Material Member definition

Material Member means each of (i) Xxxxxx-Jewish Hospital, so long as such Member of the Obligated Group accounts for twenty-five percent (25%) or more of the total net revenues of the consolidated Obligated Group, determined on the basis of the “Net Revenue” update for the most recently completed Fiscal Year delivered to the Purchaser pursuant to Section 5.01(ii)(4) hereof, and (ii) a Member of the Obligated Group, or an aggregation or combination of Members of the Obligated Group, whose total net revenues of the consolidated Obligated Group accounts for fifty percent (50%) or more of the total net revenues of the consolidated Obligated Group, determined on the basis of the “Net Revenue” update for the most recently completed Fiscal Year delivered to the Purchaser pursuant to Section 5.01(ii)(4) hereof.
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Material Member means any Member of the Obligated Group with revenues that equal or exceed 10% of the aggregate revenues of the Credit Group.
Sample 1
Material Member means any company being part of the Group whose EBITDA, revenues or total fixed and current assets represent, 3% or more of any of the consolidated EBITDA, revenues or total fixed and current assets, respectively, of the Group.
Sample 1

Examples of Material Member in a sentence

  • The successful Bidder has to approach the consignee for reconciliation of the materials supplied as per approved Bill of Material (Member wise without any shortages) from time to time and get the completion certificate for receipt of complete structure quantities.

  • Since the date of such financial statements, there has been no Material Adverse Effect; provided that COVID-19 shall not constitute an adverse change in, or adverse effect upon, the operations, business, Property, condition (financial or otherwise), performance or prospects of the Corporation, any Material Member or of the Obligated Group, considered as a whole.

  • A final decision of an authority of the relevant jurisdiction or a decision of the relevant body of the Issuer, the Guarantor, EPAS or any Material Member of DKHI Group is adopted on dissolution with liquidation.

  • Member Type Material Member [mm] Length [m]Primery LoadingSecondary LoadingTension [kN]Compression [kN]Tension [kN]Compression [kN] Table 3.6 Result of analysis for maximum and minimum deflection.

  • The Issuer, the Guarantor, EPAS or any Material Member of DKHI Group ceases to carry on its principal business or ceases to hold a valid licence or permit to pursue its principal business.

  • Material Member of the Navitas Group means Navitas or any member of the Navitas Group whose assets account for more than 5% of the total consolidated assets of the Navitas Group.

  • At the time of determination, decision makers were presented with two sets of measurements.

  • As of the date of this Agreement, each of the Material Member Agreements is in full force and effect, and is a valid and binding obligation against the Company or any of its Subsidiaries, as applicable.

  • Section 4.20(c)(vii) of the Company Disclosure Letter sets forth a true, correct and materially complete summary as of the date of this Agreement of all Material Member Agreements entered into by the Company or any of its Subsidiaries, including the names of such Top Customers, the total current monthly fees due under the Material Member Agreements, and the amount of retained fees currently held by the Company or any of its Subsidiaries with respect to the Material Member Agreement.

  • Thus, a “hole” has to be in place in each of the fire- walls to allow the flow of IPv6 packets which are en- capsulated in IPv4 packets.IV.A. Types of HandoffHandoffs are categorised into two groups: horizontal and vertical handoffs.Horizontal handoff is the handoff between any two points of attachment of the same wireless network technology.Vertical handoff is the handoff between any two different wireless network technologies.

Related to Material Member

  • Potential Member means an individual who meets the eligibility requirements to enroll in the Oregon Health Plan but has not yet enrolled with a specific PHP or CCO.

  • Financial Member means a person who has paid the required membership fee and is listed on the Register of Members.

  • Special Member means, upon such person's admission to the Company as a member of the Company pursuant to Section 5(c), a person acting as Independent Director, in such person's capacity as a member of the Company. A Special Member shall only have the rights and duties expressly set forth in this Agreement.

  • Initial Member has the meaning set forth in the introductory paragraph.

  • Full Member means any person who is in one of the categories of membership referred to in Rule 10.3.

  • Principal Member means the person who signs the application and is responsible for the payment of premiums.

  • Tribal Member means an enrolled member of the Tribe.

  • Panel Member ’ means a member of a panel;

  • Interested Member means any person (other than the Company and any direct or indirect majority-owned subsidiary of the Company) that:

  • Individual Member means a registered, financial Member of the Club who is at least 18 years of age.

  • Council Member means a member of the Council;

  • General Member means a member subject to the provisions of

  • Affiliate Member means an individual who is an umpire, referee, coach or other official who is associated with the Association but who is not an Individual Member.

  • A Member means a companion, fellow, member, honorary member, associate or affiliate of the Society

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

  • Inactive member means a member of the pension program or the individual account pro-

  • ☐ - 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).

  • Structural member means any load-supporting member of a facility, such as beams and load-supporting walls, or any nonload-supporting member, such as ceilings and nonload-supporting walls.

  • of a Member means the salary corresponding in any given year to a full-time appointment at the member's rank and step, as set out for that year in Schedule A.

  • Staff member means a staff member as defined in section 1(1) of the Public Service Act, 1995 (Act No. 13 of 1995);

  • Initial Members means those Persons whose names are set forth in the first sentence of this Agreement. A reference to an “Initial Member” means any of the Initial Members.

  • Active member means a member of the pension program or the individual account program

  • Lead Member shall, in the case of a joint venture, mean the member of such joint venture who shall have the authority to bind the contractor and each member of the Joint venture; and shall be deemed to be the Contractor for the purposes of this Agreement; the Lead Member shall itself undertake and perform at least 51% (fifty one per cent) of the total length of the Project Highway;

  • Service member means a member of the armed forces, a reserve branch of the armed forces, or the Michigan national guard.

  • Original member of this retirement system means:

  • Executive Member means any elected member of the authority appointed to the executive of that authority;