Class C Common Member definition

Class C Common Member means any Member holding and to the extent it holds Class C Common Units.
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Class C Common Member means each owner of record of Class C Common Units as of immediately prior to the Effective Time, but solely in such owner's capacity as an owner of Class C Common Units.
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Examples of Class C Common Member in a sentence

  • The Company and Class C Common Member shall attempt to remedy any Ownership Rule violation or potential violation as soon as practicable.

  • In the event the Company becomes aware of a violation of the Ownership Rules (in the case of clause (A) above) or potential violation (in the case of clause (B) above) the Company shall provide such Class C Common Member with prompt written notice.

  • Except as specifically provided herein or otherwise required by applicable law, each Class C Common Member shall be entitled to one vote per Class C Common Unit held by such Class C Common Member.

  • The Company’s sole remedy for a breach of this Section 4.7.1, except in the event of an intentional breach by a Class C Common Member, is the exercise of its rights set forth in Section 4.7.2 below.

  • The Company's sole remedy for a breach of this Section 4.7.1, except in the event of an intentional breach by a Class C Common Member, is the exercise of its rights set forth in Section 4.7.2 below.

  • In the event any Class A Common Member, Class B Common Member or Class C Common Member has to make a filing under the HSR Act in connection with the Merger, the filing or similar type fee for such filing shall be paid by the LLC or one of its subsidiaries.

  • No items of Deprecation under this Section 6.3.7(e) shall be allocated to any Class C Common Member with a Tentative Tax Loss.