Equity Share Class definition

Equity Share Class means any of the Class A Shares, Class I Shares, Class T Shares, Class D Shares, Class FA Shares as defined in Section 7.1 of the Operating Agreement, or any other class of common shares that the Board may authorize from time to time pursuant to the Operating Agreement.
Equity Share Class means any of the Class A Shares, Class I Shares, Class T Shares, Class D Shares, Class FA Shares as defined in Section 7.1 of the Operating Agreement, or any other class of common shares that the Board may authorize from time to time pursuant to the Operating Agreement. Excess Operating Funds – shall have the meaning ascribed to such term in Section 3.1 of this Agreement. Expense Support Amount – shall have the meaning ascribed to such term in Section 2.1 of this Agreement. Fees – shall mean the amounts paid by the Company to the Manager or Sub-Manager, as applicable, pursuant to Section 3 of the Management Agreement and Section 3 of the Sub-Management Agreement. Initial Term – shall have the meaning ascribed to such term in Section 9(a) of the Management Agreement. Member – shall have the meaning ascribed to such term in Section 2.2 of the Operating Agreement. Membership Interest – shall have the meaning ascribed to such term in Section 2.2 of the Operating Agreement. Notice – shall have the meaning ascribed to such term in Section 2.2 of this Agreement. Operating Agreement – shall mean the Second Amended and Restated Limited Liability Company Operating Agreement, dated as of December 18, 2017, as the same may be amended from time to time, by and among the Company and the Manager.

Examples of Equity Share Class in a sentence

  • For purposes of this Agreement, the “Conditional Waiver Amount” shall mean the aggregate estimated amount of per Equity Share Class expense support required by the Company for the Applicable Calendar Month, but in no event will exceed the excess of (a) the sum of the Distributions declared and payable to Shareholders of each Equity Share Class over (b) the sum of the Available Operating Funds attributable each Equity Share Class for such Applicable Calendar Month.

  • For purposes of this Agreement, the “Conditional Waiver Amount” shall mean the aggregate estimated amount of per Equity Share Class expense support required by the Company for the Applicable Calendar Month, but in no event will exceed the excess of (a) the sum of the Distributions declared and payable to Stockholders of each Equity Share Class over (b) the sum of the Available Operating Funds attributable to each Equity Share Class, in each case, for such Applicable Calendar Month.

  • Beginning on the Commencement Date and continuing until the Agreement is terminated as provided in Section 4, within fifteen (15) Business Days from the last Business Day of each full calendar month (and not any partial months) (each, an “Applicable Calendar Month”), the Company shall deliver to the Managers a notice (the “Notice”) specifying, on a per Equity Share Class basis for each Equity Share Class, the Conditional Waiver Amount for such Applicable Calendar Month.

  • Beginning on the Commencement Date and continuing until the Agreement is terminated as provided in Section 4, within fifteen (15) Business Days from the last Business Day of each full calendar month (and not any partial months) (each, an “Applicable Calendar Month”), the Company shall deliver to the Advisors a notice (the “Notice”) specifying, on a per Equity Share Class basis for each Equity Share Class, the Conditional Waiver Amount for such Applicable Calendar Month.