Membership in good standing definition

Membership in good standing means a member's credential is not in a state of revocation, lapse, or suspension. However, an individual whose credential is suspended and the suspension is stayed is a member in good standing during the period of the stay.
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Membership in good standing means a member's credential is not in a state of revocation, lapse,
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Membership in good standing as referred to herein means solely the tender or payment of normal dues and the standard initiation fee.
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Examples of Membership in good standing in a sentence

  • Bank shall maintain its Membership in good standing and shall abide by all the rules and regulations applicable to the Bank as set forth in the By-Laws and Operating Rules provided, however, that Bank may elect to terminate its Membership at any time by giving Company ninety (90) days notice of its intention to terminate Membership.

  • Bank shall maintain its Membership in good standing and shall abide by all the Rules applicable to the Bank, provided, however, that Bank may elect to terminate its Membership at any time by giving Company sixty (60) days’ notice of its intention to terminate Membership.

  • Social Members who own a residence or homesite in Mountain View may not resign or otherwise terminate their Social Membership and are required to maintain the Social Membership in good standing at all times and to pay to the Club all required dues, fees, dining minimums, assessments and other charges associated with the Social Membership until the closing of the sale or other transfer of the member's residence or homesite in Mountain View to another owner.

  • Social Members who own a residence or homesite in Frenchman's Reserve may not resign or otherwise terminate their Social Membership and are required to maintain the Social Membership in good standing at all times and to pay to the Club all required dues, fees, dining minimums, assessments and other charges associated with the Social Membership until the closing of the sale or other transfer of the member's residence or homesite in Frenchman's Reserve to another owner.

  • Social Members who own a residence or homesite in Mizner may not resign their Social Membership and are required to maintain the Social Membership in good standing at all times and to pay to the Club all required dues, fees, assessments, personal charges and all other fees associated with the Social Membership until the closing of the sale or other transfer of the member's residence or homesite in Mizner to a subsequent owner.


More Definitions of Membership in good standing

Membership in good standing means the tender of periodic dues and initiation fees uniformly required by the Union as a condition of acquiring and retaining membership.
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Membership in good standing means that they must pay in accordance with the provisions of this agreement, the regularly prescribed initiation fee and regular monthly Union dues. All other employees shall be free to join the Union and shall not be discriminated against or coerced by the Union or the Company as a result of their membership or non-membership or activity or lack of activity in the Union.
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Membership in good standing means the payment or tender of the periodic dues and initiation fee uniformly required as a condition of acquiring or retaining membership in the Union.
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Membership in good standing means the payment or tender by the employee to the Union of an amount equal to the regular initiation fees and dues of the Union.
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Related to Membership in good standing

  • Member in Good Standing means a member in service who is not subject to removal by the employing city of the member pursuant to section 400.18 or 400.19, or other comparable process, and who is not the subject of an investigation that could lead to such removal. Except as specifically provided pursuant to section 411.9, a person who is restored to active service for purposes of applying for a pension under this chapter is not a member in good standing.

  • In good standing means a person who has not resigned or been suspended from membership or registration or had membership or registration revoked;

  • Good Standing means only that as of the date of this opinion the Company is up-to-date with the filing of its annual returns and payment of annual fees with the Registrar of Companies. We have made no enquiries into the Company’s good standing with respect to any filings or payment of fees, or both, that it may be required to make under the laws of the Cayman Islands other than the Companies Act.

  • Limited Liability Company Interests means the entire limited liability company membership interest at any time owned by any Pledgor in any limited liability company.

  • Foreign limited liability company means an unincorporated entity formed under the law of a jurisdiction other than this state and denominated by that law as a limited liability company.

  • Domestic limited liability company means an entity that is an unincorporated association having one or more members and that is organized under ORS chapter 63.

  • Foreign limited liability partnership means a partnership that:

  • Professional limited liability company means a limited

  • Limited liability company means a limited liability company formed under Chapter 1705 of the Ohio Revised Code or under the laws of another state.

  • Limited Liability Company Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all limited liability company capital and interest in other limited liability companies), at any time owned or represented by any Limited Liability Company Interest.

  • Qualified Foreign Entity means a corporation, trust, association or partnership organized outside the

  • Foreign limited liability limited partnership means a foreign limited partnership whose general partners have limited liability for the obligations of the foreign limited partnership under a provision similar to section 488.404, subsection 3.

  • Foreign entity means an entity other than a domestic entity.

  • Membership Rights means all of the rights of a Member in the Company, including a Member’s: (a) Interest; (b) right to inspect the Company’s books and records; (c) right to participate in the management of and vote on matters coming before the Company; and (d) unless this Operating Agreement or the Certificate of Formation provide to the contrary, right to act as an agent of the Company.

  • Business organization means an individual, partnership, association, joint stock company, trust, corporation or other legal business entity or successor thereof.

  • Single member limited liability company means a limited liability company that has one direct member.

  • Limited liability partnership or “LLP” shall mean a Company governed by Limited Liability Partnership Act 2008 or as amended;

  • Member-managed limited liability company means a limited liability company that is not a manager-managed limited liability company.

  • Foreign limited partnership means a partnership formed under laws other than of this state and having as partners one or more general partners and one or more limited partners.

  • Limited liability means that the liability of each shareholder is limited to the amount unpaid by the shareholder on the shares of the company (except in exceptional circumstances, such as involving fraud, the establishment of an agency relationship or an illegal or improper purpose or other circumstances in which a court may be prepared to pierce or lift the corporate veil).

  • Manager-managed limited liability company means a limited liability company that is managed by

  • Organizational Limited Partner means Xxxxx X. Xxxxxxx.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of such Act.

  • Qualified nonprofit organization means, with respect to a Project, an organization exempt from federal income tax under Section 501(c) (3) or (4) of the Internal Revenue Code, which is not and during the Compliance Period will not be affiliated with or controlled by a for-profit organization, whose exempt purposes include the fostering of low income housing, which owns an interest in the Project, which will materially participate in the development and operation of the Project throughout the Compliance Period, and which is not affiliated with or controlled by a for-profit organization.

  • Formation means an assemblage of earth materials grouped together into a unit that is convenient for description or mapping.

  • Foreign organization means an organization created under laws other than the laws of this state for a purpose for which an organization may be created under the laws of this state.