Class 2 Member definition

Class 2 Member means a Series M Class 2 Interest Member, a Series A Class 2 Member or a holder of any other Class 2 Interests of LLC.
Sample 1Sample 2
Class 2 Member means a Member holding a Class 2 Interest.
Sample 1Sample 2
Class 2 Member means a Member holding Units as a Class 2 Member.
Sample 1

Examples of Class 2 Member in a sentence

  • Claim of a Class 2 Member shall be converted to equity pursuant to the following terms: For every ten cents ($0.10) of the Claim the Reorganized Debtor shall issue one share of common stock in the Reorganized Debtor.

  • The Members acknowledge their understanding that Immersion intends to declare a dividend and distribute all of its Class 2 Member Units to its shareholders.

  • The Capital Contribution of the other Class 2 Member as 8 set forth on Exhibit A will be paid in cash.

  • The Class 2 Member will receive One Unit for One Cent ($.01) contributed to IMMERSION as a Class 2 Member, and receive a corresponding credit to the Member's Capital Account as and when the Member's contribution is made.

Related to Class 2 Member

  • Class C Member means a Member holding the Class C Ordinary Share.

  • Class A Member means a Member holding one or more Class A Ordinary Shares.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Class A Members means those Members who have purchased Class A Interests.

  • Class B Members means any Persons to whom Class B Membership Units are issued, and any assignee or transferee of such Persons permitted under the terms of this Agreement, and any other Person admitted to the Company in the future as a Class B Member pursuant to the terms hereof. The names of the Class B Members, and the Percentage Interests allocated to each such Class B Member, shall be reflected in the books and records of the Company.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • Participating Class Member means a Class Member who does not submit a valid and timely Request for Exclusion from the Settlement.

  • Preferred Member means a Member holding Preferred Units.

  • Class A Limited Partner means EPCO Holdings, Inc., a Delaware corporation, and its successors and assigns.

  • Participating Class Members means all Class Members who do not submit valid

  • Class Member means a member of the Class.

  • Class Members means all individuals in the Settlement Class, including the Class Representatives.

  • Non-Participating Class Member means any Class Member who opts out of the Settlement by sending the Administrator a valid and timely Request for Exclusion.

  • Class HI B-2 Formula Interest Distribution Amount" means, as to any Payment Date, the sum of (a) the amount specified in clause (a) of the definition of the term "Class HI: B-2 Formula Distribution Amount" and (b) the Unpaid Class HI: B-2 Interest Shortfall, if any.

  • Class B Percentage Interest means, with respect to a Class B Member as of a given date, that percentage obtained by dividing the total number of Class B Units owned by such Member by the total number of Class B Units issued and outstanding.

  • Interest Holder means any Person who holds an Interest, whether as a Member or as an unadmitted assignee of a Member.

  • Withdrawn Member means a Member whose interest in the Company has been terminated for any reason, including the occurrence of an event specified in Section 6.2, and shall include, unless the context requires otherwise, the estate or legal representatives of any such Member.

  • Class R-I Interest The uncertificated Residual Interest in REMIC I.

  • Class H designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class LT-R Interest The residual interest in the Lower-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.

  • Class R-1 Interest The uncertificated Residual Interest in REMIC 1.

  • Class B Interest Each of the Class B-1 and Class B-2 Interests.

  • Class R-II Interest The uncertificated Residual Interest in REMIC II.