Accepting Members definition

Accepting Members has the meaning ascribed thereto in Section 8.3.
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Accepting Members has the meaning set forth in Section 9.02(a)(ii) hereof.
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Accepting Members shall have the meaning set forth in Section 8.2(a).
Sample 1

Examples of Accepting Members in a sentence

  • In practice, implicit strategies do exist, but they have been developed by those involved as they go along in the process.

  • To the extent any Member shall fail to purchase the Applicable Percentage of the Offered Shares prior to the expiration of the Refusal Period, the Members accepting the offer ("Accepting Members") may purchase such Shares on a pro rata basis in proportion to the number of Common Shares owned by each of them.

  • You also realize that you are not entitled to keep the Vehicle after the end of the Lease Term and that any retention of the Vehicle beyond the end of the Lease Term without our consent is a default under the Lease.

  • Staffing of the EOC will be determined by the severity of the situation.

  • If the Approved Sale is structured as a sale of the shares of the Company, each Remaining Member shall agree to sell all shares in the Company then held by such Remaining Member on the terms and conditions approved by the Accepting Members.

  • At such closing, the Liberty Accepting Members shall deliver the purchase price for the IDT Offered Units to the IDT Offeror, and the IDT Offeror shall deliver the IDT Offered Units to the Liberty Accepting Members free and clear of any mortgage, pledge, lien, security interest, claim, restriction, charge or encumbrance of any kind other than those created by the LLC Agreement.

  • Without limiting the generality of the foregoing, and notwithstanding anything else set forth in this Agreement, if an IDT Member proposes to Transfer IDT Offered Units to a Person in a transaction not subject to taxation pursuant to the Code, the purchase and sale of the IDT Offered Units by and to the Liberty Accepting Members, if any, shall be structured, if IDT Corporation so requests, in a manner that such purchase and sale will not be subject to taxation pursuant to the Code.

  • A duly completed and delivered IDT Acceptance Notice shall constitute a binding irrevocable agreement by the IDT Accepting Members to purchase the Liberty Offered Units at their Fair Market Value as provided in this Section 2.1. If an IDT Acceptance Notice meeting the requirements specified above is not delivered within such ten Business Day period, then the IDT Members shall be deemed to have rejected the offer of the Liberty Offered Units.

  • On execution, and irrespective of whether the relevant share certificates have been produced but subject to the transfers being duly stamped, the Secretary will enter the names of the Accepting Members in the register as the holders of the Sale Shares the subject of the Acceptances received and hold the Purchase Price in trust for the Transferor.

  • The Transfer Offer will be allocated among the Members who accept it (the "Accepting Members") in the proportion they mutually agree upon, or, in the absence of agreement, in the ratio that each of the Accepting Members' Percentage Interest, at the time of the Company's receipt of the Transfer Request, bears to the aggregate Percentage Interests, at the time of the Company's receipt of the Transfer Request, of all the Accepting Members.


More Definitions of Accepting Members

Accepting Members shall have the meaning ascribed to such term in Subsection 9.3(e) hereof.
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Related to Accepting Members

  • Participating member means a member who is required to make mandatory contributions by the applicable retirement act to his or her health reimbursement account.

  • Remaining Members has the meaning set forth in Section 11.2.

  • Purchasing Member means a municipal utility which purchases electricity from a municipal electric cooperative association of which it is a member.

  • Founding Members means the collective reference to American Multi-Cinema, Inc., a Missouri corporation, Cinemark Media, Inc., a Delaware corporation, and Regal CineMedia Holdings, LLC, a Delaware limited liability company.

  • Initiating Member shall have the meaning provided in Section 15.2(a).

  • Disposing Member is defined in Section 4.1.

  • Redeeming Member has the meaning set forth in Section 11.01(a).

  • Selling Member has the meaning set forth in Section 10.5(a).

  • Teaching staff member means an employee who holds a position for which a certificate issued by the New Jersey State Board of Examiners is required.

  • Class B Membership Interest means a Class B Membership Interest in Holdings.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Class B Members means the Members holding Class B Units.

  • Other Members has the meaning specified in the recitals to this Agreement.

  • Founding Member means any individual who is either:

  • Panel Member ’ means a member of a panel;

  • Class C Member means a Member holding the Class C Ordinary Share.

  • Transferring Member has the meaning set forth in Section 9.4.

  • Additional Members means those Members, if any, admitted to the Company after the Effective Date.

  • Contributing Member shall have the meaning set forth in Section 3.2(b).

  • Non-Managing Member means any Member other than the Managing Member.

  • Class A Membership Interest means a Class A Membership Interest in Holdings.

  • Non-Voting Member means a member of a Committee or Sub- Committee of the Council who is not a member of the Council and is not entitled to vote on any matter coming before that Committee or Sub- Committee;

  • Exchanging Member means a Member that Exchanges some or all of its Units.

  • Voting Members has the meaning set forth in Section 4.07(b).

  • Other Member means a Voting Member who is not an Eligible Account Holder or a Supplemental Eligible Account Holder.

  • Continuing Member means a member of the Board of Directors of the Company who either (a) was a member of the Company's Board of Directors on the Effective Date and has been such continuously thereafter or (b) became a member of such Board of Directors after the Effective Date and whose election or nomination for election was approved by a vote of the majority of the Continuing Members then members of the Company's Board of Directors.