Class B Managers definition
Class B Managers has the meaning specified in Section 5.2(a).
Class B Managers means the Managers elected by the holders of the Class B Units.
Class B Managers has the meaning set forth in Section 8.02(a) hereof.
Examples of Class B Managers in a sentence
If the Board is unable to resolve any Critical Issue due to an inability of the Class A Managers or the Class B Managers, respectively, to determine a course of action among themselves, then any Manager may deliver a notice of Deadlock to each other Manager detailing the nature of such Deadlock.
If the Board is unable to resolve any Critical Issue due to an inability of the Class A Managers and the Class B Managers (in each case, voting as a block) to agree as to the resolution thereof (including as a result of a failure to achieve a quorum), then any Manager may deliver a notice of Deadlock to each other Manager detailing the nature of such Deadlock.
More Definitions of Class B Managers
Class B Managers. ’ means the Managers appointed by either the Warrant Holder or the Class B Limited Partner(s) pursuant to Section 5(b)(ii) hereof.
Class B Managers means the managers of the Company, or a Subsidiary, designated as Class B Managers by the Chief Executive Officer.
Class B Managers as set forth in Section 2.01.
Class B Managers when used in reference to members of the Board of Managers shall have the meanings set forth in Section 6.1(a) hereof.