Class 1 Member definition

Class 1 Member means a Member holding a Class 1 Interest.
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Class 1 Member is any Class 1 Member that is for U.S. federal income tax purposes: (i) a nonresident alien individual or (ii) a foreign corporation, partnership or estate or trust.
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Class 1 Member means a Member that owns one or more Class 1 Interests.
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Examples of Class 1 Member in a sentence

  • Classes of Claims Unimpaired under the Plan (Priority Claims (Class 1), Member Claims (Class 2), Other Secured Claims (Class 4), and Interests (Class 6)) shall not be entitled to vote to accept or reject the Plan, and shall be conclusively presumed to have accepted the Plan pursuant to section 1126(f) of the Bankruptcy Code.

  • A Probationary Member shall be brought before the membership for consideration as a Class 1 Member.

  • A candidate must have been a Class 1 Member for at least three (3) years prior to election, each of the three years occurring in the last four years.

  • The Class 1 Member will designate which of the officers will have the authority to enter into or execute and deliver any and all contracts and other obligations or instruments in the name and on behalf of the Corporation.

  • A Class 2 Member shall have no right to vote on any matter that would require the approval of a Class 1 Member or stockholder of the Corporation under the Act.

  • Unless and until MBA as the Class 1 Member determines otherwise, MBA shall maintain a permanent seat on the Corporation’s Board of Directors which shall be filled by a representative designated by MBA in its sole discretion.

  • The Chair and Vice Chair (if any), upon consideration of the recommendations of the Nominating Committee, shall be appointed by the Class 1 Member.

  • To avoid future disappointment, it is important that both food businesses and solution providers are aware that these challenges will continue to exist also in blockchain-based implementations, and in particular that the latter group tone down the current overselling of the technology and stops pretending that it is a panacea that will fix all our problems in this area.

  • On the other hand, the brands of Passenger Vehicles operated by GCA are different from those operated by the Group, and its sales network covers the whole country, while the coverage density is different from the regions operated by the Group.

  • The admissions requirements for programmes of study are stated in the University’sRegulations for Academic Awards (Section 8 in the Student Regulation Framework).


More Definitions of Class 1 Member

Class 1 Member means a Member holding Units as a Class 1 Member.
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Class 1 Member means a Class 1 Member as defined or determined in accordance with the WECC Bylaws;
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Related to Class 1 Member

  • Class C Member means a Member holding the Class C Ordinary Share.

  • 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.

  • Class A Members means those Members who have purchased Class A Interests.

  • Class B Members means any Persons to whom Class B Membership Units are issued, and any assignee or transferee of such Persons permitted under the terms of this Agreement, and any other Person admitted to the Company in the future as a Class B Member pursuant to the terms hereof. The names of the Class B Members, and the Percentage Interests allocated to each such Class B Member, shall be reflected in the books and records of the Company.

  • Preferred Member means a Member holding Preferred Units.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • Class Member means a member of the Class.

  • Class A Limited Partner means EPCO Holdings, Inc., a Delaware corporation, and its successors and assigns.

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

  • Participating Class Member means a Class Member who does not submit a valid and timely Request for Exclusion from the Settlement.

  • Class Members means all individuals in the Settlement Class, including the Class Representatives.

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

  • Plan Member means each Member any of the assets of which are subject to any Plan Governing Law.

  • Unit Holder means the owner of one or more Units.

  • Interest Holder means any Person who holds an Interest, whether as a Member or as an unadmitted assignee of a Member.

  • Common Member means a Member holding Common Units.

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

  • Participating Class Members means all Class Members who do not submit valid

  • Unitholder means a person holding units in the scheme of the Mutual Fund.

  • Withdrawn Member means a Member whose interest in the Company has been terminated for any reason, including the occurrence of an event specified in Section 6.2, and shall include, unless the context requires otherwise, the estate or legal representatives of any such 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 2 A-1 Certificates and Class 1-X Component 2. Group 2 Certificates................ Group 2 Senior Certificates and the Subordinated Component related to Loan Group 2.

  • Class 1 A-1, Class 1-A-2 Class 1-A-8 and Class 1-A-9 Certificates.

  • Class H designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.