Common use of Terms of Class B Membership Interests Clause in Contracts

Terms of Class B Membership Interests. Each Class B Membership Interest shall: (i) give the Member who is the owner thereof the right to receive distributions (liquidating or otherwise) in accordance with _______ and as otherwise specified herein, (ii) give the Member who is the owner thereof no voting rights but such other rights with respect to such Class B Membership Interest as specified herein and (iii) be issued as provided in _________________.

Terms of Class B Membership Interests. Each Class B Membership Interest shall: (i) give the Member who is the owner thereof the right to receive distributions (liquidating or otherwise) in accordance with _______ Error! Reference source not found. and as otherwise specified herein, (ii) give the Member who is the owner thereof no voting rights but such other rights with respect to such Class B Membership Interest as specified herein and (iii) be issued as provided in _________________Error! Reference source not found. .