Member Representative definition
Examples of Member Representative in a sentence
As of the date hereof, the Members shall be deemed, for themselves and their personal representatives and other successors, to have constituted and appointed, effective from and after the date hereof, the Member Representative, as their lawful and exclusive agent and attorney-in-fact of the Members to act for the Members with regard to all matters pertaining to this Agreement.
If the Member Representative delivers the Objection Notice to NextTrip within such 30-day period, NextTrip and the Member Representative shall use reasonable efforts to resolve all objections set forth in the Objection Notice.
Any documents submitted by NextTrip or the Member Representative to the Independent Accounting Firm, either unilaterally or at the Independent Accounting Firm’s request, shall be simultaneously submitted to either the Member Representative or NextTrip, as applicable.
If the Member Representative does not deliver the Objection Notice to NextTrip within such 30-day period, the Member Representative shall be deemed to have accepted the Closing Statement and the Closing Balance Sheet delivered by NextTrip.
The Independent Accounting Firm shall serve as an expert, not an arbitrator, however, subject to the remainder of this Section, its determination shall be set forth in writing and shall be conclusive and binding upon NextTrip and the Member Representative, absent manifest error or an arbitrary decision.