Conflicted Member definition

Conflicted Member means a Member that is, or has an Affiliate that is, the counterparty to an Affiliate Contract or that otherwise has a conflict of interest with the Company or any of its Subsidiaries with respect to an Affiliate Contract.
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Conflicted Member has the meaning set forth in Section 5.3(b).
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Conflicted Member means a Director of either (i) the Board of Directors of LCH.Clearnet Group Limited or the Board of Directors of LCH.Clearnet SA or (ii) a member of the Risk Committee being conflicted pursuant to the provisions of the provisions set out in Annex 9 of this Agreement;
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Examples of Conflicted Member in a sentence

  • The Chair, after consulting with the other Board Members from the Jurisdiction of the Conflicted Member and other members of the Ethics Committee, will select a replacement representing the same Jurisdiction as the Conflicted Member, provided there is a member from that Jurisdiction who can fulfill the responsibilities of a member of the Ethics Committee (e.g. does not have a conflict).

  • The Chair, after consulting with the other Board Members from the Jurisdiction of the Conflicted Member and other members of the Ethics Committee, will select a replacement representing the same Jurisdiction as the Conflicted Member, provided there is a member from that Jurisdiction who can fulfill the responsibilities of a member of the Ethics Committee (e.g., does not have a conflict).

  • An Ethics Committee member who is unable to fulfill his or her duties on the Committee due to an Actual or Apparent Conflict of Interest (“ Conflicted Member”) may not designate his or her own replacement; instead the Conflicted Member will so inform the Chair of the Ethics Committee, who will select a replacement.

  • An Ethics Committee member who is unable to fulfill his or her duties on the Committee due to an Actual or Conflict of Interest or the Appearance of aApparent Conflict of Interest (“Conflicted Member”) may not designate his or her own replacement; instead the Conflicted Member will so inform the Chair of the Ethics Committee, who will select a replacement.

  • An Ethics Committee member who is unable to fulfill his or her duties on the Committee due to an Actual Conflict of Interest or the Appearance of a Conflict (“Conflicted Member”) may not designate his or her own replacement; instead the Conflicted Member will so inform the Chair of the Ethics Committee, who will select a replacement.

  • An Ethics Committee member who is unable to fulfill his orher duties on the Committee due to a Conflict of Interest (“ Conflicted Member”) may not designate his or her own replacement; instead the Conflicted Member will so inform the Chair of the Ethics Committee, who will select a replacement.

  • However, the plaintiff submits that Norwegian law includes no limitation on its right of subrogation in this regard, as foreign institutions are not subject to Section 3-7 of the Norwegian Damages Act.

  • Notwithstanding paragraph 5, if the Conflicted Member has a non-pecuniary interest which it reasonably considers is not significant and does not require further action, in the Conflict Notice the Conflicted Member must provide an explanation as to why the conflict of that non-pecuniary interest does not require further action in the circumstances.

  • The MPAC may accept, (with or without conditions) or reject, any proposal set out in theConflict Notice issued by the Conflicted Member.

  • It is therefore most likely that the ECB will not decide to change interest rates until 2024.


More Definitions of Conflicted Member

Conflicted Member means (a) a Member that is (or has an Affiliate that is) the counterparty to the Company under an Affiliate Contract; (b) a Member that is (or has an Affiliate that is) the adversary or counterparty opposite the Company or any of its Subsidiaries on any other transaction or dispute giving rise to a Conflict Activity; or (c) a Member whose Guarantor has failed to perform under or rescinded, revoked, renounced, breached or terminated its Guaranty. “Construction” and its derivatives have the meaning set forth in the Construction Management Agreement or the Operating Agreement.
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Conflicted Member is defined in the definition of "Conflict Circumstance."
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Conflicted Member has the meaning set forth in Section 3.01(d).
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Conflicted Member has the meaning given to that term in Clause 9; Corporate Services Agreement means the agreement in the Agreed Form between the LLP and [ ]1 CTA 2010 means the Corporation Tax Act 2010;
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Conflicted Member means a Member that is (or has an Affiliate that is): (a) the counterparty to the Company or any of its Subsidiaries under an
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Conflicted Member means a member of the Board or any Committee that has or may have a Conflict of Interest.
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Related to Conflicted Member

