Series A Members definition

Series A Members means the Members holding Series A Preferred Shares and their respective successors and assigns in respect of such Shares.

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Series A Members means, collectively, (i) the Initial Series A Members and (ii) each Person who hereafter is admitted as a member of the Company in such Person’s capacity as a holder of Series A Preferred Units pursuant to, and in accordance with, the applicable provisions of this Agreement. The term “Series A Member” shall mean any of the Series A Members. Notwithstanding the foregoing, a Person that is a Series A Member shall cease to be a Series A Member upon the earlier of (x) the effective date of such Person’s Withdrawal and (y) the first date on which such Person ceases to own any Series A Preferred Units, in which case the terms Series A Members and Series A Member shall no longer include such Person. Without limiting the generality of the immediately preceding sentence, Series A Members shall cease to be Series A Members and shall become Common Members upon the automatic conversion of all outstanding Series A Preferred Units into Common Units pursuant to, and in accordance with, Section 4.11 hereof. A Person who is a Member of multiple series or classes of Units who ceases to be a Member of one or more series or classes of Units, shall continue to remain a Member of each series or class of Units for which each such Member continues to hold Units. In the event that, at any time during the term of this Agreement, there are no Series A Members, then, notwithstanding anything express or implied in this Agreement to the contrary, any provision of this Agreement that requires, permits or provides for the approval, consent or vote of the Series A Members, or any of them (including, without limitation, the Majority Series A Members), shall be deemed not to be in effect and shall be disregarded for so long as there are no Series A Members and such provisions remain a part of this Agreement.

Series A Members means those Persons listed in Schedule A (as in effect on the date hereof) as holder of a Series A Interest, and shall also include any New Member admitted to the Company as a Series A Member after the date hereof in accordance with this Agreement. The initial Series A Member is Jefco. In the event there is more than one Series A Member, the percentage of the Series A Interests owned by each Series A Member shall be recorded by the Company in its books and records.

Examples of Series A Members in a sentence

• Notice of, and an agenda for, all Series A Management Committee meetings shall be provided by the Representatives to all Series A Members at least five Days prior to the date of each meeting, together with proposed minutes of the previous Series A Management Committee meeting (if such minutes have not been previously ratified).

• Written notice of any meeting of all Members, any meeting of all Preferred Members, any meeting of Series A Members, any meeting of Series B Members and any meeting of Common Members shall be given to each Member entitled to vote at such meeting by the CEO, the Secretary, the Treasurer or by any of the Managers at least ten (10) days and not more than sixty (60) days prior to the date of such meeting.

• Prompt notice of the taking of action without a meeting by less than unanimous written consent shall be given to those Series A Members who have not consented in writing and would have been entitled to vote on the matter if such matter had been submitted to a vote at a meeting of the Series A Members.

• Any notice of a meeting of all Members, of all Preferred Members, of a meeting of Series A Members, of a meeting of Series B Members and/or of a meeting of Common Members shall specify the purposes of such meeting.

• A determination of Members of record entitled to notice of or to vote at any meeting of all Members, at any meeting of Preferred Members, at any meeting of Series A Members, at any meeting of Series B Members and/or at any meeting of Common Members shall apply to any adjournment of such meeting; provided, however, that the Board of Managers may fix a new record date for the adjourned meeting.

More Definitions of Series A Members

Series A Members means the Members holding Series A Preferred Shares (and any Common Shares issued upon conversion of Series A Preferred Shares) and their respective successors and assigns in respect of such Shares. All Series A Members shall retain their status as such regardless of the conversion of all or any portion of their Series A Preferred Shares into Common Shares.

Series A Members shall have the meaning set forth in the preamble to this Agreement.

Series A Members means the Members holding Series A Preferred Units, to the extent thereof.

Series A Members means at any time holders of a Series A Membership Interest.

Series A Members means the Members holding Series A Preferred Units and their permitted successors and assigns.

Series A Members means Members to the extent they hold Series A Units. “Series B Members” means Members to the extent they hold Series B Units. “Series C Members” means Members to the extent they hold Series C Units.

Series A Members means the Members holding Series A Preferred Units, their permitted successors and assigns and any other Person who may be admitted to the LLC as a Series A Member in accordance with the terms of this Agreement. GDSVF&H\