Specific Class definition
Examples of Specific Class in a sentence
If you do not or at any time during the course of the term of this Agreement, fail to remain to qualify as any Specific Class of Investors, please notify us in writing immediately.
In the case of a Transfer of only a portion of a Limited Partner’s Interest, the transferor and transferee will allocate the Specific Class C Units that will be attributable to both of them following such Transfer.
If at any time there are no Specific Class C Units for a Limited Partner which remain as Outstanding Class C Units, the Interest of such Limited Partner will be automatically forfeited with no further action required by either the Partnership or the General Partner.
Unless and until you advise us to the contrary, we shall, on a continuous basis, assume that you fall under a Specific Class of Investors.
An Operating Advisor may be the related Controlling Holder or any holder of the controlling interest in the Controlling Class, any Certificateholder, or an unrelated third party for such Mortgage Loan, with respect to any action which is to be taken with respect to the CC Component Mortgage, the SS Component Mortgage Loan or the UH Component Mortgage Loan, as applicable, and requires the related Loan Specific Class Holder's consent in its capacity as a Controlling Holder.
Creation of Career Service and Term-Limited Temporary Positions for Specific Class Members.
An Operating Advisor may be the related Controlling Holder or any holder of the controlling interest in the Controlling Class, any Certificateholder, or an unrelated third party for such Mortgage Loan, with respect to any action which is to be taken with respect to the ES Component Mortgage, the SB Component Mortgage Loan or the Wellbridge A/B Mortgage Loan, as applicable, and requires the related Loan Specific Class Holder's consent in its capacity as a Controlling Holder.