Examples of Class A Manager in a sentence
Each reference in this section Subscription and Sale to the "Notes" means with respect to the Class A Manager, the Class A Notes and with respect to the Class B and C Manager, the Subordinated Notes.
As explained below, the Class A Manager was to ensure compliance with immigration rules and regulations while the Class B Manager was to manage the day-to-day operations of the Company.
The Class A Manager, Urban Harmony, is the only Class A Member -0003.
If a Majority of the Class B Common Units do not approve the Annual Business Plan or amendment thereto as proposed by the Class A Manager, Operator (the “Notifying Member”) may, within 15 days after such matter is not approved, give written notice (each a “Deadlock Notice”) to the Class B Holders (the “Notified Members”), describing the matter and stating that the Notifying Member desires to invoke the procedures described in this Section 15.14.
In the event the Managers fail to agree on an Annual Business Plan or any amendment thereto as proposed by the Class A Manager, upon the request of Operator the proposed Annual Business Plan or amendment thereto as proposed by the Class A Manager shall be promptly submitted to the Class B Holders for a vote.