Option Member definition

Option Member has the meaning given that term in Section 8.5.1 hereof.
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Option Member has the meaning set forth in Section 6.3(b)(i).
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Option Member has the meaning set forth in Section 9.2(a) of this Agreement.
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Examples of Option Member in a sentence

  • Utility and fuel supplier invoices contain valuable information about consumption that may be tabulated.

  • The difference with the encouragement of self-regulation under Option 2 would be that under the present Option Member States should ensure a broad coverage of the system.

  • Under this Option, Member States would retain full discretion as to whether or not to use any of the powers given by the regulatory framework (which however are limited to the electronic communications sector, e.g. they do not enable NRAs to take measures imposing sharing of infrastructure and coordination of civil works across utilities and other infrastructure owners).

  • At member's death payments stop.100% Survivor Option Member is paid a reduced pension.At death, 100% of the reduced pension is continued for the life of the member’s beneficiary.50% Survivor Option Member is paid a reduced pension.At death, 50% of the reduced pension is continued for the life of the member’s beneficiary.Monthly benefit beneficiaries must be a natural person with an insurable interest in the pension member.A refund of contributions and interest is available on the member’s separation date.

  • A list of providers can be located on the Molina Dual Option Member website or by calling Member Services.

  • In cases where an option is held by more than one Option Member, each purchasing Option Member shall be entitled to purchase his or her proportionate share of the Membership Interest subject to the option.

  • One membership in each Division required for membership may be independently assigned.COMEX Option Memberships may be assigned solely for the purpose of trading those contracts which a COMEX Option Member is permitted to trade.The memberships may be held in the name of the member firm, principals or employees of the member, or persons with an acceptable proprietary interest in the member firm.

  • Every teacher is expected to take a full and effective part in remedial coaching, supervised study and the co-curricular activities of the schools and the hostel attached to it.No employees shall participate in any demonstration which is against the interest of the Society or Public Order.Casual leave admissible to an employee shall be 15 days during the calendar year.

  • An Option Member's proportionate share shall equal the total amount of Membership Interests subject to the option multiplied by a fraction the numerator of which is the amount of Membership Interests held by such Option Member and the denominator of which shall be the amount of Membership Interests held by all Option Members electing to exercise the option.

  • If Option Member fails to deliver written notice of the Option Event within the timeframe set forth herein, any Member or Series Member with knowledge of the Option Event may deliver written notice of the occurrence of the Option Event to the Manager.


More Definitions of Option Member

Option Member means any member of record of COMEX who is a natural person and who holds one or more of the authorized and outstanding 238 option memberships in COMEX as of the Effective Date, and as thereafter may from time to time have been, or be, transferred, whether the member owns his or her membership or holds such membership pursuant to an A-B-C Agreement.
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Option Member shall include an Option Member’s personal representative or trustee in bankruptcy, to the extent applicable. Notwithstanding any other provision in this Operating Agreement, a Member may freely sell, convey, or otherwise transfer its Membership Interest to (a) a trust for the sole benefit of such Member or (b) the guardian, custodian or conservator of such Member’s estate.
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Option Member has the meaning given that term in Section 8.5.1 hereof. [***] Confidential treatment requested. Omitted portions have been filed separately with the Securities and Exchange Commission.
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Option Member shall include an Option Member’s trustee in bankruptcy, to the extent applicable.
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Related to Option Member

  • non-member means a person (national or overseas) who is not a member of the Teaching Service e.g. new graduate, new overseas recruit, resigned teacher etc..

  • Common Member means a Member holding Common Units.

  • Plan Member means each Member any of the assets of which are subject to any Plan Governing Law.

  • Association Member means an owner or a member of an association.

  • lay member means a member of the Authority, who is not, nor has been:

  • Founder Member means a subscriber to these rules for the purposes of registration;

  • Other Member means a Voting Member who is not an Eligible Account Holder or a Supplemental Eligible Account Holder.

  • Regular Member means any Member, excluding the Managing Member and any Special Members.

  • Equity Member means each member of the Respondent team that will contribute equity as part of the financing of the Project.

  • Unit Holder means the owner of one or more Units.

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.

  • Rollover Unit holder shall be defined as set forth in Section 5.05, herein."

  • Common Unitholder means a Member who is the registered holder of Common Units.

  • Public member means an individual who is not, and never

  • Team Member means an individual who is allowed to access the Cloud Service but is only granted membership in groups associated with “Team Member” permissions for the Cloud Service.2

  • Junior Member means a registered Member of the Club who is younger than 18 years of age.

  • Employee Member means a member of the “Bargaining Unit”.

  • Deferred member means a person who elected to receive deferred vested retirement

  • ☐ - MULTI-MEMBER The “Capital Account” for each Member shall mean the account created and maintained for the Member in accordance with Section 704(b) of the Internal Revenue Code and Treasury Regulation Section 1.704-1(b)(2)(iv).

  • Participating member means an eligible employee who elects to participate in the defined contribution retirement plan established under this chapter.

  • Service member means a member of the armed forces, a reserve branch of the armed forces, or the Michigan national guard.

  • Co-opted Member means a person who is not a member of the authority but who-

  • Lead Member shall, in the case of a joint venture, mean the member of such joint venture who shall have the authority to bind the contractor and each member of the Joint venture; and shall be deemed to be the Contractor for the purposes of this Agreement; the Lead Member shall itself undertake and perform at least 51% (fifty one per cent) of the total length of the Project Highway;

  • Executive Member means any elected member of the authority appointed to the executive of that authority;

  • Holder or Unit Holder means the investor for the time being entered in the Register as owner of a Unit including investors jointly so registered pursuant to the provisions of the Trust Deed.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.