Class A Membership Unit definition

Class A Membership Unit has the meaning assigned to it in Section 1.2. -----------------------
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Class A Membership Unit refers to a single unit of Class A Interest.
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Class A Membership Unit means a Membership Unit having the rights, preferences and obligations specified in this Agreement with respect to Class A Membership Units.
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Examples of Class A Membership Unit in a sentence

  • Class A Membership Unit holders will have a right to vote of decisions the company makes and information about the company.

  • On July 27, 2015, on completion of the RTO (Note 3), the Company granted 2,136,000 stock options in exchange for the cancellation of 330,000 MUWs exercisable at $0.60 per Class A Membership Unit.

  • If providing investment advice is our primary business, all of our directors, officers and partners are presumed to be access persons.

  • On March 1, 2013, we entered into a subscription agreement with Great Plains Sand, LLC through a private placement to purchase one Class A Membership Unit for $105,000.

  • A motion to call the question shall require two-thirds (2/3) vote and is not debatable.


More Definitions of Class A Membership Unit

Class A Membership Unit. Purchaser shall have the meaning set forth inSection 9.2(a)
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Class A Membership Unit means a unit of ownership of the Company which entitles the holder of such Class A Membership Unit to a fractional, undivided share of the profits and losses of the Company, and all other benefits to which a Class A Member may be entitled, together with the obligations of such Class A Member to comply with all of the terms and provisions of this Agreement. The Class A Membership Units owned by the Class A Members are set forth on Schedule I, which may be amended from time to time.
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Class A Membership Unit means a Class A Membership Unit (as defined in the REIT LLC Agreement) of the REIT.
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Class A Membership Unit means a unit representing a fractional share of the Class A Interests and entitling the holder thereof to a share of the distributions in respect of the Class A Membership Units.
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Related to Class A Membership Unit

  • Membership Unit means a Membership Common Unit, a Company Preferred Unit, a Company Junior Unit or any other fractional share of the Membership Interests that the Managing Member has authorized pursuant to Section 4.1 or Section 4.2 hereof.

  • Membership Units means membership interests in the Company.

  • Class A Unit means any Partnership Unit that is not specifically designated by the General Partner as being of another specified class of Partnership Units.

  • Class A Member means a Member holding one or more Class A Ordinary Shares.

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • Class A Members means those Members who have purchased Class A Interests.

  • Class B Unit means a Partnership Unit which is designated as a Class B Unit of the Partnership.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Class B Share means a Class B ordinary share of a par value of US$0.0001 in the share capital of the Company.

  • Partnership Unit Designation shall have the meaning set forth in Section 4.2.A hereof.

  • Class B Units means the Class B Units of the Company.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Class C Member means a Member holding the Class C Ordinary Share.

  • Class A Common Unit means a Common Unit having the rights and obligations specified with respect to Class A Common Units in this Agreement.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Preferred Share means a share of stock of the General Partner of any class or series now or hereafter authorized or reclassified that has dividend rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the REIT Shares.

  • Preferred Member means a Member holding Preferred Units.

  • Class D Unit means a Partnership Unit entitling the holder thereof to the rights of a holder of a Class D Unit as provided in this Agreement.

  • Class B Common Unit means one of that certain class of Common Units with those special rights and obligations specified in this Agreement as being appurtenant to a “Class B Common Unit”.

  • Preferred Unit means a fractional share of the Partnership Interests that the General Partner has authorized pursuant to Sections 4.01, 4.03 or 4.04 hereof that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the OP Units.

  • Membership Interest means a Member’s entire interest in the Company including such Member’s right to receive allocations and distributions pursuant to this Agreement and the right to participate in the management of the business and affairs of the Company in accordance with this Agreement, including the right to vote on, consent to, or otherwise participate in any decision or action of or by the Members granted pursuant to this Agreement.

  • Class B Stock means Class B Stock, par value $1.00 per share, of the Company.

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.