Non-Participating Member definition

Non-Participating Member has the meaning specified in Section 6.1(c).

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Non-Participating Member has the meaning set forth in § 4.2 hereof.

Non-Participating Member is defined in Section 3.6(b).

Examples of Non-Participating Member in a sentence

The SRB also represents National Resolution Authorities of the Participating Member States for the purpose of consultation and cooperation with Non-Participating Member States or third countries pursuant to Article 32(1) of the SRM Regulation and conclude cooperation arrangements on behalf of National Resolution Authorities of Participating Member States pursuant to Article 32(4) of the SRM Regulation.
The SRB shall also represent National Resolution Authorities of the Participating Member States for the purpose of consultation and cooperation with Non-Participating Member States or third countries pursuant to Article 32(1) of the SRM Regulation and conclude cooperation arrangements on behalf of National Resolution Authorities of Participating Member States pursuant to Article 32(4) of the SRM Regulation.
Additional Member Loans shall be payable to the Advancing Member solely from (i) payments received by the Non-Participating Member on account of Member Loans made by the Non-Participating Member to the Company, and (ii) the Non-Participating Member’s allocable share of the first available Net Cash Flow after payments with respect to any Member Loans.
If an Advancing Member makes an Additional Member Loan to a Non-Participating Member, the Non-Participating Member shall immediately make a Member Loan in the same amount to the Company, and the Advancing Member may remit the proceeds of the Additional Member Loan directly to the Company in satisfaction of such Non-Participating Member’s obligation to make such Member Loan.
Any Additional Member Loan made to a Non-Participating Member pursuant to §4.2 shall be evidenced by a promissory note duly issued by the Non-Participating Member.

More Definitions of Non-Participating Member

Non-Participating Member has the meaning set forth in Section 9.04(d).

Non-Participating Member means each Owner who does not hold a Participating Membership. Non-Participating Members include only the Grandfathered Until Participating Members and Grandfathered Until Sale Members. No other Members may become Non-Participating Members under any circumstances. Non-Participating Members were formerly known as “Class D Members”.

Non-Participating Member means, with respect to any Special Expansion Project, the Members other than the Participating Members in such Special Expansion Project.

Non-Participating Member has the meaning set forth in Section 3.8(e).

Non-Participating Member means, with respect to any Non-Participatory Growth Capital Project, the Member that elects not to participate in such Non-Participatory Growth Capital Project.

Non-Participating Member has the meaning assigned in Section 4.02(c). "[REDACTED - Commercially Sensitive Information]"

Non-Participating Member shall have the meaning set forth in Section 2.08.