Class B Management Units definition

Class B Management Units shall have the meaning ascribed to it in the LLC Agreement.
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Class B Management Units means (i) the Class B Management Units ------------------------ originally issued pursuant to this Agreement and designated as Class B Management Units on Schedule A and (ii) any Class B Management Units issued with ---------- respect to such Class B Management Units by way of dividend or Unit split or in connection with a combination of Units, recapitalization, merger or other reorganization. A Class B Management Unit will continue to be a Class B Management Unit in the hands of any Person to which such Unit is transferred.
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Class B Management Units means (i) the Class B Management Units (A) ------------------------ originally issued and outstanding pursuant to this Agreement to the applicable persons listed on Schedule A or (B) allocated to the Pool pursuant to this ---------- Agreement and designated as Class B Management Units on Schedule A and (ii) any ---------- Class B Management Units issued with respect to such Class B Management Units by way of dividend or Unit split or in connection with a combination of Units, recapitalization, merger or other reorganization. A Class B Management Unit will continue to be a Class B Management Unit in the hands of any Person to which such Unit is transferred.
Sample 1

Examples of Class B Management Units in a sentence

  • Employee hereby waives, cancels and terminates any ------------- right to receive any additional equity or securities in the Company or related entities, including, but not limited to, the rights (if any) pursuant to that certain Amended and Restated Equity Allocation Agreement dated November 11, 1997 among the Company, Xxxxx Xxxxx, Xxx Xxxxx and Employee and Employee waives the right to allocate the Class B Management Units set forth in the LLC Agreement.

  • In addition, the 50 Class B Management Units repurchased from Xxxxx Xxxxx and any other Class B Management Units repurchased by the Company in the future shall also become part of and shall be subject to the Pool pursuant to the Equity Allocation Agreement and shall be distributable by Xxxxx.

  • Prior to the introduction of code eviction, Maxine featured two unmanaged code caches, that is, memory areas where machine code is placed.

  • Any Units issued pursuant to this Agreement which ----------------- are subsequently held by the Company as a result of any repurchase of such Units by the Company or otherwise, shall not be considered outstanding Units for any purpose hereunder, including any Class A Management Units and Class B Management Units allocated to the Pool.

  • It is therefore part of our doctrine that in relation to any activities of this church we must in no way condone, promote, assist or encourage any form of sexual practice except that within the loving bond of husband and wife.7.4 Applications for membership‌Applications for membership shall be made in writing to the Church Administrator or other Church Officer.Applicants for membership will be interviewed by two members (one of whom should normally be an elder).

  • The ownership by a Member of any Class A Investor Units, Class B Investor Units, Class C Investor Units, Preferred Units, Class A Management Units, Class B Management Units and/or Class R Management Units shall entitle such Member to allocations of Profits and Losses and other items and distributions of cash and other property with respect to such Units as set forth in ARTICLE V hereof.

  • As of the date hereof, the Units are comprised of "Class A Investor ----- ---------------- Units," "Class B Investor Units," "Preferred Units," "Class A Management Units," ----- ---------------------- --------------- ------------------------ "Class B Management Units" and "Class R Management Units".

  • Any Units issued pursuant to this Agreement ----------------- which are subsequently held by the Company as a result of any repurchase of such Units by the Company or otherwise, shall not be considered outstanding Units for any purpose hereunder, including Class A Management Units and Class B Management Units allocated from the Pool.

  • The ownership by a ------------------------ ------------------------ Member of any Class A Investor Units, Class B Investor Units, Preferred Units, Class A Management Units, Class B Management Units and/or Class R Management Units shall entitle such Member to allocations of Profits and Losses and other items and distributions of cash and other property with respect to such Units as set forth in Article V hereof.


More Definitions of Class B Management Units

Class B Management Units means (i) the Class B Management Units (A) originally issued and outstanding pursuant to this Agreement to the applicable persons listed on SCHEDULE A or (B) allocated to the Pool pursuant to this Agreement and designated as Class B Management Units on SCHEDULE A and (ii) any Class B Management Units issued with respect to such Class B Management Units by way of dividend or Unit split or in connection with a combination of Units, recapitalization, reclassification, merger or other reorganization. A Class B Management Unit will continue to be a Class B Management Unit in the hands of any Person to which such Unit is transferred.
Sample 1

Related to Class B Management Units

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Management Unit means an area established by the Commission for management purposes.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Class B Units means the Class B Units of the Company.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Class B Interests As set forth in the Trust Agreement.

  • 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 A Common Units means the Company's Class A Common Units.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

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

  • 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.

  • Initial Common Units means the Common Units sold in the Initial Offering.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

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

  • Class B Shares means the Class B ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class B Shares, and having the rights provided for in these Articles.

  • Class B Investor Interest means, on any date of determination, an amount equal to (a) the Class B Initial Investor Interest, minus (b) the aggregate amount of principal payments made to Class B Certificateholders prior to such date, minus (c) the aggregate amount of Class B Investor Charge-Offs for all prior Transfer Dates pursuant to subsection 4.10(b), minus (d) the amount of the Reallocated Class B Principal Collections allocated pursuant to subsection 4.12(a) on all prior Transfer Dates for which the Collateral Interest Amount has not been reduced, minus (e) an amount equal to the amount by which the Class B Investor Interest has been reduced on all prior Transfer Dates pursuant to subsection 4.10(a) and plus (f) the aggregate amount of Excess Spread allocated and available on all prior Transfer Dates pursuant to subsection 4.11(d) for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the Class B Investor Interest may not be reduced below zero.

  • apartment unit means any residential unit within a building containing three or more dwelling units where access to each residential unit is obtained through a common entrance or entrances from the street level and the residential units are connected by an interior corridor;

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • Membership Units means the units into which the ownership interests of the Members in the Company are divided, including such Member’s Economic Interest and the right of such Member to any and all benefits to which such Member may be entitled as provided in this Agreement or under the Act, together with the obligation of such Member to comply with all of the provisions of this Agreement and of the Act.

  • Holdings LLC Agreement means the Amended and Restated Limited Liability Company Agreement of Holdings dated as of the Closing Date.

  • Common Units means common units representing limited partner interests in the Partnership.

  • Company Units has the meaning set forth in the Recitals.

  • LLC Units has the meaning set forth in the LLC Agreement.

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

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.