Accelerated Dilution definition
Accelerated Dilution means applying an amount equal to three times the Payment Default (which shall include all interest accrued thereon in accordance with this Agreement but which has not yet been paid) contributed by the Non-Defaulting Members to the Company as the variable "D" in the formula set out in Section 7.6(i)(i) and thereafter re-calculating each Member's Percentage Interest in accordance with Section 7.6(i)(i), mutatis mutandis.