Sole Member definition

Sole Member means the Person listed on Schedule A hereto, as amended from time-to-time, who owns the sole Membership Interest in the Company upon such terms and conditions as provided in this Agreement and under the Act.
Sole Member has the meaning assigned to such term in the introductory paragraph of this Agreement.
Sole Member. Schedule IV

Examples of Sole Member in a sentence

  • All amounts paid by the Counterparty under any Interest Rate Cap Agreement to Sole Member or Lender shall be deposited promptly into the Clearing Account.

  • If no Cash Management Period then exists, Clearing Bank shall transfer to such account(s) of Sole Member or Borrower as such parties shall determine in immediately available funds by Federal wire transfer all amounts on deposit in the Clearing Account once every Business Day.

  • Without limitation on the foregoing, any Rents actually received by Borrower or Sole Member shall be deposited into the Clearing Account by Borrower or Manager within five (5) Business Days following receipt thereof by such party.

  • Notwithstanding the foregoing, L▇▇▇▇▇ acknowledges and agrees that Sole Member shall have the right, in lieu of delivering a new Alternate Rate Index Cap Agreement or replacement Interest Rate Cap Agreement to satisfy the foregoing, to modify the then-existing Interest Rate Cap Agreement so that it satisfies the applicable conditions set forth herein.

  • Subject to terms hereof, provided that no Event of Default has occurred and is continuing, Sole Member shall be entitled to exercise all rights, powers and privileges of Sole Member under, and to control the prosecution of all claims with respect to, any Interest Rate Cap Agreement and the other Rate Cap Collateral.


More Definitions of Sole Member

Sole Member means CheckSmart Financial Company, a Delaware corporation, or any Person that acquires all of the equity interests of the Company from CheckSmart Financial Company.
Sole Member is defined in the introductory paragraph.
Sole Member means Direct Financial Solutions, LLC, a Delaware limited liability company, or any Person that acquires all of the equity interests of the Company from Direct Financial Solutions, LLC.
Sole Member has the meaning set forth in the Recitals.
Sole Member shall have the meaning assigned to such term in the preamble hereto.
Sole Member means Inland Western Retail Real Estate Trust, Inc., a Maryland corporation.
Sole Member means Inland Western Retail Real Estate Trust, Inc.