Entire Membership definition
Examples of Entire Membership in a sentence
The buying Member shall be obligated to purchase and the selling Member shall obligated to sell the selling Member’s Entire Membership Interest for the Buy-Out Price or Sell-Out Price and on the other terms in the Buy-Sell Election Notice.
The TWC Member and Promote Member grant to the Condor Member an option (“Option”) to purchase both of their Entire Membership Interests (collectively, the “Optioned Interests”) (for the sake of clarity, the Condor Member must exercise the option for both Entire Membership Interests), exercisable solely during the period commencing on the third (3rd) anniversary of the Closing Date and ending on the fifth (5th) anniversary of the Closing Date.