Class B Parties definition

Class B Parties is defined in Section 11.1(b).
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Examples of Class B Parties in a sentence

  • Notwithstanding any other provision of this Agreement, NEP Class B Parties shall have no right to vote any Class B Units held by them on any matter.

  • Except as provided in Section 7.1.8, (i) from the Issue Date and prior to the Restriction Termination Date, no Person (or Persons in the aggregate, in the case of the Initial Class B Parties) shall Beneficially Own shares of Capital Stock in excess of the applicable Ownership Limit.

  • Notwithstanding any other provision of this Article 7, any Disposition of Class B Units by or with respect to any Class B Member or other direct or indirect holder of Class B Units (other than NEP Class B Parties) may be effected only if such Class B Member or other holder of Class B Units Disposes of Class B Units constituting a Proportionate Class B Allocation of such Class B Member’s or other holder’s Class B Units in accordance with the other requirements of this Section 7.01.

  • Percentage means, with respect to any period, the percentage of Available Cash distributable, in the aggregate, to all of the Other Class B Parties pursuant to Section 5.01(d).

Related to Class B Parties

  • Class B Members means any Persons to whom Class B Membership Units are issued, and any assignee or transferee of such Persons permitted under the terms of this Agreement, and any other Person admitted to the Company in the future as a Class B Member pursuant to the terms hereof. The names of the Class B Members, and the Percentage Interests allocated to each such Class B Member, shall be reflected in the books and records of the Company.

  • Investor Parties has the meaning set forth in the Preamble.

  • Covered Parties has the meaning set forth in Section 6.7(a).

  • Backstop Parties means, collectively, the Initial Backstop Parties and the Additional Backstop Parties.

  • Applicable Parties has the meaning assigned to it in Section 8.03(c).

  • Note Parties means, collectively, the Company and each Guarantor.

  • 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.

  • Unit Holders means all Unit Holders.

  • Class A Certificate Group The Group I Class A Certificates or the Group II Class A Certificates, as applicable.

  • Class B Percentage Interest means, with respect to a Class B Member as of a given date, that percentage obtained by dividing the total number of Class B Units owned by such Member by the total number of Class B Units issued and outstanding.

  • Class A Members means those Members who have purchased Class A Interests.

  • Class B-1 Certificates All Certificates bearing the class designation of "Class B-1".

  • Class C Certificates Any one of the Class C Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-18, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 4.

  • Partnership Parties has the meaning assigned to such term in the preamble.

  • Participating Entities and “Participating Entity” are defined on the Coversheet.

  • Class B Percentage Any one of the Class B-1 Percentage, Class B-2 Percentage, Class B-3 Percentage, Class B-4 Percentage, Class B-5 Percentage or Class B-6 Percentage.

  • Term Secured Parties shall have the meaning assigned to that term in the introduction to this Agreement.

  • Class A Certificates As specified in the Preliminary Statement.

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

  • Lender Parties means, collectively, the Administrative Agent, the Lenders, the Issuing Bank, the Specified Derivatives Providers, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 12.7, any other holder from time to time of any of any Obligations and, in each case, their respective successors and permitted assigns.

  • Unitholders means the holders of Units.

  • Class B-2 Certificates All Certificates bearing the class designation of "Class B-2".

  • Parent Indemnified Parties has the meaning set forth in Section 9.2(a).

  • Prepetition Secured Parties means the lender parties under the Prepetition Credit Facilities and the beneficial holders of the Prepetition Secured Notes.

  • Investor Indemnitees shall have the meaning set forth in Section 5.01.

  • Required Secured Parties has the meaning given to it in the Intercreditor Agreement.