Vote Limited Record Holder definition

Vote Limited Record Holder means any Economic Member who submits a request in writing to the Managing Member to be designated as such, either separately or jointly with other Economic Members.
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Vote Limited Record Holder means any Record Holder who owns more than ten percent (10%) of the outstanding Interests of a Series and submits a Vote Limit Certificate to the Managing Member, either separately or jointly with other Economic Members. A Vote Limited Record Holder shall not be entitled to vote any Interests in a Series in excess of the Vote Limit applicable to such Vote Limited Record Holder’s position in such Series.
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Examples of Vote Limited Record Holder in a sentence

  • The Vote Limited Record Holder acknowledges and agrees that his, her or its affiliates shall be deemed a Vote Limited Record Holder and shall be subject to the Vote Limit.

  • The Vote Limited Record Holder hereby certifies, acknowledges, and agrees that irrespective of the actual number of Interests in the Series beneficially owned by the Vote Limited Record Holder, the Vote Limited Record Holder together with his, her or its affiliates shall not be entitled to vote more than [●]% of the total Interests in the Series (the “Vote Limit”) on any matter put to a vote of the Record Holders of the Series.

  • This Certificate shall have no force or effect with respect to any successor, assignee or transferee of the Vote Limited Record Holder’s Series Interests other than any successor, assignee or transferee that, at the time of such transaction, is an affiliate of the Vote Limited Record Holder.

  • The Vote Limited Record Holder further acknowledges and understands that the designation as a Vote Limited Record Holder is irrevocable and that while the Vote Limit set forth herein can be further reduced by written notice to the Company, it cannot be increased by the Vote Limited Record Holder.

  • The Vote Limited Record Holder further agrees to notify the Company or the Company’s transfer agent and provide it with any additional information it may reasonably request if any affiliate of the Vote Limited Record Holder owns any of the Company’s Series Interests as of the date of this Certificate or acquires any Series Interests after the date of this Certificate.

Related to Vote Limited Record Holder

  • Record Holder or “Holder” as applied to a Receipt shall mean the person in whose name such Receipt is registered on the books of the Depositary maintained for such purpose.

  • Vote Limit Certificate means a certificate in substantially the form attached hereto as Exhibit B which is delivered to the Company in accordance with Article 8.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • Limited Partner Interest means a Partnership Interest of a Limited Partner in the Partnership representing a fractional part of the Partnership Interests of all Limited Partners and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement. A Limited Partner Interest may be expressed as a number of Partnership Common Units, Partnership Preferred Units or other Partnership Units.

  • Investor Limited Partner means any Limited Partner so designated at the time of its admission as a partner of the Partnership.

  • Shareholder of Record means the record owner of shares issued by an Investment Company or, in the case of joint ownership of such shares, all record owners, as designated (1) in the initial account application, or (2) in writing accompanied by a signature guarantee, or (3) pursuant to procedures as set forth in the Application.

  • Special Limited Partner means WNC Housing, L.P., a California limited partnership, and such other Persons as are admitted to the Partnership as additional or substitute Special Limited Partners pursuant to this Agreement.

  • Shareholder means a person who owns shares in the company and is actively involved in the management of the enterprise or business and exercises control over the enterprise.

  • Vote Limit means the percentage interest specified in a Vote Limit Certificate by a Vote Limited Member pursuant to which such Member (together with such Vote Limited Member’s affiliates) will be irrevocably limited to such Vote Limit in any vote taken under Sections 2.1, 2.8, 2.9 and 8.2.