Withdrawing Member definition

Withdrawing Member has the meaning set forth in Section 9.2(d).

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Withdrawing Member shall have the meaning set forth in Section 9.6.

Withdrawing Member has the meaning set forth in Section 15.1.J(3)(c) hereof.

Examples of Withdrawing Member in a sentence

The Withdrawing Member shall not be entitled to a return of the Member’s capital, and may not withdraw contracts or personal guarantees that (s)he may have given.
The Withdrawing Member shall the right to share in the Company’s income, gain, losses, deductions, credit or similar items, and to receive distributions from the Company, but not the right to access Company business information or to participate in the Company management, except as required by law.
For purposes hereof, the fair market value of a Membership Interest and the nature of the assets to be received will be determined by agreement between a Majority in Membership Interests and the Withdrawing Member.
Within fifteen (15) days after demand by either one or the other, the Company and the Withdrawing Member shall each appoint an appraiser to determine the value of the equity of the Company’s Assets.
All notices, demands, consents, approvals, requests or other communications which any of the parties to this Agreement or Withdrawing Member may desire or be required to give hereunder (collectively, "NOTICES") shall be in writing and shall be given by personal delivery, nationally recognized next day delivery service (delivery charges prepaid, return receipt requested) or United States registered or certified mail (postage prepaid, return receipt requested) addressed as hereinafter provided.

Withdrawing Member shall have the meaning given in Section 13.2.

Withdrawing Member. As defined in Section 11.2.

Withdrawing Member has the meaning ascribed thereto in Section 3.2.1(b).

Withdrawing Member shall have the meaning set forth in Section 4.1(e).

Withdrawing Member means a Member that has given notice of its intent to withdraw from the Agreement pursuant to Section 11.1.

Withdrawing Member is defined in Section 9.9(b) hereof.

Withdrawing Member shall be a Member that requests the return of their Capital Account from the Company in writing.