Class B Member Interest
Class B Member Interest. Means the Series B Common Units in the LLC initially transferred to Purchaser pursuant to Section 1 of this Agreement and Section 3.1(b) of the LLC Agreement, as well as any and all additional interests in the LLC which the Purchaser may acquire pursuant to Sections 3.1(b)(i) or (ii) of the LLC Agreement, as well as all the rights arising in the capacity of a Class B Member as of the Effective Date.
All Definitions
Found in
DASAN ZHONE SOLUTIONS INC contract