Member Units definition

Member Units has the meaning set forth in the Operating Agreement. ------------
Member Units means the Managing Member Units and the Non-managing Member Units.
Member Units means, with respect to any Member, all Units Beneficially Owned by such Member, any Member of such Member's Member Group or any Affiliate of any of the foregoing persons, other than (i) Company Units and (ii) GP Units.

Examples of Member Units in a sentence

  • An Executive Board is hereby established to consider, adopt and amend from time to time as needed rules, procedures, by-laws and any other matters deemed necessary by the Member Units.

  • Upon request, Member Units shall provide such evidence as herein provided to the MABAS members.

  • The Member Units hereby authorize and direct their respective Fire Chief or his designee to take necessary and proper action to render and/or request mutual aid from the other Member Units in accordance with the policies and procedures established and maintained by the MABAS Member Units.

  • A President and Vice President shall be elected from the representatives of the Member Units and shall serve without compensation.

  • Rules, procedures and by laws of the MABAS shall be established by the Member Units via the Executive Board as deemed necessary from time to time for the purpose of administrative functions, the exchange of information and the common welfare of the MABAS.


More Definitions of Member Units

Member Units means any Units held, from time to time, by any Member and any options or subscription warrants exercisable therefor.
Member Units means units of the Member, which units represent interests in the profits, losses and distributions of the Member.
Member Units means a "Member Unit" as defined in section 84-2(g) of the Yuba Act.
Member Units the limited liability company units representing equity interests in Holdings, initially to be issued to the Reid Xxxent, Vestar and the Suiza Parent at the Closing, pursuant to the Holdings LLC Agreement.
Member Units has the meaning ascribed to it under the Administrative Measures on Finance Companies of Enterprise Groups 《( 企業集團財 務公司管理辦法》), and includes the parent company and its subsidiary(ies) in which the parent company holds over 51% of the shareholdings; company(ies) in which the parent company and its subsidiaries (either individually or jointly) hold over 20% of the shareholdings, or hold less than 20% of the shareholdings but are the largest shareholder of such company; legal person(s) of public institution(s) or social organisation(s) under the parent company and its subsidiary
Member Units means units of the Member, which units represent interests in the profits, losses and distributions of the Member. “Nasdaq” means The Nasdaq Global Market of The Nasdaq Stock Market LLC.
Member Units means a city, village, township or charter township located within Grand Traverse County which has contracted with the BPW for the purpose of participating in the facilities, programs and services that are the subject of this Ordinance.