Preferred Member definition

Preferred Member means a Member holding Preferred Units.

Preferred Member means each Person admitted to the Company as a Preferred Member whose name is set forth on Schedule I hereto as a Preferred Member with respect to Preferred Units held by such Person, and any other Person admitted as an additional or substitute Preferred Member, so long as such Person remains a Preferred Member.

Preferred Member means a Member holding Preferred Shares of the Company.

Examples of Preferred Member in a sentence

• Preferred Member Dividends: Each Preferred Membership Interest is entitled to quarterly dividends at a rate equal to LIBOR plus 6.50% per annum (subject to a LIBOR floor of 1.5% per annum) of the Unreturned Contributions associated with their Preferred Membership Interest.

• In some instances, you may visit one or more of our Sites to verify and update certain information (for example, certain Distributor and Preferred Member account information on MyHerbalife).

• In connection with any disclosure described in clause (iv) or (v) above, the disclosing Preferred Member shall cooperate with the Company in seeking any protective order or other appropriate arrangement as the Board of Managers may request.

• Engaging in simple activities, such as walking and gardening, helped participants experience a reduction in pain and improve their functional ability.

• Any Transfer Taxes (as defined in the Class F Purchase Agreement) incurred in connection with any issuance of Class F Preferred Shares to a Class F Preferred Member or any of their Affiliates or Permitted Transferees pursuant to this Agreement, the Class F Purchase Agreement, or any subscription agreement shall be paid by such Class F Preferred Members when due.

More Definitions of Preferred Member

Preferred Member has the meaning set forth in Section 3.01.

Preferred Member means a Member who holds Preferred Units.

Preferred Member means a Person in whose name a Junior Preferred Membership Interest or a Senior Preferred Membership Interest is registered in the Register.

Preferred Member means a holder of a Preferred Member Interest.

Preferred Member shall only refer to any Member holding Preferred Units with respect to its Preferred Units only and the term “Common Member” shall only refer to any Member holding Common Units with respect to its Common Units only.

Preferred Member has the meaning set forth in the opening paragraph of this Agreement.

Preferred Member means a Member that holds one or more Preferred Securities.