Examples of Class B Interests in a sentence
The Class B Interests and Class A Interest shall each have only those rights and obligations attributable to such Membership Interests as expressly set forth in this Agreement.
In the event of distribution, no Preferred Return shall apply to Non-Core Revenue and distributions shall be 70% to Class A Members in proportion to their respective Class A Interests and 30% to Class B Members in proportion to their respective Class B Interests.
On receipt of Capital Contributions pursuant to each Capital Call, the General Partner shall cause the Partnership to issue to each Limited Partner making such Capital Contribution that number of Class A Interests, Class B Interests and Class C Interests as determined pursuant to Section 3.1 by dividing such Limited Partner’s Capital Contribution by the Partnership Interest Price as of the date of receipt of such Capital Contribution.
Name Class A Interests A-1 Warrants to Purchase Class A Interests A-2 Warrants to Purchase Class A Interests Class B Interests Warrants to Purchase Class B Interests Class C Interests ABC Investments, Inc.1 (TSG) The XYZ Group2 (VIP) Value Investing Partners, LLC2 Mozart Capital Partners II Limited Partnership3 Industrial Cleaning Specialists, Inc.
Notwithstanding anything herein to the contrary, none of the Class A Interests, the Class B Interests nor the Class C Interests shall be deemed to be Preferred Interests for purposes of this Agreement, and any such Partnership Interests may be issued in accordance with the terms of this Agreement without approval of the Advisory Committee or the Consent of any Fund Investors.