Redeeming Member definition

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

Redeeming Member is defined in Section 4.6(a)(i).

Redeeming Member shall have the meaning as set forth in Section 4.2(e)(1).

Examples of Redeeming Member in a sentence

• No Redemption or Direct Exchange shall relieve a Redeeming Member of any prior breach of this Agreement by such Redeeming Member.

• This Agreement shall continue notwithstanding the consummation of a Redemption or Direct Exchange by a Member or an LLC Optionee (to the extent of such LLC Optionee’s rights to exercise LLC Options and the related Redemption Right) and all rights set forth herein shall continue in effect with respect to the remaining Members and, to the extent the Redeeming Member has any remaining Units following such Redemption or Direct Exchange, the Redeeming Member.

• Notwithstanding any other provisions of this Agreement to the contrary, but subject to Section 11.03, in the event that the Corporation elects a Cash Settlement, the Corporation shall only be obligated to contribute to the Company an amount in respect of such Cash Settlement equal to the Redeemed Units Equivalent with respect to such Cash Settlement, which in no event shall exceed the amount actually paid by the Company to the Redeeming Member as the Cash Settlement.

More Definitions of Redeeming Member

Redeeming Member is defined in Section 3.6(a).

Redeeming Member has the meaning provided in Section 8.4(a).

Redeeming Member has the meaning set forth in Section 9.1(a) of this Agreement.

Redeeming Member has the meaning set forth in Section 8.6.A.

Redeeming Member is defined in Section 3.6(a)(i).

Redeeming Member is defined in Section 4.7(a)(iii).

Redeeming Member has the meaning set forth in Section 11.1.1.