Redeeming Member definition

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

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

Redeeming Member is defined in Section 3.6(a).

Examples of Redeeming Member in a sentence

This Agreement shall continue notwithstanding the consummation of a Redemption or Direct Exchange by a Member and all rights set forth herein shall continue in effect with respect to the remaining Members and, to the extent the Redeeming Member has a remaining Unit following such Redemption or Direct Exchange, the Redeeming Member.
Unless otherwise required by applicable Law, the parties hereto acknowledge and agree that a Redemption or a Direct Exchange, as the case may be, shall be treated as a direct exchange between the Corporation and the Redeeming Member for U.S. federal and applicable state and local income tax purposes.
If a Redeeming Member delays the consummation of a Redemption pursuant to this Section 11.01(d), the Redemption Date shall occur on the fifth (5th) Business Day following the date on which the condition(s) giving rise to such delay ceases to exist (or such earlier day as the Corporation, the Company and such Redeeming Member may agree in writing).
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.
No Redemption or Direct Exchange shall relieve a Redeeming Member of any prior breach of this Agreement by such Redeeming Member.

More Definitions of Redeeming Member

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

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

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

Redeeming Member has the meaning set forth in Section 3.6(a).

Redeeming Member shall have the meaning set forth in Section 13.1.

Redeeming Member has the meaning set forth in Section 11.01(a)(i). “Redemption” has the meaning set forth in Section 11.01(a)(i). “Redemption Date” has the meaning set forth in Section 11.01(a)(i).

Redeeming Member means any Eligible Member and any Tag-Along Member, in each case, participating in a particular Redemption.