Offeree Member definition

Offeree Member has the meaning set forth in Section 11.3(a).
Offeree Member shall have the meaning specified in Section 6.06(b).
Offeree Member has the meaning set forth in Section 6.2(b).

Examples of Offeree Member in a sentence

  • If an Offeree Member fails to deliver its/his acceptance notice within the prescribed time, such Offeree Member shall be deemed to have rejected the Transfer Offer.

  • Delivery of the Purchase Notice by the Offeree Member shall constitute an irrevocable election by the Offeree Member to purchase the Offered Interest for the consideration and on the other terms and conditions set forth above.

  • The party which shall send the first Buy-Sell Notice shall be deemed to be the Offeror Member Group and shall have all rights and obligations of the Offeror Member Group and the recipient of such first sent Buy-Sell Notice shall be deemed to be the Offeree Member Group and shall have all rights and obligations of the Offeree Member Group.

  • If at the end of the Notice Period the Offeree Member shall not have given a Purchase Notice with respect to the Offered Interest, the Offeree Member will be deemed to have waived its rights under this section 8.02(d) with respect to the Disposition contemplated by the Transfer Notice.

  • If any Offeree Member (a "Declining Member") declines to purchase all or any part of its pro rata portion of the Offered Units, the non-Declining Members may purchase the declined Offered Units on a pro rata basis.


More Definitions of Offeree Member

Offeree Member has the meaning set forth in Section 8.1.
Offeree Member shall have the meaning set forth in Section 9.3(a).
Offeree Member is defined in Section 2.9(b).
Offeree Member. As defined in Section 10.02(a).
Offeree Member is defined in Paragraph 7.2.1.
Offeree Member means the Member who is not the Offeror Member.
Offeree Member s Acceptance Notice" 7.1