Putting Member definition

Putting Member is defined in Section 12.5.1(a).
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Putting Member has the meaning set forth in Section 9.3(a).
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Examples of Putting Member in a sentence

  • By delivering a Put Notice, the Putting Member is irrevocably committing to sell to Leucadia (or the Company, as provided in Section 12.5.4.2 below) the Put Units specified in the Put Notice.

  • By delivering a Put Notice, the Putting Member is, subject to Section 12.5.3(e), irrevocably committing to sell to NBM (or the Company, as provided in Section 12.4.2 below) the Put Units specified in the Put Notice.

  • The Purchase Price shall be payable by the Company to the Putting Member via check or electronic transfer of immediately available funds at the closing.

  • At any such closing, the Purchaser shall deliver to the relevant Putting Member the purchase price for the Put Interest of such Putting Member by wire transfer of immediately available funds to such bank account as such Putting Member shall have specified in writing no later than two Business Days prior to the closing of such purchase.

  • Any Put Notice delivered under this Section 12.5.1 shall not be effective unless and until the Putting Member (in its capacity as a member of Pennsylvania LLC) delivers a Put Notice under the Pennsylvania Restated LLC Agreement for the same percentage of Pennsylvania LLC Units as is the subject of the Put Notice under this Section 12.5.1.

  • To exercise the Put Right, a Putting Member shall give notice (the “ Put Notice”) to the Other Members and the Company no later than 30 Business Days prior to the proposed date of purchase.

  • Putting Member Needs FirstMember needs are at the forefront of everything we do at VITA.

  • At such closing, the Putting Member shall execute and deliver to the Company or Glenayre, as applicable, such assignments and other instruments as may be reasonably determined by the Company or Glenayre, as applicable, to be necessary to evidence and carry out the Transfer of the Putting Member’s Interest, and, against receipt thereof, the Company or Glenayre, as applicable, shall pay the Put Price to the Putting Member in cash or Marketable Securities.

  • In no event shall any Putting Member be obligated to make any representations and warranties, or to provide any indemnities, with respect to any matters other than the title to the Company Securities comprising the Put Interest held by such Putting Member and the authority to sell such Company Securities.

  • The date and place of the closing (the “Put Closing Date”) of the purchase of the Putting Member’s Interest shall occur at such date and place as the Company or Glenayre, as applicable, and the Putting Member may agree, or, in the absence of such an agreement, at the principal offices of the Company at 10:00 a.m. on the ninetieth (90th) day following delivery of the Put Notice.

Related to Putting Member

  • Initiating Member shall have the meaning provided in Section 15.2(a).

  • Founding Member means any individual who is either:

  • Voting Member means a Member holding one or more Voting Shares.

  • Disposing Member is defined in Section 4.1.

  • Selling Member has the meaning set forth in Section 10.5(a).

  • Purchasing Member has the meaning set forth in Section 9.2(c).

  • Presiding Member means the presiding member of a committee or the deputy presiding member, or a member of the committee when performing a function of the presiding member in accordance with the Act;

  • Participating member means an eligible employee who elects to participate in the defined contribution retirement plan established under this chapter.

  • Bona fide member means an individual who participates in activities of a qualified organization

  • Redeeming Member has the meaning set forth in Section 11.01(a).

  • Contributing Member shall have the meaning set forth in Section 3.2(b).

  • Exchanging Member means a Member that Exchanges some or all of its Units.

  • Active member means a member of the pension program or the individual account program

  • Other Member means a Voting Member who is not an Eligible Account Holder or a Supplemental Eligible Account Holder.

  • Managing Member is defined in the recitals to this Agreement.

  • Defaulting Member has the meaning set forth in Section 3.3(a).

  • Transferring Member has the meaning set forth in Section 9.4.

  • Trading Member means a Person who has been approved by Nadex to trade directly and not through a FCM Member on the Market, and does not include any FCM Member.

  • Non-Voting Member means a member of a Committee or Sub- Committee of the Council who is not a member of the Council and is not entitled to vote on any matter coming before that Committee or Sub- Committee;

  • Remaining Members has the meaning set forth in Section 11.2.

  • ☐ - MULTI-MEMBER The “Capital Account” for each Member shall mean the account created and maintained for the Member in accordance with Section 704(b) of the Internal Revenue Code and Treasury Regulation Section 1.704-1(b)(2)(iv).

  • Founding Members means the collective reference to American Multi-Cinema, Inc., a Missouri corporation, Cinemark Media, Inc., a Delaware corporation, and Regal CineMedia Holdings, LLC, a Delaware limited liability company.

  • Non-Managing Member means any Member other than the Managing Member.

  • Panel Member ’ means a member of a panel;

  • Teaching staff member means an employee who holds a position for which a certificate issued by the New Jersey State Board of Examiners is required.

  • Service member means a member of the armed forces, a reserve branch of the armed forces, or the Michigan national guard.