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Common use of Class B Units Clause in Contracts

Class B Units. In addition to any other rights, privileges and limitations described in this Agreement, Class B Members shall have the following rights and privileges, and be subject to the following limitations:

Appears in 4 contracts

Samples: Operating Agreement, Operating Agreement (Granite Falls Energy, LLC), Operating Agreement (Granite Falls Energy, LLC)

Class B Units. In addition to any other rights, privileges and limitations described in this Agreement, a Record Holder of Class B Members shall Units will have the following rights and privileges, and be subject to the following limitations, with respect to Class B Units owned by such Class B Member:

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

Class B Units. In addition to any other rights, privileges and limitations described in this Agreement, Class B Members shall will have the following rights and privileges, and be subject to the following limitations:

Appears in 1 contract

Samples: Operating Agreement