Gifting Member definition

Gifting Member means any Member or Economic Interest Owner who gifts, bequeaths or otherwise transfers for no consideration (by operation of law or otherwise, except with respect to bankruptcy) all or any part of its Membership Interest or Economic Interest.
Gifting Member means any Member who gifts, bequeaths or otherwise transfers for no consideration (by operation of law or otherwise, except with respect to bankruptcy) all or any part of his/its Membership Interest.
Gifting Member means any Member who gifts, bequeaths or otherwise -------------- transfers for no consideration (by operation of law or otherwise) all or any part of its Membership Interest in accordance with the provisions of Article IX of this Operating Agreement.

Examples of Gifting Member in a sentence

  • Gifting Member will receive a $5 discount toward next year’s dues for each gift membership purchased, up to the maximum of membership dues.


More Definitions of Gifting Member

Gifting Member means any Member who gifts, bequeaths or otherwise transfers for no consideration (by operation of law or otherwise, except with respect to bankruptcy) all or any part of its Membership Interest or Economic Interest.

Related to Gifting Member

  • Initiating Member shall have the meaning provided in Section 15.2(a).

  • Founding Member means any individual who is either:

  • Contributing Member shall have the meaning set forth in Section 3.2(b).

  • Participating member means an eligible employee who elects to participate in the defined contribution retirement plan established under this chapter.

  • Redeeming Member has the meaning set forth in Section 11.01(a).

  • Managing Member is defined in the recitals to this Agreement.

  • Selling Member has the meaning set forth in Section 10.5(a).

  • Founding Members means the collective reference to American Multi-Cinema, Inc., a Missouri corporation, Cinemark Media, Inc., a Delaware corporation, and Regal CineMedia Holdings, LLC, a Delaware limited liability company.

  • Voting Member means a Member holding one or more Voting Shares.

  • Disposing Member is defined in Section 4.1.

  • Panel Member ’ means a member of a panel;

  • lay member means a member of the Authority, who is not, nor has been:

  • Purchasing Member has the meaning set forth in Section 9.2(c).

  • Remaining Members has the meaning set forth in Section 11.2.

  • Defaulting Member has the meaning set forth in Section 3.3(a).

  • Trading Member means a Person who has been approved by Nadex to trade directly and not through a FCM Member on the Market, and does not include any FCM Member.

  • Non-Managing Member means any Member other than the Managing Member.

  • ☐ - MULTI-MEMBER The “Capital Account” for each Member shall mean the account created and maintained for the Member in accordance with Section 704(b) of the Internal Revenue Code and Treasury Regulation Section 1.704-1(b)(2)(iv).

  • Non-Contributing Member shall have the meaning set forth in Section 3.2(b).

  • Clearing Member means a registered broker-dealer which is a clearing member under the rules of O.C.C. and a member of a national securities exchange qualified to act as a custodian for an investment company, or any broker-dealer reasonably believed by the Custodian to be such a clearing member.

  • Transferring Member has the meaning set forth in Section 9.4.

  • Founder Member means a subscriber to these rules for the purposes of registration;

  • Exchanging Member means a Member that Exchanges some or all of its Units.

  • Public member means an individual who is not, and never

  • 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.

  • Bona fide member means an individual who participates in activities of a qualified organization