Common use of Class B Common Stock Clause in Contracts

Class B Common Stock. (i) The Seller is not aware of and has not taken or been directed to take any action which, or otherwise failed to take any action the failure of which, resulted in the conversion of the Subject Shares from shares of Class B Common Stock to shares of Class A Common Stock, as such latter two terms are defined in the Certificate, and (ii) the Subject Shares in the hands of the Seller are shares of Class B Common Stock.

Appears in 3 contracts

Sources: Purchase and Sale Agreement (Hyatt Hotels Corp), Purchase and Sale Agreement (Horton Trust Co LLC), Purchase and Sale Agreement (Hyatt Hotels Corp)