Examples of Members of Holdings in a sentence
As such, no later than the first Business Day following the Unwinding Date: (i) all property transferred by the Members to the Company and the benefits and burdens of ownership of such property accruing to the Company from the Restructuring Closing Date to Unwinding Date shall be returned and remitted to the Members and the Members shall be readmitted as Members of Holdings with respect to the Membership Interests in Holdings returned and remitted to the Members and the stock of Fund IX Corp.
The Company agrees to record any transfer or distribution of Common Stock from the Trust to the Trust Beneficiaries and any transfer or distribution of Common Stock from Holdings to the Members of Holdings made in accordance with the terms of this Agreement.
In the event that PE does not contribute the Defaulting Amount within such thirty (30) day period, for the twenty (20) days thereafter, the other Members of Holdings, on a pro-rata basis, shall have the option of contributing all, but not less than all, of the Defaulted Amount in exchange for Membership Interests equal to the PE Membership Interest reduction.
Members of Holdings have an economic interest in, and relatives are employed by, the Company’s insurance broker.
Except as specifically provided in Section 6.8 of this Agreement and that Agreement of Certain Matters Among the Members of Holdings executed contemporaneously herewith, the parties shall each be responsible for their own legal expenses and the cost of their consultants, and experts in connection with the negotiation and execution of this Agreement and the other Related Documents.
The Manager of Holdings has determined that the terms of the Share Exchange is fair to and in the best interests of the respective Members of Holdings.
T/SF and each of the Subsidiaries agree to vote as Members of Holdings for the election of the board of managers of Holdings, as determined by T/SF.
Promptly following the dissolution of all of the Liquidating Funds (which the Initial Managing Members shall effect as promptly as reasonably practicable consistent with their fiduciary duties), the Initial Managing Members shall resign as Managing Members of Holdings GP.