Class B Common Interest definition

Class B Common Interest means the Interest of a Class B Member in its capacity as such.
Class B Common Interest means, at any time, any Common Interest owned at such time by Central.
Class B Common Interest means an interest in the Company that represents a "Class B Common" limited liability company interest having the designations, powers, preferences and rights, and the qualifications, limitations and restrictions thereof, specified in Article IV.

Examples of Class B Common Interest in a sentence

  • Report No. 21-94 2021-22 Staff Handbook: Response to COVID-19 DraftDr. Thurwanger reviewed the return to school handbook that has been prepared using current Illinois Phase 4 guidance.

  • Sellers jointly own (i) a 0.71% Class B Common Interest Percentage in the Company (the “Common Interest”), and (ii) warrants to purchase the Class B Common Interest Percentage in the Company into which 120 shares of Common Stock of the Company’s predecessor BioXcel Corporation were converted (the “BioXcel Warrants”).

  • Given that Israel is a densely populated country (over 340 persons per square km), and that over half of the total population lives along the coastal strip, coastal land is highly valued.

  • Subject to preferential liquidation rights of the holders of Class A Preferred Interest as provided in the Agreement of the Cooperative, Units of Class B Common Interest shall be entitled to distributions of residual proceeds resulting from a Liquidation Event on a pari passu basis with all Class C Common Interest.

  • This is accomplished through an exchange feature that provides the holder the right, at any time, to exchange one share of Clearwire Class B Common Stock plus one Clearwire Communications Class B Common Interest for one share of Clearwire Class A Common Stock.

  • No Allocations are paid on Units of Class B Common Interest, however, all or part of the net earnings or losses of the Cooperative shall be allocated to the holders of Membership Units based on each Class B Member’s patronage, as determined by the Board on an annual basis and in accordance with the Agreement.

  • This is accomplished through an exchange feature that provides the holder the right, at any time, to exchange one share of Class B Common Stock plus one Clearwire Communications Class B Common Interest for one share of Class A Common Stock.

  • The Investment Agreement sets forth the terms of the transactions pursuant to which the Participating Equityholders invested in Clearwire Communications an aggregate of approximately $1.564 billion in exchange for 213,369,711 shares of Clearwire Communications non-voting Class B Common Interest and Clearwire Communications voting interests, which we refer to as the Private Placement, and the investment by certain of the Participating Equityholders in Rollover Notes.

  • No fees or commissions are or will be payable by GSO Associates, the Preferred Unit Purchaser or the GSO Funds to brokers, finders or investment bankers with respect to the purchase of the Class B Common Interest or any of the Purchased Preferred Units, the issuance to the GSO Funds of the SN Shares and Warrants or the consummation of the transactions contemplated by this Agreement, in each case, for which an SN Party may be liable.

  • State Farm Washington ElementaryHarmoni Wagner Britni Walz 308-535-7142Principal Secretary G00 W.

Related to Class B Common Interest

  • Class B Common Unit means one of that certain class of Common Units with those special rights and obligations specified in this Agreement as being appurtenant to a “Class B Common Unit”.

  • Common Interest means employers engaged in the same industry or members of an Oklahoma trade association that has been in business for at least five (5) years.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • Class A Common means the Company's Class A Common Stock, par value $.01 per share.

  • 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 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 Common Shares means the Class B Convertible Voting Common Shares of the Company, par value $1.00 per share.

  • Common Interests of any Person means Capital Interests in such Person that do not rank prior, as to the payment of dividends or as to the distribution of assets upon any voluntary or involuntary liquidation, dissolution or winding up of such Person, to Capital Interests of any other class in such Person.

  • Class B Common Stock means the Class B common stock, par value $0.0001 per share, of the Company.

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

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

  • Class A Percentage Interest means, with respect to a Class A Member as of a given date, that percentage obtained by dividing the total number of Class A Units owned by such Member by the total number of Class A Units issued and outstanding.

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

  • Class A Common Shares means class A common shares of a nominal or par value of US$0.00001 each in the capital of the Company having the rights provided for in the Memorandum and Articles of Association, and any shares into which such class A common shares may be converted.

  • 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.

  • Class A Share means a Class A ordinary share of a par value of US$0.0001 in the share capital of the Company.

  • Class A Interests means the Units purchased by the Class A Members. The Class A Interests shall comprise sixty-five percent (65%) of the total Interests sold. Class A Percentage Interest shall be determined by calculating the ratio between each Class A Member’s Capital Account in relation to the total capitalization of the Company provided by the Class A Members.

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

  • 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 C Monthly Interest is defined in Section 4.1(c).

  • Class C Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class C Certificates, evidencing a Regular Interest in REMIC 3 for purposes of the REMIC Provisions.

  • Class A Common Stock means the Class A Common Stock, par value $.01 per share, of the Company.

  • Class B Monthly Interest shall have the meaning specified in subsection 4.02(b).

  • Class B Unit means a Partnership Unit which is designated as a Class B Unit of the Partnership.

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