Funding Members definition

Funding Members as defined in 3.11[a].
Sample 1Sample 2Sample 3
Funding Members has the meaning for such term set forth in Section 6.3.
Sample 1Sample 2Sample 3
Funding Members means the Westxxxxx Xxxbers, Alter Member and Biederman Member.
Sample 1Sample 2

Examples of Funding Members in a sentence

  • This Finance Agreement shall be amended only by the written agreement of all Parties who continue to be Funding Members at the time any such amendment is undertaken.

  • The presented PIV results illustrate several limitations to the measurement technique.

  • As of the Funding Date, the Capital Contributions made by the DIP Loan Funding Members and the True-Up Members in accordance with this Section 3.1(h)(iv) shall be deemed Invested Capital and a Capital Contribution and included in the Capital Account of such DIP Loan Funding Member or True-Up Member.

  • Class B Units will also be issued to the Funding Members as provided in Section 3.4(c) to the extent such Funding Members make any Additional Capital Contributions to the Company as provided in Section 6.1(b).

  • The adjustment described in this 3.11[d] will be made by increasing the Funding Member's Ownership Interest and decreasing the Ownership Interests of the other Members in proportion to their relative Ownership Interests.

  • Funding: Members are encouraged to mobilize their own resources to participate in these meetings also by requesting support to the respective electoral groups.

  • Funding: Members are encouraged to contribute to the organization of GMs and to mobilizeresources to support their own and other members’ participation.

  • The Ownership Interest of each Member that is not a Funding Member will be reduced by an amount equal to the total increase in the Ownership Interests of the Funding Members multiplied by the ratio of such non-Funding Member's Ownership Interest to the aggregate Ownership Interests of all non-Funding Members (prior to adjustment under this sentence).

  • Second, the Non-Funding Member's Percentage Interest shall be reduced, and the Funding Member's Percentage Interest shall be increased, to reflect each Member's percentage of the total contributions made by both Members as of the Percentage Interest Adjustment Date.

  • Funding Members of the Arkansas Public EmployeesRetirement System (APERS) first hired on or after July 1, 2005 contribute 5% of their pre-tax salary to the System.


More Definitions of Funding Members

Funding Members shall have the meaning given such term in Section 4.2.
Sample 1Sample 2
Funding Members is defined in Section 7.3(a).
Sample 1Sample 2
Funding Members means the Xxxxxxxxx Members, Alter Member and --------------- Xxxxxxxxx Member.
Sample 1

Related to Funding Members

  • 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.

  • Founding Member means any individual who is either:

  • Class A Members means those Members who have purchased Class A Interests.

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

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

  • Defaulting Member the meaning set forth in Section 3.2(a).

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

  • Preferred Member means a Member holding Preferred Units.

  • Members’ Percentage Interests means the ownership percentage interests as mentioned in Section I of this Agreement. During each fiscal year, the net profits and net losses of the Company (other than from capital transactions), and each item of income, gain, loss, deduction, or credit entering into the computation thereof, shall be credited or charged, as the case may be, to the capital accounts of each Member(s) in proportion to the Members' Percentage Interests. The net profits of the Company from capital transactions shall be allocated in the following order of priority: (a) to offset any negative balance in the capital accounts of the Member(s) in proportion to the amounts of the negative balance in their respective capital accounts, until all negative balances in the capital accounts have been eliminated; then (b) to the Member(s) in proportion to the Members’ Percentage Interests. The net losses of the Company from capital transactions shall be allocated in the following order of priority: (a) to the extent that the balance in the capital accounts of any Member(s) are in excess of their original contributions, to such Member(s) in proportion to the excess balances until all such excess balances have been reduced to zero; then (b) to the Member(s) in proportion to the Members’ Percentage Interests. The cash receipts of the Company shall be applied in the following order of priority: (a) to the payment of interest or amortization on any mortgages on the assets of the Company, amounts due on debts and liabilities of the Company other than those due to any Member(s), costs of the construction of the improvements to the assets of the Company and operating expenses of the Company; (b) to the payment of interest and establishment of cash reserves determined by the Member(s) to be necessary or appropriate, including without limitation, reserves for the operation of the Company’s business, construction, repairs, replacements, taxes and contingencies; and (d) to the repayment of any loans made to the Company by any Member(s). Thereafter, the cash receipts of the Company shall be distributed among the Member(s) as hereafter provided. Except as otherwise provided in this Agreement or otherwise required by law, distributions of cash receipts of the Company, other than from capital transactions, shall be allocated among the Member(s) in proportion to the Members’ Percentage Interests. Except as otherwise provided in this Agreement or otherwise required by law, distributions of cash receipts from capital transactions shall be allocated in the following order of priority: (a) to the Member(s) in proportion to their respective capital accounts until each Member(s) has received cash distributions equal to any positive balance in their capital account; then (b) to the Member(s) in proportion to the Members' Percentage Interests. It is the intention of the Member(s) that the allocations under this Agreement shall be deemed to have “substantial economic effect” within the meaning of Section 704 of the Internal Revenue Code and Treas. Reg. Section 1.704-1. Should the provisions of this Agreement be inconsistent with or in conflict with Section 704 of the Code or the Regulations thereunder, then Section 704 of the Code and the Regulations shall be deemed to override the contrary provisions thereof. If Section 704 of the Regulations at any time require that limited liability company operating agreements contain provisions which are not expressly set forth herein, such provisions shall be incorporated into this Agreement by reference and shall be deemed a part of this Agreement to the same extent as though they had been expressly set forth herein.

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

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

  • 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.

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

  • 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.

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

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

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

  • Majority in Interest of the Members means Members whose Percentage Interests aggregate to greater than fifty percent of the Percentage Interests of all Members.

  • Trading Member means a Person who has been approved by Nadex to trade directly and not through a FCM Member on the Market, and does not include any FCM Member.

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

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

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

  • Majority in Interest of the Partners means Partners holding in the aggregate Percentage Interests that are greater than fifty percent (50%) of the aggregate Percentage Interests of all Partners entitled to Consent to or withhold Consent from a proposed action.

  • 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;

  • General Partner Loan has the meaning provided in Section 5.2(c) hereof.

  • Principal Funding Investment Proceeds means, with respect to each Transfer Date, the investment earnings on funds in the Principal Funding Account (net of investment expenses and losses) for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date.