Common use of Unit Holder Clause in Contracts

Unit Holder. Unit Holder shall mean a Person who holds one or more Class A Units, Class B Units or Class C Units and is either a Member or an Economic Interest Owner.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Solis Seattle, LLC)

Unit Holder. Unit Holder shall mean a Holder" means any Person who holds a Unit, regardless of whether such Person has been admitted to the Company as a Member. "Unit Holders" means all such Persons and the sole Unit Holder if there is only one or more Class A Units, Class B Units or Class C Units and is either a Member or an Economic Interest OwnerUnit Holder at the relevant time.

Appears in 1 contract

Sources: Operating Agreement