Examples of Class A Member in a sentence

Upon the Class A Member’s removal, the Class B Member shall either assume the role of the Manager or appoint another Person (who may be an Affiliate of the Class B Member) to manage the operations of the Company, which may be removed by the Class A Member only for Cause, by delivering written notice to the Class B Member.
The Class B Member may remove the Class A Member as the Manager of the Company only for Cause, by delivering written notice to the Class A Member.

More Definitions of Class A Member

Class A Member means each Person admitted to the Company as a Class A Member whose name is set forth on Schedule I hereto as a Class A Member with respect to Class A Units held by such Person, and any other Person admitted as an additional or substitute Class A Member, so long as such Person remains a Class A Member.

Class A Member means a holder of Class A Units as relates to the ownership of such Units, executing this Agreement as a Class A Member or hereafter admitted to the Company as a Class A Member as provided in this Agreement, but does not include any Person who has ceased to be a Member.

Class A Member means any Person (i) who has become a Member pursuant to the terms of this Agreement, and (ii) is the owner of one or more Class A Units. “Class A Members” means all such Persons.

Class A Member means any Member that holds Class A Common Units, in such Member’s capacity as a holder of such Units.

Class A Member means a Person designated as a Class A member of the Company pursuant to the terms of the operating agreement of the Company.

Class A Member means a Person admitted to the Company as a Member holding Class A Units from time to time, in its capacity as such and not in its capacity as a holder of any other class or group of Membership Interest. As of the Effective Date, NEP Member is the sole Class A Member.

Class A Member means any Class A Member of National Rural as described in National Rural’s Bylaws currently in effect.