Examples of Appointing Member in a sentence
In the event that an Appointing Member transfers such Units, the appointment rights shall not transfer with the Units, but shall expire upon the date of transfer unless said transfer is to an Affiliate or Related Party of the Appointing Member.
Further, the invalidity or unenforceability of any provision hereof as to either Indemnitee or Appointing Member shall in no way affect the validity or enforceability of any provision hereof as to the other.
If such Appointing Member fails to make such designation within five (5) Business Days after written demand by the other Member, the other Member may designate by written notice to the Appointing Member one or more (as appropriate) of the Appointing Member’s designees on the Board of Managers that will cease serving on the Board of Managers and each such designee shall thereupon cease to be a Manager or member of the Board of Managers.
A Member ( Appointing Member) may appoint a representative who is a natural person to be the proxy of the appointing Member, and to attend and vote on behalf of the appointing Member, at any General Meeting.
Basis of AccountingWe draw attention to Note 1 of the financial statement, which describes the basis of accounting.