Membership Interest Certificates definition

Membership Interest Certificates is defined in Section 7.9.
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Membership Interest Certificates are defined in Section 4.7.
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Membership Interest Certificates means collectively (i) Certificate of Membership of Front Range Energy, LLC #2, representing 4,094.595 Class B Voting Units of the Company and (ii) Certificate of Membership of Front Range Energy, LLC #3, representing 6,000 Class B Voting Units of the Company.
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Examples of Membership Interest Certificates in a sentence

  • Units of Membership Interest may be evidenced by Membership Interest Certificates (herein referred to collectively as “Membership Interest Certificates” and individually as a “Membership Interest Certificate”), which shall solely be issued, at the written request of any Member or Preferred Holder (as applicable), in accordance with this Section 4.7 and Section 11.17, in the form of Exhibit A.

  • In the event that the Company shall purchase any Units of Membership Interest (including Fractional Units), such Units of Membership Interest (or Fractional Units) shall be extinguished, and the Membership Interest Certificates with respect thereto shall be surrendered and cancelled.

  • The Membership Interest Certificates represent all the Membership Interests.

  • Membership Interest Certificates shall be consecutively numbered and shall be entered in the books and records of the Company as they are issued and shall exhibit the holder's name, and each Membership Interest Certificate shall bear a restrictive legend as required in Section 14.2 below.

  • The Buyer must have received Secretary's certificates from the Company, in form and substance reasonably satisfactory to the Buyer, certifying as to the Company's Organizational Documents, incumbent directors and officers, Membership Interest Certificates ledger and good standing in the jurisdiction of its incorporation and good standing as a foreign corporation in all applicable states.

  • Distributions shall be made in cash to the holders of Class B Preferred Membership Interests pro rata in accordance with their Class B Preferred Membership Interests at the times and in the aggregate amounts provided in the Class B Preferred Membership Interest Certificates.

  • Subject to the satisfaction or waiver of the conditions to closing in Sections 6 and 7, at the Closing, the Sellers will sell and transfer their Membership Interest Certificates (the "Certificates") in the Company to the Buyer, and the Buyer will purchase the Certificates from the Sellers.

  • Additionally, the Class B Preferred Membership Interests shall be subject to the related obligations and restrictions set forth in this Agreement and the Class B Preferred Membership Interest Certificates.

  • Subject to the satisfaction or waiver of the conditions to closing in Sections 6 and 7, at the Closing, the Seller will sell and transfer his Membership Interest Certificates (the "Certificates") in the Company to the Buyer, and the Buyer will purchase the Certificates from the Seller.

  • For the avoidance of doubt, the Class B Preferred Members shall have no voting rights under this Agreement except those voting rights that are expressly conferred upon the Class B Preferred Members in the Class B Preferred Membership Interest Certificates.


More Definitions of Membership Interest Certificates

Membership Interest Certificates is defined in Recital No. 1.
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Membership Interest Certificates is defined in Section 14.1(a).
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Membership Interest Certificates means the Certificate of Membership of Front Range Energy, LLC, #5, representing 10,094,595 Class B Voting Units of the Company.
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Membership Interest Certificates representing the Class B Preferred Membership Interests exchanged.
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Related to Membership Interest Certificates

  • Residual Interest Certificate means any of the Class R-I Certificates, the Class R-II Certificates, the Class R-III Certificates or, if issued in accordance with Section 2.06, the Class R-LR Certificates.

  • Grantor Trust Certificates Any class of commercial mortgage pass-through certificates issued under this Agreement that is designated as evidencing an interest in the Grantor Trust. The Class S Certificates and the Class VRR Certificates shall be the only Classes of Grantor Trust Certificates issued under this Agreement.

  • Membership Interests has the meaning set forth in the recitals.

  • Residual Certificates As specified in the Preliminary Statement.

  • Trust Certificates means the asset backed certificates issued pursuant to the Trust Agreement, substantially in the form of Exhibit A to the Trust Agreement.

  • Book-Entry Preferred Securities Certificates means a beneficial interest in the Preferred Securities Certificates, ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 5.11.

  • Definitive Trust Certificates shall have the meaning set forth in Section 3.10.

  • Exchangeable Certificates As specified in the Preliminary Statement.

  • Certificate Percentage Interest means, with respect to a Certificate, the percentage specified on such Certificate as the Certificate Percentage Interest, which percentage represents the beneficial interest of such Certificate in the Trust. The initial Certificate Percentage Interest held by the Depositor shall be 100%.

  • Definitive Preferred Securities Certificates means Preferred Securities issued in certificated, fully registered form that are not Global Preferred Securities.

  • Class R Residual Interests The Class R-1 and Class R-2 Residual Interests (which shall be transferable only as a unit evidenced by the Class R Certificates, in accordance with the applicable provisions of Section 5.01).

  • COFI Certificates As specified in the Preliminary Statement.

  • Investor Certificates means the Class A Certificates, the Class B Certificates and the Collateral Interest.

  • Trust Certificate means a certificate evidencing the beneficial interest of a Certificateholder in the Trust, substantially in the form of Exhibit A to the Trust Agreement.

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

  • Membership Interest means a Member’s entire interest in the Company including such Member’s right to receive allocations and distributions pursuant to this Agreement and the right to participate in the management of the business and affairs of the Company in accordance with this Agreement, including the right to vote on, consent to, or otherwise participate in any decision or action of or by the Members granted pursuant to this Agreement.

  • Class R Certificates All Certificates bearing the class designation of "Class R".

  • 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.

  • Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.

  • Pledged Partnership Interests means all interests in any general partnership, limited partnership, limited liability partnership or other partnership including, without limitation, all partnership interests listed on Schedule 4.4(A) under the heading “Pledged Partnership Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such partnership interests and any interest of such Grantor on the books and records of such partnership or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such partnership interests.

  • Definitive Capital Securities Certificates means either or both (as the context requires) of (i) Capital Securities Certificates issued as Book-Entry Capital Securities Certificates as provided in Section 5.11, and (ii) Capital Securities Certificates issued in certificated, fully registered form as provided in Section 5.13.

  • REMIC II Certificates The REMIC II Regular Certificates and the Class R-II Certificates.

  • Preferred Interests means, with respect to any Person, Equity Interests issued by such Person that are entitled to a preference or priority over any other Equity Interests issued by such Person upon any distribution of such Person’s property and assets, whether by dividend or upon liquidation.