Common Members definition

Common Members means those persons listed on Schedule A hereto as Common Members.

Common Members means the Members that hold Common Shares, and shall only refer to the Common Shares (and not any Preferred Shares) held by such Members.

Common Members means Members holding and to the extent they hold Common Units.

Examples of Common Members in a sentence

• The Board shall direct Company Management to (i) prepare or cause to be prepared and furnished to each of the Common Members the reports and deliveries set forth on Schedule VIII attached hereto, and (ii) at any Common Member’s request, promptly furnish to such Common Member copies of all other material reports relating to the JV Entities and/or the Properties furnished to the Company or any other JV Entity by Company Management.

• The names and addresses of the Common Members are set forth on Schedule I attached hereto.

• Such opinion and the related officers’ certificates, equityholder representations and other similar items shall be in customary form and substance and otherwise reasonably satisfactory to the Common Members, and drafts thereof shall be provided to the Common Members for review and comment reasonably in advance of the issuance of such opinion.

• Except as otherwise expressly provided in this Agreement (or as otherwise agreed in writing by the Common Members in any other Venture Agreement), this Agreement may be amended, modified or supplemented only with the written consent of each Common Member, and any alleged amendment, variation, modification or change herein which is not so documented shall not be effective.

• The sum of all Percentage Interests of all Common Members shall equal one hundred percent (100%).

More Definitions of Common Members

Common Members means all Members holding Common Units.

Common Members means, collectively, the Class A Members and Class B Members.

Common Members means Members holding Common Shares with respect to such ownership of Common Shares.

Common Members means, collectively, (i) the Initial Common Members, (ii) each Person who hereafter is admitted as a member of the Company in such Person’s capacity as a holder of Common Units pursuant to, and in accordance with, the applicable provisions of this Agreement, (iii) each Series A Member whose Series A Preferred Units are automatically converted into Common Units pursuant to Section 4.11 hereof and (iv) each Series B Member whose Series B Preferred Units are automatically converted into Common Units pursuant to Section 4.11 hereof. The term “Common Member” shall mean any of the Common Members. Notwithstanding the foregoing, a Person that is a Common Member shall cease to be a Common Member upon the earlier of (x) the effective date of such Person’s Withdrawal and (y) the first date on which such Person ceases to own any Common Units, in which case the terms Common Members and Common Member shall no longer include such Person. A Person that is both a Common Member, Series A Member and/or a Series B Member and that ceases to be a Member of any such class or series shall continue to be a Member of such other class or series, as applicable.

Common Members means the holders of Common Units as set forth on Exhibit A.

Common Members means Members holding Common Units, their permitted successors and assigns and any other Person who may be admitted to the LLC as a Common Member in accordance with the terms of this Agreement.

Common Members has the meaning assigned to it in the preamble to this Agreement.