Class A Members definition

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

Class A Members means the Members holding Class A Units.

Class A Members means holders of Class A Capital Units who have executed and agreed to be bound by this Operating Agreement.

Examples of Class A Members in a sentence

• Once the Class A Members have received an amount equal to their initial capital contributions as a return of capital , then the depreciation shall be split in accordance with Class A-1, Class A-2, Class A-3 and Class B ownership percentages.

• The Class A Members shall contribute cash in the amount of One Thousand Dollars ($1,000.00) for each Unit purchased.

• Allocations of depreciation shall be split one hundred percent (100.0%) to the Class A Members and zero percent (0.0%) to the Class B Members until the Class A Members’ have received an amount equal to their initial capital contributions as a return of capital, subject to the limitations set forth in Section 4.1.1 regarding Class A-4 Units.

• The initial hold period of the Class A Members investment shall be five (5) years from the date of the first sale hereunder which hold period may be revised by the Manager without Notice to the Class A Members subject to other requirements expressed elsewhere herein.

More Definitions of Class A Members

Class A Members means all such Persons.

Class A Members mean all Persons who hold Class A Units, meet the requirements of Section 4.2(a), are admitted as Class A Members and have not ceased to be Class A Members.

Class A Members means those Members who have purchased Class A Units.

Class A Members means the Members that hold a Class A Membership Interest.

Class A Members has the meaning set forth in Section 2.2.

Class A Members means the holders of Class A Units that have been admitted as Members of the Company.

Class A Members means each Person holding a Class A Interest. As of the Effective Date, the Class A Member means the Class A Equity Investor.