Termination of Membership means the time when a Holder's membership on the Board of the Company or of a Parent Corporation or a Subsidiary is terminated for any reason, with or without cause, including, but not by way of limitation, a termination by resignation, discharge, death, total disability or retirement, but excluding (i) terminations where there is a simultaneous reelection to or other reestablishment of membership on the Board of the Company or of a Parent Corporation or a Subsidiary (ii) terminations resulting from the normal expiration of the director's term or (iii) terminations where the Optionee continues a relationship (e.g., as an employee or as a consultant) with the Company, a Parent Corporation or a Subsidiary. The Committee, in its absolute discretion, shall determine the effect of all other matters and questions relating to Termination of Membership, including, but not by way of limitation, the question of whether a Termination of Membership resulted from a discharge for good cause, and all questions of whether particular leaves of absence constitute Terminations of Membership.

Termination of Membership means the end of any period of two (2) consecutive Plan Years during which an Active Member has not completed at least three hundred and fifty (350) hours during such two (2) year period for which an Employer has made contributions to the Pension Trust Fund on his behalf.

Examples of Termination of Membership in a sentence

Termination of Membership - You may terminate your membership by withdrawing your minimum required membership share(s), if any, and closing all your accounts.
The Health Plan will extend benefits for covered Services to Members, with Premium, as defined in the Extension of Benefits provision, which can be found in Section 6: Termination of Membership.
Termination of Membership: You may terminate your membership by giving us notice and otherwise following our policies and procedures.
Termination of Membership You must provide notification of termination 30 days in advance.
All rights to benefits under this Agreement end on the termination date, except as expressly provided in the "Termination of Membership" or "Continuation of Membership" sections of an Evidence of Coverage.

More Definitions of Termination of Membership

Termination of Membership. (or similar phrase) means a decision or order of the Discipline Panel that ends the registration or membership of the Respondent Member on a permanent basis;

Termination of Membership. The Member's membership may be terminated and revoked by SOMC for multiple failures by the Member or by the Member's Guests to comply with the terms of this Agreement, including the Rules and Regulations. Upon such termination, SOMC need not honor any privileges arranged for prior to termination. SOMC shall have no liability for any damages due to the cancellation of membership upon termination.

Termination of Membership with respect to any Member, means the withdrawal of the Member from the Company for any reason other than death or, in the case of a Member which is an Entity, dissolution or other termination of its existence as a legal entity, including without limitation: (i) the voluntary withdrawal of the Member, which shall be effected by delivery of written notice to other Members at least 90 days before the effective date of such withdrawal and the consent of the other Members as required in Section 6.5 hereof, and (ii) a finding of Cause with respect to such withdrawing Member by Members holding at least 66 2/3% of the Capital Units (excluding Capital Units held by such withdrawing Member) with respect to such Member, which shall immediately result in the withdrawal of such Member. For purposes of this Section 1.1(z), "Cause" shall mean acts, actions or omissions of a Member that are adverse to the Company's interests, including, without limitation, the following:

Termination of Membership means the time when Purchaser no longer serves on the Company's Board of Directors for whatever reason whatsoever, with or without cause.

Termination of Membership or “terminates membership” means for the purposes of s. 42, in relation to a member, the end of the 90 day period following the date the member terminated employment provided that contributions on the member’s behalf did not recommence during that period;

Termination of Membership means termination of a Member’s membership in the Co- op in accordance with Section 12.1 or 12.2 of the Act, and the effective date of the termination shall be the date of the applicable resolution. MEMBERS AND MEMBERSHIP‌

Termination of Membership means termination of Membership of an active Member by the Company with or without any advance notice and without any obligation to refund any pro-rata Membership Dues for the paid but unused Membership Term, except where the cause for such termination is not attributable to the Member. “Club Tiers” Iconic Membership: Gives you access to all our Iconic/Platinum/ Premier Clubs in India Platinum Membership: Gives you access to all our Platinum/Premier Clubs in India Premier Membership: Gives you access only to the Home club where you join (Not available in Iconic and Platinum Tier clubs) In the interpretation of the above Definitions, the masculine gender shall include the feminine gender and vice-versa, and singular shall include the plural. The Fat Loss Program Membership available at select locations will have same club access terms and conditions as all Platinum Members.