Examples of Classes of Membership in a sentence
Subject to any future issuances of membership interests (See “Securities Being Offered — Issuance of Membership Interests, Creation of New Classes of Membership Interests and Additional Members”), investors in this offering will hold all of the membership interests in the Company, and the Managing Member shall retain a carried interest which entitles it to receive 30% of the distributions, profits and losses of the company, subject to the distributions provisions outlined below.
Member Class Directors will be elected by Members of their respective Classes of Membership.
Main Category Members, Playing Members and Temporary Members will be a Member in one of the Classes of Membership described in Rules 6.2 to 6.4 based on the Age Classification of that Member.
Classes of Membership: The Society shall consist of Members and Fellows.
Classes of Membership The Board recommends editorial changes to clarify and update the defined classes of D.C. Bar membership and proposes the addition of a “retired” class to reflect a category of membership that has been established by the Bar.
An individual, domestic or foreign profit or nonprofit corporation, a general or limited partnership, an association or other entity may be a member of the Commercial Association.1.2 Classes of Membership.
Section40-01-02-01 Classes of Membership Established40-01-02-02 Qualifications for Membership in the Various Classes Defined 40-01-02-03 Benefits of Various Classes of Membership Outlined40-01-02-04 Transfer of Membership40-01-02-01.
Changes in Classes of Membership can only occur annually by Membership vote and Board of Directors approval.
On December 31, 2017, all Classes of Membership Interests were issued and outstanding.Effective January 1, 2016 Holdings amended the operating agreement of Highwater Marine, LLC such that certain management members were granted Class M units representing a 10 percent interest in Highwater Marine, LLC which were immediately vested.
The case was tried to Judge Beth Andrus of the King County Superior Court, who ruled in favor of Everett Hangar on all counts.CP 55-81.