Principal member definition

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

Principal member means any Participant in the Association which has executed the Articles of Association and those who, after the date of execution of these Articles of Association, adhere to a Participation Agreement

Principal member means a person who has a significant

Examples of Principal member in a sentence

• Loan payments made to the Applicant, any Principal, member or partner of the ownership entity, or any affiliate thereof, will be taken out of cash flow remaining after RPP payments.

• Offerors must identify the Principal member or officer of the firm who will be responsible for the administration of the contract; provide the name(s) and registration number(s) of the New Mexico Registered Professional Engineer who will be in direct responsible charge of the work; and identify the name, address, and phone number of the office(s) where the work will be performed for the prime Offeror and all sub- consultants.

• Offerors must identify the Principal member or officer of the firm who will be responsible for the administration of the contract; provide the name(s) and registration number(s) of the New Mexico Registered Professional Engineer who will be in direct responsible charge of the work; and identify the name, address, and phone number of the office(s) where the work will be performed for the prime Offeror and all sub-consultants.

• Offerors must identify the Principal member or officer of the firm who will be responsible for the administration of the contract.

• Loan payments made to the applicant, any Principal, member or partner of the ownership entity, or any affiliate thereof, will be taken out of cash flow remaining after RPP payments.

More Definitions of Principal member

Principal member means a member of MCI that is a Principal Member, Association Member or Travelers Cheque Member within the meaning of MCI's bylaws and any Person that is a Class A Member of MCI within the meaning of the New MCI Bylaws.

Principal member means the Eligible Member.

Principal member means each of the Majority Member and the Minority Member for so long as such Member (together with its Permitted Transferees) holds not less than 10% of the then aggregate outstanding LLC Units; and upon any failure to so hold 10% of the then aggregate outstanding LLC Units, such Member shall cease to be a “Principal Member.”

Principal member means an employee who is employed on a full-time, permanent basis and full- time employees who retire from the services of an employer who is the Policyholder and are eligible for cover at the date of retirement.

Principal member means a person who has a significant ownership interest in a licensee or applicant that is an association, trust, or limited liability company or similar entity, as determined by the board.

Principal member means each of the C&D Fund, Daniel H. Yergin, Joseph A. Stanislaw and James P. Rosenfield (the "Original Principal Members") and each of their respective Permitted Transferees who are "accredited investors" within the meaning of rule 501(a) of Regulation D of the Securities Act of 1933, as amended; PROVIDED, HOWEVER, that a Principal Member shall cease to be a Principal Member at such time as such person or entity shall not beneficially own at least 20% of the LLC Units that such Member (or the applicable Original Principal Member in the case of a Permitted Transferee) beneficially owned on the Effective Date, and, PROVIDED, FURTHER, that, solely for the purposes, under this Section 2.1(ff) and Section 7.4, of calculating the number of LLC Units beneficially owned by a Principal Member who is an individual,

Principal member means a principal member under the Act.