Harvest Investment has the meaning set forth in the Recitals.
Incentive Plan means any incentive equity plan or similar equity compensation arrangement adopted by the board of directors of VEI for employees of VEI and its Subsidiaries (including the Company), including, but not limited to, the Vine Energy Inc. 2021 Long-Term Incentive Plan, as the same may be amended, modified, restated or replaced from time to time.
Indemnitee has the meaning set forth in Section 7.1.
Initial LLC Agreement has the meaning set forth in the Recitals.
Investment Entity has the meaning set forth in the Recitals.
Laws means all federal, state and local statutes, laws (including common law), rules, regulations, codes, orders, ordinances, licenses, writs, injunctions, judgments, subpoenas, awards and decrees and other legally enforceable requirements enacted, adopted, issued or promulgated by any Governmental Authority.
Liabilities means, as to any Person, all liabilities and obligations of such Person, whether matured or unmatured, liquidated or unliquidated, primary or secondary, direct or indirect, absolute, fixed or contingent, and whether or not required to be considered pursuant to GAAP.
Liquidator has the meaning set forth in Section 10.2.
Managing Member means VEI or its successor, in its capacity as the managing member of the Company.
Master Reorganization Agreement has the meaning set forth in the Recitals.
Member means any Person executing this Agreement as of the date of this Agreement as a Member or any Person hereafter admitted to the Company as a new Member as provided in this Agreement, but does not include any Assignee or any Person who has ceased to be a Member in the Company.
Member Affiliate has the meaning set forth in Section 13.17.
Member Nonrecourse Debt has the meaning set forth for partner nonrecourse liability in Treasury Regulation section 1.704-2(b)(4).
Member Nonrecourse Debt Minimum Gain has the meaning set forth for the term partner nonrecourse debt minimum gain in Treasury Regulation section 1.704-2(i)(2).
Member Nonrecourse Deductions means any and all items of loss, deduction, expenditure (including any expenditure described in section 705(a)(2)(B) of the Code), Simulated Depletion or Simulated Loss that, in accordance with the principles of Treasury Regulation section 1.704-2(i), are attributable to Member Nonrecourse Debt.