Suspension of Membership definition

Suspension of Membership means suspension of all Association membership rights and privileges, and denial of Association services, on terms and conditions expressly stated for a period of time not less than thirty (30) calendar and not more than one (1) year, including, but not limited to, use of the terms REALTOR® and REALTOR-ASSOCIATE®, with reinstatement as a member in good standing automatically provided at the end of the specified period. In the event the suspension is for a remediable violation (as defined in Section 1(o)), the suspension is in effect for the period that the violation remains uncorrected, and the minimum and maximum time limits for suspension do not apply. Resignation prior to a member complying with sanctions imposed for violation of the Code of Ethics shall automatically be deemed a suspension.
Suspension of Membership means suspension of membership rights and privileges and denial of Association services, on terms and conditions expressly stated for a period of time not less than thirty (30) calendar and not more than one
Suspension of Membership means suspension of all Board/Association provided membership rights, privileges and services (including those provided by the State and National Association) not available to nonmembers for a period not less than thirty (30) days and not longer than one (1) year on terms and conditions expressly stated for an established period of time, including use of the terms REALTOR® and REALTOR ASSOCIATE®, with automatic reinstatement of all withdrawn membership rights, privileges, and services at the end of the period of suspension. The thirty (30) day minimum and one (1) year maximum do not apply where suspension is imposed for a remediable violation of a membership duty (e.g., failure to pay dues or fees or failure to complete educational requirements). Although membership rights, privileges, and services are withdrawn as specified in the notice of suspension, membership, per se, including the duty to abide by the Code of Ethics and the obligation to pay membership dues continues during the period of suspension. Suspended members shall not be obligated for payment of other fees or charges except for continued optional services of the Board. Any failure to abide by the terms and conditions of the suspension, or the finding of a violation of the Code of Ethics after a hearing as provided by the professional standards procedures of the Board bylaws, shall be grounds for consideration as to possible extension of the suspension or expulsion from membership in the Board.

Examples of Suspension of Membership in a sentence

  • The Member Federations listed in the Appendix to this Constitution are the Members of World Athletics as at the date this Constitution is effective, subject to Articles 13 (Suspension of Membership and Other Sanctions) and 14 (Expulsion from Membership).

  • Suspension of Membership A stakeholder may petition the Task Force for temporary suspension from the Task Force.

  • Suspension of Membership rights shall not release the Member from the continuing obligation to pay all Association assessments.

  • Suspension of Club privileges and/or Suspension of Membership Reporting of any incident (grievance) must be submitted to the Bremerton Figure Skating Club or to any Bremerton Figure Skating Club Board member in writing and signed within 7 days of the incident or a period of time deemed reasonable by the Bremerton Figure Skating Club Board.

  • C.4 Suspension of Membership and Trading Rights C.4.1 Consequences of Suspension of Membership (a) Subject to By-Law C.4.4, the Trading Rights of a Member shall cease entirely for the duration of any period of suspension of the membership of that Member.

  • Suspension of Membership due to Finances: Should a person whose membership has been suspended due to financial difficulties wish to rejoin the membership, he must repay all his outstanding debts to the brotherhood.

  • IMPORTANT: Membership Policy Statement M02 Suspension of Membership, 3.2.1: Failing to attend the hearing or informing the Governing Board that the person will not attend, shall be considered an expression of “no contest” by the person.

  • Automatic Suspension of Membership A student member who fails to pay dues or fees within thirty (30) days following their due date will not be considered to be in good standing and will not be entitled to the rights and privileges of membership.

  • Suspension of Membership 550 IAC 2-3-1 Suspension of membership; withdrawal of contributionsAuthority: IC 5-10.4-3-6Affected: IC 5-10.2-3-5; IC 5-10.2-3-6; IC 5-10.4-4-13 Sec.

  • Magliveras, Exclusion from Participation in International Organisations: The Law and Practice Behind Member States’ Expulsion and Suspension of Membership, Kluwer Law International, The Hague/London/Boston, 1999, xxvi & 302 pages.


More Definitions of Suspension of Membership

Suspension of Membership or “Suspension” means suspension of (i) BAREIS membership rights, preferences and privileges, including voting rights, and (ii) MLS Privileges, on terms and conditions stated for a period of time of not more than one year as determined by the applicable committee or Person authorized by the Board. In the event the Suspension is for a Remediable Violation, the Suspension shall be in effect for the period that the violation remains uncorrected. At the end of the applicable Suspension period, reinstatement of a suspended Member’s membership and MLS Privileges shall be automatic, provided that the Member is current on all amounts owed to BAREIS and has kept all fees current during the period of Suspension.
Suspension of Membership means loss of the use of post nominals and the right to vote, for a period as determined by the Board in accordance with the Constitution.
Suspension of Membership means a temporary condition that could be extended to the end of the current membership year. Privileges of membership are suspended for whatever period prescribed by the Board but may be reinstated at any time during the same membership year with such probationary requirements as the Board of Directors sees fit.
Suspension of Membership means the membership continues to exist but privileges have been withdrawn.
Suspension of Membership. (or similar phrase) means a decision or order of the Discipline Panel that suspends the registration or membership of the Respondent Member for a defined period of time.

