Withdrawn Member definition
Withdrawn Member means a Member whose interest in the Company has been terminated for any reason, including the occurrence of an event specified in Section 6.2, and shall include, unless the context requires otherwise, the estate or legal representatives of any such Member.
Withdrawn Member means a Member following the occurrence of a Withdrawal Event with respect to such Member.
Withdrawn Member is a member who is bankrupt, has resigned, has dissolved or has retired (a “Withdrawal Event”). Upon a Withdrawal Event, the Withdrawn Member or any successor in interest to the Withdrawn Member shall automatically become an Assignee of the Withdrawn Member’s Membership Interest in the Company.
Examples of Withdrawn Member in a sentence
Except as set forth in Section 9.03(g), the Unreturned Contribution Percentage of such Withdrawn Member shall not be taken into account in calculating the Unreturned Contribution Percentages of the remaining Members for any purposes of this Agreement.
All Confidential Information retained pursuant to this Section 3.08 shall not be accessed by the Withdrawn Member during such period of retention other than as permitted under this Section 3.08.
From the date of the Withdrawal to the date on which the Company is dissolved and its affairs wound up in accordance with ARTICLE 11, the former Capital Account balance of the Withdrawn Member shall be recorded as a contingent obligation of the Company, and not as a Capital Account.
More Definitions of Withdrawn Member
Withdrawn Member means a Member that is deemed to have Withdrawn pursuant to Section 10.03.
Withdrawn Member has the meaning set forth in Section 10.03. Other terms defined herein have the meanings so given them.
Withdrawn Member has the meaning assigned that term in Section 10.03.
Withdrawn Member means a Person who ceases to be a member of Ares Partners Holdco.
Withdrawn Member has the meaning set forth in Section 6.5(a).
Withdrawn Member means a Regular Member whose GP-Related Member Interest or Capital Commitment Member Interest in the Company has been terminated for any reason, including the occurrence of an event specified in Section 6.2, and shall include, unless the context requires otherwise, the estate or legal representatives of any such Member.
Withdrawn Member means a Member whose Interest in the Company has been terminated for any reason.