Member of the Exchange definition

Member of the Exchange means an entity, which has been admitted as a member of the Exchange and shall not mean a shareholder of the Exchange unless expressly stated in the context and includes both Clearing and Trading Member/ Broker.
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Member of the Exchange or “Exchange Member” means a person, a sole proprietary firm, joint Hindu family, a partnership firm, a company (as defined under the Companies Act), a co-operative society, a body corporate or public sector organisation or statutory corporation or a government department or non-government entity or any other entity admitted as such by the Exchange for trading, clearing or settlement of contracts permitted in the Exchange and shall not mean a shareholder of the Company unless expressly stated. Membership of the Exchange in this context shall not mean or require shareholding in the Company as a pre-condition.
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Member of the Exchange or “Exchange Member‟ means a person, a sole proprietary firm, a partnership firm, a co-operative society, a body corporate, a public sector organization, a statutory corporation, a government department, a non-government entity, or any other entity, or other participants which have met the Exchange’s pre- requisite criteria and admitted as such by the Exchange for trading, Clearing or Settlement in any Commodity(ies) traded on the Exchange and must be registered by SEC;
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Examples of Member of the Exchange in a sentence

  • The New Member desires to become a Member of the Exchange and gain access to the Network.

  • The DMM agrees to maintain its status as a Member of the Exchange.

  • G3.1 UOBKH is a Broker Member of the Exchange and the Client is the Customer of UOBKH for the benefit of whom UOBKH transacts on the Exchange Trading System as principal and whose account is carried on the books of UOBKH with the Exchange.

  • You agree to provide, upon request and at your own cost, a legal opinion confirming your representations; • You agree to promptly notify the Exchange if there is a change in foreign law that prevents or may prevent you from participating or engaging in any activity as Member of the Exchange or from entering into any and all agreements necessary to fulfill your Membership obligations.

  • Constituent shall submit documents such as Invoices, Sales Tax exemption or concession forms or any other documents as required under the prevalent laws and forward the same to the Counter-party Constituent or any other Member of the Exchange within stipulated period as specified by the Exchange from time to time.

  • In case of any dispute with the Member of the Exchange, the same shall be subject to arbitration as per the Rules, Bye-laws and Business Rules of the Exchange.

  • For the avoidance of doubt, the ownership, holding or possession of Units shall not, in and of itself, entitle the owner, holder or possessor thereof to vote or consent to any action with respect to the Exchange (which rights shall be vested in only duly admitted Members of the Exchange), or to exercise any right of a Member of the Exchange under this Agreement, the LLC Act or other applicable law.

  • Except as otherwise provided in this Agreement, any Member and its Affiliates may lend money to, borrow money from, act as surety, guarantor or endorser for, guarantee or assume one or more specific obligations of, provide collateral for, and transact other business with the Exchange and, subject to applicable law, shall have the same rights and obligations with respect thereto as a Person who is not a Member of the Exchange.

  • However, because Membership in the Exchange Program is non-transferable, the purchaser must become a Member of the Exchange Program.

  • Constituents shall sumbit documents such as Invoices ,Sales Tax exemption or concession forms or any other documents as required under the prevalent laws and forward the same to the counter-party Constitutnt or any other Member of the Exchange within stipulated period as specified by the Exchange from time to time.


More Definitions of Member of the Exchange

Member of the Exchange means a legal person who has the right to use the trading system of the exchange. Unless the Rules expressly provide otherwise, the term “member of the exchange ” shall also include both an ordinary member of the exchange and a member of the exchange who is an account operator.
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Member of the Exchange or “Exchange Member” means a person, a sole proprietary firm, a partnership firm, a limited liability partnership , a company (as defined under the Companies Act), a co-operative society,
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Related to Member of the Exchange

  • Member of the Board means an individual who is a member of the Board or of the board of directors of a Subsidiary or an Affiliate.

  • Member of the family shall have the meaning prescribed by Code Section 529(e)(2), and shall mean any individual who bears one of the following relationships to the beneficiary:

  • Consummation Date means the date of the substantial consummation (as defined in Section 1101 of the Bankruptcy Code and which for purposes of this Agreement shall be no later than the effective date) of a Reorganization Plan that is confirmed pursuant to an order of the Bankruptcy Court.

