Controlling Members definition
Controlling Members means the Members who Control the Company.
Controlling Members means each Original Member and each other Member designated as a “Controlling Member” by the Board in accordance with Section 7.9. Only the Controlling Members shall have the right to appoint Directors under the terms hereof.
Controlling Members shall have the meaning ascribed to such term in Section 11.08.
Examples of Controlling Members in a sentence
The Members agree that this Agreement and the certificate, and no other agreement, document, instrument, or law, contain the entire agreement among the Company, the Members, and the Managers with respect to the governance of the Company and the duties that Managers and Controlling Members owe to the Company and the Members.
The Members are sophisticated investors who have willingly chosen to enter into this Agreement to memorialize and reflect their agreements relating to, among other things, the governance of the Company, including the duties that Managers and Controlling Members owe to the Company and the Members.
More Definitions of Controlling Members
Controlling Members means the Members who Control the Company. “Deemed Transfer” has the meaning set forth in Section 7.1(c) of this Agreement.
Controlling Members is defined in Section 4.1(a).
Controlling Members means the Members holding a majority of the membership interests in the Company.
Controlling Members has the meaning set forth in Section 6.2.
Controlling Members means, collectively, the following Persons:
Controlling Members has the meaning set forth in Section 11.4(a) hereof.
Controlling Members means AMIC and IAIC, or any successor to their Membership Interest.