Class B Unit Holder definition

Class B Unit Holder means each Person who owns a Class B Unit. Class B Unit Holders are not Members.
Sample 1
Class B Unit Holder means a Person listed on Schedule A that holds a Class B Unit in the Company, and who has signed this Agreement, either personally, by power of attorney or by some other instrument or document of the Company that by its terms is deemed to be an execution of this Agreement.
Sample 1Sample 2
Class B Unit Holder means any holder of at least one Class B Preferred Unit.
Sample 1Sample 2

Examples of Class B Unit Holder in a sentence

  • If total distribution do not satisfy this Preferred Return then the amount of unpaid Preferred Return shall be paid to each Class B Unit Holder upon the sale of the Company before any distributions are made of sale proceeds to any other Members of the Company.

  • On Class B Voting Matters, each Class B Unit Holder shall be entitled to that number of votes that is equivalent to such Class B Unit Holder's voting percentage set forth beside such Member's name on Schedule A, and all Class B Voting Matters shall be decided, except as otherwise provided herein, by a majority of the voting power of the Class B Unit Holders.

  • Notwithstanding anything to the contrary herein, without the prior written approval of Parent, in no event shall Cannae, THL or any Class B Unit Holder Transfer any Units of the Company to any Competitive Business (as defined below) or any direct or indirect Affiliate thereof.

  • The Company will use its reasonable best efforts to deliver to each Class B Unit Holder within ninety (90) days following the end of each fiscal year, all information necessary for the preparation of the Member's income tax returns.

  • The tribunal set the proceeding schedule and tentatively fixed the matter for hearing from 15 to 20 January 2018.

  • A half Class B Unit Holder shall pay the purchase price for a half Class B Unit under the same terms with an initial deposit of $15,000 with the balance of $10,000 to be paid within fifteen (15) days of being notified by the Company that the Company has achieved positive cash flow of $100,000.

  • Each Class B Unit Holder, and his, her or its duly authorized representative, shall, to the extent required by applicable law, have access to the books and records of the Company at the place where such records are required to be kept during normal working hours of the Company, and shall have the right to inspect and copy them.

  • Review & approval of Class B Unit holder buyout Plan Michael moved to approve the Finance Committee be authorized to complete the Class B Unit Holder buyout plan without any additional approval from the Board.

  • If the Class B Unit Holder fails to pay the balance of his commitment, the Company will have ninety (90) days to redeem and cancel the defaulting Class B Unit Holder by returning the investor’s initial payment.

  • The Company shall have no obligation to pay any cash flow or Preferred Return to such defaulting Class B Unit Holder.

Related to Class B Unit Holder

  • Unit Holder means the owner of one or more Units.

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

  • Common Unitholder means a Member who is the registered holder of Common Units.

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

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

  • LTIP Unitholder means a Partner that holds LTIP Units.

  • Unit Holders means all Unit Holders.

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

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

  • 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 Holder means the Person in whose name a Class B Certificate is registered in the Certificate Register, except that, solely for the purpose of giving any consent, request or waiver pursuant to this Agreement, the interest evidenced by any Class B Certificate registered in the name of the Transferor, Servicer, or any Person actually known to an Authorized Officer of Trustee to be an Affiliate of the Transferor or Servicer, shall not be taken into account in determining whether the requisite percentage necessary to effect any such consent, request or waiver shall have been obtained.

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

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

  • Interest Holder means any Person who holds an Interest, whether as a Member or as an unadmitted assignee of a Member.

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

  • Class B Members means any Persons to whom Class B Membership Units are issued, and any assignee or transferee of such Persons permitted under the terms of this Agreement, and any other Person admitted to the Company in the future as a Class B Member pursuant to the terms hereof. The names of the Class B Members, and the Percentage Interests allocated to each such Class B Member, shall be reflected in the books and records of the Company.

  • Preferred Member means a Member holding Preferred Units.

  • 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.

  • Holder or Unit Holder means the investor for the time being entered in the Register as owner of a Unit including investors jointly so registered pursuant to the provisions of the Trust Deed.

  • Investor Limited Partner means any Limited Partner so designated at the time of its admission as a partner of the Partnership.

  • 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.

  • Partnership Unit Designation shall have the meaning set forth in Section 4.2.A hereof.

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • Common Member means a Member holding Common Units.

  • 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”.