Common use of Class A Members Clause in Contracts

Class A Members. Investors who contribute capital to the Company through Contributions of cash in exchange for the purchase of Class A Interests issued by the Company shall become Class A Members of the Company, once admitted by the Manager. The Class A Members shall share, pro rata, in accordance with their Capital Contributions, sixty-five (65%) percent of the total Interests in the Company. The minimum investment amount required of a Class A Investor is Ten Thousand Dollars ($10,000) or Ten (10) Interests, however, the Manager reserves the right to accept less than the minimum investment amount from a single Class A Investor in order to achieve the maximum dollar amount of Interests to the Class A Investors, if less than the minimum investment amount required of each Class A Investor is needed to do so.

Appears in 5 contracts

Sources: Operating Agreement, Operating Agreement (Cardone Equity Fund V, LLC), Operating Agreement (Cardone Equity Fund V, LLC)

Class A Members. Investors who contribute capital to the Company through Contributions of cash in exchange for the purchase of Class A Interests issued by the Company Units shall become Class A Members of the Company, Company once admitted by the Manager. The Capital Contributions of the Class A Members shall share, pro rata, result in accordance with their Capital Contributions, sixty-five one hundred percent (65100%) percent of the total Capitalization of the Company, less the amount contributed by the Class B Members. Class A Members shall acquire ninety nine percent (99%) of the ownership Interests in of the Company. The minimum investment amount required of a Class A Investor is Ten Twenty Thousand Dollars ($10,00020,000) or Ten Twenty (1020) InterestsUnits, however, the Manager reserves the right to accept less than the minimum investment amount from a single Class A Investor in order to achieve the maximum dollar amount of Interests to the Class A Investors, if less than the minimum investment amount required of each Class A Investor is needed to do so.

Appears in 5 contracts

Sources: Company Agreement (Paradyme Equities, LLC), Company Agreement (Paradyme Equities, LLC), Company Agreement (Paradyme Equities, LLC)

Class A Members. Investors who contribute capital to the Company through Contributions of cash in exchange for the purchase of Class A Interests issued by the Company shall become Class A Members of the Company, once admitted by the Manager. The Class A Members shall share, pro rata, in accordance with their Capital Contributions, sixty-five (65%) percent of the total Interests in the Company. The minimum investment amount required of a Class A Investor is Ten Five Thousand Dollars ($10,0005,000) or Ten Five (105) Interests, however, the Manager reserves the right to accept less than the minimum investment amount from a single Class A Investor in order to achieve the maximum dollar amount of Interests to the Class A Investors, if less than the minimum investment amount required of each Class A Investor is needed to do so.

Appears in 5 contracts

Sources: Operating Agreement (Cardone Equity Fund IX, LLC), Operating Agreement (Cardone Equity Fund VI, LLC), Operating Agreement (Cardone Equity Fund IX, LLC)

Class A Members. Investors who contribute capital to the Company through Contributions of cash in exchange for the purchase of Class A Interests issued by the Company shall become Class A Members of the Company, once admitted by the Manager. The Class A Members shall share, pro rata, in accordance with their Capital Contributions, sixty-five (65%) percent of the total Interests in the Company. The minimum investment amount required of a Class A Investor is 100 Class A Interests, which shall initially be Ten Thousand Dollars ($10,000) or Ten (10) Interests), however, the Manager reserves the right to accept less than the minimum investment amount from a single Class A Investor in order to achieve the maximum dollar amount of Interests to the Class A Investors, if less than the minimum investment amount required of each Class A Investor is needed to do so.

Appears in 3 contracts

Sources: Operating Agreement (Pf Royalty I LLC), Operating Agreement (Pf Royalty I LLC), Operating Agreement (Pf Royalty I LLC)

Class A Members. Investors who contribute capital to the Company through Contributions of cash in exchange for the purchase of Class A Interests issued by the Company Units shall become Class A Members of the Company, Company once admitted by the Manager. The Capital Contributions of the Class A Members shall share, pro rata, result in accordance with their Capital Contributions, sixty-five one hundred percent (65100%) percent of the total Capitalization of the Company, less the amount contributed by the Class B Members. Class A Members shall acquire ninety nine percent (99%) of the ownership Interests in of the Company. The minimum investment amount required of a Class A Investor is Ten Thousand Dollars ($10,000) or Ten (10) InterestsUnits, however, the Manager reserves the right to accept less than the minimum investment amount from a single Class A Investor in order to achieve the maximum dollar amount of Interests to the Class A Investors, if less than the minimum investment amount required of each Class A Investor is needed to do so.

Appears in 3 contracts

Sources: Company Agreement (111 Crowdfunding LLC), Company Agreement (Paradyme Equities, LLC), Company Agreement (Paradyme Equities, LLC)

Class A Members. Investors who contribute capital to the Company through Contributions of cash in exchange for the purchase of Class A Interests issued by the Company shall become Class A Members of the Company, once admitted by the Manager. The Capital Contributions of the Class A Members shall share, pro rata, result in accordance with their Capital Contributions, sixty-five fifty percent (6550%) percent of the total Interests interests in the Company. Company The minimum investment amount required of a Class A Investor is Ten Thousand Five Hundred Dollars ($10,000500) or Ten (10) Interests, however, the Manager reserves the right to accept less than the minimum investment amount from a single Class A Investor in order to achieve the maximum dollar amount of Interests to the Class A Investors, if less than the minimum investment amount required of each Class A Investor is needed to do so.

Appears in 2 contracts

Sources: Company Agreement (Tulsa Real Estate Fund, LLC), Company Agreement (Tulsa Real Estate Fund, LLC)