(uuu) definition
(uuu). Unit Holder" means a Person who owns Units of the Company but who is not a Member, including, except as otherwise provided herein, a Member who becomes a Withdrawn Member. (vvv) "Withdrawal Event" means the occurrence of any of the following events: a. A Member voluntarily withdraws from the Company; b. A Member does any of the following: i. Makes an assignment for the benefit of creditors; ii. Files an voluntary petition in bankruptcy; iii. Is adjudicated as bankrupt or insolvent; iv. Files a petition or answer seeking the Member's own reorganization, arrangement, composition, readjustment, liquidation, or similar relief under any statute, law, or rule; v. Files an answer or other pleading admitting or failing to contest the material allegations of a petition field against the Member in a bankruptcy, insolvency, reorganization, or similar proceeding; vi. Seeks, consents, or acquiesces in the appointment of a trustee, receiver, or liquidator of the Member or any substantial part of the Member's property; c. If such Member is a natural person: (i) such Member's death; or (ii) entry of an order or judgment by a court of competent jurisdiction adjudicating such Member incompetent to manage such Member's affairs or estate, such as an order appointing a conservator for such Member; d. If such Member is acting as a Member by virtue of being a trustee of a trust, the termination of the trust, but not merely the substitution of a new trustee; e. If such Member is a general or limited partnership, the dissolution and winding up of the partnership; f. If such Member is a corporation, the filing of articles of termination, certificate of dissolution, or its equivalent for the corporation or revocation of its charter; g. If such Member is an estate, the distribution by the fiduciary of the estate's entire interest in the Company; h. If such Member is a limited liability company, the filing of articles of dissolution or termination or their equivalent for the foreign or domestic limited liability company. (www) "Withdrawn Member" means a Member following the occurrence of a Withdraw Event with respect to that Member (xxx) "Withdrawal Notice" is defined in Article 10.4(a), ARTICLE II
(uuu). Newco" has the meaning set forth in the first paragraph hereof.
(uuu). Unit" means the economic interest in the Company acquired by a Member or unit Holder representing the economic rights of a member or Unit Holder and the Member's or Unit Holder's permitted assignees and successors to share in the distributions of cash and other property from the Company pursuant to the Act and this Agreement, together with the Member's or Unit Holder's distributive share of the Company's Profits and Losses. (vvv) "Unit Holder" means a Person who owns Units of the Company but who is not a Member, including, except as otherwise provided herein, a Member who becomes a Withdrawn Member. (www) "Withdrawal Event" means the occurrence of any of the following events: a. A Member voluntarily withdraws from the Company; b. A Member does any of the following: i. Makes an assignment for the benefit of creditors; ii. Files an voluntary petition in bankruptcy; iii. Is adjudicated as bankrupt or insolvent; iv. Files a petition or answer seeking the Member's own reorganization, arrangement, composition, readjustment, liquidation, or similar relief under any statute, law, or rule; v. Files an answer or other pleading admitting or failing to contest the material allegations of a petition field against the Member in a bankruptcy, insolvency, reorganization, or similar proceeding; vi. Seeks, consents, or acquiesces in the appointment of a trustee, receiver, or liquidator of the Member or any substantial part of the Member's property; c. If such Member is a natural person: (i) such Member's death; or (ii) entry of an order or judgment by a court of competent jurisdiction adjudicating such Member incompetent to manage such Member's affairs or estate, such as an order appointing a conservator for such Member; d. If such Member is acting as a Member by virtue of being a trustee of a trust, the termination of the trust, but not merely the substitution of a new trustee; e. If such Member is a general or limited partnership, the dissolution and winding up of the partnership; f. If such Member is a corporation, the filing of articles of termination, certificate of dissolution, or its equivalent for the corporation or revocation of its charter; g. If such Member is an estate, the distribution by the fiduciary of the estate's entire interest in the Company; h. If such Member is a limited liability company, the filing of articles of dissolution or termination or their equivalent for the foreign or domestic limited liability company. (xxx) "Withdrawn Member" means a Memb...
More Definitions of (uuu)
(uuu). Replacement Reserve Account" has the meaning set forth in Section
(uuu). Person" means an individual, corporation, partnership, limited liability company, joint venture, association, trust, unincorporated organization or other entity.
(uuu). SECOND FIXTURE DATE" means the day which is the Second Fixture Date pursuant to the Share Purchase Agreement.
(uuu). “Prime Rate” means, for any day of determination, the fluctuating rate per annum equal to the "Prime Rate" listed daily in the "Money Rates" section of The Wall Street Journal on such day (or if such day is not a Business Day, the preceding Business Day), or if The Wall Street Journal is not published on a particular Business Day, then, the "prime rate" published in any other national financial journal or newspaper selected by Prepay LLC in its reasonable judgment, and if more than one such rate is listed in the applicable publication, the highest rate shall be used; any change in the Prime Rate shall take effect on the date specified in the announcement of such change.
(uuu). Standard Repeater" means a terrestrial repeater that has an RF power of 200 ▇▇▇▇▇ evenly divided between two (2) MCM carriers, as further described in Exhibit A (Design Specifications). Standard Repeater collectively refers to both Standard Non-Redundant Repeaters and Standard Sectored Non- Redundant Repeaters.
(uuu). Second Closing" has the meaning specified in Section 2.9(a).
(uuu). Working day”" means any day other than a Saturday, Sunday, or day designated as a holiday by the United States congress or the Kansas legislature or governor. (Authorized by K.S.A. 39-932; implementing K.S.A. 2009 Supp. 39-923 and K.S.A. 39-932;