Common Membership Interests definition

Common Membership Interests means Membership Interests having the rights and obligations specified with respect to Common Membership Interests in this Agreement.
Common Membership Interests means, collectively, the Class A Membership Interests and the Class B Membership Interests.
Common Membership Interests means membership interests in GMAC LLC having the rights and obligations specified with respect to Common Membership Interests in the Sixth Amended and Restated Limited Liability Company Operating Agreement of GMAC LLC, dated as of May 22, 2009.

Examples of Common Membership Interests in a sentence

  • In a Liquidity Event or Dissolution Event, this Safe is intended to operate like standard non-participating preferred equity and will dilute payment to the holders of Common Membership Interests.

  • If after eighteen (18) months, there has been no Equity Financing, Liquidity Event, or Dissolution Event where Investor has received Membership Interests in the Company or other payment as contemplated above, then this Safe will automatically convert into the number of Common Membership Interests equal to the Purchase Amount divided by the Valuation Discount Price Per Share.


More Definitions of Common Membership Interests

Common Membership Interests means the First Common Membership Interests and the Second Common Membership Interests, as the case may be.
Common Membership Interests means the common equity interests in Venture Delaware.
Common Membership Interests means Membership Interests of the Company other than Preferred Membership Interests.
Common Membership Interests means, collectively, the Class A Units, the Class B Units, and the Class C Units and any securities into which such Class A Units, Class B Units or Class C Units are hereafter converted or exchanged.
Common Membership Interests means the Class A Units of NewCo.
Common Membership Interests means, collectively, the Class A membership interests and the Class B membership interests of HoldCo, respectively.
Common Membership Interests has the meaning ascribed to such term in the Plan Term Sheet.