Admission of New Members definition

Admission of New Members. No new members will be admitted to New Moly without approval by the board of directors plus Requisite Interest Approval (defined below) of the members. Any new member must deliver a subscription agreement or equivalent document with customary representations and warranties regarding such member’s ownership of membership interests in New Moly and sign and deliver the operating agreement.
Sample 1

Examples of Admission of New Members in a sentence

  • Admission of New Members (Applies ONLY if Multi-Member): The Company may admit new Member(s) (or transferees of any interests of existing Member(s)) into the Company by the unanimous vote or consent of the Member(s).

  • CCPR/SP/SR.18), the Convention on the Elimination of Discrimination against Women (UN Press Release WOM/732 dated 7 February 1994), and in many other instances.33See Report of the Committee on the Admission of New Members concerning the application of the Federal Republic of Yugoslavia for admission to membership in the United Nations: UN doc.

  • The rights, obligations and legal responsibilities owned by HongZhou Real Estate in the original contract are inherited by HongZhou Construction.

  • U.N. Security Council, “Report of the Committee on the Admission of New Members concerning the application of Palestine for admission to membership in the United Nations,” S/2011/705, November 11, 2011.

  • See paragraph 1.3 Admission of New Members, Clause 1.3.1. of GSO’s.

  • The Council President, in most instances, refers the application to the Council Committee on the Admission of New Members for its consideration.17 The Council Committee then completes its review and submits a report, with recommended resolution language, to the Council.

  • Admission of New Members (Applies ONLY if Multi-Member): The Company may admit new Members (or transferees of any interests of existing Member(s)) into the Company by the unanimous vote or consent of the Members.

  • If at any time such a transfer shall cause [Omniglow] to have more than one Member, then this [LLC] Agreement shall be appropriately amended to reflect the fact that [Omniglow] will then be treated as a partnership for purposes of the [Internal Revenue] Code [of 1986].20 Section 7.1’s permissive grant of free transferability, however, is subject to the express restriction contained in § 7.2, which provides:7.2. Admission of New Members.

  • Admission of New Members: Additional members and associate members of the Authority may become members of this Activity Agreement, and the Authority may execute one or more MOU's with additional Participating Agencies upon a majority vote of all the current Activity Agreement Members and Participating Agencies, and upon such conditions as are fixed by such existing Activity Agreement Members and Participating Agencies.

  • Section 9.1. Restriction on Transfers and Admission of New Members.

Related to Admission of New Members

  • Additional Members means those Members, if any, admitted to the Company after the Effective Date.

  • crew member means a person assigned by an operator to duty on an aircraft during a flight duty period;

  • Non-Cooperative Jurisdiction means any foreign country that has been designated as non-cooperative with international anti-money laundering principles or procedures by an intergovernmental group or organization, such as the Financial Task Force on Money Laundering, of which the U.S. is a member and with which designation the U.S. representative to the group or organization continues to concur.

  • New Members As Defined By the Public Employees’ Pension Reform Act of 2013 (PEPRA)

  • Additional Member means a Person admitted as a Member of the Company as a result of an issuance of Shares to such Person by the Company.

  • New member means a person first employed on or after Septem- ber 1, 2005, including a former member who withdrew retirement contributions under Government Code 822.003 and is reemployed on or after September 1, 2005.

  • Out-of-network provider means any provider that is not directly or indirectly employed by or does not have a provider agreement with the contractor or any of its subcontractors pursuant to the contract between the department and the contractor.

  • STATE OF ss.: COUNTY OF ) On this ___ day of ________, 19__, before me, a notary public in and for the State of ____________, personally appeared __________ _________, known to me who, being by me duly sworn, did depose and say that he resides at __________________________; that he is the ____________________ of First Union National Bank, a national banking association, one of the parties that executed the foregoing instrument; and that he signed his name thereto by order of the Board of Directors of said association. Notary Public [NOTARIAL SEAL]

  • Initial Members means those Persons whose names are set forth in the first sentence of this Agreement. A reference to an “Initial Member” means any of the Initial Members.

  • Individual Member means a registered, financial Member of the Club who is at least 18 years of age.

  • Initial Member has the meaning set forth in the introductory paragraph.

  • New construction means, for the purposes of determining insurance rates, structures for which the "start of construction" commenced on or after the effective date of an initial FIRM or after December 31, 1974, whichever is later, and includes any subsequent improvements to such structures. For floodplain management purposes, "new construction" means structures for which the "start of construction" commenced on or after the effective date of the floodplain management regulations adopted by a community and includes any subsequent improvements to such structures.

  • Completion of Construction means all the construction is complete except for minor weather-related components and conforms to the approved plans and specifications and change orders.

  • Panel Member ’ means a member of a panel;

  • Substitute Member means a Person who is admitted as a Member of the Company pursuant to Section 2.7 as a result of a Transfer of Shares to such Person.

  • the City means the City and County of San Francisco, a municipal corporation, acting by and through both its Director of the Office of Contract Administration or the Director’s designated agent, hereinafter referred to as “Purchasing” and [insert name of department].

  • Substituted Member means a Person that is admitted as a Member to the Company pursuant to Section 12.01.