Membership Certificate. A Member shall be liable for the management and use of its member's name and membership number written on the Membership Certificate and hold CLPA harmless. Because the member's name and membership number are verification information for identifying the Member in inquiry by telephone, etc., take special care not to misuse them and to avoid abuse by a third party. With regard to the member's name and membership number, CLPA shall not be liable for any misuse by the Member or abuse by a third party.
Membership Certificate. The Company may issue a certificate to the Member to represent the Interest in the Company upon execution of this Agreement and the payment of the initial Capital Contribution.
Membership Certificate. 6.02 The Cooperative is not required to issue formal certificates for memberships. The Cooperative must, if requested by a member, provide a receipt for the payment of a membership fee.
Membership Certificate. Each certificate or document representing the Membership Interest issued pursuant to this Agreement, if any, shall be imprinted with, among others, a legend which puts all potential purchasers or transferees on notice of the Membership Interest non-transferability pursuant to the Securities Act and the Company’s Operating Agreement.
Membership Certificate. Until such time as the balance of the Membership Fee is paid in full, the Membership Certificate will not be issued. The Membership cannot be transferred by the Member until such time as the balance of the moneys owing to the Association for the Membership Fee have been paid and all dues and other lawful assessments are current.
Membership Certificate. The Lessee shall be a Member of the Lessor and shall be entitled to one Membership Certificate for each lot. Original membership must be paid in full prior to execution of a Proprietary Lease. The Membership Certificate and Proprietary Lease for each lot is a unit and can only be transferred as a unit under the terms and conditions as set forth in the Plan and Articles of Incorporation, and By-Laws of Lessor. CHANGES IN LEASES All Proprietary Leases originally or hereafter executed shall be in the same form as this lease except for the amount and provisions for payment of the base payment, and except for any subsequent amendments to the Rules and Regulations.
