Common use of Classes of Members Clause in Contracts

Classes of Members. The Company shall have two (2) classes of Members: Class A Members and Class B Members. Each such class of Members shall have the rights, powers, duties, obligations, preferences and privileges set forth in this Agreement. The names and addresses of the Members shall be maintained by the Company.

Appears in 4 contracts

Samples: Operating Agreement (Real Street Build-to-Rent Fund I, LLC), Operating Agreement (Brookwood Fenton Investments LLC), Operating Agreement (Brookwood Fenton Investments LLC)

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Classes of Members. The Company shall have two (2) the following classes of Members: Class A Members and Class B Members. Each such class of Members shall have the rights, powers, duties, obligations, preferences and privileges set forth in this Agreement. The names and addresses of the Members shall be maintained by set forth in the CompanyRegister, as amended from time to time. Any person may simultaneously hold more than one class of membership.

Appears in 2 contracts

Samples: Operating Agreement (Spark Fund One LLC), Operating Agreement (PRC Equity Fund I, LLC)

Classes of Members. The Company shall have two (2) classes of Members: Class A Members and Class B Members. Each such class of Members members shall have the rights, powers, duties, obligations, preferences and privileges set forth in this Agreement. The names and addresses of the Members shall be maintained set forth in Exhibit “1” attached hereto and incorporated herein by the Companyreference, as amended from time to time. Any person may simultaneously hold more than one class of membership.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

Classes of Members. The Company shall have two (2) classes of Members: Class A Members and Class B Members. Each such class of Members shall have the rights, powers, duties, obligations, preferences preferences, and privileges set forth in this Agreement. The names and addresses of the Members Members, respectively, shall be maintained set forth in Exhibit “1”, attached hereto and incorporated herein by the Companyreference, as amended from time to time. A Class B Member may also be a Class A Member.

Appears in 1 contract

Samples: Operating Agreement (Benchmark Real Estate Investment Fund, LLC)

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Classes of Members. The Company shall have two (2) classes of Members: Class A Members and Class B Members. Each such class of Members shall have the rights, powers, duties, obligations, preferences preferences, and privileges set forth in this Agreement. The names and addresses of the Members Class A Members, respectively, shall be maintained set forth in Exhibit “1”, attached hereto and incorporated herein by the Companyreference, as amended from time to time. A Class B Member may also be a Class A Member.

Appears in 1 contract

Samples: Operating Agreement (Xiv-I Invest 1, LLC)

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