Class B Common Interests definition

Class B Common Interests has the meaning assigned to such term in Section 2.01(b).
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Class B Common Interests has the meaning set forth in Section 4.3.
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Class B Common Interests means the Interests in the form of shares owned by each Founding Firm, as specified in Schedule A of the LLC Agreement, having the rights and obligations specified in the LLC Agreement. See id. Schedule A of the LLC Agreement sets forth the Interest allocations of each Member.
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Examples of Class B Common Interests in a sentence

  • NYSE MKT shall pay for the Class B Common Interests to be purchased pursuant to this Section 11.5(g) by wire transfer of funds in the aggregate amount of the purchase price for such Class B Common Interests to the account specified by the applicable Founding Firm.

  • The Company shall have two (2) classes of Common Interests, which shall be Class A Common Interests and Class B Common Interests, and one (1) class of Preferred Interest, which will be for the purpose of accounting for the Company’s investments and for allocations of net profit, net loss and items thereof with respect to capital invested on or after the date hereof.

  • In addition, notwithstanding anything herein to the contrary and subject to Section 11.3, no Transfers of Class B Common Interests shall be permitted to a Specified Entity; provided that for the avoidance of doubt and subject to Section 11.4(c), Class B Common Interests may be Transferred to a Specified Entity if such Transfer is a Permitted Transfer.

  • The closing of the purchase of the Class B Common Interests pursuant to the Redemption Option shall take place on the date designated in the Redemption Notice,‌ which date shall not be more than sixty (60) days, or such longer period as may be necessary to obtain receipt of all required regulatory approvals, nor less than thirty (30) days after the delivery of the Redemption Notice (the “Redemption Date”).

  • The Redemption Reserve shall not be used to fund any such purchase of Class B Common Interests pursuant to the Redemption Option.

  • Schedule A specifies the Class B Common Interests that are outstanding, the Aggregate Class B Economic Allocation and the Aggregate Class B Voting Allocation, in each case, as of the date hereof.

  • In addition, to the extent permitted by applicable Law, the Company may pay the purchase price for any Class B Common Interests acquired hereunder by offsetting any bona fide debts owed by the Member to the Company that have been reduced to judgment in accordance with Article XV.

  • The Company shall pay for the Class B Common Interests to be purchased pursuant to the Redemption Option by wire transfer of funds in the aggregate amount of the purchase price for such Class B Common Interests to the account specified by the applicable Founding Firm.

  • Without limitation to Section 16.19, NYSE MKT may assign to an Affiliate the right to purchase Class B Common Interests pursuant to this Section 11.5(g).

  • NYSE MKT may exercise its right under this Section 11.5(g) by delivering written notice to the applicable Founding Firm, setting forth the amount of such unredeemed Class B Common Interests such Founding Firm shall be required to Transfer and the date on which such Transfer shall be consummated, which date shall not be more than sixty (60) days nor less than thirty (30) days after the delivery of such notice.


More Definitions of Class B Common Interests

Class B Common Interests means Class B Common Interests of the Company as defined in the LLC Agreement.
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Class B Common Interests means all of the outstanding Class B common membership interests of Primary Energy.
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Class B Common Interests means the Class B common membership interests of Primary Energy.
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Class B Common Interests means the Interests in the form of shares designated as “Class B Common Interests” having the rights and obligations specified in this Agreement.
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Related to Class B Common Interests

  • 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 Shares means shares of Class B Common Stock.

  • 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 Stock means the Class B common stock, par value $0.01 per share, 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 A Common Shares means the Class A common shares, par value $0.000079365 per share, of the Company and any other security into which such Class A Common Shares may hereafter be converted or changed.

  • Class B Interests As set forth in the Trust Agreement.

  • 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 B Units means the Class B Units of the Company.

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

  • Class A Shares means the Class A ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class A Shares, and having the rights provided for in these Articles.

  • Preferred Interests means, with respect to any Person, Equity Interests issued by such Person that are entitled to a preference or priority over any other Equity Interests issued by such Person upon any distribution of such Person’s property and assets, whether by dividend or upon liquidation.

  • Company Class B Common Stock means the Class B common stock, par value $0.01 per share, of the Company.

  • Class A Unit means a unit representing a Class A Interest having the rights, preferences and designations provided for such class in this Agreement.

  • Parent Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of Parent.

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

  • Preferred Units means all Partnership Interests designated as preferred units by the General Partner from time to time in accordance with Section 4.02 of the Partnership Agreement.

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