Substitute Investor Member definition

Substitute Investor Member means any Person who is admitted to the Company as an Investor Member pursuant to Section 12.5 or acquires the Interest of the Investor Member pursuant to Section 7.3 of this Agreement.
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Substitute Investor Member means an assignee of the Investor Member’s Interest that is admitted to the Company pursuant to Section 9.03.
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Examples of Substitute Investor Member in a sentence

  • In contrast, three participants referred to these two criteria in selecting Expl.

  • An individual Capital Account shall be established and maintained for each Member, including any Substitute Investor Member that shall hereafter receive an interest in the Company.

  • The Investor Member shall not, without the Consent of the Administrative Member, and compliance with Section 8.2, have the right to assign all or part of its Interest in the Company including its rights as beneficiary of any Covered Tax Year Deficiency Payment or Guaranty Extension Period Detriments, and to have such assignee admitted as a Substitute Investor Member.

  • The Managing Member shall cooperate with the Person seeking to become a Substitute Investor Member by preparing the documentation required by this Section and making any official filings and publications.

  • Each Substitute Investor Member shall execute such instrument or instruments as shall be required by the Administrative Member to signify such Substitute Investor Member’s agreement to be bound by all the provisions of this Agreement.

  • Any cost or expense incurred in connection with such admission shall be borne by each Substitute Investor Member.

  • No assignment of all or any part of the Investor Member Interest or admission of a Substitute Investor Member shall be permitted unless the Administrative Member has been provided with an opinion of counsel that such assignment and/or substitution complies with applicable federal and state securities laws and the assignee/Substitute Investor Member certifies that it is an “accredited investor” as defined in Regulation D of the Securities and Exchange Commission.

  • Any Substitute Investor Member shall, as a condition of receiving any Interest in the Company, agree to be bound (to the same extent as its assignor was bound) by the provisions of this Agreement.

  • Upon the admission of a Substitute Investor Member, Schedule A shall be amended to reflect the name and address of such Substitute Investor Member and, if appropriate, to eliminate the name and address of its assignor, and an amendment to the Certificate reflecting such admission shall be filed, if required by the Act, in accordance with the applicable provisions of the Act.

Related to Substitute Investor Member

  • Investor Members mean those Persons who acquire Interests in the Initial Offering or Subsequent Offering and their successors and assigns admitted as Additional Economic Members.

  • Investor Member means a member that has made a contribution to a limited cooperative association and:

  • Investor Majority means [the holders of at least [ ] per cent of Series A Shares from time to time] [Note: amend as appropriate];

  • Junior Member means a registered Member of the Club who is younger than 18 years of age.

  • Investor Group means the Sponsor and its affiliates, successors and assigns.

  • Founding Member means any individual who is either:

  • Purchasing Member means a municipal utility which purchases electricity from a municipal electric cooperative association of which it is a member.

  • Selling Member has the meaning set forth in Section 10.5(a).

  • Principal Stockholder Transferee means any Person who acquires voting stock of the Corporation from the Principal Stockholder (other than in connection with a public offering) and who is designated in writing by the Principal Stockholder as a “Principal Stockholder Transferee.”

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

  • Exempt Investor means any of the following Irish Residents: (i) the Administrator, for so

  • Redeeming Partner has the meaning set forth in Section 8.6.A.

  • Redeeming Member has the meaning set forth in Section 11.01(a).

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

  • Class B Holder means the Person in whose name a Class B Certificate is registered in the Certificate Register, except that, solely for the purpose of giving any consent, request or waiver pursuant to this Agreement, the interest evidenced by any Class B Certificate registered in the name of the Transferor, Servicer, or any Person actually known to an Authorized Officer of Trustee to be an Affiliate of the Transferor or Servicer, shall not be taken into account in determining whether the requisite percentage necessary to effect any such consent, request or waiver shall have been obtained.

  • Disposing Member is defined in Section 4.1.

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

  • Permitted Holder means (a) Xxxxxxx X. Xxxxxxx, (b) any of his immediate family members or his or their respective heirs by operation of law, will or intestacy or (c) any trust, corporation, partnership or other entity, the beneficiaries, stockholders, partners, owners or Persons beneficially holding a 50.1% or more controlling interest of which consist of Xxxxxxx X. Xxxxxxx and/or his immediate family members.

  • Permitted Holder Group shall have the meaning assigned to such term in the definition of “Permitted Holders.”

  • Investor means the Buyer, any transferee or assignee thereof to whom a Buyer assigns its rights under this Agreement in accordance with Section 9 and who agrees to become bound by the provisions of this Agreement, and any transferee or assignee thereof to whom a transferee or assignee assigns its rights under this Agreement in accordance with Section 9 and who agrees to become bound by the provisions of this Agreement.

  • Majority Stockholder means, collectively or individually as the context requires, TPG Capital, L.P., Apollo Global Management, LLC and/or their respective affiliates.

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

  • Investor Party has the meaning set forth in Section 4.7.

  • investor of a Party means a Party or state enterprise thereof, or a person of that Party, that seeks to make, makes, or has made an investment; and

  • FTR Holder means the PJM Member that has acquired and possesses an FTR.

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