Capital Member definition

Capital Member means any Member holding Company Interests with respect to which Capital Contributions have been, or have been deemed to have been, previously made.

Capital Member means each Member that shall have made Capital Contributions to the Company.

Capital Member means Quantum.

Examples of Capital Member in a sentence

• Xxxxx shall have the right to acquire such Additional Call Units in an amount equal to (i) the number of Additional Call Units offered multiplied by (ii) a fraction (A) the numerator of which is the number of Class C-1 Units held by Xxxxx and (B) the denominator of which is the number of Class C-1 Units held by all Members (for each Capital Member, the “Class C-1 Ratio”).

• If LINN no longer holds LINN Incentive Units, the withheld amounts of any LINN Incentive Member (including LINN) shall be retained by the Company for distribution to the Capital Member.

• The Capital Member may make any decision or take any action by any method it elects; provided that any such decision or action shall be documented in writing and maintained at the principal offices of the Company.

• Except as expressly otherwise provided in this Agreement, all actions and decisions of the Members required hereunder or pursuant to the DLLCA in their capacity as such shall only require approval of the Capital Member.

• Nonrecourse Deductions for any Fiscal Year shall be specially allocated to the Capital Member if the Base Return has not been met, otherwise in a manner in which distributions are made pursuant to Section 4.2(a)(ii).

More Definitions of Capital Member

Capital Member shall refer severally to any person named as a Capital Member in this Agreement and any person who becomes an additional, substitute or replacement Capital Member as permitted by this Agreement, in such person's capacity as a Capital Member of the LLC. "Capital Members" shall refer collectively to all such persons in their capacities as Capital Members.

Capital Member means any Member, other than the Bankruptcy Estate, who made an Initial Capital Contribution, or any Assignee thereof or any transferee thereof admitted as a Member pursuant to the terms of this Agreement. To the extent that any action requires the consent of the Capital Members, such action shall be made by the affirmative

Capital Member means each Member of the Company other than the Class C Members. “Capital Units” means the Units held by any Member other than a Class C Member.

Capital Member means any one of the Capital Members. To the extent that the Manager purchases Units in one or more Membership Classes on its own behalf for cash, the Manager shall also be a Capital Member with respect to such Membership Class.

Capital Member means each Member of the Company other than a Class C Member in its capacity as such.

Capital Member means a Skybound Member and/or a Preferred Member.”

Capital Member means a Member other than an Incentive Plan Member.