Assigning Member definition

Assigning Member means a Member who by means of a Transfer has transferred an Economic Interest in the Company to an Assignee.
Sample 1Sample 2Sample 3
Assigning Member means a Member who has transferred a Percentage Interest in the Company to an Assignee.
Sample 1Sample 2Sample 3
Assigning Member means a Member that has transferred or otherwise assigned its Membership Interest in the Company to another Person.
Sample 1Sample 2

Examples of Assigning Member in a sentence

  • Each Member will Vote in proportion to the Member’s Percentage Interest as of the governing record date, determined in accordance with Section 7.2. If a Member has assigned all or part of the Member’s Economic Interest to a person who has not been admitted as a Member, the Assigning Member will Vote in proportion to the Percentage Interest that the Assigning Member would have had if the assignment had not been made.

  • In the case of a Transfer of an Economic Interest during any fiscal year, the Assigning Member and Assignee shall each be allocated the Economic Interest’s share of Profits or Losses based on the number of days each held the Economic Interest during that fiscal year.

  • Due to de-allocation of Gare Pelma IV/1 and other mines, the company is facing difficulties in disposal of unutilised flyash and in sourcing of middlings and coal fines.

  • Each Member shall Vote in proportion to the Member’s Percentage Interest as of the governing record date, determined in accordance with Section 7.2. If a Member has assigned all or part of the Member’s Economic Interest to a person who has not been admitted as a Member, the Assigning Member shall Vote in proportion to the Percentage Interest that the Assigning Member would have had, if the assignment had not been made.

  • Without limiting the generality of the foregoing, the successor(s)- in-interest of the Assigning Member shall have only the rights to the allocations provided in the article entitled "Allocation of Income and Losses" and the distributions provided in the article entitled "Distributions and Withdrawals".


More Definitions of Assigning Member

Assigning Member means a Member who has assigned his or her membership interest.
Sample 1Sample 2
Assigning Member is defined in Section 11.4(a).
Sample 1Sample 2
Assigning Member has the meaning set forth in Section 5.1.2.
Sample 1Sample 2
Assigning Member means a Member who by means of a Transfer has assigned or otherwise caused an Economic Interest in the Company to be transferred to an Assignee.
Sample 1
Assigning Member has the meaning set forth in Section 9.3 hereof.
Sample 1
Assigning Member has the meaning set forth in Section 5.1.2. BANK INDEBTEDNESS - means (A) revolving Indebtedness in a principal amount not to exceed $150 million in the aggregate outstanding at any time by the Company in connection with providing working capital for the Company, (B) term loan Indebtedness in a principal amount not to exceed $50 million in the aggregate outstanding at any time by the Company, and (C) any refinancing of such Indebtedness with a bank or other financial institution, provided that, without the written consent of the holders of a Majority of the AGM Interest, the maximum amount of Indebtedness permitted to be incurred in any such refinancing does not increase over the maximum amount of Indebtedness outstanding immediately prior to such refinancing, and the terms and conditions of such refinancing do not materially adversely affect the holders of the AGM Interest.
Sample 1
Assigning Member has the meaning set forth in Section 8.03(b) of this Agreement.
Sample 1