Membership Interests definition

Membership Interests has the meaning set forth in the recitals.
Membership Interests is defined in Section 5.24.
Membership Interests has the meaning set forth in the recitals to this Agreement.

Examples of Membership Interests in a sentence

  • Subject to the terms and conditions stated in this Agreement, the sale by EXCO and the purchase by BG of the Subject Membership Interests pursuant to this Agreement (collectively, the “Closing”) shall occur on June 1, 2010, or if all conditions to Closing in Articles VII or VIII have not yet been satisfied or waived by that date, as soon thereafter as such conditions have been satisfied or waived, or such other date as BG and EXCO may agree upon in writing.

  • The extinguishing of Membership Interests will occur by operation of law under the Indiana Demutualization Law on the Effective Date.

  • The Eligible Statutory Members will, upon the extinguishing of their Membership Interests, become entitled to receive aggregate consideration equal to the fair value of Anthem Insurance at the time of the Conversion as provided in Article V of this Plan.

  • Variation of class rights (1) The provisions of thisThis Article are concerned with theapplies to a variation or abrogation of the rights attached to a class of Shares or Membership Interests in a Company whose share capital is divided into Shares or Membership Interests of different classes.

  • All Encumbrances on the Subject Membership Interests, and all liens created in connection with the EXCO Debt Instruments on the Subject Non-Operating Assets, Operating Assets, Gathering Assets or other assets to be owned by the Newcos, the Operator and Midstream LLC shall be fully released at Closing by form of release acceptable to BG.


More Definitions of Membership Interests

Membership Interests means, collectively, the limited liability company interests of the Members in the Company as represented by Units and IDRs.
Membership Interests has the meaning assigned to such term in the LLC Agreement.
Membership Interests means the limited liability company interests of the Company held by the Member, in its capacity as such, including rights to distributions (liquidating or otherwise), allocations, information, all other rights, benefits and privileges enjoyed by the Member (under the Act, the Certificate of Formation, this Agreement or otherwise) in its capacity as the Member and otherwise to participate in the management of the Company; and all obligations, duties and liabilities imposed on the Member (under the Act, the Certificate of Formation, this Agreement, or otherwise) in its capacity as the Member.
Membership Interests is defined in the recitals.
Membership Interests means the limited liability company interests of the Manager (and any interests, units or other securities into which such Membership Interests may be converted or into which they may be exchanged).
Membership Interests means the membership interests of Seller.