Class B Common Interest definition

Class B Common Interest means the Interest of a Class B Member in its capacity as such.
Sample 1Sample 2Sample 3
Class B Common Interest means, at any time, any Common Interest owned at such time by Central.
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2

Examples of Class B Common Interest in a sentence

  • Holders of Clearwire Class B Common Stock will be entitled at any time to exchange one share of Clearwire Class B Common Stock, in combination with one Clearwire Communications Class B Common Interest, for one share of Clearwire Class A Common Stock.

  • Each share of Class B Common Stock, together with one Clearwire Communications Class B Common Interest, is exchangeable at any time, subject to certain limited exceptions, at the option of the holder, into one fully paid and nonassessable share of Class A Common Stock of the Issuer, and has no expiration date.

  • It is not surprising then to see large cities emerge in the US and around the world.

  • The holders of Class B Common Interest are entitled to no more than a single vote per Unit on any matter for which a vote by Class B Members may or is to be taken as prescribed in the Cooperative’s Agreement.

  • 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 Class B Common Stock plus one Clearwire Communications Class B Common Interest for one share of Class A Common Stock.

  • Varieties of genetically modified plants shall be used in the production process only after obtaining approval for their introduction into the environment issued by the competent national authority, in accordance with the law on biological safety, as appropriate.

  • To apply for an OP the applicant must be at least 18 years old or emancipated if under 18.

  • Our membership interests consist of Class A Preferred Interest (Preferred Interest) and Class B Common Interest (Common Interest), both with equivalent voting rights.

  • Holders of Class B Common Stock will be entitled at any time to exchange one share of Class B Common Stock, in combination with one Clearwire Communications Class B Common Interest, for one share of Class A Common Stock.

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 the limited liability company membership interest represented by the Common Units owned by a Common Member in the Company at any particular time, including the right of such Common Member to any and all benefits to which a Common Member may be entitled as provided in the Act, this Agreement, or otherwise, together with the obligations of such Common Member to comply with all terms and provisions of this Agreement and the Act.

  • 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 the Company's Class A Common Units.

  • Class B Common Shares means (x) the Company’s Class B Common shares, $0.002 par value per share, the terms of which may be designated by the board of directors of the Company in a certificate of designations and (y) any share capital into which such preferred shares shall have been changed or any share capital resulting from a reclassification of such preferred shares (other than a conversion of such preferred shares into Common Shares in accordance with the terms of such certificate of designations).

  • 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 $0.01 per share, of the Company.

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

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

  • Class A Unit means a Unit representing a fractional part of the equity interest in the Company having the rights and obligations specified with respect to the Class A Units in this Agreement.

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

  • 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 $0.01 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 A Limited Partner means EPCO Holdings, Inc., a Delaware corporation, and its successors and assigns.

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