Class A Members definition

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

Class A Members means the Members holding Class A Units.

Class A Members means holders of Class A Capital Units who have executed and agreed to be bound by this Operating Agreement.

Examples of Class A Members in a sentence

• Covered employees are required by state statute to contribute the following percentages of their salary to the plan; Class A Members, 6.0% of salary; Class B Judicial Members, 9.0% of salary; and Class B Public Safety Members, 8.0% of salary.

• The President is appointed by the Board of Trustees, with the approval of the Class A Members, and serves a specified term of up to six years.

• In addition to the power to elect Trustees, the Class A Members retain the right to approve the appointment of the President of the University, the sale, lease, or encumbrance of the University’s real property, and other matters detailed in Sections 2.05 and 2.06 of the Bylaws.

• The Bylaws establish two classes of corporate members of the University: Class A Members consist of five monks of Saint John’s Abbey, including the Abbot and the canonical Treasurer.

• Together, the Class A and Class B Members have the authority to appoint five members of the University Board of Trustees.Although authority for the management and direction of the University is vested in the Board of Trustees, the Class A Members retain certain reserved powers over particular matters.

More Definitions of Class A Members

Class A Members means all such Persons.

Class A Members mean all Persons who hold Class A Units, meet the requirements of Section 4.2(a), are admitted as Class A Members and have not ceased to be Class A Members.

Class A Members means those Members who have purchased Class A Units.

Class A Members means the Members that hold a Class A Membership Interest.

Class A Members has the meaning set forth in Section 2.2.

Class A Members means the holders of Class A Units that have been admitted as Members of the Company.

Class A Members means each Person holding a Class A Interest. As of the Effective Date, the Class A Member means the Class A Equity Investor.