Purchasing Members definition

Purchasing Members has the meaning given that term in Section 11.2.

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Purchasing Members has the meaning set forth in Section 11.2.

Purchasing Members shall have the meaning set forth in Section 4.7(b).

Examples of Purchasing Members in a sentence

• If the Dissolution Event results from a breach of this Agreement by the Former Member, the purchase price shall be reduced by an amount equal to the damages suffered by the Company or the Purchasing Members as a result of such breach.

• The Purchasing Members as a group, and the Former Member, shall each pay one-half of the cost of the appraisal.

• The purchase price for the Former Member’s interest shall be the fair market value of the Former Member’s Interest as determined by agreement of the former Member and the Purchasing Members.

• Each Purchasing Member shall be entitled to purchase a portion of the Former Member’s Interest in the same proportion as their Membership Interest compared with the percentage interest of all Purchasing Members.

• If the Former Member and the Purchasing Members cannot agree on the purchase price within 30 days after the Dissolution Event, the purchase price shall be determined by an independent appraiser.

More Definitions of Purchasing Members

Purchasing Members is defined in Section 8.11.

Purchasing Members is defined in Section 9.11(b) of the Company LLC Agreement.

Purchasing Members shall have the meaning given such term in Section 15.6E(2) hereof.

Purchasing Members shall have the meaning set forth in Section 8.3(b).

Purchasing Members means, with respect to each Termination Event, the Members other than the Terminated Member and the Investor Member.

Purchasing Members shall have the meaning set forth in Section 12.2(b) hereof.

Purchasing Members shall become substituted Members with respect to interests purchased under this paragraph (b) only upon the consent of the Manager.