Vote Limit Certificate definition
Examples of Vote Limit Certificate in a sentence
Any Member that beneficially owns 10% or more of the Outstanding Interests (excluding Interests beneficially owned by the Managing Member) may provide the Company with a Vote Limit Certificate in the form of Exhibit A that, from the effective date set forth in such notice (or if no such effective date is indicated, the date such notice is received by the Company), such Member shall be subject to a Vote Limit.
A Class A Member may elect to restrict its voting rights by filing with the Managing Member a Vote Limit Certificate in the form attached hereto as Exhibit B limiting its and its affiliates’ Voting Shares in the Series to not more than 9.99% of Voting Shares of all Class A Members in the Series (excluding any Class A Shares held by the aShareX Parties).