Class C Members. From and after the date hereof, the Manager, on behalf of the Company, may in the Manager’s sole discretion, from time to time, accept subscriptions for Class C Membership Units, in each case by execution and delivery of a Subscription Agreement and such other agreements and documents as the Manager may deem necessary and appropriate. Each subscriber to Class C Membership Units under this Section 3.1.3 may be admitted by the Manager on behalf of all Members as a Class C Member, provided that such subscriber or assignee, as applicable, shall in writing have accepted and adopted all of the terms and provisions of this Agreement.
Class C Members. Class C Members shall be entitled to vote on all matters coming to a vote of the Class C Members. Each Class C Member may cast one vote for each Class C Capital Unit held by the Class C Member on each matter brought to vote of the Class C Members. On all matters voted upon by the Class C Members, the affirmative vote of the majority of the Class C Capital Units voting on the matter at hand shall be the act of the Class C Members, except that the election of individuals serving on the Board of Managers for purposes of Section 3.9(e) shall be determined by a vote of the plurality of the Class C Members voting on the matter at hand.
Class C Members. Class C Members shall be entitled to vote on all matters coming to a vote of the Class C Members. Each Class C Member may cast one vote for each Class C Capital Unit held by the Class C Member on each matter brought to a vote of the Class C Members. On all matters to be voted upon by the Class C Members, the affirmative vote of the holders of a majority of the Class C Capital Units shall be the act of the Class C Members.
Class C Members. Class C Members shall be entitled to vote on all matters coming to a vote of the Class C Members as provided in Section 3.8(e), Section 8.4(b) and Section 8.6. Each Class C Member may cast one (1) vote for each Class C Capital Unit held by the Class C Member on each matter brought to vote of the Class C Members. On all matters voted upon by the Class C Members, the affirmative vote of the majority of the Class C Capital Units voting on the matter at hand shall be the act of the Class C Members, except that the election of individuals serving on the Board of Managers for purposes of Section 8.4(b) shall be determined by a vote of the plurality of the Class C Capital Units voting on the matter at hand and the removal of individuals serving on the Board of Managers for purposes of Section 8.6 shall be determined by the vote stated therein.
Class C Members. The Class C Members shall have no right to make any additional Capital Contributions.
Class C Members. Beginning with the 2008 Annual Meeting of the Members, Class C Members shall elect Managers to the Board in the manner provided in Section 5.3 hereof. Class C Members are not entitled to cumulate their votes for the election of Managers. In the election (or removal) of Managers by the Class C Members, Class C Members shall take action by the affirmative vote of the Class C Members holding a majority of the Units present, either in person, by proxy or by written ballot, at a duly held meeting of the Members at which a quorum is present for the transaction of business. Class C Members have no other class voting rights, and the Members shall take action on such other matters without regard to class and without any requirement of separate class voting or separate class approval or authorization.
Class C Members. Each Class C Member shall, concurrent with the admission of such Person as a Class C Member and his execution of this Agreement, contribute Dollars ($ ), and shall receive a corresponding credit to his Capital Account. At the time each Class C Member executes this Agreement, the Manager shall allocate to such Class C Member a Sharing Percentage in a Designated Bakery-Cafe and shall modify Exhibit C hereto to reflect the Sharing Percentages of the Members with respect to such Designated Bakery-Cafe.
Class C Members. The sole Class C Member shall be Declarant, or its specifically designated (in writing) successor(s) or assign(s). The Class C Member shall be allocated the number of votes equal to the total number of Class A Member votes and Class B Member votes, plus one (1). Class C Membership shall cease and become converted to Class A membership or Class B membership, as appropriate, upon Turnover.
Class C Members. The term “
Class C Members. The names, addresses, facsimile numbers, Initial Capital Contributions, and Units of the Class C Members, if any, shall be as set forth in schedule 4.5 attached hereto and incorporated by reference herein.