Series A-1 Member definition

Series A-1 Member means a holder of issued and outstanding Series A-1 Units who is executing this Agreement as a Series A-1 Member or is hereafter admitted to the Company as a Series A-1 Member as provided in this Agreement, but does not include any Person who has ceased to be a Member.
Sample 1Sample 2
Series A-1 Member means a holder of Series A-1 Units who constitutes part of the Blackstone Group or the First Reserve Group as relates to the ownership of such Units and is executing this Agreement as a Series A-1 Member or is hereafter admitted to the Company as a Series A-1 Member as provided in this Agreement, but does not include any Person who has ceased to be a Member.
Sample 1Sample 2
Series A-1 Member means each Member, Additional Member or Substitute Member, in each case, who holds Series A-1 Units (for so long as such Person holds Series A Units). If a Series A-1 Member holds different classes of Units, then such Series A-1 Member shall be treated as a Series A-1 Member only with respect to its Series A-1 Units. “Series A-1 Units” has the meaning set forth in Section 3.03(b). “Series B Members” means each Member, Additional Member or Substitute Member, in each case, who holds Series B Units (for so long as such Person holds Series B Units). If a Series B Member holds different classes of Units, then such Series B Member shall be treated as a Series B Member only with respect to its Series B Units. “Series B Threshold” has the meaning set forth in Section 5.02(b). “Series B Units” has the meaning set forth in Section 3.03(c). “Significant Member” means, as of a particular date, each Class C Common Member holding a Percentage Interest (when aggregated with the Percentage Interest of its Affiliates and Permitted Transferees) equal to or greater than 5.0 % as of such date. For the avoidance of doubt, no Series A-1 Member or Class C-1 Member shall be or be deemed to be a Significant Member hereunder.
Sample 1

Examples of Series A-1 Member in a sentence

  • A Selling Series A-1 Member shall deliver to the Managing Member the written election of exchange (an “Exchange Election”) as contemplated by Section 2.1(b) of the Exchange Agreement.

  • The Schedule of Members sets forth the identity of all of the Series A-1 Members and the number of Series A-1 Units held by each Series A-1 Member.

  • The BIA concluded thatZemeka’s claim to have had no knowledge of the fraudulent scheme “lacks credibility, as [Stephens] would appear to have no motive to defraud the United States on his behalf without his knowledge.” Id.Still dissatisfied with the appellate ruling, Plaintiffs brought this case.

  • For example, states that have online registration systems typically already have some mechanism to a) verify the voter’s identity, residence, and eligibility via an electronic link to the DMV database, and b) transfer an electronic image of the voter’s signature from the DMV, where it may have been scanned from the driver’s license application or captured on an electronic signature pad, to the elections department.

  • No Transfer of any Series A-1 Units by a Series A-1 Member to a Permitted Transferee shall effect a release of the transferring Series A-1 Member’s obligations under this Agreement to the Series B Members, and as a condition to such Transfer, each such Permitted Transferee shall expressly assume in writing all of the obligations of the transferring Series A-1 Member, whether arising prior to, on or after the date of Transfer, to the Series B Members.

  • Upon receipt of an Exchange Election, the Managing Member shall deliver to the Series B Members (i) a copy of the Exchange Election, and (ii) a schedule (the “Reclassification Schedule”) setting forth the Exchange Value and a calculation based on such price of the number of Reclassified Units to be Exchanged by each of the Selling Series A-1 Member and the Series B Members.

  • Upon consummation of any Sale Transfer and payment of all amounts owed (if any) by the transferring Series A-1 Member to the Series B Members in accordance with Section 4.3, Section 4.4 and any related provisions of this Agreement, the Series A-1 Units transferred to the transferee in such Sale Transfer shall immediately be reclassified into an equivalent number of Series A-2 Units.

  • If the conversion of the Series A-1 Preferred Units is in connection with the automatic conversion provisions of Section 3.12(b) above, such conversion shall be deemed to have been made on the conversion date described in the Series A-1 Member consent approving such conversion, and the Persons entitled to receive Common Units issuable upon such conversion shall be treated for all purposes as the holders of such Common Units as of such date.

  • Furthermore, on an annual basis, the Series A-1 Member hereby agrees to make additional Capital Contributions to the LLC in an amount equal to the difference in cost between audited financial statements and reviewed financial statements; provided, however, that in no event shall the aggregate amount of additional Capital Contributions made by the Series A-1 Member’s pursuant to this sentence in any Fiscal Year exceed $25,000 (subject to reasonable cost adjustments from time to time).

  • Each Series A-1 Member holds an Interest in the LLC represented by the Series A-1 Preferred Units set forth opposite the Member’s name on Exhibit A.

Related to Series A-1 Member

  • Preferred Member means a Member holding Preferred Units.

  • Series A Units means Series A currency hedged mutual fund units and/or Series A non-currency hedged mutual fund units of a fund, as applicable.

  • Class A Member means a Member holding one or more Class A Ordinary Shares.

  • Class C Member means a Member holding the Class C Ordinary Share.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Series B Holder means a Record Holder of the Series B Preferred Units.

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • Class A Members means those Members who have purchased Class A Interests.

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 per share.

  • Class B Members means all such Persons.

  • Series A Notes is defined in Section 1.

  • Preferred Holder means each of the Preferred Shareholders and its permitted assignees to whom its rights under this Section 4 have been duly assigned in accordance with this Agreement; “Restricted Shares” means any of the Company’s securities now owned or subsequently acquired by an Ordinary Holder;

  • Class B Holder means the Person in whose name a Class B Certificate is registered in the Certificate Register, except that, solely for the purpose of giving any consent, request or waiver pursuant to this Agreement, the interest evidenced by any Class B Certificate registered in the name of the Transferor, Servicer, or any Person actually known to an Authorized Officer of Trustee to be an Affiliate of the Transferor or Servicer, shall not be taken into account in determining whether the requisite percentage necessary to effect any such consent, request or waiver shall have been obtained.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Series A Holder means a Record Holder of the Series A Preferred Units.

  • Series A Shares means Series A currency hedged mutual fund shares and/or Series A non-currency hedged mutual fund shares of a fund, as applicable.

  • Series A Preferred means the Series A Convertible Preferred Stock of the Company, par value $0.01 per share.

  • Series B Preferred Units shall have the meaning provided in Section 1.

  • Series A Warrants means, collectively, the Series A Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series A Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series A Warrants shall be exercisable beginning immediately and have a term of exercise equal to six (6) months, in the form of Exhibit B-1 attached hereto.

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • Series B Preferred means the Company's Series B Preferred Stock, par value $0.01 per share.

  • Series D Preferred means the Series D Convertible Preferred Stock of the Company, par value $.01 per share.

  • Preferred Holders means the record owners of outstanding Preferred Securities.

  • Series B Director means any director of the Company that the holders of record of the Series B Preferred Stock are entitled to elect, exclusively and as a separate class, pursuant to the Certificate of Incorporation.