Principal Members definition

Principal Members means the Founder Members as well as those that, after the execution date of these Articles of Association, adhere to a Participation Agreement approved by the Board of Directors, pay the associated fee, defined by the Board of Directors in a fair and non‐discriminatory manner, and are approved by the Board of Directors as Principal Members in accordance with Article 6.3 of these Articles of Association. In addition to the rights granted to other Members of the Association, Principal Members shall have additional rights, such as:
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Principal Members means Xxxxxxx Xxxx, Xxxx Xxxx and Xxxxxxx Xxxx.
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Principal Members means Welsh, Carson, Xxxxxxxx & Xxxxx X, L.P., a Delaware limited partnership, and each of its Affiliates.
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Examples of Principal Members in a sentence

  • For all instances involving Operating Partners and Principal Members, the request for approval will go to the Compliance Team and the Partnership Board for approval.

  • Subject to Section 3.7 of the Investor Rights Agreement, the Board shall take such actions as are necessary to cause the Company and its Subsidiaries to be treated as partnerships or disregarded entities, as the case may be, for federal income tax purposes pursuant to Treasury Regulations Section 301.7701-3, and neither the Board nor any person shall take any action that would affect such status without the prior written consent of each of the Principal Members.

  • Promptly after delivery of any such notice by any Principal Member, or of otherwise ascertaining that such Change of Control or Event of Default has occurred, the Principal Members shall cause Fair Market Value of the Company to be determined in accordance with Section 12.05.

  • The Company, the Principal Members and Parent shall cooperate in connection with such solicitation, including providing all information reasonably requested by the other parties.

  • On or before the Exercise Date, the Company and the Grantee shall enter into a management LLC Unit subscription agreement, substantially in the form attached to the Plan as Exhibit B, or in such other form as may be agreed upon by the Company and the Grantee, in consultation with the LLC Board, setting forth certain rights and obligations of the Company, the Principal Members and the Grantee with respect to such Units.


More Definitions of Principal Members

Principal Members means the identified partners who convey their willingness, in principle, to contribute financially or technically to sustaining or expanding the partnership beyond the Program support period or to contribute to the GFDRR in the future.
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Principal Members means any Principal Member of OIF, as defined in OIF’s Bylaws.
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Principal Members shall have the meaning set forth in Section 12.16.
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Principal Members means Now Technology, Inc., Xxxx Holdings, L.P., Xxxx Xxxx, National Health Systems, Inc. Xxxxx Xxxxxx, Xxxxxx Xxxx, Xxxx Xxxxxxx and Xxx Xxxx, Sr.
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Principal Members means such of Herefordshire Council, Herefordshire Primary Care Trust and Wye Valley National Health Service Trust as are shareholders for the time being, and “principal member” shall be construed accordingly;
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Principal Members means the Founder Members as well as those that, after the execution date of these Articles of Association, adhere to a Participation Agreement approved by the Board of Directors, pay the associated fee, defined by the Board of Directors in a fair and non- discriminatory manner, and are approved by the Board of Directors as Principal Members in accordance with Article 6.3 of these Articles of Association. In addition to the rights granted to other Members of the Association, Principal Members shall have additional rights, such as:
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Principal Members has the meaning set forth in Section 2.6(c).
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