Related to Suspension of Membership

  • RMB Non-Transferability means the occurrence of any event that makes it impossible for the Issuer to deliver RMB between accounts inside Hong Kong or from an account inside Hong Kong to an account outside Hong Kong (including where the RMB clearing and settlement system for participating banks in Hong Kong is disrupted or suspended), other than where such impossibility is due solely to the failure of the Issuer to comply with any law, rule or regulation enacted by any Governmental Authority (unless such law, rule or regulation is enacted after the Issue Date of the first Tranche of the relevant Series and it is impossible for the Issuer due to an event beyond its control, to comply with such law, rule or regulation);

  • Register of Members means the register of Members maintained in accordance with the Statute and includes (except where otherwise stated) any branch or duplicate register of Members.

  • Permitted Transfers has the meaning set forth in Section 4.2.17(d).

  • Subscription Suspension Event means the delivery by the Issuer of a notice in writing to each Authorised Participant, the Issuing and Paying Agent and the Determination Agent pursuant to the LS Operating Procedures Agreement stating that with effect from the date specified in such notice subscription of the ETP Securities shall be so suspended.

  • Covenant Suspension Event has the meaning assigned to such term in Section 4.19.

  • Suspension/Withdrawal Event means, in respect of the Benchmark:

  • Permitted Transfer has the meaning set forth in Section 10.02.

  • Suspension Event has the meaning set forth in Section 1(f)(ii).

  • Transfer Restriction Event shall have the meaning specified in Section 2.11.

  • Shelf Suspension shall have the meaning set forth in Section 3.2.4.

  • excepted transfer means, in relation to any shares held by a member:

  • Restricted Transfer a transfer of Personal Data which is undergoing processing or which is intended to be processed after transfer, to a country or territory to which such transfer is prohibited or subject to any requirement to take additional steps to adequately protect the Personal Data processed under this Agreement for the transfer to be lawful under the Data Protection Legislation;

  • Suspension Date has the meaning set forth in Section 4.18(a).

  • Transfer Restrictions means restrictions that prohibit the sale, exchange, transfer, assignment, pledge, hypothecation, fractionalization, hedge or other disposal (including through the use of any cash-settled instrument), whether voluntarily or involuntarily by the Grantee, of an Award or any shares of Common Stock, cash or other property delivered in respect of an Award.

  • Shelf Suspension Period See Section 3(a) hereof.

  • Existing Transfer Restrictions means Transfer Restrictions under or arising in connection with (a) any lien routinely imposed on all securities by the Exchange as of the Closing Date, (b) the Reorganization Agreement (excluding the provisions from any amendments, restatements, amendments and restatements, supplements or other modifications to the Reorganization Agreement entered into after the Closing Date either (i) creating additional Transfer Restrictions with respect to LBRDK Shares or (ii) modifying any Transfer Restrictions with respect to LBRDK Shares existing under or arising in connection with the Reorganization Agreement (as in effect on the Closing Date), in each case, that adversely affect the Lenders in any material respect (and, for the avoidance of doubt, any transfer restrictions that exist in the Reorganization Agreement, as in effect on the Closing Date, shall be deemed “Existing Transfer Restrictions”)), (c) the federal securities laws of the United States (as in effect as of the Closing Date) to the extent that Borrower (or, if applicable, a Lender or the Administrative Agent) is deemed or determined to be an “affiliate” (within the meaning of Rule 144 (as in effect on the Closing Date)) of any Issuer as of the Funding Date and (d) the Securities Act solely as a result of the Initial Pledged Shares being “restricted securities” within the meaning of Rule 144 (as in effect as of the Closing Date), including any “holding period” restrictions under Rule 144(d), as of the Funding Date.

  • Transfer Restricted Global Notes means Global Notes that bear or are required to bear or are subject to the Restricted Notes Legend.

  • Revocation or suspension notice means a board notification suspending a license for an indefinite or specified period of time or a notification revoking a license as required by the Act.

  • Suspension Period shall have the meaning assigned thereto in Section 2(b).

  • Suspension/Withdrawal Event means, in respect of the Benchmark:

  • Permitted Transactions has the meaning set forth in Section 13(B).

  • Restriction of Use means, in respect of any day, any difference from the normal capability of all or any part of the Routes (where the normal capability of the Routes is expressed in the Applicable Timetable Planning Rules relevant to that day notified to each Timetable Participant on or before D-26) which results in:

  • End of Suspension Notice has the meaning set forth in Section 1(f)(ii).

  • Transfer Restriction means, with respect to any security or other property, any condition to or restriction on the ability of the holder thereof to sell, assign or otherwise transfer such security or other property or to enforce the provisions thereof or of any document related thereto, whether set forth in such security or other property itself or in any document related thereto or arising by operation of law, including, without limitation, such conditions or restrictions arising under federal, state or foreign laws or under any contracts, arrangements or agreements.

  • Demand Suspension shall have the meaning set forth in Section 3.1.6.

  • Deportation or forcible transfer of population means forced displacement of the persons concerned by expulsion or other coercive acts from the area in which they are lawfully present, without grounds permitted under international law;