Examples of Membership Assignment in a sentence
Buyer hereby agrees to accept the transfer of the Membership Interests from Xxxxxxxx Member pursuant to an Assignment of Membership Interests substantially in the form attached to this Agreement as Exhibit K (the “Membership Assignment”), on the condition that Seller shall cause Xxxxxxxx Member to execute such Membership Assignment and deliver the same into Escrow (defined below) prior to the Closing.
Except for the Membership Interests owned by PBF LLC and assigned to PBF Member in connection with the Membership Assignment, there are no issued and outstanding Member Interests in the Company as of immediately prior to Closing.
Membership Assignment" shall have the meaning set forth in Section 4.1.
However, if the Use Week of the Permanent Membership specified in an Original Membership Assignment has not already occurred as of the date of the Original Membership Assignment, then Basic Assessment for such Permanent Membership shall be paid by the Permanent Member who owns such Permanent Membership.
Step 3: Use Membership Assignment (or Similar) to Determine Distributions at the Organizational Level Once Steps 1 and 2 are complete, the CGHC will distribute the funds based on assigned membership (for PCPs and DCOs), proportion of the CCO population served (for county Public Health departments and community mental health), or FTE representation (OB-GYNs).
A creditworthy Affiliate of FL Triggering Member shall join the Membership Assignment to guaranty that each of the representations and warranties set forth therein are true, correct and complete.
The entering into and performance by Seller of the purchase and sale transaction contemplated by this Agreement will not violate or breach any agreement, covenant or obligation binding on Seller, and the entering into and performance by Xxxxxxxx Member of the Membership Assignment contemplated by this Agreement will not violate or breach any agreement, covenant or obligation binding on Xxxxxxxx Member.
The provisions of this Article 11 and the provisions of Sections 2.7, 3.1(b), 3.1(c), 3.2(b), 3.3, 3.7, 4.1, 4.2, 4.3(h), 4.4, 4.5, 4.6, 4.7, 5.1, 5.2, 5.4, and 10.1 shall survive the Closing to the extent (and subject to any specific limitations) provided in this Agreement and any earlier termination of this Agreement and shall not be merged into the execution and delivery of the Membership Assignment.
Agreements A duly executed xxxx of sale, assignment, and assumption agreement in the form attached to this Agreement as Exhibit H (the “Xxxx of Sale, Assignment and Assumption Agreement”) and a duly executed Membership Assignment.
Pursuant to the terms of the agreement entitled Agreement for Assignment of a Membership Interest in Little Ajax II LLC dated as of July ___, 2014 (the “Membership Assignment Agreement”) by and among Assignor and certain other members of the LLC identified in the Membership Assignment Agreement as Sellers and Great Ajax Corp., and for the consideration described in the Membership Assignment Agreement, Assignor herby assigns to Great Ajax Corp.