Membership Rights means all of the rights of a Member in the Company, including a Member’s: (a) Interest; (b) right to inspect the Company’s books and records; (c) right to participate in the management of and vote on matters coming before the Company; and (d) unless this Operating Agreement or the Certificate of Formation provide to the contrary, right to act as an agent of the Company.

Membership Rights means all of the rights of a Member in the Company, including a Member's: (i) Membership Interest; and (ii) the rights granted to Members under this Agreement or under the Act.

Membership Rights means and refer to the rights of Members. “Married Couple” shall mean a legally recognized martial union.

Examples of Membership Rights in a sentence

The Member may Transfer all, or any portion of, the Member’s interest or rights in the Member’s Membership Rights to one or more Successors.
That the Committee agrees not to proceed with the introduction of a pedestrian phase at the Station Road/Tubbs Road junction.
Any Person to whom Membership Rights are attempted to be transferred in violation of this Section shall not be entitled to vote on matters coming before the Members, participate in the management of the Company, act as an agent of the Company, receive distributions from the Company, or have any other rights in or with respect to the Membership Rights.
Membership Rights and ResponsibilitiesMembership rights and responsibilities shall be as defined in the CIU By-Laws.
Except as provided or limited in the articles of incorporation or the Wisconsin Insurance Code, each Member holding Class A Membership Rights is entitled to one vote for each Class A Membership Right held by such Member on each matter voted on at a meeting of Members.

More Definitions of Membership Rights

Membership Rights. The rights of the Members, which are comprised of: (1) the Members’ Membership Interest, and (2) the Members’ right to vote and to otherwise participate in the management and governance of the Company.

Membership Rights means, collectively, the Class A Membership Rights and Class B Membership Rights as described in more detail in the Second Amended and Restated Bylaws of QHPC that is included as a Related Agreement.

Membership Rights shall have the meaning ascribed to such term in Section 2.5.

Membership Rights means all of the rights of a member of the Company, including a member’s: (i) Interests; (ii) right to inspect the Company’s books and records; and (iii) right to vote on matters coming before the members, if any.

Membership Rights means all legal and beneficial ownership interests in, and rights and duties as a Member of, the Company, including, without limitation, the right to share in Net Income and Net Loss, the right to receive distributions of cash and other property from the Company, and the right to receive allocations of items of income, gain, loss, deduction and credit and similar items from the Company.

Membership Rights means all of the rights of a member in a company including membership interest, voting rights and any other rights or interest arising from or incidental to being a member whether prescribed in this Act or in an operating agreement or otherwise at law;

Membership Rights means with respect to any Member, (a) the Member’s status as a Member; (b) that Member’s Units and Interest; (c) all other rights, benefits and privileges enjoyed by that Member (under the TBOC, the Certificate, this Agreement or otherwise) in its capacity as a Member, including that Member’s rights to vote, consent and approve and otherwise to participate in the management of Company; and (d) all obligations, duties and liabilities imposed on that Member (under the TBOC, the Certificate, this Agreement or otherwise) in its capacity as a Member, including any obligations to make Capital Contributions.