Applicable Member definition

Applicable Member means any Member to whom any portion of a Realized Tax Benefit may be Attributable under this Agreement.

Applicable Member means a Member holding less than a Marketable Parcel of shares in the Company;

Applicable Member means in respect of that portion of any Tax Benefit Payment that relates to an Exchange or a deemed Exchange pursuant to clause (5) of the definition of “Valuation Assumptions,” the Exchanging Member or Member deemed to Exchange, as applicable.

Examples of Applicable Member in a sentence

• To the extent that amounts are so withheld and paid over to the appropriate Taxing Authority by the Corporation, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the Applicable Member.

• Each such Tax Benefit Payment shall be made by wire transfer of immediately available funds to a bank account of the Applicable Member previously designated by such Member to the Corporation.

• Such payment shall be made by wire transfer of immediately available funds to a bank account designated by the Applicable Member.

• The Expert shall finally determine any Reconciliation Dispute and the determinations of the Expert pursuant to this Section 7.09 shall be binding on the Corporation and the Applicable Member and may be entered and enforced in any court having jurisdiction.

• The Corporation shall reimburse the Applicable Member for any reasonable third-party costs and expenses incurred pursuant to this Section 6.03.

More Definitions of Applicable Member

Applicable Member means a Member holding less than a Marketable Parcel in the Company; "Notice Date" means the date on which the Company sends to an Applicable Member

Applicable Member means a Member holding less than a Marketable Parcel in the Company;

Applicable Member means a Member holding less than a Marketable Parcel of shares in the Company; the "Notice Date" means the date on which the Company sends to an Applicable Member notification of

Applicable Member means any Member that becomes entitled to payments under this Agreement by reason of an Exchange by such Member.

Applicable Member has the meaning given to such term in the Xxxxx XX LLC Agreement as of the date hereof.

Applicable Member has the meaning set forth in Section 10.3(a).

Applicable Member means a Member, deferred vested member or Retired Member (as the case may be) of the Plan who is the Spouse or former Spouse of the Limited Member and in respect of whose benefits the Limited Member acquired his or her status as a Limited Member.