Examples of Class C Members in a sentence

As used herein, the term “ROFO Rightholders” shall mean all Class A Members, Class C Members and Common Members, other than the Offering Member, holding greater than two percent (2%) of the total number of outstanding Units (or applicable Unit Equivalents).
Pertinent to my interpretation of these clauses is the fact that the LLC at issue, Marconi, is a manager-managed LLC where the Class A and Class C Members (MBC Investment and MBC Lender, respectively) have power to appoint Managers holding majority control to the board, which, in turn, has power to direct the affairs of Marconi.
The LED signals are brighter than incandescent traffic signals, a characteristic that also enhances intersection safety.
This Section 4.10 provides the deadlock resolution process so that each Class C Member serving as a Manager has a right to make an irrevocable offer to the other Class C Members to sell the Initiating Party’s (as defined below) Units or to purchase the Other Party’s (as defined below) Units.
After numerous legal and procedural challenges, the case ultimately settled without an admission of liability in 2017 for $AUD 70 million.

More Definitions of Class C Members

Class C Members refers to any Persons who acquire a Class C Interest in the Company in the future, if and to the extent the Company establishes and issues Class C Interests pursuant to the terms of this Agreement. There are no Class C Members as of the Effective Date of this Agreement.

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

Class C Members means all such Class C Members.

Class C Members mean the Class C Members of Genesis as defined in the Genesis Charter Documents.

Class C Members means all such Members. Unless the context otherwise requires, references to Class C Members shall be applied without regard to whether the Member also owns Class A Units and/or Class B Units.

Class C Members means Members holding Class C Units, their permitted successors and assigns who may be admitted to the LLC as Class C Members, in accordance with the terms hereof and any other Person who may be admitted to the LLC as a Class C Member in accordance with the terms of this Agreement.

Class C Members means all Persons (i) whose names are set forth as such in the Member Register or who has become a Class C Member pursuant to the terms of this Agreement, and (ii) who is the owner of one (1) or more Class C Units.