Joint Members Sample Clauses

Joint Members. In case of joint Members:
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Joint Members. Membership Interests held jointly by more than one Person, whether held as joint tenants, tenants in common or otherwise shall be voted by anyone of the joint Members and, if there is a disagreement between the joint Members, according to such instructions as previously given to the Company, provided such instructions are in writing and signed by all of the joint Members. Absent such instructions, in the event of a disagreement, the joint Members will vote the jointly held Membership Interests proportionately.
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Joint Members. Person who jointly own or purchase a unit in the condominium of which the Corporation is a declarant or persons who jointly enter into an agreement of purchase and sale with the Corporation shall be considered joint members and entitled to only vote. For greater clarity each unit in the condominium shall be entitled to only one vote i.e. one vote per unit.
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Joint Members. 20 4.6 Withdrawal, Suspension or Termination . . . . . . . . . . . . 21 4.6.1 Withdrawal . . . . . . . . . . . . . . . . . . . . . . 21 4.6.2 Suspension or Termination. . . . . . . . . . . . . . . 21 4.6.3
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Joint Members. 22 4.6.4 Members in Good Standing . . . . . . . . . . . . . . . 23 4.7 Obligations on Suspension, Withdrawal or Termination. . . . . 23 4.7.1
Sample 1
Joint Members. Any entity desiring to become a Joint Member shall submit a written application to the Secretary of the Executive Committee demonstrating (a) its eligibility for such status, (b) that each of its Designating Entities is eligible to be a Designating Entity and has designated it as a Joint Member on its behalf, and (c) the willingness of the Joint Member and each of its Designating Entities to be bound by all applicable provisions of this Restated Agreement. A Joint Member shall promptly notify the Executive Committee in writing of any changes in its Designating Entities, such notification to demonstrate that any added Designating Entity is eligible to be a Designating Entity and has designated the Joint Member to serve as the Joint Member on its behalf. 4.2.4
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Joint Members. Any Joint Member may withdraw from membership by providing written notice to the Secretary of the Executive Committee of its intent to terminate membership, and may be terminated or suspended as a Member in accordance with the provisions of this Restated Agreement. Designating Entities shall be subject to the withdrawal, suspension and termination provisions applicable to Members. Unless a Designating Entity for a withdrawing or terminated Joint Member designates another entity as its Joint Member, such Designating Entity shall become an individual Member. 4.6.4
Sample 1
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Joint Members. In the event a single Membership Interest is held by two individuals who are at the time married to each other or is held as community property, the following shall apply.
Sample 1

Related to Joint Members

  • Registered Members The Company shall be entitled to recognize the exclusive right of a Person registered on its records as the owner of Units for all purposes and shall not be bound to recognize any equitable or other claim to or interest in Units on the part of any other Person, whether or not it shall have express or other notice thereof, except as otherwise provided by the Act or other applicable Law.

  • Initial Members The initial Members of the LLC, their initial capital contributions, and their percentage interest in the LLC are as follows: Members Percentage Interest in LLC Capital Contribution (If any)

  • Transfers of Membership Interests (a) A Member may not transfer, assign, sell, pledge, hypothecate or otherwise dispose of any of the attributes of his, her or its Membership Interest (collectively, a “Transfer”), in whole or in part, to any Person without the prior written consent of the Board of Managers, which consent the Board of Managers may withhold in its sole discretion, and any attempted Transfer of a Membership Interest shall be null and void ab initio unless effected in accordance with this Article XI.

  • Transfers of Limited Partnership Interests 9.1 Restrictions on Transfer of Limited Partnership Interests.

  • Limited Partners The Limited Partners shall not participate in the general conduct or control of the Partnership’s affairs and shall have no right or authority to act for or to bind the Partnership. The Limited Partners shall not be required to assume, endorse or guarantee any liabilities of the Partnership.

  • New Members No person may be admitted as a member of the Company without the approval of the Member.

  • Transfers of Partnership Interests Except as the Partners may otherwise agree from time to time, a Partner may not Transfer all or any part of its Partnership Interest without the Consent of each other Partner, which Consent may be withheld in the sole discretion of each such other Partner.

  • Members (a) A Person shall be admitted as a Member and shall become bound by, and shall be deemed to have agreed to be bound by, the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share, and such Person shall become the Record Holder of such Share, in accordance with the provisions of this Agreement. A Member may be a Class A Member, a Class B Member and or Class C Member, and, in such case, shall have the rights and obligation accorded to the Class A Ordinary Shares with respect to such Class A Ordinary Shares or the rights and obligation accorded to the Class A Preferred Shares with respect to such Class A Preferred Shares, as applicable, the rights and obligations accorded to the Class B Ordinary Shares with respect to such Class B Ordinary Shares and the rights and obligations accorded to the Class C Ordinary Share with respect to such Class C Ordinary Share. A Person may become a Record Holder without the consent or approval of any of the Members and without physical execution of this Agreement. A Person may not become a Member without acquiring a Share.

  • Limited Partner Transfers (a) Except as provided in clauses (b), (c), (d) and (f) of this Section 8.03, no Limited Partner or Assignee thereof may Transfer (including by exchanging in an Exchange Transaction) all or any portion of its Units or other interest in the Partnership (or beneficial interest therein) without the prior consent of the General Partner, which consent may be given or withheld, or made subject to such conditions (including, without limitation, the receipt of such legal opinions and other documents that the General Partner may require) as are determined by the General Partner, in each case in the General Partner’s sole discretion. Any such determination in the General Partner’s discretion in respect of Units shall be final and binding. Such determinations need not be uniform and may be made selectively among Limited Partners, whether or not such Limited Partners are similarly situated, and shall not constitute the breach of any duty hereunder or otherwise existing at law, in equity or otherwise. Any purported Transfer of Units that is not in accordance with, or subsequently violates, this Agreement shall be, to the fullest extent permitted by law, null and void.

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