Subclasses Clause Samples
The "Subclasses" clause defines how derivative or subordinate classes relate to a primary class within a legal or contractual framework. Typically, this clause outlines the rights, obligations, or limitations that apply to subclasses, specifying whether they inherit, modify, or are restricted compared to the main class. For example, in intellectual property agreements, subclasses might refer to specific types of licensed products or services that fall under a broader category. The core function of this clause is to clarify the scope and boundaries of subclasses, ensuring all parties understand how these related entities are treated under the agreement and preventing ambiguity or disputes regarding their status.
Subclasses. Each Class will determine the need for diversity within the Class (e.g., geographic, stakeholder issues, etc.) which may lead to the establishment of subclasses. A Class may subdivide into up to three subclasses. Each Class shall determine to establish or discontinue its subclasses, if any, by majority vote of the members in the Class.
Subclasses. The state law subclasses pertinent to this Agreement are the following:
Subclasses. The Settlement Class is further divided into Subclass 1 and Subclass 2 based on the segments and/or booking channel through which the Settlement Class Members booked their stay.
Subclass 1: All Settlement Class Members who booked their stay directly with Marriott or a Hotel and booking channels other than through a Wholesaler, Online Travel Agent, or Group Booking. This Subclass 1 is further categorized by the Hotel at which the Settlement Class Member stayed: Subclass 1(a): Sheraton Princess ▇▇▇▇▇▇▇▇ Subclass 1(b): All Other Hotels Subclass 2: All Settlement Class Members who booked their stay through a Wholesaler, Online Travel Agent, or Group Booking. This Subclass 2 is further categorized by the Hotel at which the Settlement Class Member stayed: Subclass 2(a): Sheraton Princess ▇▇▇▇▇▇▇▇ Subclass 2(b): All Other Hotels
Subclasses. The Class is composed of two subclasses, a “Judgment Subclass” and a “Non-Judgment Subclass.” The Judgment Subclass is comprised of Class Members against whom Autovest obtained a judgment before August 31, 2015. Based on Autovest’s review of its records, it believes the Judgment Subclass is comprised of 134 Class Members. The “Non-Judgment Subclass” is comprised of Class Members against whom Autovest had not taken a judgment as of August 31, 2015. Based on Autovest’s review of its records, it believes the “Non-Judgment Subclass” is comprised of 17 Class Members.
Subclasses. (i) Series 2019-3 Class A-1 Advance Notes (as referred to herein, the “Series 2019-3 Class A-1 Advance Notes”), (ii) Series 2019-3 Class A-1 Swingline Notes (as referred to herein, the “Series 2019-3 Class A-1 Swingline Notes”), and (iii) Series 2019-3 Class A-1 L/C Notes (as referred to herein, the “Series 2019-3 Class A-1 L/C Notes”). For purposes of the Indenture, the Series 2019-3 Class A-1 Notes shall be deemed to be “Senior Notes” and shall be issued on the Series 2019-3 Closing Date.
Subclasses. A.8.2.1 Broad classes of material and specifications Figure 9 — Some broad classes of material and specifications
Subclasses