Examples of Class A Unit Holder in a sentence
As a Class A Unit Holder, your capital account will be increased according to your share of our profits and other applicable items of income or gain specially allocated to you pursuant to the special allocation rules described below.
The original member and Manager of the Company is AD Partners LLC, whose sole member is Julio Macedo.The Manager/Julio Macedo has contributed $50,000 in cash as its minimum Capital Contribution to the Company for the purchase of Class E Units.Capital Accounts and ContributionsThe purchase price paid for our Class A Units constitutes a capital contribution for purposes of becoming a Class A Unit Holder and will be credited to your capital account.
A Director appointed by a Class A Unit Holder under this section shall serve indefinitely at the pleasure of the Class A Unit Holder appointing him or her until a successor is appointed, or until the earlier death, resignation, or removal of the Director.
In the event that the number of Class A Units held by a Class A Unit Holder falls below the threshold granting appointment rights, the term of any Director appointed by such Unit Holder shall terminate and a successor shall be elected or appointed in accordance with the terms of this Agreement.
Workshop 3Options in Along-hole Depth Data Quality ImprovementConvenor: H.
The amendment or repeal of this section 5 or the adoption of any provision inconsistent therewith shall require the approval of the Unit Holders representing at least a majority of the outstanding Units and the approval of every Class A Unit Holder adversely affected by such amendment, repeal, or adoption of an inconsistent provision.
Any such vacancy shall be filled within thirty days of its occurrence by the Class A Unit Holder having the right of appointment.
While I disagree with Whicker that the principal function of postprocess is to provide the shibboleth through which certain compositionists identify themselves as “members of the dominant clique in the field,” I agree with his larger point (521).
No Class A Unit Holder shall have any right whatsoever to require the redemption or exchange of its Class A Preferred Units.
Each Class A Unit Holder who holds one million (1,000,000) or more Class A Units as of November 15, 2005 is entitled to appoint one (1) Director.