Interest Designation definition

Interest Designation has the meaning ascribed in Section 3.3(f).

Interest Designation has the meaning ascribed in Section 3.3(f). Investment Advisers Act means the Investment Advisers Act of 1940.

Interest Designation. No Member holding Series BDBR Interests shall be entitled to any preemptive, preferential or similar rights connection with the issuance of Series BDBR Interests.

Examples of Interest Designation in a sentence

• Subject to Section 7.3 and ARTICLE XI and any Interest Designation, any amounts available for distribution following the liquidation of a Series, net of any fees, costs and liabilities (as determined by the Managing Member in its sole discretion), shall be applied and distributed 100% to the Members (pro rata to their Interests and which, for the avoidance of doubt, may include the Managing Member and its Affiliates).

• No Interests shall entitle any Member to any preemptive, preferential or similar rights unless such preemptive, preferential or similar rights are set forth in the applicable Series Designation on or prior to the date of the Initial Offering of any interests of such Series (the designation of such preemptive, preferential or similar rights with respect to a Series in the Series Designation, the Interest Designation).

• Subject to the terms of any Interest Designation (including, without limitation, the preferential rights, if any, of holders of any other class of Interests of the Company) and of Article XI, distributions shall be paid to the Record Holders of Interests on an equal per-Interest basis as of the Record Date selected by the Managing Member.

• No Shares shall entitle any Member to any preemptive, preferential or similar rights unless such preemptive, preferential or similar rights are set forth in the applicable Series Designation on or prior to the date of the Series Offering of any interests of such Series (the designation of such preemptive, preferential or similar rights with respect to a Series in the Series Designation, the Interest Designation).

• No Interests shall entitle any Member to any preemptive, preferential or similar rights unless such preemptive, preferential or similar rights are set forth in the applicable Series Designation on or prior to the date of the Initial Offering of any Interests of such Series (the designation of such preemptive, preferential or similar rights with respect to a Series in the Series Designation, the Interest Designation).

More Definitions of Interest Designation

Interest Designation has the meaning assigned to such term in Section 5.3(b).

Interest Designation. No Member holding Series #SWEET Interests shall be entitled to any preemptive, preferential or similar rights connection with the issuance of Series #SWEET Interests. Voting: Subject to Section 3.5, the Series #SWEET Interests shall entitle the Record Holders thereof to one vote per Interest on any and all matters submitted to the consent or approval of Members generally. No separate vote or consent of the Record Holders of Series #SWEET Interests shall be required for the approval of any matter, except as required by the Delaware Act or except as provided elsewhere in the Agreement. The affirmative vote of the holders of not less than a majority of the Series #SWEET Interests then outstanding shall be required for: (a) any amendment to the Agreement (including this Series Designation) that would adversely change the rights of the Series #SWEET Interests; (b) mergers, consolidations or conversions of Series Fintor or the Company; and (c) all such other matters as the Manager, in its sole discretion, determines shall require the approval of the holders of the Outstanding Series Fintor Interests voting as a separate class. Notwithstanding the foregoing, the separate approval of the holders of Series #SWEET Interests shall not be required for any of the other matters specified under Section 12.1.

Interest Designation is defined in ‎Section 2.04(a).

Interest Designation. No Member holding Series [Property Address] Interests shall be entitled to any preemptive, preferential or similar rights connection with the issuance of Series [Property Address] Interests.

Interest Designation. No Member holding Series #GRAVY Interests shall be entitled to any preemptive, preferential or similar rights connection with the issuance of Series #GRAVY Interests.

Interest Designation. No Member holding Series #IYKYK Interests shall be entitled to any preemptive, preferential or similar rights connection with the issuance of Series #IYKYK Interests.

Interest Designation. No Member holding Series #BEGIN Interests shall be entitled to any preemptive, preferential or similar rights connection with the issuance of Series #BEGIN Interests.