Class A Share Amount definition

Class A Share Amount means a number of Class A Shares equal to the number of Tendered Units.
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Class A Share Amount means the number of Class A Shares issued and outstanding as at the close of business on the Business Day immediately preceding the Effective Date. It is understood that certification by the transfer agent of CFCL, AST Trust Company (Canada), of the number of issued and outstanding Class A Shares as at the close of business on the Business Day immediately preceding the Effective Date shall be conclusive evidence of the Class A Share Amount.
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Class A Share Amount means the amount of cash proceeds to be paid on a Class A Share resulting from a Liquidation Event or Sale Transaction;
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Examples of Class A Share Amount in a sentence

  • Until a Specified Redemption Date and a redemption of the Tendered Units by the Special Limited Partner for the Class A Share Amount, the Tendering Party shall have no rights as a stockholder of the Special Limited Partner with respect to the Class A Shares issuable in connection with such acquisition.

  • If the Partnership so elects, on the Specified Redemption Date, the Sponsors shall sell such number of the Tendered Units to the Partnership in exchange for, at the election of such Sponsor, (i) a number of Class A Shares equal to the product of the Class A Share Amount and the Applicable Percentage (the “Share Purchase Price”) or (ii) subject to the approval of the Conflicts Committee, a cash sum (the “Cash Purchase Price”) equal to the product of the Cash Amount and the Applicable Percentage.

  • A Sponsor, at its option, may elect to receive the Class A Share Amount in respect of any Tendered Units subject to such deferral in accordance with Section 2(a)(iii).

  • In lieu of any fractional BEPC Class A Shares to which the Tendering Class A.2 Shareholder would otherwise be entitled, the Company shall pay a cash amount equal to the BEPC Class A Share Amount on the Trading Day immediately preceding the Exchange Date multiplied by such fraction of a BEPC Class A Share.

  • Until a Specified Redemption Date and a redemption of the Tendered Units by the Managing Member for the Class A Share Amount, the Tendering Party shall have no rights as a stockholder of Genesis with respect to the Class A Shares issuable in connection with such acquisition.

  • In consideration for the issuance and sale of the Purchased Class A Shares, against delivery thereof to Investor, and upon the terms and subject to the conditions of this Agreement, at the Closing Investor shall pay or cause to be paid to the Company by wire transfer in immediately available funds to an account designated by the Company an aggregate amount in cash equal to the product of (i) the Per Share Price, multiplied by (ii) the Purchased Class A Share Amount (such product, the “Purchase Price”).

  • In lieu of any fractional BIPC Class A Shares to which the Tendering Class A.2 Shareholder would otherwise be entitled, the Company shall pay a cash amount equal to the BIPC Class A Share Amount on the Trading Day immediately preceding the Exchange Date multiplied by such fraction of a BIPC Class A Share.

  • Until a Specified Redemption Date and a redemption of the Tendered Units by the Managing Member for the Class A Share Amount, the Tendering Party shall have no rights as a stockholder of the Managing Member with respect to the Class A Shares issuable in connection with such acquisition.

  • A Sponsor, at its option, may elect to receive the Class A Share Amount in respect of any Tendered Units subject to such deferral in accordance with Section 2.1(a)(iii).

  • Upon the terms and subject to the conditions of this Agreement, at the Closing, Investor shall purchase from the Company, and the Company shall issue, sell and deliver to Investor, a number of Class A Shares (the “Purchased Class A Shares”) equal to the Purchased Class A Share Amount, free and clear of all liens or encumbrances (other than those created by virtue of this Agreement or the LLC Agreement).

Related to Class A Share Amount

  • Per Share Amount has the meaning set forth in Section 3.01(c).

  • Share Amount as of any day is the number of Shares that Seller and any person whose ownership position would be aggregated with that of Seller and any group (however designated) of which Seller is a member (Seller or any such person or group, a “Seller Person”) under any law, rule, regulation, regulatory order or organizational documents or contracts of Counterparty that are, in each case, applicable to ownership of Shares (“Applicable Restrictions”), owns, beneficially owns, constructively owns, controls, holds the power to vote or otherwise meets a relevant definition of ownership under any Applicable Restriction, as determined by Seller in its sole discretion.

  • Interest Share Amount shall have the meaning set forth in Section 2(a).

  • Daily Share Amount means, with respect to any VWAP Trading Day, the quotient obtained by dividing (A) the excess, if any, of the Daily Conversion Value for such VWAP Trading Day over the applicable Daily Maximum Cash Amount by (B) the Daily VWAP for such VWAP Trading Day. For the avoidance of doubt, the Daily Share Amount will be zero for such VWAP Trading Day if such Daily Conversion Value does not exceed such Daily Maximum Cash Amount.

  • Class A Share means a Class A ordinary share of a par value of US$0.0001 in the share capital of the Company.