Examples of Owner Member in a sentence
Each Employer may designate no more than two (2) owners, partners or a person’s holding proprietary interest in the business as an Owner Member of the Union, said individuals shall become Owner Members of the Union.
The Borrower shall have provided the Administrative Agent with all documents reasonably requested by the Administrative Agent related to the Solar Assets being financed by the Borrower (indirectly through its ownership of the Solar Asset Owner Member Interests) on such Funding Date.
Owner Member Dues shall be payable to the Local Union on a quarterly basis.
Xxxxxx Owner and Hersha Owner Member each are a wholly owned subsidiary of Hersha Hospitality Limited Partnership, a Virginia limited partnership (the “Hersha OP”), and are disregarded entities of the Hersha OP for federal income tax purposes, and Hersha Lessee and Hersha Lessee Member each are a wholly owned subsidiary of 44 New England Management Company, a Virginia corporation (the “Hersha TRS”), and are treated as disregarded entities of the Hersha TRS for federal income tax purposes.
The Administrative Agent shall have received a certificate from the Borrower that all sales, use and property taxes, and any other taxes in connection with any period prior to the Original Closing Date, that are due and owing with respect to each Solar Asset and/or Solar Asset Owner Member Interest have been paid or provided for by the Parent.