Preferred Member definition

Preferred Member means a Member holding Preferred Units.

Preferred Member means each Person admitted to the Company as a Preferred Member whose name is set forth on Schedule I hereto as a Preferred Member with respect to Preferred Units held by such Person, and any other Person admitted as an additional or substitute Preferred Member, so long as such Person remains a Preferred Member.

Preferred Member means a Member holding Preferred Shares of the Company.

Examples of Preferred Member in a sentence

• In connection with any disclosure described in clause (iv) or (v) above, the disclosing Preferred Member shall cooperate with the Company in seeking any protective order or other appropriate arrangement as the Board of Managers may request.

• To see a Provider, call his or her office and tell the Provider that You are a DentalGuard Preferred Member, and explain the reason for Your visit.

• Prior to making any disclosure described in clause (iv) or (v) of this Section 7.07(a), a Preferred Member (other than the FRBNY or any Permitted Transferee thereof) shall notify the Board of Managers of such disclosure and of such advice of counsel.

• Each Preferred Member (other than the FRBNY or any Permitted Transferee thereof) shall use all reasonable efforts to cause each of its Authorized Representatives to comply with the obligations of such Preferred Member under this Section 7.07(a).

• The Board of Managers shall not take any tax position, make or change any tax election or otherwise take any action in connection with the Company’s tax matters that could reasonably be expected to be materially adverse to any Preferred Member (including, without limitation, any material reduction of such Preferred Member’s return on its Preferred Interest) without the consent of such Preferred Member which consent shall not be unreasonably withheld, delayed or conditioned.

More Definitions of Preferred Member

Preferred Member means any Member that is the Holder of a Preferred Interest.

Preferred Member means a Person in whose name a Junior Preferred Membership Interest or a Senior Preferred Membership Interest is registered in the Register.

Preferred Member has the meaning set forth in Section 2.9.

Preferred Member means a Member that holds one or more Preferred Securities.

Preferred Member has the meaning set forth in the opening paragraph of this Agreement.

Preferred Member has the meaning set forth in the introductory paragraph.

Preferred Member means each Preferred Holder which is a Member.