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 Member shall be entitled to three (3) votes for each Lot owned by it; provided, however, in no event shall the Class B Member have less than the total number of Class A votes plus one (1).

  • Class B membership shall be a full voting membership and during its existence the Class B Member shall be entitled to vote on all matters and in all events.


More Definitions of Class B Member

Class B Member means a Member holding one or more Class B Membership Interests.
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 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 SOIF III, and, with respect to those Units transferred from a Class B Member, any Person who has been admitted as a Substitute Member as to the Class B Membership Interest transferred. An Assignee of a Membership Interest who receives Units from a Class B Member shall not be considered a Class B Member.
Class B Member means the Person(s) holding a Class B Interest. Initially, and as of the Effective Date, the Class B Member means the Class B Equity Investor.
Class B Member means any Member:
Class B Member has the meaning set forth in the A&R LLC Agreement.