Class B Common Interests definition

Class B Common Interests has the meaning set forth in Section 4.3.
Class B Common Interests has the meaning assigned to such term in Section 2.01(b).
Class B Common Interests means the Interests in the form of shares designated as “Class B Common Interests” having the rights and obligations specified in this Agreement.

Examples of Class B Common Interests in a sentence

  • These Annual Incentive Shares are allocated among the Members (as defined in the LLC Agreement) holding Class B Common Interests (such Members, the “Class B Members”) based on each Class B Member’s contribution to the volume of the Exchange relative to such Class B Member’s Individual Target (as defined in the Members Agreement).

  • This adjustment is based on pre-tax loss since income tax consequences associated with any loss allocated to the Clearwire Communications Class B Common Interests will be incurred directly by Sprint and the Investors (other than Google and CW Investment Holdings LLC).

  • Further, to the extent that all of the Clearwire Communications Class B Common Interests and Clearwire Class B Common Stock are converted to Clearwire Class A Common Stock on a pro forma basis, the partnership structure is assumed to no longer exist and Clearwire would be required to recognize a tax charge related to indefinite lived intangible assets.

  • Represents the allocation of a portion of the pro forma combined net loss to the non-controlling interests in consolidated subsidiaries based on Sprint’s and the Investors’ (other than Google) ownership of the Clearwire Communications Class B Common Interests upon Closing of the Transactions and reflects the contribution by CW Investment Holdings LLC and the Investors at $17.00 per share following the post-closing adjustment.

  • The obligations of Supplier to Buyer, including, without limitation, warranty and indemnification obligations for Goods, the service and replacement part provisions, and the transition support provisions, shall survive termination or expiration of the Order, except as otherwise provided in the Order.

  • The LLC Agreement designates two types of Member, Class A Member and Class B Member, and the different classes of Members hold corresponding classes of Interests, i.e., Class A Common Interests and Class B Common Interests.

  • The Company shall have two (2) classes of Common Interests, which shall be Class A Common Interests and Class B Common Interests, and one (1) class of Preferred Interest, which will be for the purpose of accounting for the Company’s investments and for allocations of net profit, net loss and items thereof with respect to capital invested on or after the date hereof.

  • In addition, to the extent permitted by applicable Law, the Company may pay the purchase price for any Class B Common Interests acquired hereunder by offsetting any bona fide debts owed by the Member to the Company that have been reduced to judgment in accordance with Article XV.

  • The applicable exchange rate is 666.67 shares of Class A Common Stock (or Class B Common Stock and Class B Common Interests) per $1,000 principal, equivalent to an exchange price of approximately $1.50 per share.

  • In addition, notwithstanding anything herein to the contrary and subject to Section 11.3, no Transfers of Class B Common Interests shall be permitted to a Specified Entity; provided that for the avoidance of doubt and subject to Section 11.4(c), Class B Common Interests may be Transferred to a Specified Entity if such Transfer is a Permitted Transfer.


More Definitions of Class B Common Interests

Class B Common Interests means the Class B common membership interests of Primary Energy.
Class B Common Interests means all of the outstanding Class B common membership interests of Primary Energy.
Class B Common Interests means the Interests in the form of shares owned by each Founding Firm, as specified in Schedule A of the LLC Agreement, having the rights and obligations specified in the LLC Agreement. See id. Schedule A of the LLC Agreement sets forth the Interest allocations of each Member.
Class B Common Interests means Class B Common Interests of the Company as defined in the LLC Agreement.

Related to Class B Common Interests

  • Common Interests of any Person means Capital Interests in such Person that do not rank prior, as to the payment of dividends or as to the distribution of assets upon any voluntary or involuntary liquidation, dissolution or winding up of such Person, to Capital Interests of any other class in such Person.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • 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”.

  • Class A Common Units means the Company's Class A Common Units.

  • Class A Common means the Company's Class A Common Stock, par value $.01 per 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 Common Shares means shares of the Class B Common Stock, par value $.01 per share, of the Company.

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

  • Common Interest means the limited liability company interest of the Member in the Company as described in Article VII. The Company shall have one class of Common Interest.

  • Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of the Company.

  • Class A Interests means the Units purchased by the Class A Members. The Class A Interests shall comprise sixty-five percent (65%) of the total Interests sold. Class A Percentage Interest shall be determined by calculating the ratio between each Class A Member’s Capital Account in relation to the total capitalization of the Company provided by the Class A Members.

  • 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 A Common Shares means shares of the Class A Common Stock, par value $.01 per share, of the Company.

  • Class B Interests As set forth in the Trust Agreement.

  • 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 Units has the meaning set forth in Section 3.04(a)(ii).

  • Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of the Company.

  • Class A Shares means Class A ordinary shares, par value US$0.0001 per share, in the share capital of the Company.

  • Preferred Interests means, with respect to any Person, Equity Interests issued by such Person that are entitled to a preference or priority over any other Equity Interests issued by such Person upon any distribution of such Person’s property and assets, whether by dividend or upon liquidation.

  • Company Class B Common Stock means the Class B common stock, par value $0.01 per share, of the Company.

  • Class A Unit means a Unit representing a fractional part of the equity interest in the Company having the rights and obligations specified with respect to the Class A Units in this Agreement.

  • Class C Percentage Interest As of any date of determination, with respect to the Class C Certificates, a percentage interest equal to a fraction, the numerator of which is the Class Principal Balance of the Class C Certificates on such date, and the denominator of which is the Class Principal Balance of the Class C Regular Interest on such date.

  • Parent Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of Parent.

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Preferred Units means all Partnership Interests designated as preferred units by the General Partner from time to time in accordance with Section 4.02 of the Partnership Agreement.

  • Class B Members means all such Persons.