Membership definition

Membership means the definition of that term under section 6 as in effect for the particular fiscal year for which a particular calculation is made.
Membership means for a particular fiscal year the total membership for the immediately preceding fiscal year of the intermediate district and the districts constituent to the intermediate district.
Membership means the state of being a Member of CGCSA or GS1 and/or any Initiative.

Examples of Membership in a sentence

  • Thereafter, the Class A and Class B Members shall receive twenty percent (20%) and the Class M Members shall receive eighty percent (80%) of any remaining Distributable Cash ratably apportioned according to their Membership Interests.

  • With regards to a Membership Interest, the Fair Market Value shall be the amount that would be distributable to the Member holding such interest in the event that the assets of the Company were sold for cash and the proceeds, net of liabilities, were distributed to the holders of all Membership Interests pursuant to this Agreement.

  • Class M Membership Interests shall be calculated by dividing each Member’s Class M Units out of the total issued and outstanding Class M Units held by Members and multiplying the quotient by eighty percent (80%).

  • Investor Class Membership Interests shall collectively comprise seventy percent (70%) and Class M Membership Interests shall collectively comprise thirty percent (30%) of the total Membership Interests in the Company, with Membership Interest percentages for individual Members of each class shall be calculated as set forth in Section 2.1(ee).

  • Class Membership Interests shall be calculated by dividing each Member’s Units in the class out of the total issued and outstanding Units of the class held by Members.


More Definitions of Membership

Membership means a membership held by a Member to use and access the Revo Fitness Facilities on the terms and conditions contained in this Membership Agreement.
Membership means the rights of a member in a domestic or foreign nonstock corporation or
Membership means membership of the Company;
Membership means those persons to whom, for payment of fees, dues, assessments, etc., an
Membership means the collective group of members entitled to vote as defined by the community instruments.
Membership means that term as defined in section 6 of the state school aid act of 1979, MCL 388.1606.
Membership means certificates, memberships, shares, bonds, contracts, stocks, or agreements of any kind or character issued upon any plan offered generally to the public entitling the holder to purchase merchandise, materials, equipment, or service, either from the issuer or another person designated by the issuer, either under a franchise or otherwise, whether it be at a discount, at cost plus a percentage, at cost plus a fixed amount, at a fixed price, or on any other similar basis.