Defaulting Member definition

Defaulting Member has the meaning set forth in Section 3.3(a).
Defaulting Member shall have the meaning provided in Section 5.2(b).
Defaulting Member has the meaning set forth in Section 4.4(a).

Examples of Defaulting Member in a sentence

  • It is understood and agreed that once a Valuation Notice has been delivered, the Members shall have the rights and obligations set forth below in this Section 8.5 regardless of whether the Defaulting Member subsequently cures the relevant Event of Default.


More Definitions of Defaulting Member

Defaulting Member has the meaning set forth in Section 6.2(a).
Defaulting Member has the meaning set forth in Section 13.1 hereof.
Defaulting Member. A Member which fails to make his Additional Contribution as required herein.
Defaulting Member shall have the meaning specified in Section 4.3(c) hereof.
Defaulting Member has the meaning set forth in Section 9.1.
Defaulting Member is defined in Section 7.01.
Defaulting Member shall have the meaning ascribed to such term in Section 9.1.