Member Director definition

Member Director means a director (drawn from the membership of the company) appointed under articles 82 to 87;
Member Director means a Director elected or appointed pursuant to section 8(2)(a) of the Act and Section 5.02;
Member Director means a director (drawn from the membership of the company) appointed under articles 76 to 81;

Examples of Member Director in a sentence

  • Title to Company assets, whether real, personal or mixed and whether tangible or intangible, shall be deemed to be owned by the Company as an entity, and no Member, Director or Officer, individually or collectively, shall have any ownership interest in such Company assets or any portion thereof.

  • To the maximum extent permitted under the Act and other applicable law, no Member, Director or Officer of this Company shall be personally liable for any debt, obligation or liability of this Company merely by reason of being a Member, Director, Officer or all of the foregoing.

  • If any Member, Director or officer, as such, of the Company, is made a party to any suit or proceeding to enforce any such liability, subject to the foregoing exception, he shall not, on account thereof, be held to any personal liability.

  • Neither the Company, its Subsidiaries nor any Member, Director or Officer will have any right by virtue of this Agreement in or to such other business ventures or to the income or profits derived therefrom.

  • To the maximum extent permitted under the Act and other applicable law, no Member, Director or Officer shall be personally liable for any debt, obligation or liability of the Company merely by reason of being a Member, Director or Officer.


More Definitions of Member Director

Member Director means a director (drawn from the membership of the company) appointed under articles 78 to 83;
Member Director means a person appointed as a Member Director in accordance with clause 3.1.4.
Member Director means a Director appointed pursuant to Article 6 of this Agreement that represents a Member.
Member Director means a director or alternate director appointed by a Member pursuant to Article 7 of this Agreement.
Member Director means a Director who is elected as a Member Director and is appointed to the Board in accordance with Article 46;
Member Director means a director (drawn from the membership of the company) appointed under articles 66 to 71;
Member Director means a director appointed by the Members;