Sponsor Members definition

Sponsor Members shall have the meaning set forth in the LLC Agreement

Sponsor Members shall have the meaning given in the Preamble hereto.

Sponsor Members means members or affiliates of the Sponsor who hold Registrable Securities, including members of the Sponsor who receive Registrable Securities upon the dissolution of Sponsor and become Holders hereunder in accordance with Section 7.2.

Examples of Sponsor Members in a sentence

• Each of the Sponsor Members shall be considered a third party beneficiary of the representations, warranties and agreements of the Management Members made in this Agreement, entitled to take any action against any Management Member as if such Sponsor Member were the Company hereunder.

• It is contemplated that the Management Members, the company formed by such Restructuring Event and, in the discretion of the Sponsor Members, the Sponsor Members, would enter a management members agreement or management shareholders agreement, as the case may be, in conjunction with such Restructuring Event, containing provisions substantially similar to the provisions of this Agreement.

• The Tag-Along Managers shall receive the same type and amount of consideration (and rights) per Unit as is paid or delivered to the transferring Sponsor Member(s) in the sale pursuant to Section 2.04(a).

• Upon a transfer by the Sponsor pursuant to subsection (i) to Sponsor Members, the rights that are personal to the Sponsor shall be exercised by the Sponsor Members only with the consent of the Sponsor’s board of managers in accordance with the Sponsor’s operating agreement.

• The Tag-Along Managers shall receive the same type and amount of consideration (and rights) per Class A Unit as is paid or delivered to the transferring Sponsor Member(s) in the sale pursuant to Section 2.04(a).

More Definitions of Sponsor Members

Sponsor Members has the meaning set forth in Section 2.16(a).

Sponsor Members means, collectively, the BlackRock Members and the Highfields Members and “Sponsor Member” means, individually, any BlackRock Member or Highfields Member.

Sponsor Members means the members of the Sponsor listed on the signature pages hereto under the caption “Sponsor Members”.

Sponsor Members means AES and Siemens, provided that such Persons are Members.

Sponsor Members means individuals or organisations funding the Association who/which wish to become a Sponsor Member; Sponsor Members have no voting power in the Annual General Meeting.

Sponsor Members means, together, the Court Square Members and the Weston Presidio Member.

Sponsor Members shall have the meaning set forth in the LLC Agreement Section 4.37. “Sponsor Sell-Down” shall be deemed to have occurred at any time following a Qualified IPO at which the Sponsor Members and their Permitted Transferees cease to beneficially own, directly or indirectly, more than 20% of the voting securities of the Company or its successor entity.