Membership Transfer definition

Membership Transfer shall have the meaning set forth in Section 7.1(b).

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Membership Transfer means a one-time transfer of Membership, with the Membership Term and Privileges remaining “as is” at the time of transfer, to any of the Core Member / Next Member’s Immediate Family Member, without membership transfer fee as discussed in Clause 2.10;

Membership Transfer is defined in Section 7.1(b).

Examples of Membership Transfer in a sentence

A new certificate will be issued upon completing the Tap (Membership) Transfer form with the name of the new mortgagee listed.
If for any reason the Partnership Transfer does not occur simultaneously with the Membership Transfer, then the Membership Transfer and the Partnership Transfer shall be null and void and of no force and effect.
A transfer in compliance with such terms is referred to herein as a “Permitted Transfer.” If for any reason the transfer of such AAP Class A Units or PAGP Class B Shares does not occur simultaneously and proportionately with the Membership Transfer, then the Membership Transfer shall be null and void and of no force and effect.
If for any reason the Membership Transfer does not occur simultaneously with the Partnership Transfer, then the Partnership Transfer shall be null and void and of no force and effect.
Membership Transfer and Assignment of this Agreement: As a broad rule, if you use another Club more than our Club, (using the criteria set out in this Agreement) your Membership and this Agreement will be transferred from our Club to the Club you visit the most.
If for any reason Plains AAP Transfer does not occur simultaneously with the Membership Transfer, then the Membership Transfer and Plains AAP Transfer shall be null and void and of no force and effect.
At Closing, Seller shall deliver to the Buyer a final, executed Membership Transfer Documents and a ▇▇▇▇ of Sale transferring to Buyer all of the assets of the Business sold hereunder, free and clear of any and all liens, encumbrances, security interests, debts or taxes of any nature whatsoever.
Membership Transfer: • Memberships may NOT be transferred from family member to family member.
A transfer in compliance with such terms is referred to herein as a “Permitted Transfer.” If for any reason the transfer of such AAP Class A Units and PAGP Class B Shares does not occur simultaneously and proportionately with the Membership Transfer, then the Membership Transfer shall be null and void and of no force and effect.
If you are a Contracted Term member whose payments are up to date, you may transfer your membership to a person approved by ClubActive management in accordance with ClubActive’s Membership Transfer Policy available at clubactive.

More Definitions of Membership Transfer

Membership Transfer has the meaning set forth in Section 8.1(a). “MLP” means Plains All American Pipeline, L.P., a Delaware limited partnership. “MLP Common Units” has the meaning given to “Common Units” in the MLP Partnership Agreement. “MLP Partnership Agreement” means the Seventh Amended and Restated Agreement of Limited Partnership of Plains All American Pipeline, L.P., dated as of October 10, 2017, as such may be further amended, modified, supplemented or restated from time to time in accordance with the terms thereof. “MLP Redemption Units” means MLP Common Units received by a Member upon an AAP Redemption. “National Securities Exchange” means an exchange registered with the Commission under Section 6(a) of the Securities Exchange Act or any successor to such statute. “Non-Management Directors” means the Independent Directors and any Director who is not currently serving as an Officer of the Company or of Plains All American GP LLC. “Notice” means a writing, containing the information required by this Agreement to be communicated to a party, and shall be deemed to have been received (a) when personally delivered or sent by facsimile, (b) one day following delivery by overnight delivery courier, with all delivery charges pre-paid, or (c) on the third Business Day following the date on which it was sent by United States mail, postage prepaid, to such party at the address or fax number, as the case may be, of such party as shown on the records of the Company. “Officers” has the meaning set forth in Section 6.9. “Original Agreement” means the Amended and Restated Limited Liability Company Agreement of the Company, dated as of October 21, 2013. “Original Members” means each of the owners of limited liability company interests in the Company as of the date of the Original Agreement as set forth in Schedule 1 attached hereto.

Membership Transfer shall have the meaning set forth in Section 9.1(b). EXECUTION COPY

Membership Transfer is defined in Section 7.1(b). "MINIMUM GAIN" shall have the meaning assigned to that term in Regulation Section 1.704-2(d).

Membership Transfer means transfers by NNN Exchange of more than forty-nine percent (49%) of the non-managing membership interests in NNN Exchange or the issuance of additional non-managing membership interests in NNN Exchange.

Membership Transfer. Membership can only be transferred to a non-financial member on payment of transfer joining fee and any associated start-up fees, along with completing a new Membership Agreement.  Misrepresentation of personal information.  Engaging in fraudulent activity.  Failure to comply with safety instructions.  Deliberate endangerment of others.