Designation of Jointly Held Membership Sample Clauses

Designation of Jointly Held Membership. (Exhibit C). Member Applicant may jointly hold membership with one other natural person, a “Joint Holder,” as designated and agreed to in Exhibit C -
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Designation of Jointly Held Membership. Both Joint Holders are equally subject to all terms and conditions of this agreement, including acceptance to membership by the Board of Directors. Jointly held memberships are entitled to only one member vote, as cast by the Member Applicant, and all official Member communications will be directed to the Member Applicant contact information. Jointly held membership includes joint ownership of the Initial Owner Investment and all associated Member capital.

Related to Designation of Jointly Held Membership

  • Termination of Membership You may terminate your membership by giving us written notice or by withdrawing your minimum required membership share(s), if any, and closing all your accounts. You may be denied services for causing a loss to the Credit Union, or you may be expelled for any reason as allowed by applicable law.

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