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 7.03, Article XI and any Interest Designation, and prior to the liquidation, dissolution and/or termination of the Company and/or the applicable Series pursuant to Article XI, the Managing Member may, in its sole and absolute discretion, distribute any Free Cash Flows of each Series to the Members thereof on a pro rata basis in proportion to their Interests in such Series (which, for the avoidance of doubt, may include the Managing Member or its Affiliates).
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 #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 #LEARN Interests shall be entitled to any preemptive, preferential or similar rights connection with the issuance of Series #LEARN Interests.
Interest Designation. No Member holding Series KSV Interests shall be entitled to any preemptive, preferential or similar rights connection with the issuance of Series KSV Interests. Voting: Subject to Section 3.5, the Series KSV 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 KSV 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 KSV Interests then outstanding shall be required for:
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.