Examples of Consenting Members in a sentence
Unless there are any mandatory rules under Applicable Law to the contrary, X-CLEAR shall be entitled (but not obliged) for Consenting Members of this affected Group which are in Default or were set in Default by X-CLEAR (the "Defaulting Consenting Members") to calculate the Close-out Settlement Amounts and to net these Close-out Settlement Amounts together per currency into one net amount.
If this net amount is in favour of the Defaulting Consenting Members, X-CLEAR shall transfer this net amount on a pro rata basis according to the individual Close-out Settlement Amounts to those Defaulting Consenting Members which have positive Close-out Settlement Amounts.
This Agreement shall not be amended except by written agreement between Grantee and the Owner with the consent of each of the Consenting Members [and Virginia Housing].
The Plan is the product of extensive discussions and negotiations between and among, inter alia, the Debtors, the Consenting Lenders, the TL Agent, the Consenting Members and their respective professionals.
The Owner, pursuant to its [Amended and Restated] Operating Agreement dated on or about the date hereof by and among the Consenting Members (the “Operating Agreement”), is engaged in the ownership and operation of an [ ]-unit apartment project for families located in [ ], Virginia and commonly known as “[Project name] Apartments” (the “Project”).