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.
Examples of Common Members in a sentence
Notwithstanding the provisions of this Section 2.01, any matter that is to be voted on, consented to, or approved by the Class A Common Members may be taken without a meeting, without prior notice and without a vote if consented to, in writing or by email, by a Member or Members holding not less than a majority of the Class A Common Units held by all Members.
A quorum of any meeting of the Class A Common Members shall require the presence of the Members holding a majority of the Class A Common Units held by all Members.
More Definitions of Common Members
Common Members means all Members holding Common Units.
Common Members means the Class A Common Members and the Class B Common Members.
Common Members means the holders of Common Units as set forth on Exhibit A.
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. The Managing Member together with all such other Persons who are admitted as members of the Company in accordance with the terms of this Agreement and classified as “common members.” Company: Concord Debt Holdings LLC Company Interest. The ownership interest of any Member in the Company, including, without limitation, all rights to receive distributions and allocations of Profit and Loss.
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.