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 is defined in Section 3.6(a).

Examples of Redeeming Member in a sentence

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

  • This Agreement shall continue notwithstanding the consummation of a Redemption or Direct Exchange and all governance or other rights set forth herein shall be exercised by the remaining Members and the Redeeming Member (to the extent of such Redeeming Member’s remaining interest in the Company).

  • 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.

  • 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.


More Definitions of Redeeming Member

Redeeming Member has the meaning provided in Section 8.4(a).
Redeeming Member shall have the meaning as set forth in Section 4.2(e)(1).
Redeeming Member has the meaning provided in Section 7.3(a).
Redeeming Member has the meaning set forth in Section 9.1(a) of this Agreement.
Redeeming Member shall have the meaning set forth in Section 13.1.
Redeeming Member means any Eligible Member and any Tag-Along Member, in each case, participating in a particular Redemption.
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).