Transocean Member definition

Transocean Member means Transocean Partners Holdings Limited, a Cayman Islands exempted company, and any successor or permitted assign that is admitted to the Company as the Transocean Member (except as the context otherwise requires). For the avoidance of doubt, such Person shall be the Transocean Member solely with respect to the Transocean Member Interest and shall be a Non-Transocean Member with respect to any Non-Transocean Member Interests of such Person.
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Transocean Member has the meaning set forth in the Company LLC Agreement. 62
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Examples of Transocean Member in a sentence

  • Transocean grants to the Company a nontransferable, nonexclusive, royalty-free right and license to use the Transocean Marks for so long as Transocean controls the Transocean Member (as defined in the LLC Agreement).

  • The issuance of a long-term visa shall require the prior consent of the Service.

  • The Initial Transocean Member has caused the Certificate of Formation to be filed with the Registrar of Corporations of the Xxxxxxxx Islands as required by the Xxxxxxxx Islands Act.

  • Upon the removal or withdrawal of the Transocean Member, if a successor Transocean Member is elected pursuant to Sections 11.1 or 11.2, the Company shall not be dissolved and the Board of Directors shall continue the business of the Company.

  • The Transocean Member shall not be personally liable for, and shall have no obligation to contribute or loan any monies or property to the Company to enable it to effectuate, the return of the Capital Contributions of the Non-Transocean Members or Unitholders, or any portion thereof, it being expressly understood that any such return shall be made solely from Company assets.

  • The Non-Transocean Members present at a duly called or held meeting at which a quorum is present may continue to transact business until adjournment, notwithstanding the withdrawal of enough Non-Transocean Members to leave less than a quorum, if any action taken (other than adjournment) is approved by the required percentage of Outstanding Units specified in this Agreement (including Outstanding Units deemed owned by the Transocean Member).

  • The Liquidator (if other than the Transocean Member) shall be entitled to receive such compensation for its services as may be approved by holders of at least a majority of the Outstanding Common Units and Subordinated Units, voting as a single class.

  • The cause of ARDS is a hyperinflammatory state characterized by upregulation of multiple cytokines.

  • A proposed amendment shall be effective upon its approval by the Board of Directors, the Transocean Member and the holders of a Unit Majority, unless a greater or different percentage is required under this Agreement or by the Xxxxxxxx Islands Act.

  • Tissa Liyanage (Transport and Highway Engineer), together with Mr. K.

Related to Transocean Member

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

  • Common Member means a Member holding Common Units.

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

  • Staff member means a staff member as defined in section 1(1) of the Public Service Act, 1995 (Act No. 13 of 1995);

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

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

  • Member Company means a “service recipient” as defined in Treasury Regulation § 1.409A-1(h)(3).

  • Scheme Member means an Eligible Person who is included in the Scheme as per the Scheme rules as member of that Scheme.

  • Council Member means a member of the Council;

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

  • ☐ - 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).

  • 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..

  • Bank Member means Standard Chartered PLC or any of its Affiliates and "Group" means all Bank Members.

  • 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;

  • Associate Member means a person appointed to perform specific statutory and non-statutory duties which have been delegated by the Trust Board for them to perform and these duties have been recorded in an appropriate Trust Board minute or other suitable record.

  • Member means a member of the Board;

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

  • Shareholder Group means (i) Shareholder and (ii) any Affiliate or Shareholder Family Entity (as defined in the Shareholder's Agreement) of Shareholder (other than the Company).

  • Full Member means any person who is in one of the categories of membership referred to in Rule 10.3.

  • A Member means a companion, fellow, member, honorary member, associate or affiliate of the Society

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

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

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

  • Member bank means a national bank, state bank, or trust company which is a member of the United States federal reserve system.

  • Panel Member ’ means a member of a panel;