Cessation of Membership. A Member shall cease to be a Member only by the bankruptcy, dissolution or liquidation of such Member or any other Member, or by the transfer by the Member of all of its limited liability company interests in the Company.
Cessation of Membership. 14.1 Any of the Partner Authorities can withdraw from membership of the Board in the manner set out in paragraph 16 of the Constitution.
Cessation of Membership. A Person shall cease to be a Member only upon the assignment of such Person's entire Interest and as otherwise expressly provided in this Agreement or the Company's Articles of Organization.
Cessation of Membership. Membership shall cease when an ASEA Member is no longer a credentialed member of ASPPA. A former ASEA mem- ber may apply for reinstatement in accordance with ASPPA’s procedures for re- instatement of credentialed membership, provided that an ASEA member who is expelled pursuant to disciplinary procedures in accordance with Article IX shall not be eligible for reinstatement. The ASEA Leadership Council may exercise approval of mid-year requests to terminate membership at its discretion.
Cessation of Membership. 6.6.1 A person who is a member of a company ceases to be a member of the Company and the person or the person’s successor in interest attains the status of an assignee as set forth in Section 7.1 of Article 7, upon the occurrence of one or more of the following events:
Cessation of Membership. A Person shall cease to be a Member (a) upon the bankruptcy or dissolution of such Person (in which case such Person shall be deemed to have resigned pursuant to Section 3.06(b), regardless of whether such Person would have had the right to resign under such Section 3.06(b)) or (b) at the time such Person ceases to own any Membership Interests, and upon the cessation of its Member status, all rights of a Member under this Agreement shall terminate, provided that (i) if a Member has Transferred its Membership Interests to a Permitted Transferee, such Member shall not cease to be a Member until the Permitted Transferee is admitted to the Company as a Member pursuant to Section 3.01(b), and (ii) no such cessation of any Member’s status as a Member shall affect such Member’s rights or obligations that specifically survive such cessation pursuant to Sections 3.02(b), 11.04 and 14.13 or affect such Member’s rights and obligations under the Company Licensing Agreement.
Cessation of Membership. On any member of the Board ceasing to be a member of the appointing constituent body, or if a constituent body decides that its member should cease to be a member of the Board then that person shall cease to be a member of the Board. A member of the Board may resign from the Board at any time. Such resignation being in writing to the Chair. A resignation shall take effect on the date on which the Chair receives it, or on such later date as intimated by the resigning member. Chair and Vice Chair The Board will appoint from its number a chair and vice chair, each from a different constituent body, to hold office (if a member of the Board) for the duration of this Agreement. In the event of a vacancy arising in the office of chair or vice-chair, the Board shall appoint from its number a replacement to hold office (if a member of the Board) for the remainder of the duration of this Agreement. The chair or in the chair’s absence the vice chair, shall preside at all meetings of the Board. If neither the chair or vice chair is present at any meeting of the Board, the members present shall appoint from their number a substitute chair to preside at that meeting.
Cessation of Membership. A Member has no power to cease being a Member of the Company by voluntary act. In accordance with the Act, as modified by the provisions hereof, a Person shall cease to be a Member only upon the assignment of the entire Membership Interest of such Member and the admission of the Assignee thereof as a substitute Member, all in accordance with the terms of this Agreement.
Cessation of Membership. 4.1 Any Member Library intending to cease membership in NELF shall give notice to the NELF Board in writing.
