Examples of Class A Holders in a sentence
Immediately following the consummation of the transactions contemplated by the Purchase Agreement, the Class A Holders holding the Class A Membership Interests shall have fifty-one percent (51%) of the Voting Power and the Class B Holders holding the Class B Membership Interests shall have forty-nine percent (49%) of the Voting Power.
One or more additional members of the Company may be admitted to the Company with the written consent of the Class A Holders holding a majority of the Class A Membership Interests.
The Stockholders will use their best efforts to obtain regulatory approval (including approval of the Oregon Department of Consumer and Business Services, Division of Financial Regulation) to distribute the Distributed Funds to the Company to be distributed to the Class A Holders.
The Class A Holders having provided their written consent for variation of the rights attaching to the Class A Equity Shares to reflect the terms, set out in Part A of Schedule 2.
The Company shall dissolve and its affairs shall be wound up upon the first to occur of the following: (i) the written consent of the Class A Holders holding a majority of the Class A Membership Interests, (ii) at any time there are no members of the Company unless the Company is continued in accordance with the LLC Act, or (iii) the entry of a decree of judicial dissolution under Section 18-802 of the LLC Act.