Class A Member Interests definition

Class A Member Interests means the Member Interests represented by the Class A Units.
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Class A Member Interests has the meaning set forth in the Operating ------------------------ Agreement.
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Class A Member Interests has the meaning set forth in Section 2.7.
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Examples of Class A Member Interests in a sentence

  • The Class A Member Interests and Class B Member Interests shall be issued in equal, whole unit increments.

  • All such adjustments in the number and kind of securities to be issued pursuant to the Warrant Interest shall be determined by the Board of Managers in good faith and on the same basis as all adjustments made with respect to all Class A Member Interests generally.

  • CPS shall not grant or otherwise create any Lien on the Class A Member Interests (as defined in the LLC Agreement) in the Borrower (or any other equity interest in the Borrower, including the Class B Member Interest) without the prior written consent of the Administrative Agent (other than the Lien granted to the Collateral Agent under the Pledge Agreement).

  • The Company shall procure that the equity in its capital issued on exercise of the Warrant will rank at least pari passu with existing ordinary equity capital of the Company being, at the date hereof, Class A Member Interests.

  • CPS shall own beneficially and of record 100% of the Class A Member Interests (as defined in the LLC Agreement) of the Borrower free and clear of all Liens (other than the Lien granted to the Collateral Agent under the Pledge Agreement).

  • Assignor does hereby irrevocably from and after the Effective Time (as defined below) (a) sell, transfer, assign and deliver to Assignee all of Assignor’s right, title and interest in and to the Assignor Class A Member Interests (Assignor’s assigned interest, an “Assigned Interest”) and (b) transfer, delegate and deliver to Assignee all of Assignor’s obligations and liabilities in respect of the Assignor Class A Member Interests (Assignor’s delegated obligations, the “Delegated Obligations”).

  • Thereafter, and prior to the Transition Date, the monthly Management Fee shall equal 1/12 of 1.25% for the Class A Member Interests and 1/12 of 1.50% for the Class B Member Interests and will be based on the unreturned Capital Contributions of each Member.

  • Notwithstanding anything to the contrary contained herein, the obligation of the Class A Members to transfer their Class A Member Interests pursuant to Section 11.1 shall be contingent on the receipt of all required Governmental Approvals, if any, (including any from the United States Maritime Administration, if required) and the time periods provided for herein under Section 11.1 to consummate any such sales shall be extended, if necessary, to procure such Government Approvals.

  • The reasonable costs of such Disposition and closing, including attorneys' fees and filing fees of the Members, shall be paid by the Electing Purchasers in proportion to their Diamond Class A Member Interests.

  • Newco’s Class A Member Interests shall be composed of the First Newco Class A Member Interest and the Second Newco Class A Member Interest for purposes of vesting and potential forfeiture in accordance with this Section 5.3 and Section 7.10(d).


More Definitions of Class A Member Interests

Class A Member Interests has the meaning set forth in Section 4.2(a). ------------------------ --------------
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Related to Class A Member Interests

  • Member Interest means an equity interest of a Member in the Company and includes any and all benefits to which such Member is entitled as provided in this Agreement, together with all obligations of such Member pursuant to the terms and provisions of this Agreement.

  • Class A Members means those Members who have purchased Class A Interests.

  • Class A Member means a Member holding one or more Class A Ordinary Shares.

  • Class B Members means the Members holding Class B Units.

  • Membership Interests has the meaning set forth in the recitals.