Rollover Member definition

Rollover Member means SWP Property Holdings, LP or another single purpose Delaware limited liability company or limited partnership, owned solely by Investors (as such term is defined in the Reorganization Plan) and other Persons who have provided services to Stayton or the Investors in connection with the transactions contemplated by the Agreement, which Investors and Persons have not filed an appeal to the Reorganization Plan, TIC Orders, Consolidation Order or Sale Approval Order.
Sample 1Sample 2Sample 3
Rollover Member means Verus Equity Holding Company LLC.
Sample 1Sample 2Sample 3
Rollover Member means each of the Xxxxxxxx Member, the January Capital Member and the Xxxx Xxxxx Member.
Sample 1Sample 2Sample 3

Examples of Rollover Member in a sentence

  • Each Rollover Investor's capital account in Rollover Member will be equal to the amount that the Rollover Investor would have received if the Rollover Investor had chosen to receive cash for its claim against Seller rather than contributing its Contributed Interest and receiving a membership interest in the Rollover Member.

  • The valuations described herein shall only be used for the purposes set forth herein and shall not be used for purposes of determining a Rollover Investor's capital account in Rollover Member.

  • Summaries of such terms in the Disclosure Statement are qualified in their entirety by reference to the Amended and Restated Limited Liability Company Agreement ("LLC Agreement") of BRE/SW Portfolio LLC, and the Sunwest Rollover Member LLC Agreement, copies of which are attached to the Plan of Reorganization as Exhibits 6 and 7.

  • Without limiting Seller’s right to require any other reasonable conditions, it shall be a condition to any Rollover that each Rollover Member make arrangements reasonably satisfactory to Seller to bear any portion of the Escrow Amount and other Seller expenses hereunder to the extent that such portion of the Escrow Amount and expenses would have been borne, directly or indirectly, by such Rollover Member had the Rollover not occurred.

  • TIC Interests in Holdco Properties will either be (a) conveyed to Acquirer by Debtor pursuant to a TIC Transfer Order; (b) contributed pursuant to a TIC Settlement Agreement by the TIC holding the TIC Interest to Rollover Member LLC in exchange for equity interests in Rollover Member LLC and thereafter contributed by Rollover Member LLC to Acquirer in exchange for Rollover Equity Interests; or (c) conveyed directly to Acquirer pursuant to a TIC Settlement Agreement.

  • SWP will contribute its interests in Holdco Properties pursuant to Section 6.1.1 of this Plan and receive cash and common interests in Rollover Member LLC in the priority set forth in Section 6.3.3 of this Plan in amounts sufficient to allow it to make distributions to its limited partners as required by the Distribution Plan and to meet its note obligations to Debtor.

  • The name of the Company shall be Sunwest Rollover Member LLC, and its principal place of business shall be 00 XX Xxxxxxxxx Street, Suite 300, Portland, Oregon 97201.

  • On January 1, 2011, or as soon thereafter as reasonably practicable, the members of Rollover Member LLC will elect a Board of Managers, comprised of three persons, a majority of whom will not be "interested persons" as such term is defined in 15 U.S.C. § 80a-2(a)(19).

  • Reorganized Company shall provide a loan facility to Rollover Member LLC in an amount up to $2,000,000 that will be available to Rollover Member LLC for the purpose of allowing Rollover Member LLC to finance its operating and compliance expenses.

  • The Settling Employee receives a reduced percentage of the cash and equity in Rollover Member that the Settling Employee would otherwise have been entitled to under the LLC Member Settlement Agreement.


More Definitions of Rollover Member

Rollover Member means a single purpose Delaware limited liability company, owned solely by Investors (as such term is defined in the Reorganization Plan) who have not filed an appeal to the Reorganization Plan, TIC Orders, Consolidation Order or Sale Approval Order and administered from and after the Closing Date by a single individual administrator appointed by the Court.
Sample 1Sample 2
Rollover Member means an Employee, who is not a Participant from whom the Trustee has accepted a rollover or trust-to-trust transfer of assets from a qualified plan or an individual retirement account in accordance with the provisions of Article XXIII. of this Plan. II-10
Sample 1
Rollover Member means a Class A Rollover Member or a Class B Rollover Member in its capacity as such.
Sample 1

Related to Rollover Member

  • Rollover means the renewal of all or any part of any LIBOR Rate Loan upon the expiration of the Interest Period with respect thereto, pursuant to Section 2.3.

  • Rollover Contribution means any rollover contribution to the Plan made by a Participant as may be permitted under Article V.

  • Former Member means a member that has withdrawn from a qualified authority under this section or a prior member of a qualified authority that has been dissolved under this section.

  • Rollover Shareholders means each of Expert Master Holdings Limited, Mr. Longhua Piao and UMW China Ventures (L) Ltd.

  • Founder Member means a subscriber to these rules for the purposes of registration;

  • Rollover Shares has the meaning given in the recitals.

  • Deferred member means a person who elected to receive deferred vested retirement

  • Individual Member means a registered, financial Member of the Club who is at least 18 years of age.

  • Unit Holder means the owner of one or more Units.

  • Life Member means an Individual appointed as a Life Member of the Club under clause 5.2.

  • Rollover Contributions means, for any Participant, his rollover contributions as provided in Section 7.1.

  • Plan Member means each Member any of the assets of which are subject to any Plan Governing Law.

  • Investor Limited Partner means any Limited Partner so designated at the time of its admission as a partner of the Partnership.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Equity Member means each member of the Respondent team that will contribute equity as part of the financing of the Project.

  • Former Partner means (i) with respect to a Partner that is a trust, a Partner that has ceased to be a Qualified Trust, and has become a Former Partner, pursuant to the terms of Section 1.78; (ii) with respect to a Partner that is an Entity, a Partner that has ceased to be a Qualified Entity, and has become a Former Partner, pursuant to the terms of Section 1.18; (iii) a Partner that has become a Bankrupt Partner and a Former Partner, pursuant to the terms of Section 1.7; (iv) a Partner that has become a Pledgor Partner and a Former Partner, pursuant to the terms of Section 1.74; and (v) a Partner that ceases to be a Participating Stockholder with respect to the Class B Shares of each Company in which the Partnership owns Class B Shares.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Unit Member refers to any employee who is included in the bargaining unit as defined in Article II.

  • Rollover Loan means one or more Loans:

  • New member means a person first employed on or after Septem- ber 1, 2005, including a former member who withdrew retirement contributions under Government Code 822.003 and is reemployed on or after September 1, 2005.

  • Rollover Amount has the meaning set forth in Section 7.16(b).

  • Other Member means a Voting Member who is not an Eligible Account Holder or a Supplemental Eligible Account Holder.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Employee Member means a member of the “Bargaining Unit”.

  • Inactive member means a member of the pension program or the individual account pro-