Initial Members definition

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.

Initial Members has the meaning set forth in the Preamble.

Initial Members means those Persons listed on Schedule A hereto as Initial Members as of the date hereof.

Examples of Initial Members in a sentence

• This Agreement shall become effective and be in full force and effect and a legal, valid and binding obligation of each of the Members on the date that the Board shall have received from two of the Initial Members an executed counterpart of this Agreement, together with a certified copy of a resolution of the governing body of each such Initial Member approving this Agreement and the execution and delivery hereof.

• This Agreement shall become effective and be in full force and effect and a legal, valid and binding agreement of each of the Members on the date that the Board shall have received from at least two of the Initial Members an executed counterpart of this Agreement, together with a certified copy of a resolution of the governing body of each such Initial Member approving this Agreement and the execution and delivery hereof.

• Other than Initial Members, an applicant will become a member when they are entered on the register of members.

• Ratification by two thirds of the Initial Members present and voting at the First Annual Meeting.

• Other than Initial Members, an applicant will become a Member when they are entered on the register of Members.

More Definitions of Initial Members

Initial Members is defined in the preamble to this Agreement.

Initial Members. Has the meaning set forth in Section 5.2(a).

Initial Members means the Person or Persons identified in the Series Designation of any Series as the Initial Member[s] associated therewith.

Initial Members means the holders of the Pre-Initial Offering Interests (with respect to the Common Units and Subordinated Units received by them pursuant to Section 5.1) and the Underwriters upon the issuance by the Company of Common Units to the Underwriters as described in Section 5.2 in connection with the Initial Offering.

Initial Members means the Initial Signatories who become Members on the date on which the Authority is originally established pursuant to Section 2.05 herein.

Initial Members means the Members, as of the Effective Date.

Initial Members has the meaning as set forth in the Introduction to this Agreement.