Common Members definition

Common Members means those persons listed on Schedule A hereto as Common Members.

Common Members means the Members that hold Common Shares, and shall only refer to the Common Shares (and not any Preferred Shares) held by such Members.

Common Members means Members holding and to the extent they hold Common Units.

Examples of Common Members in a sentence

• To the extent practicable, Allocation shall take into account the amount of Options activity conducted by each Common Member in order to most evenly divide the Common Members with the largest amount of activity among the Participants of which they are members.

• To the extent practicable, Allocation of Common Members to Participants will be rotated among the applicable Participants such that a Common Member shall not be allocated to a Participant to which that Common Member was allocated within the previous two years.

• Each of the Persons appointed to the Board of Managers is referred to herein as a “Manager.” The Managers shall be designated solely by a Majority in Interest of the Common Members.

• To the extent practicable, Common Members that conduct an Options business shall be allocated among the Participants of which they are members in such manner as to equalize as nearly as possible the allocation among such Participants, provided that no Common Members shall be allocated to FINRA.

• In the event a DOSR believes it will not be able to complete its Regulatory Responsibility for its allocated Common Members, it will so advise the Group in writing promptly.

More Definitions of Common Members

Common Members means all Members holding Common Units.

Common Members means the Class A Common Members and the Class B Common Members.

Common Members means Members holding Common Shares with respect to such ownership of Common Shares.

Common Members means, collectively, (i) the Initial Common Members, (ii) each Person who hereafter is admitted as a member of the Company in such Person’s capacity as a holder of Common Units pursuant to, and in accordance with, the applicable provisions of this Agreement, (iii) each Series A Member whose Series A Preferred Units are automatically converted into Common Units pursuant to Section 4.11 hereof and (iv) each Series B Member whose Series B Preferred Units are automatically converted into Common Units pursuant to Section 4.11 hereof. The term “Common Member” shall mean any of the Common Members. Notwithstanding the foregoing, a Person that is a Common Member shall cease to be a Common 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 Common Units, in which case the terms Common Members and Common Member shall no longer include such Person. A Person that is both a Common Member, Series A Member and/or a Series B Member and that ceases to be a Member of any such class or series shall continue to be a Member of such other class or series, as applicable.

Common Members means the holders of Common Units as set forth on Exhibit A.

Common Members means the Member or Members of the Company that hold Common Units of the Company.

Common Members means Members holding Common Units, their permitted successors and assigns and any other Person who may be admitted to the LLC as a Common Member in accordance with the terms of this Agreement.