Examples of Class A Voting Units in a sentence
Each holder of Class A Voting Units shall be entitled to the number of votes equal to the number of Class A Voting Units held.
The Company is authorized to issue two classes of Units to be designated, respectively, “Class A Voting Units” and “Class B Nonvoting Units” and collectively, the “Units.” The total number of Units which the Company is authorized to issue is 250,000,000 Units, consisting of 125,000,000 Class A Voting Units and 125,000,000 Class B Nonvoting Units.
Holders of Class A Voting Units shall vote together with all other classes entitled to vote at any annual or special meeting of the Members and not as a separate class except as otherwise provided by law and may act by written consent.
Any bid not secured in accordance with Clauses 12.1 and 12.2 above will be rejected by the Purchaser as non- responsive.
After the closing of the Transaction, CRI shall hold all the Class A Voting Units of the Company, and CRI shall be the sole voting member of the Company, except with respect to Mandatory Voting Rights.
Class A Voting Units are not subject to exchange into Pubco Shares.
As of the Effective Date, the Units will be comprised of two classes of Units, including Class A Voting Units and Class B Nonvoting Units.
Orchid LLC is authorized to issue two classes of Units to be designated, respectively, “Class A Voting Units” and “Class B Nonvoting Units” and collectively, the “Units.” The total number of Units which Orchid LLC is authorized to issue is 250,000,000 Units, consisting of 125,000,000 Class A Voting Units and 125,000,000 Class B Nonvoting Units.
Holders of Class A Voting Units shall vote together with all other classes entitled to vote at any annual or special meeting of the members and not as a separate class except as otherwise provided by law and may act by written consent.
The number of authorized Units of any of the Class A Voting Units or Class B Nonvoting Units may be increased or decreased (but not below the number of Units then outstanding) by the manager.