Selling Member definition

Selling Member has the meaning set forth in Section 10.5(a).
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Selling Member has the meaning set forth in Section 11.2.1.
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Selling Member means any Member that sells, assigns, hypothecates, pledges, or otherwise transfers all or any portion of its rights of membership in the Company, including its Economic Interest and/or voting rights.
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Examples of Selling Member in a sentence

  • If Selling Member fails to provide a ROFO Acceptance Notice within such thirty (30) days period, then the Selling Member shall be deemed to have elected not to accept the terms of the ROFO Response Notice.

  • Except with respect to a sale of the Company Assets, at the closing of any sale to the Buying Member pursuant to a ROFO Acceptance Notice, the adjustments set forth in clauses (A) through (C) of Section 4.2(b)(ii) shall be made to the Proposed Value and the Buyout Price, as applicable, to arrive at the final Buyout Price payable to the Selling Member pursuant to this Section 4.3(c).

  • If any full recourse guaranties have been provided by any Selling Member or its Affiliates in connection with any warehousing facilities, financings or securitizations for the benefit of the Company or any of the Subsidiaries, it shall be a condition precedent that the Members and the Company obtain the release of the Selling Member or its Affiliates from any such guaranties simultaneously with the closing of any ROFO.


More Definitions of Selling Member

Selling Member shall have the meaning set forth in Section 6.2(b).
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Selling Member shall have the meaning set forth in Section 9.8(a).
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Selling Member is defined in Section 7.05
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Selling Member has the meaning set forth in Section 4.3(c).
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Selling Member is defined in Section 9.7(a).
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Selling Member means a Clearing Member that is party to an EquityClear Contract as seller.
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Selling Member has the meaning set forth in Section 11.7 hereof.
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