Offering Member definition

Offering Member has the meaning set forth in Section 10.3(a).

Offering Member has the meaning set forth in Section 4.3(b).

Offering Member has the meaning set forth in Section 9.3(a).

Examples of Offering Member in a sentence

Each time the Offering Member desires to Transfer any of its Units (or applicable Unit Equivalents) (other than Transfers that (i) are permitted by Section 10.2 or (ii) are required to be made by a Member pursuant to Section 10.4), the Offering Member shall first make an offering of the Offered Units to the Company, first, and the ROFO Rightholders, second, all in accordance with the following provisions of this Section 10.3, prior to Transferring such Offered Units to any third party Transferee.
In the event that more than one Member elects to purchase the available Offering Member’s Unit(s), then the available Offering Member’s Unit(s) shall be apportioned amongst the Members in proportion to their respective ownership of Units (calculated without consideration of the ownership of the Offering Member, if applicable).
If the Offering Member shall not transfer the Offered Interest within the Free Transfer Period, his or her right to transfer the Offered Interest free of the foregoing restrictions shall thereupon cease and terminate.
The failure of the Responding Member to duly and timely give a Response Notice shall constitute its election to sell all of its Membership Interest to the Offering Member at the Applicable Price.
The Offering Member shall make the Offer first to the Company by written notice (hereinafter referred to as the “Offering Notice”).

Offering Member shall have the meaning set forth in Section 7.6(b).

Offering Member has the meaning ascribed to it in Article 10(b)(i).

Offering Member shall have the meaning provided in Section 13.3.

Offering Member has the meaning set forth in Section 11.2(a).

Offering Member shall have the meaning set forth in Section 10.02(a) hereof.

Offering Member the meaning set forth in Exhibit G.

Offering Member is defined in Section 11.1(a) hereof.