Special Member definition

Special Member means, upon such person's admission to the Company as a member of the Company pursuant to Section 5(c), a person acting as Independent Director, in such person's capacity as a member of the Company. A Special Member shall only have the rights and duties expressly set forth in this Agreement.
Special Member means, upon such person’s admission to the Company as a member of the Company pursuant to Section 5(c), a person acting as Independent Director, in such person’s capacity as a member of the Company. A Special Member shall only have the rights and duties expressly set forth in this Agreement.
Special Member shall have the meaning set forth in Section 6.1(b)(ii) hereof.

Examples of Special Member in a sentence

  • Fail at any time to maintain at least one Special Member (as such term is defined in the Organization Documents).


More Definitions of Special Member

Special Member is defined in Section 1.02(b) of the LLC Agreement.
Special Member means an entity that satisfies the requirements of Operating Agreement, Schedule 1, section 1.5A.02, and the parallel provisions of Tariff, Attachment K-Appendix, section 1.5A.02, or the special membership provisions established under the Emergency Load Response and Pre-Emergency Load Response Programs.
Special Member means an entity that satisfies the requirements of Operating Agreement, Schedule 1, section 1.5A.02, and the parallel provisions of Tariff, Attachment K-Appendix, or the special membership provisions established under the Emergency Load Response and Pre- Emergency Load Response Programs.
Special Member is defined in Section 5.1 hereof.
Special Member shall have the meaning set forth in Section 3.1.24(q) hereof.
Special Member means any person shown on the books and records of the Company as a Special Member of the Company, including any Nonvoting Special Member and any Investor Special Member.
Special Member means a Springing Member in a given Delaware limited liability company who has become a member in such limited liability company to the extent so provided in such limited liability company’s operating agreement.