Common use of Conditions for Membership Clause in Contracts

Conditions for Membership. As per the rules established under the Constitution, in order for the Licensee to become and remain an Operational Member, for the purposes of the present Agreement, it must fulfil the following conditions: (a) The Licensee must be a legal entity. (b) The Licensee’s activities must: (i) primarily focus on consulting; (ii) primarily focus on activities that achieve a positive social or environmental impact; and (iii) be operated on a not-for-profit basis. (c) Additionally, the Licensee must (i) be solvent; (ii) unless otherwise agreed in writing by the Licensor, trade under the name ‘180 Degrees Consulting – Maastricht within a reasonable time of it being issued with the license which is the object of the present Agreement and for the term of said license; and (iii) be entered into the register of members of the Licensor. (d) Operational Membership is perpetual but comes to an end if: (i) the Licensee resigns as an Operational Member; (ii) the Licensor, through its legal representatives, reasonably and in good faith determines that the Licensee no longer meets the requirements for Operational Membership established above; or (iii) the Licensee breaches its obligations, and its Operational Membership is terminated following the disciplinary procedure, as established under the Constitution.

Appears in 1 contract

Samples: Licence Agreement

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Conditions for Membership. As per the rules established under the Constitution, in order for the Licensee to become and remain an Operational Member, for the purposes of the present Agreement, it must fulfil the following conditions: (a) The Licensee must be a legal entity. (b) The Licensee’s activities must: (i) primarily focus on consulting; (ii) primarily focus on activities that achieve a positive social or environmental impact; and (iii) be operated on a not-for-profit basis. (c) Additionally, the Licensee must (i) be solvent; (ii) unless otherwise agreed in writing by the Licensor, trade under the name ‘180 Degrees Consulting – Maastricht MDI Gurgaon’ within a reasonable time of it being issued with the license which is the object of the present Agreement and for the term of said license; and (iii) be entered into the register of members of the Licensor. (d) Operational Membership is perpetual but comes to an end if: (i) the Licensee resigns as an Operational Member; (ii) the Licensor, through its legal representatives, reasonably and in good faith determines that the Licensee no longer meets the requirements for Operational Membership established above; or (iii) the Licensee breaches its obligations, and its Operational Membership is terminated following the disciplinary procedure, as established under the Constitution.

Appears in 1 contract

Samples: Licence Agreement

Conditions for Membership. As per the rules established under the Constitution, in order for the Licensee to become and remain an Operational Member, for the purposes of the present Agreement, it must fulfil the following conditions: (a) The Licensee must be a legal entity. (b) The Licensee’s activities must: (i) primarily focus on consulting; (ii) primarily focus on activities that achieve a positive social or environmental impact; and (iii) be operated on a not-for-profit basis. (c) Additionally, the Licensee must (i) be solvent; (ii) unless otherwise agreed in writing by the Licensor, trade under the name ‘180 Degrees Consulting – Maastricht UNC Chapel Hill within a reasonable time of it being issued with the license which is the object of the present Agreement and for the term of said license; and (iii) be entered into the register of members of the Licensor. (d) Operational Membership is perpetual but comes to an end if: (i) the Licensee resigns as an Operational Member; (ii) the Licensor, through its legal representatives, reasonably and in good faith determines that the Licensee no longer meets the requirements for Operational Membership established above; or (iii) the Licensee breaches its obligations, and its Operational Membership is terminated following the disciplinary procedure, as established under the Constitution.

Appears in 1 contract

Samples: Licensing Agreement

Conditions for Membership. As per the rules established under the Constitution, in order for the Licensee to become and remain an Operational Member, for the purposes of the present Agreement, it must fulfil the following conditions: (a) The Licensee must be a legal entity. (b) The Licensee’s activities must: (i) primarily focus on consulting; (ii) primarily focus on activities that achieve a positive social or environmental impact; and (iii) be operated on a not-for-profit basis. (c) Additionally, the Licensee must (i) be solvent; (ii) unless otherwise agreed in writing by the Licensor, trade under the name ‘180 Degrees Consulting – Maastricht Melbourne’ within a reasonable time of it being issued with the license which is the object of the present Agreement and for the term of said license; and (iii) be entered into the register of members of the Licensor. (d) Operational Membership is perpetual but comes to an end if: (i) the Licensee resigns as an Operational Member; (ii) the Licensor, through its legal representatives, reasonably and in good faith determines that the Licensee no longer meets the requirements for Operational Membership established above; or (iii) the Licensee breaches its obligations, and its Operational Membership is terminated following the disciplinary procedure, as established under the Constitution.

Appears in 1 contract

Samples: Licence Agreement

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Conditions for Membership. As per the rules established under the Constitution, in order for the Licensee to become and remain an Operational Member, for the purposes of the present Agreement, it must fulfil the following conditions: (a) The Licensee must be a legal entity. (b) The Licensee’s activities must: (i) primarily focus on consulting; (ii) primarily focus on activities that achieve a positive social or environmental impact; and (iii) be operated on a not-for-profit basis. (c) Additionally, the Licensee must (i) be solvent; (ii) unless otherwise agreed in writing by the Licensor, trade under the name ‘180 Degrees Consulting – Maastricht Bogazici within a reasonable time of it being issued with the license which is the object of the present Agreement and for the term of said license; and (iii) be entered into the register of members of the Licensor. (d) Operational Membership is perpetual but comes to an end if: (i) the Licensee resigns as an Operational Member; (ii) the Licensor, through its legal representatives, reasonably and in good faith determines that the Licensee no longer meets the requirements for Operational Membership established above; or (iii) the Licensee breaches its obligations, and its Operational Membership is terminated following the disciplinary procedure, as established under the Constitution.

Appears in 1 contract

Samples: Licence Agreement

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