Tendering Member definition

Tendering Member is defined in Section 10.1.
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Tendering Member. As defined in Section 12.2(a).
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Tendering Member includes a successor in interest to a Member whose ownership interest has been transferred.
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Examples of Tendering Member in a sentence

  • A Tender Notice may be revoked at any time prior to the acceptance of the Tender Notice by the Company, by the Tendering Member providing written notice to that effect to the Company, but any such revocation notice shall only be deemed effective when received by the Company.

  • The Tender Notice must include, at a minimum, the name of the Tendering Member, the number of Units being tendered to the Company (the "Tendered Units"), and a statement that the tender is being made pursuant to this Section.

  • The Company may exercise such right and option by giving written notice thereof to the Tendering Member (the "Exercise Notice") at any time within such 45-day period.

  • The Tendering Member shall defend, indemnify and hold the Company harmless from and against any suit, action, proceeding, claim, counterclaim, loss, liability, damage, amount, cost and/or expense (including court costs and attorneys' fees) in any way related to, connected with or arising or resulting from any breach of that representation and warranty by the Tendering Member.

  • The Cash Amount shall be payable to the Tendering Member on the Specified Exchange Date against delivery of the Tendered Units to the Managing Member and the same number of shares of Clipper Special Stock to Clipper.

  • Clipper shall give such Tendering Member written notice of its election on or before the close of business on the fifth Business Day after the receipt of the Notice of Exchange.

  • Until a Specified Exchange Date, the Tendering Member shall have no rights as a stockholder of Clipper with respect to such Tendering Member’s Class B Units.

  • The Clipper Common Shares Amount, if applicable, shall be delivered as duly authorized, validly issued, fully paid and nonassessable Clipper Common Shares and, if applicable, free of any pledge, lien, encumbrance or restriction, other than those provided in the Charter or the Bylaws, the Securities Act, relevant state securities or blue sky laws and any applicable registration rights agreement with respect to such Clipper Common Shares entered into by the Tendering Member.

  • Notwithstanding any delay in such delivery (but subject to Section 10.5), the Tendering Member shall be deemed the owner of such Clipper Common Shares for all purposes, including rights to vote or consent, and receive dividends, as of the Specified Exchange Date.

  • In such event, the Tendering Member shall have no right to cause the Managing Member to exchange such Tendered Units for the Cash Amount.


More Definitions of Tendering Member

Tendering Member has the meaning set forth in Section 3.04(a).
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Related to Tendering Member

  • Tendering Partner shall have the meaning set forth in Section 8.6.A.

  • Tendering Party has the meaning provided in Section 8.5(a) hereof.

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

  • Purchasing Member has the meaning set forth in Section 9.2(c).

  • Disposing Member is defined in Section 4.1.

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

  • Transferring Member has the meaning set forth in Section 11.3(a).

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

  • Founding Member means any individual who is either:

  • Exchanging Member means a Member that Exchanges some or all of its Units.

  • Trading Member means a Person who has been approved by Nadex to trade directly and not through a FCM Member on the Market, and does not include any FCM Member.

  • Voting Member means a Member holding one or more Voting Shares.

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

  • Participating member means a member who is required to make mandatory contributions by the applicable retirement act to his or her health reimbursement account.

  • Non-Voting Member means a member of a Committee or Sub- Committee of the Council who is not a member of the Council and is not entitled to vote on any matter coming before that Committee or Sub- Committee;

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

  • Initiating Member shall have the meaning provided in Section 15.2(a).

  • Clearing Member means a registered broker-dealer which is a clearing member under the rules of O.C.C. and a member of a national securities exchange qualified to act as a custodian for an investment company, or any broker-dealer reasonably believed by the Custodian to be such a clearing member.

  • Remaining Members has the meaning set forth in Section 11.2.

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

  • Tendering Authority means The Member Secretary, AICTE, New Delhi.

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

  • Transferring Stockholder has the meaning set forth in Section 4.04(a).

  • Bona fide member means an individual who participates in activities of a qualified organization

  • Transferring Shareholder has the meaning set out in Section 6.1;

  • Ordinary Member means a member of the Club other than a Life member, Honorary member, Temporary member or Provisional member of the Club.