Class B Manager definition

Class B Manager shall have the meaning set forth in Section 6.2.
Class B Manager means each Manager nominated and appointed by the Class B Member (or the Class B Members collectively, as applicable) pursuant to Section 5.2.
Class B Manager has the meaning set forth in Section 7.02(a)(ii).

Examples of Class B Manager in a sentence

  • The Board may establish by resolution committees of the Board (each a "Committee"), with each such Committee being composed of two or more Managers; provided, that each Committee shall have at least one Class A Manager and at least one Class B Manager as members.

  • Any Manager may be removed from the Board, with or without cause, by the Member(s) who designated such Manager to serve on the Board; provided, that the Class A Members (in the case of a Class B Manager) may direct the Class B Members, and the Class B Members (in the case of a Class A Manager) may direct the Class A Members, to remove and replace any such Manager from the Board upon a reasonable showing of Cause against the Manager whose removal and replacement is being directed pursuant hereto.


More Definitions of Class B Manager

Class B Manager means the Manager selected and appointed by the Members holding Preferred Units or Class B Units, as applicable, in accordance with Section 4.01(b)(i) or either of the Managers selected and appointed by the Members holding Preferred Units or Class B Units, as applicable, in accordance with Section 4.01(b)(ii), as the case may be.
Class B Manager has the meaning set forth in Section 5.3(c).
Class B Manager means ▇▇▇▇▇▇ Asset Management (USA) Limited, a company incorporated under the laws of the Hong Kong Special Administrative Region of the People’s Republic of China.
Class B Manager has the meaning assigned to such term in Section 11.8(d).
Class B Manager means a Class B Manager of the Management Committee elected as provided in 6.01(b)(i).
Class B Manager has the meaning given to it in Section 7.01(b). “Code” means the Internal Revenue Code of 1986, as amended.
Class B Manager means the member of the Board of Managers