Class B Membership Rights definition

Class B Membership Rights means the rights and obligations specified with respect to the Class B Membership Interest in this Agreement.
Class B Membership Rights means those non-voting Membership Rights designated as Class B Membership Rights, sharing pari passu in the economic rights of QHPC with the Class A Membership Rights as described in more detail in the Second Amended and Restated Bylaws of QHPC that is included as a Related Agreement.

Examples of Class B Membership Rights in a sentence

  • The rights associated with the Class B Membership Rights will be adjusted if certain events occur.

  • The rights associated with the Class B Membership Rights will be automatically adjusted if certain events occur.

  • Member Class A Membership Rights Class B Membership Rights Xxxxxxxxx Lutheran Health System, Inc.

  • Xxxxxx 50.0% of Class B Membership Rights Mac Acquisition of Baltimore County LLC Limited Liability Company MD None No Lxxxx X.

  • Xxxxxxx 50.0% of Class B Membership Rights Mac Acquisition IP LLC Limited Liability Company DE None No Mac Acquisition LLC 100% JCS Development, LLC Limited Liability Company DE None No Crab Addison, Inc.

Related to Class B Membership Rights

  • Membership Rights means all of the rights of a Member in the Company, including a Member’s: (a) Interest; (b) right to inspect the Company’s books and records; (c) right to participate in the management of and vote on matters coming before the Company; and (d) unless this Operating Agreement or the Certificate of Formation provide to the contrary, right to act as an agent of the Company.

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

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

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

  • Membership Units means the limited liability company interests in the Company held by the Members, expressed as a number of units held by each Member and set forth opposite such Member's name on Schedule I attached hereto, as amended, modified or supplemented from time to time.

  • 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.

  • Membership Interests has the meaning set forth in the recitals.

  • 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 Units means the Class B Units of the Company.

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

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

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

  • Membership Interest means a Member’s entire interest in the Company including such Member’s right to receive allocations and distributions pursuant to this Agreement and the right to participate in the management of the business and affairs of the Company in accordance with this Agreement, including the right to vote on, consent to, or otherwise participate in any decision or action of or by the Members granted pursuant to this Agreement.

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

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

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

  • Membership Unit means an outstanding common membership unit of the LLC.

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

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of the Act.

  • 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 C Shares means shares of the Class C Common Stock.

  • Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].

  • Membership Agreement means an agreement in the form of the Gas Supply Hub Membership Agreement in schedule 1.

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

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.