Class A Members definition

Class A Members means those Members who have purchased Class A Interests.
Class A Members means the Members holding Class A Units.
Class A Members means holders of Class A Capital Units who have executed and agreed to be bound by this Operating Agreement.

Examples of Class A Members in a sentence

  • Each Director elected by Class A Members must be a Member or (in the case of a Member that is not a natural person) an elected or appointed representative of a Member.

  • For purposes of this Agreement, the initial Directors in Appendix D shall be deemed to have been elected by the Class A Members.

  • Cumulative voting for Class A Members is not permitted unless expressly authorized by the Board.

  • The Persons who held at least 100 shares of common stock of the Cooperative and receive at least 100 Class A Units and 100 Class B Units through the Restructuring, are admitted as Class A Members and Class B Members through the Restructuring without any further action of the Board, the Members, or the Company.

  • One-half of the Directors in office (provided that at least one-half of the Directors present have been elected by the Class A Members) constitute a Quorum necessary for the transaction of business at any regular or special meeting of the Board.


More Definitions of Class A Members

Class A Members means all such Persons.
Class A Members mean all Persons who hold Class A Units, meet the requirements of Section 4.2(a), are admitted as Class A Members and have not ceased to be Class A Members.
Class A Members means the Members that hold a Class A Membership Interest.
Class A Members means the holders of Class A Units that have been admitted as Members of the Company.
Class A Members means those Members who have purchased Class A Units.
Class A Members has the meaning set forth in Section 2.2.
Class A Members or “Other Class A Members” shall mean “Members.”