Initial Class B Member definition

Initial Class B Member means KPMG LLP, a Delaware limited liability partnership.

Initial Class B Member means NRG Renew DG Holdings LLC, a Delaware limited liability company.

Initial Class B Member means is defined in the introductory paragraph.

Examples of Initial Class B Member in a sentence

• The Initial Class A Member is hereby admitted as a Class A Member of the Company and the Initial Class B Member is hereby admitted as a Class B Member.

• Prior to the Execution Date, the Initial Class B Member owned 100% of the membership interests in the Company.

• The lead Member for the Initial Member Group comprised of the Initial Class B Member and the Initial Class C Member will be the Initial Class B Member.

• At the request of the Company, the Initial Class B Member and the Initial Class C Member will license certain of their respective trademarks to the Company on terms substantially similar to the terms included in the Trademark License Agreement, with such changes thereto as are required to comply with restrictions on use applicable to all licensees of the relevant trademarks.

• NRG DGPV HOLDCO 3 LLC, a Delaware limited liability company (the “Company”), was formed by the Initial Class B Member pursuant to the Act on April 26, 2017, by virtue of its Certificate of Formation (the “Delaware Certificate”) filed with the Secretary of State of the State of Delaware.

• ATLAS PIPELINE PARTNERS, L.P., as Initial Class B Member and Withdrawing Class B Member By: Atlas Pipeline Partners GP, LLC Its General Partner By: Name: Xxxxxxx X.

• Upon a Change in Control of the Initial Class B Member, the Company shall have an irrevocable, exclusive right to repurchase (the “Change in Control Repurchase Right”) all of the outstanding Class B Interests from the Initial Class B Member in exchange for (i) $10,000 and (ii) distributing 90% of the Remaining Shares (the “Change in Control Repurchase Price”) to the Initial Class B Member.

• Upon an Event of Default Threshold Condition, the Company shall have an irrevocable, exclusive right to repurchase (the “Event of Default Repurchase Right”) all of the outstanding Class B Interests from the Initial Class B Member in exchange for (i) $10,000 and (ii) distributing 90% of the Remaining Shares (the “Event of Default Repurchase Price”) to the Initial Class B Member.

• The Initial Class B Member agrees to perform all actions reasonably requested by the new Managing Member to effectuate such transfer of management.

• If at any time the Initial Class A Member makes a determination to sell any the Initial Class A Member's Units, it shall submit to the Initial Class B Member a written offer (an "Offer") with respect to such Transfer specifying the price and the other material terms and conditions, including deferred payment mechanics (if applicable) pursuant to which the Initial Class A Member proposes to sell the Initial Class A Member's Units.

More Definitions of Initial Class B Member

Initial Class B Member means Firepond, Inc., a Delaware corporation.

Initial Class B Member or “Withdrawing Class B Member” means Atlas Pipeline Partners, L.P.

Initial Class B Member refers to MIH Internet SEA Private Limited.

Initial Class B Member means LEAF Ventures, LLC.

Initial Class B Member means NRG Residential Solar Solutions LLC, a Delaware limited liability company.

Initial Class B Member means the Class B Member listed as the initial Class B Member of the Company on Exhibit B.