First Members definition
Examples of First Members in a sentence
Ἀλφαβητικὸς κατάλογος τῶν πρώτων μελῶν τῆς Ἑλληνικῆς ἀδελφότητας Βενετίας ἀπὸ τὸ κατάστιχο 129, 1498-1530 [Index of First Members of the Greek Brotherhood of Venice from Record 129, 1498-1530].
First, Members may obtain a Members’ list in order to contact other Members, or the Board, in its sole discretion, may agree to deliver such notice on behalf of such Members.
First, Members may obtain a Members’ list in order to contact other Members, or the Managing Member, in its sole discretion, may agree to deliver such notice on behalf of such Members.
The Board will offer employees covered by this AGREEMENT the opportunity to have a portion of their net salary deposited in the First Members of NJ Federal Credit Union.
If the Second Member agrees to sell, or does not otherwise provide a reply Notice within such seven (7) day period that such Second Member rejects the Buy/Sell Notice offer and shall instead purchase the Interests of the First Members, then the First Member must purchase, and the Second Member must sell, the Second Member's Interests in the Company to the First Member for the Purchase Price set forth in the Buy/Sell Notice.
If employees have multiple Community First products, they will be entitled to the same allowance given to Community First Members on those accounts.
The Buy/Sell Notice shall designate a price (Purchase Price) at which such First Member is committed to purchase the entire interest of the Second Member, or alternatively, to sell such First Members' Interests in the Company to the Second Member.
If Second Member disagrees with any such proposed Fair Market Value, Second Member shall notify First Member in writing, within 10 business days after First Member's proposal is delivered, of its disagreement and its counterproposal (and failure to do so within such 10 business day period shall be deemed to constitute Second Member's agreement with First Member's proposal).
Upon written notification from an employee, the Board will withhold from the employee's pay and transmit to the First Members of NJ Credit Union such amounts as each employee shall designate.
First, Members holding Series A Preferred Interests shall be entitled to receive, when, as and if declared by the Manager, only out of funds legally available for the making of such distributions, cumulative cash distributions in an amount equal to the Series A Preferred Return with respect to each Series A Preferred Interest, and no more, payable quarterly on the 1st day of February, May, August and November in each year (each, a “Distribution Payment Date”), beginning on November 1, 2013.