Examples of Class A Membership Interests in a sentence
The Class A Membership Interests and Class B Membership Interests in the Company are set forth on Schedule I.
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 shall not be required to issue a fractional units of Class A Membership Interests upon exercise of any Warrant.
The Manager may elect to receive this fee in the form of Class A Membership Interests valued at $100.00 per Unit, if there are unsold Class A Membership Interests remaining after completion of the Offering.(2) Initially, the Manager will be paid a monthly fee of $5,000.00 for management services provided to the Company.
No Class A Membership Interests or Class B Membership Interests are subject to preemptive rights or any other similar rights or any liens or encumbrances suffered or permitted by the Company.