Common use of Class A Units Clause in Contracts

Class A Units. Each Class A Unit shall be entitled to one (1) vote on matters with respect to which the Members are entitled to vote, other than the election of Elected Directors. In addition, the Class A Units shall be entitled to certain preferences and rights as expressly set forth in this Agreement.

Appears in 7 contracts

Sources: Operating Agreement, Operating Agreement (Lincolnway Energy, LLC), Operating Agreement (Lincolnway Energy, LLC)

Class A Units. Each Class A Unit shall be entitled to one (1) vote on matters with respect to which the Members are entitled to vote, other than the election of Elected Directors. In addition, the Class A Units shall be entitled to certain preferences and rights as expressly set forth in this Agreement.. HB: 4837-9580-7915.3

Appears in 2 contracts

Sources: Operating Agreement (Lincolnway Energy, LLC), Operating Agreement (Lincolnway Energy, LLC)

Class A Units. Each Class A Unit Units shall be entitled to one (1) vote on matters with respect per Class A Unit. Each Class A Unit shall be identical to which the Members are entitled to vote, all other than the election of Elected Directors. In addition, the Class A Units in all respects and shall be entitled entitle the holder thereof to certain preferences the rights, interests, preferences, and rights privileges of a holder of a Class A Unit as expressly set forth in this Operating Agreement.

Appears in 1 contract

Sources: Operating Agreement