Member Entities

Example Definitions of "Member Entities"
Member Entities. Means, separately and collectively, the Members and their direct and indirect subsidiaries; provided, however, that the term "Member Entities" shall not include the REIT or any of its subsidiaries.
Member Entities. Means, separately and collectively, the Members and their direct and indirect subsidiaries; provided, however, that the term "Member Entities" shall not include the REIT or ARMOUR or any of its their respective subsidiaries.
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