Significant Member definition

Significant Member means a Member (if any) whose Percentage Interest is [10]% or more.
Significant Member means each Member whose Ownership Percentage is at least 3%.
Significant Member means any person who has a legal or beneficial interest (whether direct or indirect, including by way of a position in a Financial Instrument) in 3% or more in any class of shares admitted to AIM;

Examples of Significant Member in a sentence

  • The third sentence of Section 6.2(a) of the LLC Agreement shall be amended and restated in its entirety as follows: The Tax Matters Member shall inform each other Significant Member of all significant matters that may come to its attention in its capacity as such by giving notice thereof within ten (10) days after becoming aware thereof and, within such time, shall forward to each other Significant Member copies of all significant written communications it may receive in such capacity.

  • If the Divorced Member does not elect to purchase such Divorce Units within such 30-day period, the Divorced Member shall give written notice (the “Non-Election Notice”) to each Significant Member (with a copy to the Company), no later than two (2) Business Days after the expiration of such 30-day period, indicating that the Divorced Member has not elected to purchase the Divorce Units.

  • Its elimination will require change within and outside of the criminal justice system.

  • Significant Member engagement has taken place through a range of activities regarding the new Highways Service including: • The Highways Task and Finish Group.

  • Significant Member –Brenda WildBrenda at Christmas Party 2015 Brenda Wild – Croquet History (In her own words) During 2008 I decided to look for a sport that wasn’t physically demanding on my body after playing hockey, squash & tennis for over 35 years.


More Definitions of Significant Member

Significant Member a Significant Subsidiary, as defined in Regulation S-X promulgated under the Securities Act of 1933, as amended, as such Regulation is in effect on the Closing Date; provided that where such Regulation refers to “10%”, such “10%” shall be replaced by “5%” for the purposes of this Agreement.
Significant Member means, at any time, any Member that holds (including affiliated investment funds of such Member and funds under common control of the same asset management firm as such Member) an Aggregate Senior Equity Unit Percentage of more than four percent (4%) at such time.
Significant Member means any person who has a legal or beneficial interest (whether direct or indirect, including by way of a position in a Financial Instrument) of 3% or more in any class of shares. This Schedule shall only have effect during such times as any Common Shares, or securities in the capital of the Corporation, are admitted to trading on AIM or a Regulated Market. During such time, each shareholder shall be under an obligation to make notifications in accordance with the provisions of this Schedule.
Significant Member means, as of any date, any Member holding 5% or more of the Common Membership Interests (on an as-converted basis) on such date.
Significant Member means each Member whose Ownership Percentage is at least 4%.
Significant Member means any Member holding more than fifteen percent (15%) in number of all outstanding Class A Units and Class B Units held by all Members (including the Manager, the Parent and all Controlled Entities of either of them).
Significant Member shall have the meaning set forth in Section 9.2(a).