Class A Units definition

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 A Units has the meaning set forth in Section 3.1.
Class A Units has the meaning set forth in the LLC Agreement.

Examples of Class A Units in a sentence

  • Generally, Members holding at least ten percent (10%) of all outstanding Class A Units, Class B Units and Class C Units, treated as a single class, represented in person or by proxy, shall constitute a quorum at any meeting of the Members.

  • Any amendments to this Agreement will only require the affirmative vote of the Members who hold a majority of the Class A Units and Class B Units, voting together as a single class.

  • However, if the only matter to be approved on at any member meeting is the voluntary dissolution of the Company, Members holding at least fifty percent (50%) of all outstanding Class A Units and Class C Units, treated as a single class, represented in person or by proxy, shall constitute a quorum at such meeting.

  • A Change of Control of the Company shall only require the affirmative vote of the Members who hold a majority of the Class A Units, the Class B Units and the Class C Units, voting together as a single class.

  • Special meetings of the Members may be called at any time by: (i) the Board of Managers, or (ii) Members holding at least ten percent (10%) of the Class A Units, Class B Units and Class C Units, as separate classes, provided that such persons calling the meeting abide by Section 5.6.


More Definitions of Class A Units

Class A Units means the Class A Units of the Company.
Class A Units means the Units having the privileges, preferences, and rights specified with respect to “Class A Units” in this Agreement, including those described in Section 7.1(c)(2).
Class A Units means the class of transferable, redeemable units of the Fund designated as the “Class A Units”.
Class A Units means each Class A unit consisting of (a) one Share, and (b) one Series A Warrant to purchase one (1) Series A Warrant Share(s).
Class A Units has the meaning set forth in the Partnership Agreement.
Class A Units. The term "Class A Units" means the Class A Units of Dairy Holdings.
Class A Units means Investors' Class A Units.