Forfeiting Member definition
Forfeiting Member shall have the meaning set forth in Section 5.1(i)(ii)(2).
Forfeiting Member has the meaning set forth in Section 12.2.
Examples of Forfeiting Member in a sentence
Upon the occurrence of a Forfeiture Event with respect to a Member (the “Forfeiting Member”), all of the Forfeiting Member’s Profit Units shall be forfeited to the Company for no consideration without further action by the Forfeiting Member or the Company.