Class A Preferred Member definition

Class A Preferred Member means any Member holding and to the extent it holds Class A Preferred Units.
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Class A Preferred Member has the meaning ascribed to such term in the preamble to this Agreement.
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Class A Preferred Member means a Member that owns a Class A Preferred Interest.
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Examples of Class A Preferred Member in a sentence

  • CII or such Affiliate will be deemed to have made a Capital Contribution of cash to the Company in the amount paid to a Class A Preferred Member pursuant to the Rifkxx Xxx Agreement, and the Company will be deemed to have issued Class A Common Units to CII or its Affiliate.

  • On or before the last Business Day of each month immediately following the end of each calendar quarter (a "Due Date"), commencing with the calendar quarter ending December 31, 1998, the Company shall distribute cash to each Class A Preferred Member in an amount equal to the initial balance in such Class A Preferred Member's Preferred Capital Account multiplied by 2.25%; provided, however, the Company shall distribute cash to Xxxxx X.

  • Each Class A Preferred Member issued Class A Preferred Units shall make at the time of his, her or its admission to Company an initial Capital Contribution in such amount as the Board shall determine.

  • In exchange, Fuji became a Class A Preferred Member of HRII and received Class A Preferred Units entitled to certain interest and principal repayments.

  • Unless otherwise restricted by law, any Director may be removed, with or without cause by the Common Member, and without the consent of the Class A Preferred Member, and any vacancy caused by any such removal may be filled by action of the Common Member.

  • Notwithstanding the foregoing, Rockpoint Class A Preferred Member shall have the right, at the time the Conversion Election is implemented, to cause future Losses to be allocated to the Members in proportion to their respective Percentage Interests if it deems necessary after consultation with its tax advisors.

  • The Schedule of Expenditures of Federal Awards includes the federal award activity of the City under the Water and Waste Disposal Systems for Rural Communities program of the federal government for the year ended June 30, 2016.

  • Except as otherwise specifically provided in -------------------- Articles IX and X with respect to the Class A Preferred Member, and Transfers made in accordance with Sections 6.1 and 6.2 hereof, no Member shall have the right to withdraw from the Company.

  • If the Class A Preferred Member does not send an Election Notice within the time period specified in the preceding sentence, the Class A Preferred Membership Interest shall be automatically converted into a Class B Common Membership Interest in accordance with Section 10.2, effective as of the Conversion/Transfer Date.

  • Xxxx ------------------------------ Name: Title: The undersigned hereby unconditionally and irrevocably guarantees the performance by Reckson of its obligation to deliver common shares of Reckson Realty to the Class A Preferred Member in accordance with Section 10.3 of the Agreement.


More Definitions of Class A Preferred Member

Class A Preferred Member and, together, the “Members”), as the members of the Company (as defined herein).
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Class A Preferred Member means Crescent and its permitted successors ------------------------ and assigns.
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Class A Preferred Member means any Member to the extent that such Member holds a Class A Preferred Interest. All Class A Preferred Members shall be Non- Voting Members to the extent of their Class A Preferred Interest.
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Class A Preferred Member means (i) GAP or (ii) any transferee of all or any portion of the Class A Preferred Shares of a Class A Preferred Member who has been admitted to the Company as an Additional Member in accordance with the terms of this Agreement, in any such case to the extent GAP or such transferee holds Class A Preferred Shares.
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Class A Preferred Member means each Person admitted to the Company as a Class A Preferred Member whose name is set forth on Schedule II hereto as a Class A Preferred Member, and any other Person admitted as an additional or substitute Class A Preferred Member, so long as such Person remains a Class A Preferred Member.
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Class A Preferred Member means any Person who has purchased or been granted Class A Preferred Membership Units and is listed as a Class A Preferred Member on Schedule A hereto, as such schedule may be amended from time to time, and any additional or substitute Class A Preferred Member admitted to the Company in accordance with the terms of this Agreement.
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Related to Class A Preferred Member

  • Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Preferred Member means a Member holding Preferred Units.

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

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

  • 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.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • Class B Preferred Stock means the Class B preferred stock, nominal value $1,000, of the Company.

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

  • Class A Common Unit means a Common Unit having the rights and obligations specified with respect to Class A Common Units in this Agreement.

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

  • Preferred Unit means a fractional, undivided share of the Partnership Interests that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the Common Units that the General Partner has authorized pursuant to Section 4.2 hereof.

  • Series A Preferred means the Series A Convertible Preferred Stock of the Company, par value $0.01 per share.

  • 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.

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

  • Series B Preferred Units shall have the meaning provided in Section 1.

  • Class B Stock means Class B Stock, par value $1.00 per share, of the Company.

  • Class A Common Units means a Common Unit which is designated as a “Class A Common Unit” and which has the rights, preferences and other privileges designated in Annex A hereto and elsewhere in this Agreement in respect of holders of Common 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.

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

  • Class B Preferred Shares means class B preferred shares of Pembina;

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of the Company.

  • Class C Percentage Interest As of any date of determination, with respect to the Class C Certificates, a percentage interest equal to a fraction, the numerator of which is the Class Principal Balance of the Class C Certificates on such date, and the denominator of which is the Class Principal Balance of the Class C Regular Interest on such date.

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