BHC Member definition

BHC Member means a Member that is a bank holding company as defined in the BHCA, or a non-bank subsidiary of such a bank holding company. Each of Union Bank and Xxxxx Fargo is a BHC Member.
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BHC Member means a Class A Limited Member that (a) is subject to the BHC Act, or is directly or indirectly “controlled” (as that term is defined in the BHC Act) by a company that is subject to the BHC Act and (b) indicates its intent to be treated as a BHC Member in its Class A-2 Subscription Agreement or otherwise in writing to the Managing Member on or before the closing at which such Member is admitted to the Company.
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BHC Member means any Member that is, or is a company that controls, is controlled by, or is under common control with, a bank holding company (as defined in Section 2(a) of the BHCA) that is subject to the provisions of Regulation Y issued by the Board of Governors of the Federal Reserve System, unless such Member has requested, and the Company agrees, that the Member not be treated as a BHC Member.
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Examples of BHC Member in a sentence

  • Such BHC Member shall indemnify the Company and the Managing Member for any liability incurred by any of them arising from such disposition.

  • In the event of such withdrawal, the withdrawing BHC Member shall give notice and receive its withdrawn capital in accordance with Section 4.02(d) (in the case of a Series I Member) or Sections 4.03(c) and 4.03(d) (in the case of a Series II Member).

  • Notwithstanding any provision of this Agreement to the contrary, any BHC Member may elect to withdraw from the Company, or make a partial withdrawal from such BHC Member’s Capital Account at any time, to the extent necessary to prevent such BHC Member from having an aggregate Percentage Interest in the Company (including any Limited-Voting Interest) in excess of 33.33% or otherwise being in violation of the BHC Act or other federal, state or foreign banking law.

  • Each BHC Member hereby further irrevocably waives, to the extent of its Limited-Voting Interest, its rights under the Act to vote or consent to any action by or with respect to the Company, a Series or the Managing Member other than dissolution of the Company or, if applicable, termination of any Series, which waiver shall be binding upon such BHC Member and any entity which succeeds to such Limited-Voting Interest.

  • Meeting adjourned at 11:10 a.m. Respectfully submitted, Stephanie Begin Administrative Assistant X MEMBERSHIP PROGRAM, draft 7/13/16All members and donors are listed in the BHC Annual Report.Anyone donating $30 or more automatically becomes a BHC Member.

  • Except as provided in this Section 5.5(e), any outstanding Class A Limited Membership Interests of a BHC Member and its Transferees shall be identical to the Class A Limited Membership Interests of the other Members.

  • Any such election made by a BHC Member may be rescinded at any time by providing written notice thereof to the Board of Managers.

  • PG&E states that it is unclear why the CAISO would solicit certain information from load serving entities pursuant to section 24.2.3.3 (Information Requested from Load Serving Entities) of the tariff.

  • In the event that a BHC Member notifies the Board of Managers to such effect, the Board of Managers shall be authorized to make such arrangements for the property that it would have otherwise distributed in-kind as the Board of Managers shall determine in its reasonable discretion.

  • It’s important to acknowledge this, and to educate ourselves about issues of oppression that we might not directly experience.Current Member Review ProcessFor the current BHC Member Review Process and accompanying processes, go to ...Conflict Resolution Cliff’s NotesThis is a very basic explanation of an ideal conflict resolution process.


More Definitions of BHC Member

BHC Member means a Member that is a bank holding company as defined in the BHCA, or a non-bank subsidiary of such a bank holding company. Each of Union Bank and Wells Fargo is a BHC Member.
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BHC Member means any Member that is, or is an affiliate of, a bank holding company (as defined in Section 2(a) of the BHCA) that is subject to the provisions of Regulation Y issued by the Board of Governors of the Federal Reserve System. (b) To the extent permitted by the BHCA, and except as otherwise provided in this Section 5.10, Non-Voting Interests shall not be counted as Membership Interests held by any Member for purposes of determining whether any vote or consent required by this Agreement has been approved or given by the requisite percentage of the Members. (c) Notwithstanding the foregoing, any BHC Member may elect to no longer be treated as a BHC Member for the purposes of this Agreement by delivering written notice of such election to the Board of Managers. Any such election made by a BHC Member may be rescinded at any time by providing written notice thereof to the Board of Managers. (d) The Board of Managers may, for legal, regulatory or other reasons, designate any other Membership Interests as non-voting, in whole or in part. Except as provided in this Section 5.10, a Membership Interest held by a Member as a non-voting Membership Interest shall be identical in all regards to all other Membership Interests held by Members. COHESION INDIA BEST IDEAS FUND (DELAWARE) LLC 11 ARTICLE VI FEES AND EXPENSES; BROKERAGE PRACTICES Section 6.01
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BHC Member means a Member that is a bank holding company, as defined in Section 2(a) of the Bank Holding Company Act of 1956, as amended (the “BHC Act”),
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BHC Member means a Member that (i) is subject to the Bank Holding Company Act of 1956 or is directly or indirectly "controlled" (as that term is defined in the Bank Holding Company Act of 1956) by a company that is subject to the Bank Holding Company Act of 1956 and (ii) so indicates in this Subscription Agreement or otherwise in a writing acknowledged by the Manager on or before the date at which such Member purchases its Units.
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Related to BHC Member

  • ☐ - MULTI-MEMBER The “Capital Account” for each Member shall mean the account created and maintained for the Member in accordance with Section 704(b) of the Internal Revenue Code and Treasury Regulation Section 1.704-1(b)(2)(iv).

  • Class A Member means a Member holding one or more Class A Ordinary Shares.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Bank Member means Standard Chartered PLC or any of its Affiliates and "Group" means all Bank Members.

  • Staff member means a staff member as defined in section 1(1) of the Public Service Act, 1995 (Act No. 13 of 1995);

  • A Member means a companion, fellow, member, honorary member, associate or affiliate of the Society

  • of a Member means the salary corresponding in any given year to a full-time appointment at the member's rank and step, as set out for that year in Schedule A.

  • Voting Member means a Member holding one or more Voting Shares.

  • Council Member means a member of the Council;

  • Panel Member ’ means a member of a panel;

  • Public member means an individual who is not, and never

  • Initial Member has the meaning set forth in the introductory paragraph.

  • Founding Member means any individual who is either:

  • Founder Member means a subscriber to these rules for the purposes of registration;

  • Life Member means an Individual appointed as a Life Member of the Club under clause 5.2.

  • Managing Member means CEF Equipment Holding, L.L.C., a Delaware limited liability company or any successor Managing Member under the Issuer Limited Liability Company Agreement.

  • Full Member means any person who is in one of the categories of membership referred to in Rule 10.3.

  • Executive Member means any elected member of the authority appointed to the executive of that authority;

  • Active member means a member of the pension program or the individual account program

  • Principal Member means the person who signs the application and is responsible for the payment of premiums.

  • Financial Member means a person who has paid the required membership fee and is listed on the Register of Members.

  • Contributing Member shall have the meaning set forth in Section 3.2(b).

  • Service member means a member of the armed forces, a reserve branch of the armed forces, or the Michigan national guard.

  • Tribal Member means an enrolled member of the Tribe.

  • Participating member means an eligible employee who elects to participate in the defined contribution retirement plan established under this chapter.

  • Associate Member means a person appointed to perform specific statutory and non-statutory duties which have been delegated by the Trust Board for them to perform and these duties have been recorded in an appropriate Trust Board minute or other suitable record.