Contribution Default definition
Contribution Default has the meaning set forth in Section 6.4.1.
Contribution Default means the failure by a Member to make a Capital Contribution as required by the Agreement.
Contribution Default means a Cash Contribution Default or a Non-Cash Contribution Default.
Examples of Contribution Default in a sentence
If a vacancy is created on the Board by the death, disability, retirement, resignation or removal of any Director, such vacancy shall be filled only by consent of the Member(s) then entitled to designate such Director pursuant to Section 8.2(a) unless such Member is at the time in Default (other than a Contribution Default).
More Definitions of Contribution Default
Contribution Default is defined in Section 3.2.1.
Contribution Default means the failure of UPK to contribute the Properties to the Company in accordance with the Contribution Notice consistent with the Contribution Agreement as determined by a Decision of the Facilitator which is not cured within any Cure Period
Contribution Default is defined in Section 4.2(d)(ii).
Contribution Default has the meaning set out in Section 12.1(b)(i);
Contribution Default is defined in Section 5.4(a).
Contribution Default is defined in Section 3.1(f). “Defaulting Member” is defined in Section 3.1(f).