Special Members definition

Special Members has the meaning set forth in the definition ofSpecial Purpose Entity”.
Special Members means the Special Members of the British Chess Federation who become Direct Members of the Company pursuant to Article 6(1) or who are admitted to membership by the Board and fulfil the following criteria namely they are low-waged or un-waged and produce, to the satisfaction of the Direct Membership Officer, evidence to support their financial status. This category is closed to new admissions.
Special Members who shall serve as Independent Directors of Grantor; provided, however, the foregoing Independent Director requirement shall not apply unless and until a Sale and pursuant to the requirements of Section 1.13(b)(11) hereof;

Examples of Special Members in a sentence

  • In accordance with Section 5(c), the Special Members shall not be required to make any capital contributions to the Company.

  • Except as otherwise expressly provided by the Act, the debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be the debts, obligations and liabilities solely of the Company, and neither the Member nor the Special Members nor any Director shall be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a Member, Special Member or Director of the Company.

  • The Member, the Special Members and any Affiliate of the Member or the Special Members may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others.

  • No Special Member may resign from the Company or transfer its rights as Special Member unless (i) a successor Special Member has been admitted to the Company as Special Member by executing a counterpart to this Agreement, and (ii) such successor has also accepted its appointment as Independent Manager pursuant to Article Seven; provided, however, the Special Members shall automatically cease to be members of the Company upon the admission to the Company of a substitute Member.

  • Notwithstanding Section 6.4(b), if upon the Withdrawal of a Regular Member there shall be no remaining Regular Member, the Company shall be dissolved and shall be wound up unless, within 90 days after the occurrence of such Withdrawal, all remaining Special Members agree in writing to continue the business of the Company and to the appointment, effective as of the date of such Withdrawal, of one or more Regular Members.


More Definitions of Special Members

Special Members. Meeting” means the meeting held pur- suant to Article 7; and
Special Members and "SPECIAL MEMBER" have the meanings set forth in Section 6.2(b) hereof.
Special Members. Meeting” means a meeting of Members that is not an Annual General Meeting of Members;
Special Members s/ Dean Christiansen ---------------------------- Name: Dean Christiansen /s/ Benxxxxx Xxxxxxx ----------------------------- Name: Benjamin Abedine SCHEDULE A Definitions
Special Members. S/ XXXX X. XXXXXXXX Name: Xxxx X. Xxxxxxxx /S/ XXX X. XXXXXXXX Name: Xxx X. Xxxxxxxx SCHEDULE A Definitions
Special Members means the individuals designated as such on Schedule A. For the avoidance of doubt, the Special Members shall be Class A Members; provided, that to the extent the Special Members hold Class B Membership Interests, they will be subject to the terms of this Agreement applicable to the Class B Members in so far as such provisions relate to their Class B Membership Interests.
Special Members means those members who are not entitled to vote at a General Meeting of members. Classes of special members are contained in the By-laws;