Failing Member definition

Failing Member. Section 3.5.3;
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Failing Member has the meaning set forth in Section 4.5 hereof.
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Failing Member shall have the meaning set forth in Section 5.04 herein.
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Examples of Failing Member in a sentence

  • An Electing Member that elects to fund a Call Deficiency may do so by either making a loan to the Failing Member in accordance with Section 7.3(a)(i), or making an Additional Capital Contribution pursuant to Section 7.3(a)(ii) (a “Deficiency Capital Contribution”).


More Definitions of Failing Member

Failing Member is defined in Section 7.3(a).
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Failing Member is defined in Section 4.2.
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Failing Member has the meaning set forth in Section 7.5 hereof.
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Failing Member is defined in Section 2.2(b).
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Failing Member shall have the meaning given to it in Section 3.2(b).
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Related to Failing Member

  • Presiding Member means the presiding member of a committee or the deputy presiding member, or a member of the committee when performing a function of the presiding member in accordance with the Act;

  • 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.

  • Full Member means any person who is in one of the categories of membership referred to in Rule 10.3.

  • Active member means a member of the pension program or the individual account program

  • Transferring Shareholder has the meaning set forth in Section 5.2(a).

  • Managing Member means CEF Equipment Holding, L.L.C., a Delaware limited liability company or any successor Managing Member under the Issuer Limited Liability Company Agreement.