Examples of Class M Member in a sentence
The Manager reserves the right to allow the Class M Members (or their members or Affiliates) to sell, grant, transfer, or convey a minority of the Class M Interests to others without permission of the Class G and Class L Members as long as doing so does not: a) dilute the Interests or percentage returns to the Class G and Class L Members, or b) allow any other Class M Member to exert management control over the Manager.
The initial focus should be on the migration of Euro OTC IRD business from EU based end clients.
If the Class M Member is deceased, this Agreement may be modified or amended by an instrument in writing signed solely by the Class A Members holding in the aggregate not less than a majority of the Membership Percentages of all Class A Members.
The Class M Member may, upon the resignation of a Manager, --------- designate a successor, which successor shall serve as Manager from and after the effectiveness of the resignation.
Normalized lending data for quarters prior to and after each business cycle peak are color-coded in figure 3 to each peak.
Each of the Members acknowledges that the Class M Member, in and for itself and as general partner of or otherwise pursuant to other entities, now is and hereafter will be conducting business and otherwise engaged in activities similar or competitive to the business or activities of the LLC, and that no such activity shall be a breach or violation of this agreement or any fiduciary duty of the Class M Member or of the Managers.
For the sake of clarity and by way of example, if a natural person is both a Class M Member and a Class I Member, such natural person shall be entitled to one vote as a Class M Member, and one vote per share as a Class I Member with respect to matters for which both Class M and Class I Members are entitled to vote.
Applications for membership shall only be accepted for membership as a Class M Member (“Class M Membership.”) An application for Class M Membership shall be made in such manner and form as may be prescribed by the Board of Directors and made available to anyone requesting it.
It is the responsibility of such a Buyer to ensure that he or his haulier completes and signs a “collection certificate” from the Auctioneers’ office prior to collection of the Lot purchased so that Value Added Tax is not charged at the standard UK rate and be irrecoverable.
The coalition agreement also set out plans to undertake a Local Government Resource Review.