Substituted Members definition

Substituted Members means any Person admitted to the Company as a Member pursuant to the provisions of Section 9.7.
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Substituted Members are assignees of Units who have been admitted to membership under this Agreement and the Act with respect to their Units in accordance with the procedures set forth in Section 8.1(b).
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Substituted Members means a Person who is admitted as a Member to the Company pursuant to Section 10.2 in place of and with all the rights of a Member and who is shown as a Member on the books and records of the Company.
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Examples of Substituted Members in a sentence

  • The Company shall not be dissolved by the admission of Additional Members or Substituted Members or the attempted withdrawal or resignation of a Member.

  • Therefore, the NHLS needs to strengthen and improve efficiencies in the management of grants.

  • By executing or adopting this Agreement, each Member hereby consents to the admission of additional or Substituted Members, and to any Economic Interest Owner becoming a Substituted Member upon consent of the Manager and in compliance with this Agreement.

  • The Company shall not be dissolved by the admission of Additional Members or Substituted Members.

  • Economic Interest Owners shall have no right to inspect the Company’s books or records, to vote on Company matters, or to exercise any other right or privilege as Members, until they are admitted to the Company as Substituted Members, except as provided in the Act.

  • The Company shall not be dissolved by the admission of Substituted Members or Additional Members.

  • The Company shall not be dissolved by the admission of Additional Members or Substituted Members or the resignation or attempted resignation of a Member.

  • Economic Interest Owners shall have no right to inspect the Company’s books or records, to vote on Company matters, or to exercise any other right or privilege as Members, until they are admitted to the Company as Substituted Members except as provided in the Act.

  • In the case of Committees and Sub-Committees, where Substitutes have been appointed the same Members should attend (the Substituted Members must not take their seats).(iv) Notice of the adjourned meeting will be published on the Council’s website, unless the adjourned meeting is held within 24 hours.

  • A dissolution of the Company will not occur because of a Withdrawal Event or the admission of Additional Members or Substituted Members.

Related to Substituted Members

  • Substituted Member means a Person that is admitted as a Member to the Company pursuant to Section 12.01.

  • Additional Members means those Members, if any, admitted to the Company after the Effective Date.

  • Substituted Limited Partner means a Person who is admitted as a Limited Partner to the Partnership pursuant to Section 11.4.

  • Substitute Member means a Person who is admitted as a Member of the Company pursuant to Section 2.7 as a result of a Transfer of Shares to such Person.

  • 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.

  • Additional Member has the meaning set forth in Section 12.02.

  • Original member of this retirement system means:

  • Substitute Limited Partner means any Person admitted to the Partnership as a Limited Partner pursuant to Section 9.03 hereof.

  • New Members As Defined By the Public Employees’ Pension Reform Act of 2013 (PEPRA)

  • Panel Member ’ means a member of a panel;

  • Individual Member means a registered, financial Member of the Club who is at least 18 years of age.

  • Tribal Member means an enrolled member of the Tribe.

  • Designated member means the spouse, child, grandchild, parent, brother, or sister of a deceased individual who owned an interest in a wholesaler, who is entitled to inherit the deceased individual's ownership interest in the wholesaler under the terms of the deceased individual's will, or who has otherwise been designated in writing by the deceased individual to succeed the deceased individual in the wholesaler's business, or is entitled to inherit such ownership interest under the laws of intestate succession of this state. With respect to an incapacitated individual owning an ownership interest in a wholesaler, the term means the person appointed by a court as the conservator of such individual's property. The term also includes the appointed and qualified personal representative and the testamentary trustee of a deceased individual owning an ownership interest in a wholesaler.

  • Substituted Specimen means a specimen with laboratory values that are so diminished that they are not consistent with oral fluid and which shall be deemed a violation of this policy, and shall be processed as if the test results were positive.

  • Class B Members means any Persons to whom Class B Membership Units are issued, and any assignee or transferee of such Persons permitted under the terms of this Agreement, and any other Person admitted to the Company in the future as a Class B Member pursuant to the terms hereof. The names of the Class B Members, and the Percentage Interests allocated to each such Class B Member, shall be reflected in the books and records of the Company.

  • Initial Member has the meaning set forth in the introductory paragraph.

  • Preferred Member means a Member holding Preferred Units.

  • Related member means a person that, with respect to the taxpayer during all or any portion of the taxable year, is either a related entity, a component member as defined in section 1563(b) of the Internal Revenue Code, or a person to or from whom there is attribution of stock ownership in accordance with section 1563(e) of the Internal Revenue Code except, for purposes of determining whether a person is a related member under this division, "twenty per cent" shall be substituted for "5 percent" wherever "5 percent" appears in section 1563(e) of the Internal Revenue Code.

  • Class A Members means those Members who have purchased Class A Interests.

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

  • General Member means a member subject to the provisions of

  • 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.

  • appointed member means a member referred to in section 5(1)(a) or (b);

  • Limited Partner Interest means a Partnership Interest of a Limited Partner in the Partnership representing a fractional part of the Partnership Interests of all Partners and includes any and all benefits to which the holder of such a Partnership Interest may be entitled, as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement. A Limited Partner Interest may be expressed as a number of Partnership Units (other than GP Units).

  • Membership Interest means a Member’s entire interest in the Company including such Member’s right to receive allocations and distributions pursuant to this Agreement and the right to participate in the management of the business and affairs of the Company in accordance with this Agreement, including the right to vote on, consent to, or otherwise participate in any decision or action of or by the Members granted pursuant to this Agreement.

  • Initial Limited Partner has the meaning set forth in the Preamble.