Examples of New Membership in a sentence
Additional members may only be admitted to the Company through a Certificate of New Membership issuance by the company of new interest in the Company or as otherwise provided in this agreement.
Upon the Effective Date, after giving effect to the transactions contemplated hereby, the New Membership Interests of Reorganized Parent shall be governed by the New Organizational Documents.
The New Membership Interests of Reorganized Parent shall constitute a single class of Equity Security in Reorganized Parent and there shall exist no other Equity Securities, warrants, options, or other agreements to acquire any equity interest in Reorganized Parent.
On the Effective Date, as a condition to receiving any distribution of New Membership Interests, all holders of the New Membership Interests shall be deemed parties to and bound by the New Operating Agreement that will be filed with the Plan Supplement and that shall contain customary terms including transfer restrictions, preemptive rights, right of first offer, tag-along rights, drag-along rights, and certain information rights.
Carbon monoxide (CO) detector shall be a system-connected System Sensor model number CO1224T or CO1224TR listed to Underwriters Laboratories UL 2075 for Gas and Vapor Detectors and Sensors.
The New Operating Agreement shall be binding on Reorganized Parent and all parties receiving, and all holders of, the New Membership Interests (whether received under the Plan or otherwise) regardless of whether such parties execute the New Operating Agreement.
New Membership dues received after July 1 are 50% less than the current published dues.
The issuance of and the distribution under this Plan of the New Membership Interests and the New Unsecured Notes shall be exempt from registration under the Securities Act and any other applicable securities laws to the fullest extent permitted by section 1145 of the Bankruptcy Code.
The National 1st Vice Commander for membership will be responsible for the distribution of National Pre-Printed Cards and all numbered New Membership Cards to all Department 1st Vice Commanders for membership.
Figure 1 shows the absolute numbers of plans and numbers of members for the years 1970 to 2001 respectively.One fact that can elude a casual observer when examining these trends is that they contain a substantial increase in the number of plans that are Closed to New Membership.