Class A Capital definition

Class A Capital means, with respect to any Class A Member, the balance in such Member’s Class A Capital Account from time to time.
Class A Capital means Class A Capital as defined in, and issued pursuant to, the Denver LLC Agreement and subject in all respects thereto.
Class A Capital means the amount of One Million ($1,000,000) U.S. Dollars;

Examples of Class A Capital in a sentence

  • Each Class A Member may cast only one vote on each matter brought to a vote of the Class A Members, regardless of the number of Class A Capital Units owned.

  • The Cooperative is being dissolved and the Class A Capital Units are being distributed to the shareholders of the Cooperative in proportion to the equity shares held by each shareholder of the Cooperative.

  • After completion of the Reorganization, Class A Members may Dispose of outstanding Class A Capital Units to any Person, subject to the other requirements of this Operating Agreement.

  • The initial Capital Account of the General Partner is $1,000, the initial Capital Account of the Class A Limited Partner as of the Closing Date is equal to the Class A Capital Base on the Closing Date, and the initial Capital Account of each Class B Limited Partner is zero.

  • A Class A Member must always own at least 2,500 Class A Capital Units, and no Person will be admitted as a Class A Member unless said Person holds at least 2,500 Class A Capital Units.

  • As part of the Reorganization, 14,129,250 Class A Capital Units are being issued to the Cooperative in exchange for all of the Cooperative’s assets and liabilities.

  • Class A Capital Units may only be Disposed of in increments of 250 Capital Units.

  • In the event any shareholder of the Cooperative fails to execute a counterpart signature page of the Operating Agreement, or fails to consent to the termination of the shareholder’s Member Agreement, the Company shall have the right to redeem such Person’s Class A Capital Units as provided in Section 4.3, in addition to any remedies otherwise provided by law.

  • If a Person fails to meet this requirement, the Company may redeem the Class A Capital Units held by said Person as provided in Section 4.3.

  • If the Person fails to meet either of the requirements of the previous sentence within the time provided, the Company may redeem the Class A Capital Units held by said Person as provided in Section 4.3.


More Definitions of Class A Capital

Class A Capital means the sum of the Class A Capital Contributions as set forth on the Information Exhibit less the cumulative amount of distributions made by the LLC to the holders of the Class A Units pursuant to Subsections 3.2(b), 3.2(c) and 9.3(c).
Class A Capital means, $6.8925 for every Class A Unit; subject to adjustment for any equity split, reverse equity split or combination or other similar pro rata recapitalization event affecting any class or series of Units; provided, however, that the Class A Capital for each Additional Class A Unit issued under Section 4.1(d)(ii) shall be zero dollars.
Class A Capital. Class B Member”; “Class B Units” and “Class B Capital” each have the meanings ascribed thereto in the Company LLC Agreement.
Class A Capital shall have the meaning set forth in the A&R LLC Agreement.