Class B Party definition

Class B Party is defined in Section 11.1(b).
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Class B Party means any Party to the extent such Party holds a Class B Interest.
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Examples of Class B Party in a sentence

  • Subject to Section 4.04(b), each Member (other than any NEP Class B Party in its capacity as a holder of Class B Units) will have the option (but not the obligation) to make Capital Contributions to the Company in accordance with the terms specified in such Capital Call.

  • A Qualifying Class B Party shall have the right (subject to the terms and conditions set forth herein) (the “Class B Redemption Right”) to require the Partnership to redeem all or a portion of the Class B Units held by a Class B Tendering Party (Class B Units that have in fact been tendered for redemption being hereafter referred to as “Tendered Class B Units”) in exchange (a “Class B Redemption”) for the Class B Unit Cash Amount payable on the Specified Redemption Date.

  • Any Class B Redemption shall be exercised pursuant to a Class B Unit Notice of Redemption delivered to the General Partner by the Qualifying Class B Party when exercising the Redemption right (the “Class B Tendering Party”).

  • For purposes of this Section 8.6, (a) any Limited Partner (whether or not otherwise a Qualifying Common Party or Qualifying Class B Party) may, in the General Partner’s sole and absolute discretion, be treated as a Qualifying Common Party that is a Common Tendering Party, and (b) the provisions of Sections 15.1.F(2) and 15.1.F(3) hereof shall not apply, but the remainder of Section 15.1 hereof shall apply, mutatis mutandis.

Related to Class B Party

  • Class C Certificateholder means the person in whose name a Class C Certificate is registered on the Certificate Register.

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

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

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

  • 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 A Certificateholder The registered holder of a Class A Certificate.

  • Class B Certificateholder means the Person in whose name a Class B Certificate is registered in the Certificate Register.

  • Lower Tier Participant refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Class E Noteholder means the Person in whose name a Class E Note is registered on the Note Register.

  • Class B Noteholders Distribution Amount” means, for any distribution date, the sum of the Class B Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Principal Distribution Amount for that distribution date.

  • Class B Noteholder means the Person in whose name a Class B Note is registered in the Note Register.

  • Class A-2 Certificateholder The registered holder of a Class A-2 Certificate.

  • Class A-PO Certificateholder The registered holder of a Class A-PO Certificate.

  • Class B Noteholders’ Distribution Amount means, for any distribution date, the sum of the Class B Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Principal Distribution Amount for that distribution date.

  • Junior Certificateholder The Holder of not less than 95% of the Percentage Interests of the Junior Class of Certificates.

  • 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.

  • 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 A-3 Certificateholder The registered holder of a Class A-3 Certificate.

  • Class A Noteholders means, collectively, the Class A-1 Noteholders, the Class A-2 Noteholders, the Class A-3 Noteholders and the Class A-4 Noteholders.

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

  • Class B Liquidity Provider has the meaning set forth in the Intercreditor Agreement.

  • Class A-R Certificateholder The registered holder of the Class A-R Certificate.

  • Class A Certificate Group The Group I Class A Certificates or the Group II Class A Certificates, as applicable.

  • Unitholder means a person holding units in the scheme of the Mutual Fund.

  • Class A Noteholders’ Distribution Amount means, for any distribution date, the sum of the Class A Noteholders’ Interest Distribution Amount and the Class A Noteholders’ Principal Distribution Amount for that distribution date.

  • Class A-1 Certificateholder The registered holder of a Class A-1 Certificate.