Membership Provisions Sample Clauses

Membership Provisions. I acknowledge receipt of, and agree by execution of this Membership Agreement, that upon the written acceptance by the Company of this Membership Agreement to be bound by the terms and conditions of the following: (i) this Membership Agreement, and (ii) the following as they may be amended from time to time at the sole and absolute discretion of the Company (collectively the “Membership Provisions”): (a) the Muskogee Golf & Country Club Membership Plan, (b) the Club Rules and Regulations, (c) the Club’s Schedule of Dues and Charges, and (d) such other policies and practices which may be implemented from time to time by the Company. I further acknowledge that membership in the Club is subject to suspension or termination for failure to abide by the terms and conditions contained in this Membership Agreement or any of the Membership Provisions.
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Membership Provisions. I acknowledge receipt of, and agree by execution of this Membership Agreement, that upon the written acceptance by the Club of this Membership Agreement to be bound by the terms and conditions of the following: (i) this Membership Agreement, and (ii) the following as they may be amended from time to time at the sole and absolute discretion of the Board of Directors; (a) the Alexandria Golf Club Member Handbook, (b) the Club By-Laws, (c) the Schedule of Dues and Fees, and (d) such other policies and practices which may be implemented from time to time by the Company. I further acknowledge that membership in the Club is subject to suspension or termination for failure to abide by the terms and conditions contained in this Membership Agreement or any from the Membership Handbook.
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Membership Provisions. I acknowledge receipt of, and agree by execution of this Membership Agreement, that upon the written acceptance by the Club of this Membership Agreement to be bound by the terms and conditions of the following:
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Membership Provisions. The Members acknowledge that, as of the date of this Agreement, the Company is a Disregarded Entity of the Managing Member for U.S. federal income tax purposes and will remain disregarded until such time as a Person other than the Managing Member or a Disregarded Entity thereof acquires an equity interest in the Company, at which point the Company would become a partnership for U.S. federal income tax purposes. Accordingly, notwithstanding anything to the contrary in this Agreement, the provisions of this Agreement that (i) relate to the maintenance of Capital Accounts, (ii) reference or apply the provisions of Subchapter K of the Code, or (iii) otherwise are, in the Managing Member’s determination, not relevant to the Company for so long as it is a Disregarded Entity shall, in each case, apply only if and to the extent the Company becomes a partnership for U.S. federal income tax purposes.
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Membership Provisions. The Authorities agree and undertake with each other that :-
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Membership Provisions. 4.1 The Members agree and undertake with each other that:-
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Membership Provisions 
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Related to Membership Provisions

  • Lock-Up Provisions (a) Holder hereby agrees not to, during the period (the “Lock-Up Period”) commencing from the Closing and ending on the earlier of (A) the one (1) year anniversary of the date of the Closing, (B) the first date subsequent to the Closing with respect to which the closing price of the Purchaser Common Stock has equaled or exceeded $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Closing or (C) the date on which the Purchaser completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Purchaser’s stockholders having the right to exchange their shares of Purchaser Common Stock for cash, securities or other property: (i) lend, offer, pledge, hypothecate, encumber, donate, assign, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, or otherwise transfer or dispose of, directly or indirectly, any Restricted Securities, (ii) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of the Restricted Securities or (iii) publicly disclose the intention to do any of the foregoing, whether any such transaction described in clauses (i), (ii) or (iii) above is to be settled by delivery of Restricted Securities or other securities, in cash or otherwise (any of the foregoing described in clauses (i), (ii) or (iii), a “Prohibited Transfer”). The foregoing sentence shall not apply to the transfer of any or all of the Restricted Securities owned by Xxxxxx (I) by gift, (II) by will or other testamentary document or intestate succession upon the death of Xxxxxx, (III) to any Permitted Transferee (as defined below), (IV) pursuant to a court order or settlement agreement or other domestic order related to the distribution of assets in connection with the dissolution of marriage or civil union, (V) to the Purchaser pursuant to any contractual arrangement in effect on the date of this Agreement that provides for the repurchase of shares of Purchaser Common Stock in connection with the termination of the undersigned’s employment with or service to the Purchaser; provided, however, that in any of cases (I), (II), (III) or (IV) above, it shall be a condition to such transfer that the transferee executes and delivers to the Purchaser and the Purchaser Representative an agreement stating that the transferee is receiving and holding the Restricted Securities subject to the provisions of this Agreement applicable to Holder, and there shall be no further transfer of such Restricted Securities except in accordance with this Agreement. As used in this Agreement, the term “

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