Exercising Member definition

Exercising Member has the meaning set forth in Section 9.01(e).

Exercising Member has the meaning set forth in Section 9.1(f). “Fair Market Value” means:

Exercising Member has the meaning set forth in Section 5.5(c).

Examples of Exercising Member in a sentence

• Each Exercising Member shall deliver to the Company the purchase price for the New Securities purchased by it by certified or bank check or wire transfer of immediately available funds.

• Each Exercising Member shall deliver to the Company or the applicable Company Subsidiary, as applicable, the purchase price for the New Securities purchased by it by certified or bank check or wire transfer of immediately available funds.

• The Company or the applicable Company Subsidiary, in the discretion of the Board, may deliver to each Exercising Member certificates evidencing the New Securities.

• The delivery of the Redemption Notice by the Exercising Member shall constitute an irrevocable commitment by Cordish to transfer and deliver, and the Company to purchase and redeem, all of the Cordish LLC Interests for the Cordish Liquidation Amount.

• The Company, in the discretion of the Board pursuant to Section 3.06(a), may deliver to each Exercising Member certificates evidencing the New Securities.

More Definitions of Exercising Member

Exercising Member means either (i) in the case of an event described in Section 11.1(c) or Section 11.1(d), the Member that may elect a dissolution and winding up of the Company or (ii) in the case of an event described in Section 11.1(f), the Member that did not elect a dissolution and winding up of the Company.

Exercising Member has the meaning given that term in Section 15.2.

Exercising Member has the meaning set forth in Section 3.14(b).

Exercising Member means either (i) in the case of an event described in Section 10.1(c), the Member that may elect a dissolution and winding up of the Company or (ii) in the case of an event described in Section 10.1(e), the Member that did not elect a dissolution and winding up of the Company.

Exercising Member is defined in Section 11.6(a).

Exercising Member has the meaning set forth in Section 7.3.4 of this Agreement.

Exercising Member has the meaning set forth in Section 2.9(b). “Existing LLC Agreement” has the meaning set forth in the Preamble.