Class A-2 Units definition

Class A-2 Units means the Units having the privileges, preference, duties, liabilities, obligations and rights specified with respect to “Class A-2 Units” in this Agreement.

Class A-2 Units means that class of Company Interests issued to those Members set forth on Exhibit A in the amounts set forth thereon, and to such other Persons after the Effective Date in accordance with this Agreement, representing an interest in profits, losses and distribution as set forth in this Agreement and having the rights, powers, obligations, restrictions and limitations specified with respect to Class A-2 Units in this Agreement.

Class A-2 Units has the meaning set forth in the LLC Agreement.

Examples of Class A-2 Units in a sentence

• The Company has entered into the Redemption Agreement pursuant to which it will redeem Class A-1 Units and Class A-2 Units of the Company from members of the Founders Group, following which it will convert to a Delaware corporation to be called SoulCycle Inc.

• The Members acknowledge and agree that for the purposes of determining whether and to what extent each Member is obligated to participate in the Drag-along Sale, Class A-1 Units and Class A-2 Units shall not be considered separate series.

• The Members acknowledge and agree that for the purposes of determining whether and to what extent each Member is permitted to participate in the Tag-along Sale, Class A-1 Units and Class A-2 Units shall not be considered separate series.

• You further agree that within 5 business days of the date hereof, you will convert all of your Class A-2 Units of Linn ManagementCo or Linn Energy Holdco LLC you may then own (whether vested or unvested) into shares of Linn Energy common stock in accordance with the “Conversion Procedures” set forth in the Amended and Restated Limited Liability Company Operating Agreement of Linn Energy Holdco LLC, dated as of June 19, 2017 (the “Conversion”).

• The Members acknowledge and agree that for the purposes of determining whether and to what extent each Member is obligated to participate in the Drag- along Sale, (i) Class A-1 Units, Class A-2 Units, Nonvoting Class A-1 Units and Nonvoting Class A-2 Units, and (ii) Class C-1 Units and Class C-2 Units, as applicable, shall not be considered separate series.

More Definitions of Class A-2 Units

Class A-2 Units means the Class A-2 Units of the Partnership representing the interests in the Partnership set forth in this Agreement.

Class A-2 Units means the Units classified as Class A-2 Units in the A&R LLC Agreement and initially held by Apollo Fund.

Class A-2 Units has the meaning set forth in Section 3.7(a).

Class A-2 Units means preferred units of economic interest equal with each other, each with the rights and liabilities, at any particular time, including rights to vote, rights to distributions (liquidating or otherwise) and allocations, as provided in this Agreement.

Class A-2 Units has the meaning set forth in the A&R LP Agreement.

Class A-2 Units. (collectively, “Units”), in each case possessing the rights, interests and obligations set forth herein. Each Member who holds any Class A-1 Units is referred to herein as a “Class A-1 Unitholder” and each Member who holds any Class A-2 Units is referred to herein as a “Class A-2 Unitholder.” The Company shall keep a current schedule of the number of outstanding Class A-1 Units and Class A-2 Units (the “Schedule of Outstanding Units”) with the books and records of the Company. Attached as Schedule 1 hereto is the Schedule of Outstanding Units as of the date hereof, evidencing the Units that have been issued and/or transferred to the Members as of the date hereof in accordance with the terms of the Restructuring and this Agreement. Attached as Schedule 2 hereto is a schedule setting forth the Capital Accounts of such Members with respect to such Units, as of the date hereof. Each Unit issued to a Member in accordance with this Agreement shall be a fully paid and non-assessable limited liability company interest in the Company.

Class A-2 Units means a fractional part of the Class A-2 Interests of all Limited Partners, which is designated as a Class A-2 Unit, and having the rights and obligations specified with respect thereto in this Agreement, the Management Equity Plan and a Management Unit Subscription Agreement (if applicable), including any equity interest of the Partnership into which such Class A-2 Units may hereafter be converted, changed, reclassified or exchanged.