Membership Approval Sample Clauses

Membership Approval. In order to apply for a Membership, Applicant must deliver to the Club a fully completed and signed copy of this Application and Agreement. This Application and Agreement will only be accepted for review when the applicable Initiation Fee and all of the required information and documentation for the applicable classification and category of Membership have been delivered to the Club. The Club shall notify Applicant in writing regarding Applicant’s approval or disapproval for membership in the Club. If approved, then Applicant will be entitled to exercise the Membership Privileges associated with the applicable classification and category of Membership obtained by Applicant on the date specified in the written notice from the Club. Applicant acknowledges and agrees that prior to the time that this Application and Agreement for Membership is approved by the Club: (a) Applicant shall not be the holder of, and the Club shall not be deemed to have issued to Applicant, a Membership in the Club; (b) Applicant shall not be deemed to be a Member of the Club; and (c) neither Applicant nor any of Applicant’s Immediate Family shall have the right or privilege to utilize the Club Facilities or take advantage of any other Membership Privileges of the Club.
AutoNDA by SimpleDocs
Membership Approval. Rahman, the sole member of JT shall have approved this Agreement and the transactions contemplated herein.
Membership Approval. Eligible applicants for Associate Membership shall be approved by the Board of Directors and shall pay a membership fee at such rate, or rates, as may be determined by the Board of Directors from time to time. Applications for Associate Membership shall be made in writing to the Board of Directors and the application shall be regarded as a guarantee on the part of the applicant of its concurrence with the purposes of WKCCVEC and of its adherence, if approved, to this Agreement and the rules, policies and regulations set by the Board of Directors for Associate Members. Approval of Associate Membership shall require a majority vote of the Board of Directors.
Membership Approval. All material facts are fully disclosed to or otherwise known by the Promoter Members and the self dealing contract is approved by the Promoter Members in good faith including the abstention from voting by any membership owned by such Interested Director(s);
Membership Approval. The Members are the holders of at least majority percentage of the Related Entities. The Members have properly consented to the approval and adoption of this Agreement.
Membership Approval. This Agreement shall have been approved by unanimous consent of the Members, without any Member asserting appraisal or dissenter's rights under applicable law.
Membership Approval. Subject to such approvals and filing requirements of the Act, eligible applicants for Associate Membership shall be approved by the Board of Directors and shall pay a membership fee of $125,000.00 with $25,000.00 paid upon acceptance of membership and $25,000.00 per year thereafter until the full fee has been paid. The fee for membership may be altered or changed from time to time as may be determined by the Board of Directors. Applications for Associate Membership shall be made in writing to the Board of Directors and the application shall be regarded as a guarantee on the part of the applicant of its concurrence with the purposes of WKCCVEC and of its adherence, if approved, to this Agreement and the rules, policies and regulations set by the Board of Directors for Members. Approval of Associate Membership shall require a majority vote of the Board of Directors.
AutoNDA by SimpleDocs
Membership Approval. Application for membership must be on forms prescribed by the Club. Approval is subject to payment of all fees to purchase a membership. Applicants under the age of 18 are eligible for membership only upon approval by management.
Membership Approval. Berger, the sole member of WX xxxxl have approved this Agreement and the transactions contemplated herein.
Membership Approval. The Members are the holders of at least majority percentage of Far Rockaway . The Members have properly consented to the approval and adoption of this Agreement.
Time is Money Join Law Insider Premium to draft better contracts faster.