Class M Members. The Class A Interest of a Class A Member shall be equal to a fraction, the numerator of which is such Class A Member’s Capital Contribution to the Company and the denominator of which is the aggregate of all Capital Contributions made to the Company. Interests shall be deemed to be personal property giving only the rights, powers, authority, privileges and preferences provided in this Agreement, notwithstanding the nature of the property held by the Company.
Class M Members means the Members holding Class M Common Units.
Class M Members means the owners of Class M Units.
Examples of Class M Members in a sentence
Thereafter, all profits and losses shall be allocated to the Class M Members.
More Definitions of Class M Members
Class M Members and Members owning Litigation Support Shares are referred to herein as “Litigation Support Members.” Interests shall be deemed to be personal property giving only the rights, powers, authority, privileges and preferences provided in this Agreement, notwithstanding the nature of the property held by the Company.