Class A Interests definition

Class A Interests means the Units purchased by the Class A Members. The Class A Interests shall comprise sixty-five percent (65%) of the total Interests sold. Class A Percentage Interest shall be determined by calculating the ratio between each Class A Member’s Capital Account in relation to the total capitalization of the Company provided by the Class A Members.
Source 1Source 2Source 3
Class A Interests means the Units purchased by the Class A Members.
Source 1Source 2Source 3
Class A Interests means the interests owned by Class A Beneficiaries in the Trust created pursuant to this Agreement.
Source 1Source 2Source 3

Examples of Class A Interests in a sentence

  • The Class B Interests shall be subordinate to the Class A Interests.

  • This Article 11 pertains only to the Interests of the Class A Interests in the Company.

  • Distributions to Class A Members, when made, will be allocated among them in proportion to their Percentage Interests in the Class A Interests.

  • If the minimum amount of Class A Interests are sold under this Offering, the purchasers under this Offering will own 100% of the Class A Interests outstanding.

  • If the maximum amount of Class A Interests are sold under this Offering, the purchasers under this Offering will own 100% of the Class A Interests outstanding.


More Definitions of Class A Interests

Class A Interests means the Interests in the Company held by the Class A Members.
Source 1Source 2
Class A Interests mean the Units purchased by the Class A Members. The Class A Interests shall comprise fifty percent (50%) of the total Interests sold. Class A Percentage Interests shall be determined by calculating the ratio between each Class A Members Capital Account in relation to the total capitalization of the Company provided by the Class A Members. Class B Interests mean fifty percent (50%) of the total Interests in the Company, which shall be issued to XXXXXXX HOMES XXXXXXX LOANS, LLC (in concert with the Xxxxxxx X Xxxxxxx Development Co or its members or their Affiliates) in exchange for services. Class B Members shall initially mean XXXXXXX HOMES XXXXXXX LOANS, LLC (or its Affiliates and/or members), but may include others to whom the Manager may grant or allow to purchase Class B Interests. Issuance of Class B Units is irrevocable even if Xxxxxxx Homes Xxxxxxx Loans, LLC, and Xxxxxxx Xxxxxxx is removed as the Manager of the Company. Code means the Internal Revenue Service Code of 1986, as amended from time to time. Company shall refer to Xxxxxxx Homes Xxxxxxx Loans, LLC, a Georgia domestic limited liability company and an emerging growth proptech and fintech company (real estate, technology and financial services). Xxxxxxx Homes Xxxxxxx Loans | 64 Company Operating Agreement Company Minimum Gain has the meaning set forth in sections 1.704-2(b)(2) and 1.704-2(d) of the Treasury Regulations.
Source 1Source 2Source 3
Class A Interests shall have the meaning specified in the recitals.
Source 1Source 2Source 3
Class A Interests shall have the meaning set forth in Section 3.1(a).
Source 1Source 2Source 3
Class A Interests means that portion of the Interests that represents the equity interests of certain Sellers in the Target with respect to the Xxxxxxx Properties, and the rights and obligations of which are set forth in the Target Operating Agreement.
Source 1Source 2Source 3
Class A Interests. The Class AI and Class AII Interests.
Source 1Source 2Source 3
Class A Interests means the Interests held by the Class A Members having such rights and preferences as are set forth herein.
Source 1Source 2Source 3