Examples of Membership Purchase Agreement in a sentence
In the case of a married couple, only one spouse will be deemed to be the Member as designated on the Membership Purchase Agreement.
On October 22, 2014, the closing of the Membership Purchase Agreement, Premier Holding Corp.
I further acknowledge that I have the right to consult with an attorney in connection with the execution of this Membership Purchase Agreement, and that I have consulted with an attorney to the extent I believe such advice is necessary.
Pursuant to the Membership Purchase Agreement, the Company exercised its right to nominate one board member to Premier’s board of directors.
On February 8, 2019, the Company, the Company entered into a Membership Purchase Agreement (“Agreement”) with Oklahoma Venture Group LLC (“Oklahoma”), a Oklahoma State limited liability company in exchange for a commitment to advance up to US$2,500,000 to Oklahoma for equipment purchase and retro-fit upgrades of the licensed cannabis greenhouse complex in return for a 49% interest.
On June 4, 2018, the Company, the Company entered into a Membership Purchase Agreement (“Agreement”) with Wheeler Park Properties LLC (“Wheeler”), a Washington State limited liability company in exchange for a commitment to advance up to US$2,500,000 to Wheeler for equipment purchase and retro-fit upgrades of the licensed cannabis greenhouse complex in return for a 30% interest.
This note, plus accrued interest of $30,844, was paid on October 22, 2014, the closing of the Membership Purchase Agreement (see Note 8).Pursuant to the LESA (see Note 3), Notes Payable includes financed collateral postings and marketing program balances of $279,543 and $498,360, respectively, as of September 30, 2014 and $90,987 and $498,360, respectively, as of December 31, 2013.
This note, plus accrued interest of $30,844, was paid on October 22, 2014, the closing of the Membership Purchase Agreement (see Note 11)As of December 31, 2013 notes payable in the amount of $589,347 includes financed collateral postings and marketing program balances of $90,987 and $498,360, respectively, and as of December 31, 2012 notes payable in the amount of $78,290 pertains to only financed collateral postings, pursuant to the LESA (see Note 5).
If the Membership Purchase Agreement is not acted upon favorably, the candidate’s payment will be returned without any interest thereon within ten (10) days.
Although Dektrix told Plaintiff of this termination approximately one month after it signed the Membership Purchase Agreement and had paid Dektrix $350,000, Dektrix represented to AMP that it was a “short- term” problem.