Class B Member definition
Class B Member means a Member holding one or more Class B Ordinary Shares.
Class B Member means a Member holding Class B Units.
Class B Member means a holder of a Class B Membership Interest.
Examples of Class B Member in a sentence
The Class B Members shall ensure that there is always at least one Class B Manager appointed to the Board for so long as at least (i) one FI Member Owner’s indirect Class B Voting Percentage is 7.0% or greater or (ii) one Class B Member other than the FI Member (for so long as it is directly or indirectly owned by two or more FI Member Owners) holds a 7.0% or greater Class B Voting Percentage.
More Definitions of Class B Member
Class B Member means a holder of Class B Units as relates to the ownership of such Units, executing this Agreement as a Class B Member or hereafter admitted to the Company as a Class B Member as provided in this Agreement, but does not include any Person who has ceased to be a Member.
Class B Member means a Person designated as a Class B member of the Company pursuant to the terms of the operating agreement of the Company.
Class B Member means each Person admitted to the Company as a Class B Member whose name is set forth on Schedule I hereto as a Class B Member with respect to Class B Units held by such Person, and any other Person admitted as an additional or substitute Class B Member, so long as such Person remains a Class B Member.
Class B Member has the meaning set forth in the Preamble.
Class B Member means any Class B Member of National Rural as described in National Rural’s Bylaws currently in effect.
Class B Member means any Member:
Class B Member means any Class B Member of the Borrower as described in the Borrower’s Bylaws as of the date hereof.