Offeror Member definition

Offeror Member has the meaning set forth in Section 8.4(a).

Offeror Member shall have the meaning set forth in Section 11.03(a).

Offeror Member. As defined in Section 10.02(a).

Examples of Offeror Member in a sentence

• 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.

• A Third Party Offer may not contain provisions related to any property of the Offeror Member other than the Membership Interests held by the Offeror Member; provided, however, that the Company and any Member, as the case may be, shall always have the right to pay the consideration payable pursuant to this Section 8.4, Section 8.5 or Section 8.6 (regardless of the form of consideration paid by any other accepting offeree of the Third Party Offer) in the form of U.S. dollars.

• If the Offeree Member shall elect in the Buy/Sell Response Notice to sell its Interest to the Offeror Member, within 10 days following the Offeror Member's receipt of the Buy/Sell Response Notice, the Offeror Member shall deliver to the Buy/Sell Escrow Agent the Buy/Sell Deposit.

• The Buy/Sell Offer Notice and the Buy/Sell Response Notice (or deemed response) shall constitute a binding agreement of purchase and sale between the Offeree Member and the Offeror Member in accordance with the terms hereof.

• Upon delivery of the purchase price, the Offeror Member shall have no further rights as holder of the Offered Class I Units so purchased.

More Definitions of Offeror Member

Offeror Member is defined in Section 15.01(a).

Offeror Member means in the case of (1) a Buy/Sell Event described in (A) above, the non defaulting Member, (2) a Replacement Event, IHP, (3) the failure of the Members to agree upon a Major Decision or the failure of the Members to fund Additional Capital, either

Offeror Member is defined in Section 7.2.

Offeror Member is defined in Section 7.9. -------

Offeror Member. A-U defined in Section 9.02(b). Percentage Interest; On any date, the amount of a Member's paid Capital Contribution as a percentage of the total paid Capital Contributions from the Formation Date through the date of such calculation, subject. however, to the provisions of Sections 5.02(b)(ii) and 5.03(b)(vi).

Offeror Member shall have the meaning set forth in Section 6.3(c).

Offeror Member has the meaning set forth in Section 4.1(c).