Examples of Former Member in a sentence
Any allocation of Patronage Capital not used to satisfy the debt owed by a Debt Owing Former Member will remain allocated to the Former Member on the records of the Corporation until and unless retired by action of the Board.
The total accumulated Unretired Patronage Capital of a Debt Owing Former Member allocated in the records of the Corporation shall be reduced by discounting the same, on a present value basis, and then deducting any debt of the Debt Owing Former Member to the Corporation.
Former Member of the Central Military Commission of the Workers Party of Korea.
Only debt owed to the Corporation will be satisfied, on a discounted basis, and no cash distribution shall be made to a Former Member pursuant to this Policy.
Guaranteed Amounts Payable to Former MemberAs of December 31, 2010, Guaranteed Amount Payable to Former Member was $0.120 million.