Common use of Delinquent Member Clause in Contracts

Delinquent Member. A Member or Assignee who has failed to meet the Commitment of that Member or Assignee.

Appears in 3 contracts

Samples: Investors Real Estate Trust, Limited Liability Company Operating Agreement (Charter Equipment Lease 1998-1 LLC), Limited Liability Company Operating Agreement (Charter Equipment Lease 1998-1 LLC)

AutoNDA by SimpleDocs

Delinquent Member. A Member or Assignee who has failed to meet the Commitment of that Member or of Assignee.

Appears in 1 contract

Samples: Operating Agreement (Fibermark Office Products LLC)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!