Class A Membership definition

Class A Membership means the one (1) Class A Membership in CBOT.
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Class A Membership means a Membership Interest in the Company entitled to receive the distributions described in Section 5.03 of this Agreement and those certain voting rights (if any) described in Section 3.04 of this Agreement.
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Class A Membership. Each Owner (except Developer) is a Class A member of the Association. Regardless of the number of parties owning an interest in a Lot, each Lot is allocated one vote.
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Examples of Class A Membership in a sentence

  • Except as expressly permitted in this Agreement, no other Person shall be admitted as a Member of the Company, and no additional interest in the Company shall be issued, without such approval of a Majority of the Membership Interests and the Class A Membership Interest.

  • The Class A Membership Interests and Class B Membership Interests in the Company are set forth on Schedule I.

  • Whenever this Agreement provides for the approval or action of the Class A Members, unless specifically stated otherwise, such approval or action shall be made by the Class A Member (or if there is more than one Class A Member, the Class A Members owning a Majority of the Class A Membership Interest).

  • From and after the occurrence of any Event of Default and until such Event of Default is remedied to the reasonable satisfaction of Holder, Debtor will issue Holder no Class A Membership Units (as defined in the Amended and Restated Limited Liability Company of Debtor (the “LLC Agreement”)) on the date of such Event of Default and each 90 day interval thereafter until all amounts due and owing under this Note have been paid in full.

  • Further, a Member will not be entitled to deduct any amounts that it pays to an investor representative in connection with its purchase of a Class A Membership Interest.

  • Beal owns 49% of ETX Management #1, LLC.In addition to the 7,000 outstanding Class B Membership Interests, the Company will issue up to 73,000 Class A Membership Interests through this Offering.

  • The Company is only offering Class A Membership Interests to Investors through this Offering.

  • An individual non-United States Member who owns directly a Class A Membership Interest in the Company on his date of death could be subject to United States estate tax with respect to such Class A Membership Interest.

  • The following provisions shall be applicable to the making of adjustments of the number of Class A Membership Interests into which this Warrant is exercisable and the Warrant Price provided for in Section 4:(b) Fractional Interests.

  • All of such outstanding Class A Membership Interests have been, or upon issuance will be, validly issued and are fully paid and nonassessable.


More Definitions of Class A Membership

Class A Membership means an equity Membership Interest in the Company which entitles the holder to distribution rights and voting rights in the Company.
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Related to Class A Membership

  • Class A Membership Interest means a Class A Membership Interest in Holdings.

  • Class A Members means those Members who have purchased Class A Interests.

  • Class A Member means a Member holding one or more Class A Ordinary Shares.

  • Class B Membership Interest means a Class B Membership Interest in Holdings.

  • Class B Members means the Members holding Class B Units.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Class C Member means a Member holding the Class C Ordinary Share.

  • Preferred Member means a Member holding Preferred Units.

  • membership dues means the dues established pursuant to the constitution of the Alliance as the dues payable by its members as a consequence of their membership in the Alliance, and shall not include any initiation fee, insurance premium, or special levy;

  • Membership Units means the limited liability company interests in the Company held by the Members, expressed as a number of units held by each Member and set forth opposite such Member's name on Schedule I attached hereto, as amended, modified or supplemented from time to time.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Membership Unit means an outstanding common membership unit of the LLC.

  • Membership means the definition of that term under section 6 as in effect for the particular fiscal year for which a particular calculation is made.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • Class A Unit means any Partnership Unit that is not specifically designated by the General Partner as being of another specified class of Partnership Units.

  • Member Interest means an equity interest of a Member in the Company and includes any and all benefits to which such Member is entitled as provided in this Agreement, together with all obligations of such Member pursuant to the terms and provisions of this Agreement.

  • Founding Members means the collective reference to American Multi-Cinema, Inc., a Missouri corporation, Cinemark Media, Inc., a Delaware corporation, and Regal CineMedia Holdings, LLC, a Delaware limited liability company.

  • Membership Interest means a Member’s entire interest in the Company including such Member’s right to receive allocations and distributions pursuant to this Agreement and the right to participate in the management of the business and affairs of the Company in accordance with this Agreement, including the right to vote on, consent to, or otherwise participate in any decision or action of or by the Members granted pursuant to this Agreement.

  • Class B Interests As set forth in the Trust Agreement.

  • Class B Interest Each of the Class B-1 and Class B-2 Interests.

  • Membership Card means a card issued by the Club to indicate membership of a Membership Scheme.

  • General Partner Interest means a Partnership Interest held by the General Partner, in its capacity as general partner. A General Partner Interest may be expressed as a number of Partnership Units.

  • Other Members has the meaning specified in the recitals to this Agreement.

  • Limited Partner Interest means a Partnership Interest of a Limited Partner in the Partnership representing a fractional part of the Partnership Interests of all Limited Partners and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement. A Limited Partner Interest may be expressed as a number of Partnership Common Units, Partnership Preferred Units or other Partnership Units.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Percentage Interest means, with respect to each Note Holder, a fraction, expressed as a percentage, the numerator of which is the Note Principal Balance of the Note held by such Note Holder and the denominator of which is the sum of the Note Principal Balances of all of the Notes.