Class B Holders definition

Class B Holders means the holders of the Class B Membership Interests.

Class B Holders means the sponsor and the initial shareholders, solely in their capacity as holders of Class B ordinary shares. "closing" means the closing of the transactions contemplated by the Merger Agreement.

Class B Holders means Walter F. Ulloa, Philip C. Wilkinson or Paul A. Zevnik, or any Permitted Transferee (as defined below) of Walter F. Ulloa, Philip C. Wilkinson or Paul A. Zevnik (hereinafter each of such individuals and his respective Permitted Transferee(s) is referred to as "Ulloa," "Wilkinson" and "Zevnik," respectively).

Examples of Class B 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.

• Each of the Class A Manager and the Class B Manager shall initially be paid an annual fee of $80,000.00 to serve as a “Manager” of the Company, which fee may be adjusted annually by the Board of Managers with the prior written approval of the Class B Holders holding a Majority of Class B Common Units.

• If a Majority of the Class B Common Units do not approve the Annual Business Plan or amendment thereto as proposed by the Class A Manager, Operator (the “Notifying Member”) may, within 15 days after such matter is not approved, give written notice (each a “Deadlock Notice”) to the Class B Holders (the “Notified Members”), describing the matter and stating that the Notifying Member desires to invoke the procedures described in this Section 15.14.

• If the Company does not close the redemption for all the redeemed shares on or before the Redemption Deadline, the Class B Holders shall be entitled to sell any or all of their shares to any Person without restriction and without regard to any right of first refusal or co-sale right, subject only to applicable law.

• The capital structure of the Company shall initially consist of Preferred Units and Common Units, which may be divided into one or more types or issued in one or more classes, series or subseries, in each case having such rights, powers, preferences, limitations and restrictions as may be determined by the Board of Managers (subject to the approval of the Class B Holders) and set forth in this Agreement.

More Definitions of Class B Holders

Class B Holders means any or all holder(s) of Class B Certificates.

Class B Holders has the meaning set forth in the preamble.

Class B Holders means holders of shares of Acquiror Class B Common Stock prior to the Domestication.

Class B Holders means BRC and any Permitted Successor or Permitted Transferee.

Class B Holders means Xxxxx Xxxxxxx, Xxxxx Xxxxxxxx, their respective Descendants, their respective current and former Spouses, and their respective Descendants, and any Trusts, Charitable Organizations, or IRAs for any of the foregoing (Descendants, Spouses, Trusts, Charitable Organizations, and IRAs will be defined as set forth in Broadcom’s Articles of Incorporation as of the Effective Date of this Agreement).

Class B Holders means BRC and any Permitted Successor or Permitted Transferee;

Class B Holders. Assembly’ means a general meeting of the Class B Holders held in accordance with the By-Laws and the Conditions of Administration;