Terminating Member definition

Terminating Member has the meaning set forth in Section 8.4.

Terminating Member has the meaning set forth in Section 2.01(a) of the Put/Call, Registration Rights and Standstill Agreement.

Terminating Member shall have the meaning given such term in Section 10.8.

Examples of Terminating Member in a sentence

• Otherwise, no rights to a Project Participant’s BIP, including implied rights to such BIP, are conveyed to such Terminating Member.

• Except as set forth in Article VII(9), a Terminating Member will continue to have all rights to Project IP granted to it in Article VII(5) prior to the effective date of termination; and Terminating Member’s right to Project IP and BIP as set forth in the Project Award Agreement, or any separate license agreements specifically negotiated between Terminating Member and Project IP Owners, will continue in accordance with those agreements or other separate agreements with the BIP owner.

• Absent an agreement otherwise, a new AIM Member will have no rights to Project IP generated prior to the effective date of AIM Member’s Membership Agreement, and a Terminating Member will have no rights to Project IP generated after the date Terminating Member’s Membership Agreement terminates.

• Each Member grants and grants the Company first and the Other Members the right and the opportunity to purchase all units of a Terminating Member under the following terms and conditions.

• At the direction of the Investment Manager (the "Terminating Member"), a full accounting of the assets and liabilities of the Fund shall be taken and a statement of the Fund Assets and a statement of each Member’s Capital Account shall be furnished to all Members as soon as reasonably practicable.

More Definitions of Terminating Member

Terminating Member has the meaning set forth in Section 2.01(a).

Terminating Member shall have the meaning given to such term in the DCP Sand Hills LLC Agreement or DCP Southern Hills LLC Agreement, as applicable.

Terminating Member shall have the meaning set forth in Section 5.6(a).

Terminating Member has the meaning set forth in Section 8.4. FIRST AMENDMENT TO CHOICE ONE COMMUNICATIONS RESALE L.L.C. LIMITED LIABILITY OPERATING AGREEMENT This FIRST AMENDMENT CHOICE ONE COMMUNICATIONS RESALE L.L.C. LIMITED LIABILITY OPERATING AGREEMENT (“Amendment”) is entered into as of May 9, 2011 by and between CHOICE ONE COMMUNICATIONS RESALE L.L.C. (the “Company”) and its Member.

Terminating Member. To the address appearing below Any party may change its address for the purpose of this Agreement by giving notice of such change to the other parties pursuant to the provisions of this section. Any notice, demand or other communication sent by facsimile shall be deemed given, in absence of proof to the contrary, upon receipt in a legible form by the party being served.

Terminating Member has the meaning assigned to it in Section 3.1.2.

Terminating Member shall notify the other Member prior to the expiration of the Financing Contingency Period that it elects to have the Company terminate the Purchase Agreement pursuant to section 4.3.2 of the Purchase Agreement, then such Terminating Member shall be entitled to a return of its Initial Contribution in cash. If the other Member elects to have the Company not terminate the Purchase Agreement pursuant to such section 4.3.2 of the Purchase Agreement, then such other Member shall immediately make an additional Capital Contribution to the Company to provide funds to the Company necessary for the Company to return to the Terminating Member its Initial Capital Contribution (without regard to Section 4.1 below), and immediately upon receipt of such funds the Company shall effect such return of capital. If the other Member is also a Terminating Member, then the Company shall return the Initial Capital Contribution of each Terminating Member promptly after the Deposit (as defined in the Purchase Agreement) is returned to the Company pursuant to such section 4.3.2 of the Purchase Agreement.