Class I Unitholders definition

Class I Unitholders means the holders of the Class I Units.
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Class I Unitholders means the Persons who are, from time to time, holders of any Class I Units. “Class I Unitholder” means any such Person individually.
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Class I Unitholders means all holders of Class I Units.
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Examples of Class I Unitholders in a sentence

  • Xxxxxxxx; provided, however, that the Class I Unitholders may sell, transfer, assign, pledge, hypothecate, gift or otherwise transfer or dispose of its Class I Units to any direct or indirect subsidiary of Parent without the prior written consent of Xx. Xxxxxxxx, provided, that such transferee agrees in writing to be bound by the terms hereof.

  • Subject to Sections 4.1(a), 4.1(c) and 4.1(d) (as applicable), the Board may (but shall not be obligated to) cause the Company to make Distributions at any time or from time to time provided, however, that subject to Sections 4.1(a), 4.1(c) and 4.1(d), upon any Exit Event the Board shall cause the Company to make the Distributions to the Class I Unitholders set forth in Section 4.1(b)(i) and (ii).

  • When the Managing Member determines that the Company shall make a distribution, such distribution shall be made to the Class I Unitholders pro rata in proportion to their Class I Units.

  • The purchase of the Class I Units pursuant to this Section 4.8(c) shall be effective on the date that the Call Price is delivered in immediately available funds to the iMortgage Representative (who shall distribute such funds on a proportionate basis to the Class I Unitholders).

  • Each Class I Unitholder hereby agrees that in any instance that this Agreement provides that an action is to be taken and or a determination is to be made by the iMortgage Representative, such action or determination shall be final and binding on all of the Class I Unitholders and the Company shall be entitled to exclusively deal with, and to rely on the authority of, the iMortgage Representative in any such instance.

  • The authority conferred under this Section 5.8 is an agency coupled with an interest and, to the extent permitted by applicable law, all authority conferred hereby is irrevocable and not subject to termination by any of the Class I Unitholders or by operation of law.

  • Further, this Agreement may not be amended, modified, or waived without the Majority of the iMortgage Class I Unitholders if any such amendment, modification or waiver would adversely affect in any material respect the rights or obligations of any holder of Class I Units under this Agreement in any manner that is materially and adversely disproportionate in its effect on the LD Group with respect to its interest in the iMortgage Division.

  • Except as otherwise expressly set forth herein, the rights and privileges of the Class I Units, including their respective economic rights in the iMortgage Division and the other protections provided the Class I Unitholders may not be amended, modified, or waived without the Majority of the iMortgage Class I Unitholders.

  • In all instances, a determination of the Majority of the iMortgage Class I Unitholders (which will take into account any Class I Units held by the iMortgage Representative) shall be binding on the iMortgage Representative.

  • Transaction value many times includes any cash that is retained by the seller including any accounts receivable or other assets that are not subject to sale.

Related to Class I Unitholders

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

  • Unitholders means the holders of Units.

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

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

  • 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 Units means the Class B Units of the Company.

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

  • Class I Shares means Class I Shares in the Company as set forth in the relevant

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

  • 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 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.

  • Unit Holders means all Unit Holders.

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

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

  • 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 C Percentage Interest As of any date of determination, with respect to the Class C Certificates, a percentage interest equal to a fraction, the numerator of which is the Class Principal Balance of the Class C Certificates on such date, and the denominator of which is the Class Principal Balance of the Class C Regular Interest on such date.

  • Class C Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class C Certificates, evidencing a Regular Interest in REMIC 3 for purposes of the REMIC Provisions.

  • Class A Common Units means a Common Unit which is designated as a “Class A Common Unit” and which has the rights, preferences and other privileges designated in Annex A hereto and elsewhere in this Agreement in respect of holders of Common Units.

  • Percentage Interests shall have the meaning specified in the Trust Agreement.

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

  • Class B Interest Each of the Class B-1 and Class B-2 Interests.

  • Senior Interest Holders means, collectively, the Lenders, the Administrative Agent, the Borrower Indemnified Parties, the Servicer Indemnified Parties and the Affected Persons.

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

  • LTIP Unitholder means a Partner that holds LTIP Units.

  • Class A Percentage Interest means, with respect to a Class A Member as of a given date, that percentage obtained by dividing the total number of Class A Units owned by such Member by the total number of Class A Units issued and outstanding.