Additional Unitholder definition

Additional Unitholder means a Person admitted to the LLC as a Unitholder pursuant to Section 11.2.
Additional Unitholder means a Person admitted to the LLC as a Unitholder pursuant to SECTION 11.2.
Additional Unitholder means a Person admitted to the Company as a Unitholder pursuant to Section 11.2 hereof and who is shown as a Unitholder on Unitholder Registry.

Examples of Additional Unitholder in a sentence

  • A Person may be admitted to the Company as an Additional Unitholder only upon the Board’s receipt from such Person of (i) a joinder, in form satisfactory to the Board, whereby such Person agrees to be party to this Agreement and bound by all of its terms and conditions (including the power of attorney granted in Section 15.1) and (ii) such other documents or instruments as may be necessary or appropriate to effect such Person’s admission as a Unitholder.

  • The admission of an Additional Unitholder will be effective as of the date on which such conditions are satisfied, as the Board reasonably determines, The Board will reflect the admission of an Additional Unitholder on the Company’s books and records.


More Definitions of Additional Unitholder

Additional Unitholder means a Person admitted to the Company as a Unitholder pursuant to Section 10.02.
Additional Unitholder means any Person admitted as a Unitholder pursuant to Section 3.3 of this Agreement.
Additional Unitholder means any Person admitted as a Unitholder pursuant to Section 3.3 of this Agreement.

Related to Additional Unitholder

  • Unitholder means a person holding units in the scheme of the Mutual Fund.

  • Limited Partner means, prior to the admission of the first Additional Limited Partner to the Partnership, the Initial Limited Partner, and thereafter any Person named as a Limited Partner in Exhibit A, as such Exhibit may be amended from time to time, upon the execution and delivery by such Person of an additional limited partner signature page, or any Substituted Limited Partner or Additional Limited Partner, in such Person’s capacity as a Limited Partner of the Partnership.

  • Additional Limited Partner means a Person admitted to the Partnership as a Limited Partner pursuant to Section 10.4 and who is shown as such on the books and records of the Partnership.

  • Partnership Representative has the meaning set forth in Section 5.2(a).

  • Service member means a member of the armed forces, a reserve branch of the armed forces, or the Michigan national guard.