Members Agreement. 1. A member may be required to furnish a medical report from a licensed physician at any time before or during the time of the use of the Bank. The medical review will be at the member’s expense. The Sick Bank Committee (SBC), defined in Article II, Section 4, Subsection C, of this Agreement, will review each case as required. The SBC reserves the right, if necessary, to limit the number of days granted.
Members Agreement. Each Member hereby severally agrees that:
Members Agreement. The Buyer agrees to be bound to the Members’ Agreement or Revival AI LLC upon the close of its purchase of the Membership Interest.
Members Agreement. GDSS, the GDSI Shareholders and each of the parties thereto shall have entered into the Members Agreement.
Members Agreement. MIL Holdings, WVA and the JVC shall have entered into a Members Agreement (the "Members Agreement") in substantially the form attached hereto as Exhibit 6.4.
Members Agreement. The Buyer agrees that Sellers shall be allowed to withdraw from the Company’s accounts the accumulated dividends Sellers would have paid themselves in their ordinary course of the manner in which they managed the business prior to the execution of this Agreement without affecting the operation of the business. It shall be required the approval of the Members holding 100% of the membership Interest in the Company to require additional capital contributions from Members and amend the Operating Agreement. Should the majority of the Members holding more than 50% of the membership Interest in the Company (“Selling Members”) desire to sell or transfer their Membership Interest, they must first give the option to the remaining Members to purchase or acquire such interest under the same terms and conditions as contracted with the third party buyer; if the remaining Members do not wish to acquire the interest as provided herein, the Selling Members must procure that the remaining Members have the right to join in the transaction and sell their minority interest in The Company under the same terms as the Selling Members are transferring their interest. 10-day terms are deemed reasonable each time a response by the remaining members is required pursuant to this paragraph. Should any Member desire to sell or transfer all or part of her/his/its Membership Interest in the Company (“Transacting Member”), such Transacting Member must first give the option to the remaining Members of the Company to purchase or acquire such interest under the terms and conditions provided by such Transacting Member, prorated based on the percentage of membership interest held by the remaining Members desiring to purchase or acquire such interest; if none of the remaining Members wish to purchase or acquire the interest as provided herein, the Transacting Member may proceed with the transfer to a third party buyer under the same terms and conditions as offered to the remaining Members; the terms negotiated with the third party buyer can not differ by 1% or more, the Transacting Member must offer the membership interest again to the remaining Members under such new terms and conditions, and the procedure provided herein shall be follow each time. 10-day terms are deemed reasonable each time a response by the remaining members is required pursuant to this paragraph. In case of IQSTEL Inc. files for bankruptcy protection, Sellers will have the right to repurchase from Buyer the percentage of th...
Members Agreement. The Company, the Purchasers and certain members of the Company shall have entered into the Amended Members Agreement.
Members Agreement. Seller, Buyer and the JVC hereby agree that the Members Agreement will automatically be terminated and of no further force and effect as of the Closing Date.
Members Agreement a. A member shall be required to furnish a medical report from a licensed physician at any time before or during the time of use of the Leave Bank.The medical report will be at the member's expense. The SBC will revieweach case as required. The SBC reserves the right, if necessary, to limitthe number of days granted.
Members Agreement. Holdings and LIN-Texas shall enter into a Members Agreement, together with certain other holders of the Class A Units and Class B Units, in substantially the form attached hereto as Exhibit E (the "Members Agreement").
