Examples of Lending Member in a sentence

At the option of the Managers or a Lending Member, these Regulations or a carbon, photographic, or other copy hereof may serve as a financing statement.
Each Member shall execute and deliver to the Company and the other Members all financing statements and other instruments that the Managers or the Lending Member, as applicable, may request to effectuate and carry out the preceding provisions of this Section 4.03(b).
On any default in the payment of a Capital Contribution or in the payment of such a loan or interest accrued on it, the Company or the Lending Member, as applicable, is entitled to all the rights and remedies of a secured party under the Uniform Commercial Code of the State of Nevada with respect to the security interest granted in this Section 4.03(b).
The Delinquent Member shall have direct liability for the Delinquent Member’s obligation to make Capital Contributions or repay any loan to a Lending Member.
On any default in the payment of a Capital Contribution or in the payment of such a loan or interest accrued on it, the Company or the Lending Member, as applicable, is entitled to all the rights and remedies of a secured party under the Uniform Commercial Code of the State of Texas with respect to the security interest granted in this Section 4.03(b).

More Definitions of Lending Member

Lending Member means a Member who advances that portion of a Delinquent Member’s Capital Contribution that is in default or who otherwise advances a portion of another Member’s Capital Contribution in accordance with this Agreement.

Lending Member is defined in Section 3.4(a).

Lending Member has the meaning set forth in Section 7.2(g)(ii).

Lending Member is defined in Section 5.2(d).

Lending Member shall have the meaning ascribed thereto in Section 3.1(c).

Lending Member. As defined in Section 2.3. --------------

Lending Member means a Member that provides a Member Loan pursuant to Section 4.2 or Section 4.3.