Departing Member definition

Departing Member as used herein, will mean a Company that is no longer permitted under the Code to be included in the consolidated federal income tax return.
Departing Member shall have the meaning specified in paragraph 10(a) hereof.
Departing Member as used in paragraph 11, shall mean the TAP Subgroup at the time when it is no longer includible in the Citigroup Affiliated Group.

Examples of Departing Member in a sentence

  • And it has to change in order to be an effective part of governance – it has to be appropriate to new contexts and circumstances or it simply will not work.

  • The Departing Member and the Remaining Member shall negotiate in good faith for a period of 30 days following exercise of the CTE Call Right to agree on the price that the Remaining Member shall pay for the Departing Member’s Ownership Interest.

  • The rights set forth in Section 1, and as limited by Sections 2 and 3, are cumulative and may be exercised only before the earlier of (a) the date which is ten (10) years from the date of this Agreement or (b) the date which is 120 days following Employee’s last date of employment with the Company.

  • TeratogenicityRosin:Animal testing showed no developmental toxicity.Disulfiram:Animal testing showed no developmental toxicity.Information given is based on data obtained from similar substances.Note:Following an assessment of the possible routes of exposure in the use of this product, the route used to collect effects information for one or more components has been shown to be negligible, and therefore, has not been considered in the final hazard classification of the product.

  • The Buyout Notice shall specify the date on which the Transfer pursuant to an exercise of the Buyout Option shall be consummated, which date shall be no earlier than 30 days nor later than 90 days from the date of the Buyout Notice, unless otherwise agreed by the Remaining Member and the Departing Member.


More Definitions of Departing Member

Departing Member and "Transferor" shall include the Person(s) to whom the Member Interest was so transferred and the "Buyback Interest" shall include the Member Interest held by such Person.
Departing Member. Departing Member" means any Member whose conduct results in a Dissolution Event or who withdraws from the Company in accordance with Section 4.3, where such withdrawal does not result in dissolution of the Company.
Departing Member shall have the meaning set forth in Section 16.1.
Departing Member means a Belvedere Member (or the duly and validly appointed representative of such Member in any instance wherein the Belvedere Member is deemed by a court of competent jurisdiction not to have the physical or mental capacity to act on his own behalf) whose employment terminated due to such Member’s Disability, or the estate of a deceased Belvedere Member whose employment terminated due to such Belvedere Member’s death.
Departing Member has the meaning set forth in Section 8.05(d).
Departing Member has the meaning specified in Section 9.1 of this Agreement.
Departing Member means a former Manager from and after the effective date of any withdrawal or removal of such former Manager pursuant to Section 11.1 or 11.2.