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

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

  • Class A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Eligible interests means interests or memberships.

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

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Class A Stock means the Company's Class A Common Stock, par value $0.01 per share.

  • Class B Investor Interest means, on any date of determination, an amount equal to (a) the Class B Initial Investor Interest, minus (b) the aggregate amount of principal payments made to Class B Certificateholders prior to such date, minus (c) the aggregate amount of Class B Investor Charge-Offs for all prior Transfer Dates pursuant to subsection 4.10(b), minus (d) the amount of the Reallocated Class B Principal Collections allocated pursuant to subsection 4.12(a) on all prior Transfer Dates for which the Collateral Interest Amount has not been reduced, minus (e) an amount equal to the amount by which the Class B Investor Interest has been reduced on all prior Transfer Dates pursuant to subsection 4.10(a) and plus (f) the aggregate amount of Excess Spread allocated and available on all prior Transfer Dates pursuant to subsection 4.11(d) for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the Class B Investor Interest may not be reduced below zero.

  • Class B Common Shares means the Class B Convertible Voting Common Shares of the Company, par value $1.00 per share.

  • Class A Interests means the Units purchased by the Class A Members. The Class A Interests shall comprise sixty-five percent (65%) of the total Interests sold. Class A Percentage Interest shall be determined by calculating the ratio between each Class A Member’s Capital Account in relation to the total capitalization of the Company provided by the Class A Members.

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

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

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

  • Class A Common Shares means class A common shares of a nominal or par value of US$0.00001 each in the capital of the Company having the rights provided for in the Memorandum and Articles of Association, and any shares into which such class A common shares may be converted.

  • Class LE Uncertificated Interest An uncertificated regular interest in the Lower-Tier REMIC which is held as an asset of the Upper-Tier REMIC and having the Original Lower-Tier Principal Amount and per annum rate of interest set forth in the Preliminary Statement hereto.

  • 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 LD Uncertificated Interest An uncertificated regular interest in the Lower-Tier REMIC which is held as an asset of the Upper-Tier REMIC and having the Original Lower-Tier Principal Amount and per annum rate of interest set forth in the Preliminary Statement hereto.

  • Class UT-R Interest The residual interest in the Upper-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.

  • Class A Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class A Ordinary Shares and having the rights provided for in these Articles;

  • principal class of shares means the class or classes of shares representing a majority of the voting power and value of the company;

  • Class LT-R Interest The residual interest in the Lower-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.