Non-Defaulting Member means a Member who is not a Defaulting Member.
Non-Defaulting Member has the meaning set forth in Section 9.1.
Non-Defaulting Member shall have the meaning given in Section 3.4(D).
Examples of Non-Defaulting Member in a sentence
Any Member who has committed a Default Event (the "Defaulting Member") shall notify the other (the "Non-Defaulting Member") as soon as practicable after becoming aware that a Default Event has occurred and unless the Default Event is waived by the Non-Defaulting Member or remedied in accordance with Clause 21.3 or 21.4, the Winding Up Procedure set out in Clause 24 shall automatically be triggered.
Non-Defaulting Member has the meaning set forth in Section 4.3(b).
The Non-Defaulting Member may exercise all remedies at law against the Defaulting Member’s Units, including strict foreclosure thereon.
More Definitions of Non-Defaulting Member
Non-Defaulting Member shall have the meaning specified in Article 28.3.
Non-Defaulting Member has the meaning set forth in Section 3.2(c).
Non-Defaulting Member has the meaning set forth in Section 3.2(f).
Non-Defaulting Member is defined in Section 7.01.
Non-Defaulting Member is defined in Section 3.3.
Non-Defaulting Member is defined in Section 2.2.1.
Non-Defaulting Member means a Member other than a Defaulting Member. 1.81 Non-Electing Member. “Non-Electing Member” shall have the meaning set forth in Section 11.1 of this Agreement. 1.82