Former Member definition

Former Member means a member that has withdrawn from a qualified authority under this section or a prior member of a qualified authority that has been dissolved under this section.

Former Member refer to such Persons as hereafter from time to time cease to be a Non-Managing Member or Member, respectively, pursuant to the terms and provisions of this Agreement.

Former Member means a person who is not a Member nor a pensioner under the S&FB Act, but who has been —

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.

More Definitions of Former Member

Former Member means an individual who was a member and who terminates employment upon which his or her membership is based for any reason.

Former Member has the meaning set forth in Section 10.1.

Former Member means (a) a Member whose employment with the Company or an Affiliated Employer terminates before he or she has completed five or more years of Service, or (b) a Member who was removed from participation in the Plan, in accordance with Section 2.2 hereof, before he or she has completed five or more years of Service.

Former Member means an institution, other than a Member, that owns Capital Stock, and includes without limitation (1) a former Member that has withdrawn voluntarily from Membership, (2) a former Member whose Membership has been terminated as a result of merger or consolidation into a nonmember, (3) a former Member whose Membership has been terminated as a result of relocation of its principal place of business, (4) a former Member whose Membership has been terminated involuntarily by the Board of Directors, (5) a former Member that has become subject to the appointment of a conservator, receiver, or other legal custodian under federal or state law, (6) any other successor in interest to a Member or Former Member, and (7) a newly chartered nonmember institution under the control of a conservator, or deposit insurance agency, that has acquired some or all the assets and liabilities of a Member or Former Member.

Former Member means a person who was a member, but who has resigned, has been appointed to the judiciary or has been disbarred;

Former Member means a member who has been laid off pursuant to this Article whose recall and seniority rights have not ceased pursuant to Article 28.9.3.

Former Member shall have the meaning ascribed to it in Section 8.2.