Examples of Dissociation of a Member in a sentence
Directors need not be Members, except that the Dissociation of a Member who is also a Director disqualifies the Person from serving as a Director.
In the event of the Dissociation of a Member, all of the Managers appointed by such Dissociated Member shall be immediately and automatically removed as a Manager of the Company, without any further action on the part of the Members or Managers of the Company.
Upon the Dissociation of a Member, such Member shall resign all officer and Board positions he or she may hold, if any.
When the asset is sold, the partnership would recognise a total gain of $100 ($450 sales price less $350 cost).
In the event there has been the Dissociation of a Member or the dissolution of the Company the cost of any suit shall be shared equally by the plaintiffs; and the recoveries, if any, whether by judgment, award, decree, or settlement, will be shared in the same proportion.
Dylan Evans enumerates quite a few different nuances of jouissance in Lacan’s work: Jouissance as pleasure, or as orgasm; as desire; as an ethical stance; as jouissance of the Other; as feminine, or of the body; as connected to language.
It is agreed that in any such suit (i) the Members mutually agree to institute such suit; (ii) the suit shall be instituted in the names of the Members possessing or entitled to the license and the owner of the patent; and (iii) the expense of such suit or suits shall be borne by the Company, provided there has been no Dissociation of a Member or dissolution of the Company.
The removal of a Manager who is also a Member shall not affect the Manager's rights as a Member and shall not constitute a Dissociation of a Member.
The Company shall have the right to offset any payments due under this Article by any damages that the Company may incur as a result of a Dissociation of a Member in contravention of this Operating Agreement.
Upon the Dissociation of a Member other than pursuant to Section 11.1(a)(i), the transferee or other successor in interest to the dissociated Member’s Interest may, to the extent (and only to the extent) required by the Law, exercise all of such Dissociated Member’s rights hereunder as if such Dissociated Member has not Dissociated and, upon compliance with Article X, such person shall be admitted as a Member.