Member Power definition

Member Power means the member/stock power executed by Mezzanine Borrower and substantially in the form of Exhibit U.
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Examples of Member Power in a sentence

  • Further, pursuant to Section 5.02(b)(1) and (2), as stated above, the Committee only has the authority to appoint under the Grantor Consent Power and the Committee Unanimous Member Power only during Grantor’s lifetime.

  • A meeting was held on 12-02-2021 by the Committee constituted by Ministry of Power under the chairmanship of Member (Power Systems), CEA and as directed by Committee, KTL had submitted the Undertaking on 17-02-2021 and the NOC was granted by Irrigation Dept on 23-02-2021.

  • Under Part II, Article Eleventh, any appointment, direction, determination or action by the Committee must be made, given or taken in a writing either (1) executed by either of the Grantors or the survivor of them and by a majority of the other members of the Committee (Grantor’s Consent Power) or (2) executed by all then serving members of the Committee other than the Grantors (Unanimous Member Power).

  • Mezzanine Lender shall have received originals of the Certificates together with a Member Power endorsed in blank.

  • The Power of Appointment Committee may exercise this power under the Grantor’s Consent Power, the Unanimous Member Power, and the Adverse Party Power.

  • Any appointment, determination, or action by the Committee requires either (i) The unanimous written consent of the then serving members of the Committee, other than Grantor (Unanimous Member Power), or (ii) The written consent of Grantor and a majority of the other then serving members of the Committee (Grantor’s Consent Power).

  • Section 5.02(b)(2) provides that during Grantor’s lifetime, the Committee members, other than Grantor, by unanimous vote, may (but are not required to) appoint Trust income (including the whole thereof) to or for the benefit of any one or more of Grantor or the Lifetime Beneficiaries for any purposes at any time and from time to time (Unanimous Member Power).

  • Pursuant to the direction of Secretary (Power), MoP, a meeting held under chairmanship of Member (Power System), CEA on 14.10.2022 for resolving the issue of forest.

  • Section 5.02(b)(2) provides that during Grantor’s lifetime, the Committee members, other than Grantor, by unanimous vote, may (but are not required to) appoint Trust income or principal (including the whole thereof) to or for the benefit of any one or more of Grantor or the Lifetime Beneficiaries for any purposes at any time and from time to time (Unanimous Member Power).

  • The forum is chaired by Chairman, CERC and inter-alia had the following members- Chairperson CEA, Member (Power Systems) of CEA, Members of CERC, CEO of CTU, representatives from generating companies, both PSEs and private.

Related to Member Power

  • Solar Power means power generated from the Solar Photovoltaic Power Project;

  • Power Pool means the scheme operated by the Independent System Operator under the Act for exchange of Energy and financial settlement for the exchange of Energy;

  • Member Secretary means the Member Secretary of the Board;

  • net power means the power obtained on a test bench at the end of the crankshaft or its equivalent at the corresponding engine or motor speed with the auxiliaries, tested in accordance with Annex XX (Measurements of net power and the maximum 30 minutes power of electric drive train), and determined under reference atmospheric conditions;

  • Powers means all of the general and specific powers of the authority as provided in this chapter which shall be broadly and liberally interpreted to authorize the authority to act in accordance with the goals of the authority and in a manner consistent with the legislative findings and guiding principles.

  • auxiliary member means a person (non-citizen) who has been admitted to auxiliary membership of the Teaching Service.

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

  • Board of Management means the Board of Management of the University;

  • Presiding Member means the presiding member of a committee or the deputy presiding member, or a member of the committee when performing a function of the presiding member in accordance with the Act;

  • resolution power means a power referred to in Articles 63 to 72;

  • Industry member means a member of a national securities exchange or a member of a national securities association.

  • Executive Committee means the Executive Committee of the Board.

  • Secretary-Treasurer means Secretary-Treasurer of the Authority with the roles specified in the Act.

  • Deputy Secretary means the person holding, acting in, or performing the duties of Deputy Secretary of Higher Education and Skills in the Department.

  • Former position means the position held by a female or male employee immediately before proceeding on leave or part-time employment under this part whichever first occurs or, if such position no longer exists but there are other positions available for which the employee is qualified and the duties of which he or she is capable of performing, a position as nearly comparable in status and pay to that of the position first mentioned in this definition.

  • Board of Supervisors means the Board of Supervisors of Kern County.

  • (3) SECRETARY.—The term Secretary’ means

  • (4) SECRETARY.—The term Secretary’ means

  • Station Power means energy used for operating the electric equipment on the site of a generation facility located in the PJM Region or for the heating, lighting, air-conditioning and office equipment needs of buildings on the site of such a generation facility that are used in the operation, maintenance, or repair of the facility. Station Power does not include any energy (i) used to power synchronous condensers; (ii) used for pumping at a pumped storage facility; (iii) used in association with restoration or black start service; or (iv) that is Direct Charging Energy.

  • Power means electricity, except where the context makes clear that another meaning is intended.

  • (6) SECRETARY.—The term Secretary’ means

  • Cabinet Secretary means the Cabinet Secretary for the time being responsible for matters relating to finance;

  • Corporate Entity means a bank, corporation, partnership, limited liability company, association, joint venture or other organization, whether an incorporated or unincorporated organization.

  • Board of Directors means the board of directors of the Company.

  • (8) SECRETARY.—The term Secretary’ means

  • Bail-in Powers means any Write-down and Conversion Powers as defined in the EU Bail-in Legislation Schedule, in relation to the relevant Bail-in Legislation.