Offeror Member has the meaning set forth in Section 8.4(a).
Offeror Member shall have the meaning set forth in Section 11.03(a).
Offeror Member is defined in Section 15.01(a).
Examples of Offeror Member in a sentence
Simultaneously with the sale and purchase of a Membership Interest, the Offeror Member and the Offeree Member shall execute such documents, and shall cause the lender under the Credit Facility to execute such documents, as reasonably necessary to release the selling Member from any and all of its obligations under the Credit Facility.
If the Offeree Member elects to sell its Membership Interest pursuant to Section 10.3(A) the Offeror Member shall make, within five (5) Business Days of such election, a cash deposit in escrow with a bank or other financial institution selected by the Offeree Member and identified in the Buy-Sell Election Notice in an amount calculated in accordance with Section 10.4(B) below.
More Definitions of Offeror Member
Offeror Member. As defined in Section 10.02(a).
Offeror Member shall have the meaning given in Section 8.6.
Offeror Member means in the case of (1) a Buy/Sell Event described in (A) above, the non defaulting Member, (2) a Replacement Event, IHP, (3) the failure of the Members to agree upon a Major Decision or the failure of the Members to fund Additional Capital, either
Offeror Member. A-U defined in Section 9.02(b). Percentage Interest; On any date, the amount of a Member's paid Capital Contribution as a percentage of the total paid Capital Contributions from the Formation Date through the date of such calculation, subject. however, to the provisions of Sections 5.02(b)(ii) and 5.03(b)(vi).
Offeror Member is defined in Section 13.1.3.1.
Offeror Member is defined in Section 7.2.
Offeror Member has the meaning set forth in Section 2.10(d).