Appointing Members and Agent Members Sample Clauses

Appointing Members and Agent Members. 4.5.1 Joint applications Formatted: Underline, Font color: Blue Formatted: Heading 3 between all continuing parties on the termination of any Membership Agreement. Formatted: Underline, Font color: Blue Two or more persons who wish to become Members and appoint an Agent Member may submit a joint application under clause 4.2(a). In addition to satisfying the requirements of clause 4.2 (where applicable), a joint application under clause 4.2(a) or this clause 4.5.1 must: contain the information specified by the Operator about the proposed Agent Member; and be accompanied by information in a form satisfactory to the Operator evidencing that all the applicants have appointed the proposed Agent Member to act as their agent under and in connection with this Agreement and that the Agent Member has accepted that appointment.
AutoNDA by SimpleDocs
Appointing Members and Agent Members 

Related to Appointing Members and Agent Members

  • Additional Members One or more additional members may be admitted to the Company with the consent of the Member. Prior to the admission of any such additional members to the Company, the Member shall amend this Agreement to make such changes as the Member shall determine to reflect the fact that the Company shall have such additional members. Each additional member shall execute and deliver a supplement or counterpart to this Agreement, as necessary.

  • 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.

  • Admission of Members Other persons may be admitted as Members from time to time pursuant to the provisions of this Agreement.

  • Associate Members An Associate Member is any government or regulatory agency that has an interest in the development of oneM2M Technical Specifications and Technical Reports. The list of the Associate Members will be maintained by the Secretariat and visible to all oneM2M Participants.

  • Member's Capital Accounts A Capital Account for the Member shall be maintained by the Company. The Member's Capital Account shall reflect the Member’s capital contributions and increases for any net income or gain of the Company. The Member’s Capital Account shall also reflect decreases for distributions made to the Member and the Member’s share of any losses and deductions of the Company.

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

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!