Specified Members definition
Specified Members has the meaning set forth in Section 9.03.
Specified Members means, collectively, (i) the Pearl Unitholders, (ii) the NGP Unitholder and (iii) each Member that holds greater than 1% percent of the Common Units outstanding as of the applicable time of determination.
Specified Members means, as of any time of determination, Members that do not have a Designation Right as of such time. Any consent, approval, decision (including any decision as to whether a Person, action or thing is acceptable), determination, designation, identification, direction, specification, request, removal, instruction or other action to be provided, granted, given, made, performed, rendered or otherwise taken by the Specified Members pursuant to this Agreement at any time shall be provided, granted, given, made, performed, rendered or otherwise taken by the Majority Specified Members; provided, however, that for purposes of designating the Independent Designee pursuant to Section 6.2(b)(iii) or filling a vacancy on the Board resulting from the Independent Designee ceasing to serve as a member of the Board (which vacancy shall be filled pursuant to Section 6.14), the Specified Members may act by either
Examples of Specified Members in a sentence
Additionally, the Partnership Representative shall not (and the Company shall not (and shall not authorize the Partnership Representative to)) settle, compromise or abandon any audit in a manner that could reasonably be expected to have a disproportionate (as compared to the Corporation) and material adverse effect on the relevant Specified Members without such Specified Members’ prior written consent (which consent shall not be unreasonably withheld, delayed or conditioned).
More Definitions of Specified Members
Specified Members means, as of any time of determination, Members that do not have a Designation Right as of such time. Any consent, approval, decision (including any decision as to whether a Person, action or thing is acceptable), determination, designation, identification, direction, specification, request, removal, instruction or other action to be provided, granted, given, made, performed, rendered or otherwise taken by the Specified Members pursuant to this Agreement at any time shall be provided, granted, given, made, performed, rendered or otherwise taken by the Majority Specified Members; provided, however, that for purposes of designating the Independent Designee pursuant to Section 6.2(b)(iii) or filling a vacancy on the Board resulting from the Independent Designee ceasing to serve as a member of the Board (which vacancy shall be filled pursuant to Section 6.14), the Specified Members may act by either (a) the vote of Specified Members holding a plurality of the votes of the Class A Units present in person or represented by proxy at a meeting of Specified Members called for purposes of authorizing, approving or otherwise considering any such action, or (b) Majority Specified Members acting by written consent. For the avoidance of doubt, a Person that does not own or hold Class A Units as of any time of determination shall not constitute a Specified Member as of such time.
Specified Members means any Members (as defined in the Holdings LLCA) other than the Company.
Specified Members means Benjamin Scott Terry and John G. Gulbin, III.
Specified Members means, as of any time of determination, Members who are Affiliates of any of the Persons listed on Schedule A attached hereto as of such time. For the avoidance of doubt, a Person that does not own or hold Class A Units as of any time of determination shall not constitute a Specified Member as of such time.
Specified Members means ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ and ▇▇▇▇ ▇. ▇▇▇▇▇▇, III.
Specified Members means ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, the BST 2011 Irrevocable Trust, ▇▇▇▇ ▇. ▇▇▇▇▇▇, III and the JGG 2011 Irrevocable Trust.