Governing Member definition

Governing Member means a member of the Company appointed in accordance with clause 5.2(a);
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Governing Member as set forth on Schedule 1 and, referred to collectively, the “Members”) for the purpose of continuing Hedera Hashgraph, LLC (the “Council”), a limited liability company organized under the Delaware Limited liability company Act, 6 Del. C. § 18-101, et seq., as amended (the “Act”).
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Governing Member means the owner of a Percentage Governing Interest.
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Examples of Governing Member in a sentence

  • The Original Member shall have the same rights and responsibilities as every Governing Member of the Council, except as otherwise provided in this Agreement.

  • Each Member shall have one (1) vote for every Governing Member vacancy (or upcoming vacancy) and may not vote more than once for any particular Nominee.

  • In such event, the Affiliate receiving such Transfer shall become a full Governing Member hereunder and the transferring Governing Member shall fully Transfer its Interest and shall have no other rights under this Agreement.

  • Each additional Member shall become a signatory hereto by signing the Governing Member Joinder Agreement and such other instruments as the Board may determine.

  • Any Governing Member can be removed from the Council in the event that at least two-thirds of the Members approve the removal of such Member.

  • No Governing Member shall serve for more than two Terms consecutively.

  • At the end of a Governing Member’s first Term within any consecutive six-year period, such Governing Member shall automatically be nominated for a subsequent three-year Term (a “Renewal Term”).

  • For the avoidance of doubt, a Governing Member that has served two consecutive Terms shall be eligible for reelection to the Council on the three-year anniversary of the expiration of its second Term.

  • Each Governing Member may be re-elected for a second consecutive Term upon the approval of at least two-thirds of the Members obtained according to the procedure outlined in Section 4.3(d).

  • For each Governing Member vacancy, the Nominee receiving the most votes shall be admitted to the Council; provided, however, that to be admitted a Nominee must receive the votes of at least one-third of the Members.


More Definitions of Governing Member

Governing Member means any person serving on the Exchange's Board of Governors.
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Governing Member means a Member appointed as a Governing Member in accordance with rule 6. 10987398_12
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Related to Governing Member

  • Founding Member means any individual who is either:

  • Founding Members means those public school districts, cities, counties, and other governmental units that are signatories to the Joint Powers Agreement and have a voting member serving on the JPA's Board of Directors.

  • Voting Member means a Member holding one or more Voting Shares.

  • Redeeming Member has the meaning set forth in Section 11.01(a).

  • Continuing Member means a member of the Board of Directors of the Company who either (a) was a member of the Company's Board of Directors on the Effective Date and has been such continuously thereafter or (b) became a member of such Board of Directors after the Effective Date and whose election or nomination for election was approved by a vote of the majority of the Continuing Members then members of the Company's Board of Directors.

  • Trading Member means a Person who has been approved by Nadex to trade directly and not through a FCM Member on the Market, and does not include any FCM Member.

  • 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.

  • Managing Member means CEF Equipment Holding, L.L.C., a Delaware limited liability company or any successor Managing Member under the Issuer Limited Liability Company Agreement.

  • Tribal Member means an enrolled member of the Tribe.

  • Transferring Member has the meaning set forth in Section 9.4.

  • Presiding Member means the presiding member of a committee or the deputy presiding member, or a member of the committee when performing a function of the presiding member in accordance with the Act;

  • Voting Members has the meaning set forth in Section 4.07(b).

  • Panel Member ’ means a member of a panel;

  • Non-Voting Member means a member of a Committee or Sub- Committee of the Council who is not a member of the Council and is not entitled to vote on any matter coming before that Committee or Sub- Committee;

  • Remaining Members has the meaning set forth in Section 11.2.

  • Participating member means an eligible employee who elects to participate in the defined contribution retirement plan established under this chapter.

  • Preferred Member means a Member holding Preferred Units.

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

  • Disposing Member is defined in Section 4.1.

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

  • Principal Member means the person who signs the application and is responsible for the payment of premiums.

  • Initiating Member shall have the meaning provided in Section 15.2(a).

  • Selling Member has the meaning set forth in Section 10.5(a).

  • General Partner has the meaning set forth in the Preamble.

  • General Member means a member subject to the provisions of

  • Contributing Member shall have the meaning set forth in Section 3.2(b).