Class C Units definition

Class C Units shall have the meaning set forth in the preface.

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Class C Units. The term "Class C Units" means the Class C Units of Dairy Holdings.

Class C Units has the meaning ascribed to such term in the LLC Agreement.

Examples of Class C Units in a sentence

Generally, Members holding at least ten percent (10%) of all outstanding Class A Units, Class B Units and Class C Units, treated as a single class, represented in person or by proxy, shall constitute a quorum at any meeting of the Members.
However, if the only matter to be approved on at any member meeting is the voluntary dissolution of the Company, Members holding at least fifty percent (50%) of all outstanding Class A Units and Class C Units, treated as a single class, represented in person or by proxy, shall constitute a quorum at such meeting.
A Change of Control of the Company shall only require the affirmative vote of the Members who hold a majority of the Class A Units, the Class B Units and the Class C Units, voting together as a single class.
Special meetings of the Members may be called at any time by: (i) the Board of Managers, or (ii) Members holding at least ten percent (10%) of the Class A Units, Class B Units and Class C Units, as separate classes, provided that such persons calling the meeting abide by Section 5.6.
The voluntary dissolution of the Company shall only require the affirmative vote of the Members who hold a majority of the Class A Units and the Class C Units, voting together as a single class.

More Definitions of Class C Units

Class C Units shall have the meaning set forth in Section 18.1.

Class C Units means the Class C Units of the Company.

Class C Units means the Class C general partner units of the Partnership held by BPI or any Related Party or Class C limited partner units of the Partnership acquired by the Trust or a permitted transferee pursuant to the Exchange Agreement (see “The Exchange Rights”), as the case may be.

Class C Units has the meaning set forth in Section 3.04(a)(iii).

Class C Units means, collectively, Class C-1 Units, Class C-2 Units, and Class C-3 Units.

Class C Units means the Class C common units of membership interest in the Company.

Class C Units shall have the meaning set forth in the recitals of this Agreement.