Class C Member definition

Class C Member means a Member holding the Class C Ordinary Share.
Class C Member means a holder of a Class C Membership Interest.
Class C Member means each Person admitted to the Company as a Member and who holds Class C Units, and any other Person admitted as an additional or substitute Member and who holds Class C Units, so long as such Person holds Class C Units together with any Permitted Transferees thereof. If a Class C Member holds different classes of Units, then such Class C Member shall be treated as a Class C Member only with respect to its Class C Units.

Examples of Class C Member in a sentence

  • Any Manager may be removed or replaced without “Cause” at any time by a majority of the Board and each Manager may be removed and or replaced and the Board can be reconstituted for any reason by the Class C Member, if any.


More Definitions of Class C Member

Class C Member means any Member holding one or more Class C Units, in its capacity as such.
Class C Member means a Member holding Class C Units.
Class C Member means a Person designated as a Class C member of the Company pursuant to the terms of the operating agreement of the Company.
Class C Member means a Member holding Class C-1 Units or Class C-2 Units, as applicable, in its capacity as such, together with its Affiliates that hold Class C-1 Units or Class C-2 Units, as applicable (for the sake of clarity, such Member and such Affiliates shall be considered to be one (1) Class C Member).
Class C Member means each Person admitted to the Company as a Member and who holds Class C Common Shares.
Class C Member means any Member who joined the Scheme before 17 March 1987 or who joined subsequently and who the Board of Inland Revenue have agreed in writing to be a Class C Member by virtue of previous membership of a Relevant Scheme and, in either case, has not opted to become a Class A Member.
Class C Member includes CUSA and any other Member to whom a Class C Member Transfers a Membership Interest in accordance with this Agreement; provided, however, that a Class C Member shall cease to be a Class C Member upon the Transfer of all of such Person’s Membership Interest in accordance with this Agreement.