  • Independent Member of the board means a member of the board who has no business, family or other relationship that raises a conflict of interests regarding the CCP concerned or its controlling shareholders, its management or its clearing members, and who has had no such relationship during the five years preceding his membership of the board;

  • Lead Member shall, in the case of a joint venture, mean the member of such joint venture who shall have the authority to bind the contractor and each member of the Joint venture; and shall be deemed to be the Contractor for the purposes of this Agreement; the Lead Member shall itself undertake and perform at least 51% (fifty one per cent) of the total length of the Project Highway;

  • Interested Member means any person (other than the Company and any direct or indirect majority-owned subsidiary of the Company) that:

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

  • Designated member means the spouse, child, grandchild, parent, brother, or sister of a deceased individual who owned an interest in a wholesaler, who is entitled to inherit the deceased individual's ownership interest in the wholesaler under the terms of the deceased individual's will, or who has otherwise been designated in writing by the deceased individual to succeed the deceased individual in the wholesaler's business, or is entitled to inherit such ownership interest under the laws of intestate succession of this state. With respect to an incapacitated individual owning an ownership interest in a wholesaler, the term means the person appointed by a court as the conservator of such individual's property. The term also includes the appointed and qualified personal representative and the testamentary trustee of a deceased individual owning an ownership interest in a wholesaler.

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

  • Potential Member means an individual who meets the eligibility requirements to enroll in the Oregon Health Plan but has not yet enrolled with a specific PHP or CCO.

  • Tribal Member means an enrolled member of the Tribe.

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

  • elected member means a member of the authority board who:

  • Qualified Member means a member of the Committee who is a “Non-Employee Director” within the meaning of Rule 16b-3(b)(3) and an “outside director” within the meaning of Regulation 1.162-27 under Code Section 162(m).

  • 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.

  • Special Member means, upon such person’s admission to the Company as a member of the Company pursuant to Section 5(c), a person acting as Independent Director, in such person’s capacity as a member of the Company. A Special Member shall only have the rights and duties expressly set forth in this Agreement.

  • FTR Holder means the PJM Member that has acquired and possesses an FTR.

  • Individual Member means a registered, financial Member of the Club who is at least 18 years of age.

  • Inactive member means a member of the pension program or the individual account pro-

  • Panel Member ’ means a member of a panel;

  • Covered Entity means any of the following:

  • lay member means a member of the Authority, who is not, nor has been:

  • Partner Group means any legal entity that has direct or indirect Control over the Partner and only as long as that legal entity maintains direct or indirect Control (“Parent Companies”) as well as all Associated Companies of the Parent Companies.

  • Student Member means the member of ICCB who has been selected by ICCB's Student Advisory Committee. The student member has all the privileges of membership defined in Section 2-3 of the Act.

  • Related member means a person that, with respect to the taxpayer during all or any portion of the taxable year, is either a related entity, a component member as defined in section 1563(b) of the Internal Revenue Code, or a person to or from whom there is attribution of stock ownership in accordance with section 1563(e) of the Internal Revenue Code except, for purposes of determining whether a person is a related member under this division, "twenty per cent" shall be substituted for "5 percent" wherever "5 percent" appears in section 1563(e) of the Internal Revenue Code.

  • Household member means an adult living in the private residence out of which a program is operated, regardless of whether the adult is living there permanently or temporarily.

  • Permitted Holder Group shall have the meaning assigned to such term in the definition of “Permitted Holders.”

  • Unit Member refers to any employee who is included in the certificated employees' bargaining unit and, therefore, covered by the terms and provisions of this Agreement.

  • Managing Member is defined in the recitals to this Agreement.