  • Member of the minor s family" means the minor's parent, stepparent, spouse, grandparent, brother, sister, uncle, or aunt, whether of the whole or half blood or by adoption.

  • Member of the public means any individual except when that individual is receiving an occupational dose.

  • Member of the Executive Council means the Member of the Executive Council responsible for local government in the Province;

  • Consummation means the occurrence of the Effective Date.

  • Member of the Group means any one of them.

  • Limited Condition Acquisition means any acquisition, including by means of a merger, amalgamation or consolidation, by the Company or one or more of its Restricted Subsidiaries, the consummation of which is not conditioned upon the availability of, or on obtaining, third party financing.

  • Member of the Service means a person appointed in a substantive capacity under the provisions of these rules and orders/rules in force previous to the commencement of these rules, to a post in the cadre of the service.

  • Hostile Acquisition means (a) the acquisition of the Equity Interests of a Person through a tender offer or similar solicitation of the owners of such Equity Interests which has not been approved (prior to such acquisition) by the board of directors (or any other applicable governing body) of such Person or by similar action if such Person is not a corporation and (b) any such acquisition as to which such approval has been withdrawn.

  • Member of the clergy means a clergyman or practitioner of any religious denomination accredited by the religious body to which he or she belongs.

  • Member of the household means any person who resides with the public official.

  • Tender Closing Date means the date and time set out in column (C) of Part 1 of the Schedule to the Tender Notice;

  • member of the work-related activity group means a person who has or is treated as having limited capability for work under either—

  • Company Acquisition Transaction means any transaction or series of transactions involving:

  • Consummation Deadline As defined in Section 3(b) hereof.

  • Company Acquisition means any of the following transactions (other than the transactions contemplated by this Agreement): (i) a merger, consolidation, business combination, recapitalization, liquidation, dissolution or similar transaction involving the Company pursuant to which 50 the stockholders of the Company immediately preceding such transaction hold less than 65% of the aggregate equity interests in the surviving or resulting entity of such transaction, (ii) a sale or other disposition by the Company of assets representing in excess of 35% of the aggregate fair market value of the Company's business immediately prior to such sale or (iii) the acquisition by any person or group (including by way of a tender offer or an exchange offer or issuance by the Company), directly or indirectly, of beneficial ownership or a right to acquire beneficial ownership of shares representing in excess of 35% of the voting power of the then outstanding shares of capital stock of the Company.

  • Lead Member of the Bidding Consortium or “Lead Member” shall mean a company who commits at least 26% equity stake in the Project, meets the technical requirement as per Clause 2.1.2and so designated by other Member(s) in Bidding Consortium;

  • Acquisition Closing Date means the date on which the Acquisition is consummated.

  • Transformative Acquisition means any acquisition or Investment by the Borrower or any Restricted Subsidiary that is either (a) not permitted by the terms of this Agreement immediately prior to the consummation of such acquisition or Investment or (b) if permitted by the terms of this Agreement immediately prior to the consummation of such acquisition or Investment, would not provide the Borrower and its Restricted Subsidiaries with adequate flexibility under this Agreement for the continuation and/or expansion of their combined operations following such consummation, as determined by the Borrower acting in good faith.

  • Shares Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) of the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such; provided that, if such Person is determined not to have become an Acquiring Person pursuant to Section 1(a) hereof, then no Shares Acquisition Date shall be deemed to have occurred by virtue of such event.

  • Traditional member of the National Guard or federal reserves means an active member of the Selected Reserve subject to mobilization and deployment for which he or she attends monthly and annual training periods.

  • Share Exchange Event shall have the meaning specified in Section 14.07(a).

  • Effective Time of the Merger means the time as of which the Merger becomes effective, which shall occur on the Funding and Consummation Date.

  • Business Acquisition means the acquisition, by purchase or otherwise, of all or substantially all of the assets (or any part of the assets constituting all or substantially all of a business or line of business) of any Person, whether such acquisition is direct or indirect, including through the acquisition of the business of, or Capital Stock of, such Person.