Voting Class definition

Examples of Voting Class in a sentence

• On or at any time following the Effective Date, any Class A Member or Class C Member may give notice to the Company of its election (a “Restricted Voting Election”) to specify its respective maximum Voting Class A Voting Percentage (the “Maximum Voting Class A Voting Percentage”) or its respective maximum Class C-1 Voting Percentage (the “Maximum Class C-1 Voting Percentage”).

• Each such notice of exchange will state the method by which the exchange of the shares of Common Stock and/or Common Share Equivalents or Class B Common Stock, and/or Common Share Equivalents, as the case may be, for Voting Class Rights or Class B Common Rights, as the case may be, will be effected and, in the event of any partial exchange, the number of Rights that will be exchanged.

• In addition, if the Company shall determine that the Securities Act requires an effective registration statement under the Securities Act following the Distribution Date, the Company may temporarily suspend the exercisability of the Voting Class Rights until such time as such a registration statement has been declared effective.

• Following the occurrence of a Triggering Event, the Company will use its best efforts to list (or continue the listing of) the Voting Class Rights and the securities issuable and deliverable upon the exercise of the Voting Class Rights on one or more national securities exchanges or to cause the Rights and the securities purchasable upon exercise of the Voting Class Rights to be reported by NASDAQ or such other transaction reporting system then in use.

• The Company may temporarily suspend, for a period of time not to exceed 90 days after the date set forth in clause (i) of the first sentence of this Section 9(c), the exercisability of the Voting Class Rights in order to prepare and file such registration statement and permit it to become effective.