Member Shares definition
Examples of Member Shares in a sentence
Each holder of 5% or more of the Member Shares, and each holder of Other Capital Instruments, and such holder’s primary address are set forth on Schedule B.
This Agreement shall continue in full force and effect until the first to occur of the following: (i) all of the Member Shares have been purchased by the Company, (ii) all of the Member Shares have been sold to one or more Prospective Purchasers in compliance with Section 2.3(b) and (ii) the Call Right under Section 2.2 has expired unexercised.
The number of any Member Shares disposed of pursuant to this Section 2.3(f) shall be subtracted from the number of Excepted Shares.
Prior to the consummation of a disposition of any Member Shares in accordance with this Section 2.3(f), such Member Shares must be converted into shares of Low Vote Stock of the corresponding series.
This Amendment shall be binding upon, inure to the benefit of, and be enforceable by, the parties hereto and their respective successors and permitted assigns, including, in the case of any ▇▇▇▇▇▇, any trustee, executor, heir, legatee or personal representative succeeding to the ownership of the ▇▇▇▇▇▇ Liberty Shares, ▇▇▇▇▇▇ Splitco Shares and Member Shares (and any other ▇▇▇▇▇▇ Holdings Shares) (including upon the death, disability or incapacity of any ▇▇▇▇▇▇).