Series B Members definition

Series B Members means the Members holding Series B Preferred Shares and their respective successors and assigns in respect of such Shares.
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Series B Members means the parties hereto, other than HII and the Company and each other Person who from time to time executes a Joinder Agreement in the form attached hereto as Exhibit A.
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Series B Members means, collectively, (i) the Initial Series B 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 B Preferred Units pursuant to, and in accordance with, the applicable provisions of this Agreement. The term “Series B Member” shall mean any of the Series B Members. Notwithstanding the foregoing, a Person that is a Series B Member shall cease to be a Series B 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 B Preferred Units, in which case the terms Series B Members and Series B Member shall no longer include such Person. Without limiting the generality of the immediately preceding sentence, Series B Members shall cease to be Series B Members and shall become Common Members upon the automatic conversion of all outstanding Series B 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 B 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 B Members, or any of them (including, without limitation, the Majority Series B Members), shall be deemed not to be in effect and shall be disregarded for so long as there are no Series B Members and such provisions remain a part of this Agreement.
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Examples of Series B Members in a sentence

  • With respect to all matters for which the Series A Members, Series B Members or Class C Common Holders have voting, consent or approval rights, either as provided by the Act or as expressly set forth in this Agreement, all Series A Members, Series B Members or Class C Common Holders, as applicable, shall be entitled to one vote for each Series A Unit, Series B Unit or Class C Common Unit, as applicable, held by such Series A Members, Series B Members or Class C Common Holders.


More Definitions of Series B Members

Series B Members is defined in the preamble.
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Series B Members means the parties hereto, other than WIND, and each other Person who from time to time executes a Joinder Agreement in the form attached hereto as Exhibit A.
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Series B Members means those Persons listed on Schedule A (as in effect on the date hereof) as holders of a Series B Interest, and shall also include any New Member admitted to the Company as a Series B Member after the date hereof in accordance with this Agreement. The initial Series B Members are JGI and Jefco.
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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.
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Series B Members means those Members holding Series B Units.
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Series B Members means at any time holders of a Series B Membership Interest.
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Related to Series B Members

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

  • Preferred Member means a Member holding Preferred Units.

  • Founding Members means those public school districts, cities, counties, and other governmental units that are signatories to the Joint Powers Agreement and have a voting member serving on the JPA's Board of Directors.

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

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

  • New Members As Defined By the Public Employees’ Pension Reform Act of 2013 (PEPRA)

  • Initial Members means those Persons whose names are set forth in the first sentence of this Agreement. A reference to an “Initial Member” means any of the Initial Members.

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

  • Voting Members has the meaning set forth in Section 4.07(b).

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

  • Series C Preferred means all shares of the Series C Preferred Stock, $0.001 par value per share, of the Company.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.