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Life Member Sample Clauses

Life Member. A Life member is a retired OCSEA member who, for a period of at least five consecutive years immediately prior to retirement, was an active member of OCSEA and for whom a Chapter files an application for life membership. The Chapter must agree to have dues deducted annually from the Chapter’s per capita refund. Life membership shall not be available to those persons affiliated with a competing labor organization and shall cease should the retiree re-enter the workforce in a management/exempt position. In the event, by vote of the General Body, a chapter decides to revoke life member status, a letter must be sent to the affected member informing them of the decision of the chapter and of the member’s right to assume retired member status. A copy of the letter shall be forwarded to the State Secretary-Treasurer.
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Life Member. 5.3.1 A Life Member is any member of the Association: 5.3.1.1 Who has been nominated by another Member for Life Membership, and 5.3.1.2 Whose nomination has been approved by a two-thirds (2/3) majority vote of the Board, and 5.3.1.3 Whose nomination has been confirmed by a majority vote of all Voting Members present at a meeting of the General Membership.
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Life Member. 12.1.1 Persons eligible to be nominated for Life Membership shall have complied with the guidelines outlined in Schedule A. 12.1.2 Nominations on the prescribed form, shall be submitted to the Secretary not later than March 31. 12.1.3 The MC shall consider the nomination and may recommend the award at the AGM. If the MC does not approve of the nomination then the reasons shall be conveyed to the proposer. 12.1.4 Life membership can only be conferred by Special Resolution at the AGM. 12.1.5 The Member so appointed shall be issued with an O&M Life Members medallion. 12.1.6 Life Members shall have the same privileges as other members of O&M and are not required to be members of an affiliated club.
Sample 1
Life Member. 5.3.1 A Life Member is any member of the Association: 5.3.1.1 Who has been nominated by another Member for Life Membership, and; 5.3.1.2 Whose nomination has been approved by a two-thirds (2/3) majority vote of the Board, and: 5.3.1.3 Whose nomination has been confirmed by a majority vote of all Voting Members present at a meeting of the General Membership. 5.3.2 Life Members shall: 5.3.2.1 Have the right to vote in all matters before the General Membership. 5.3.2.2 Be eligible to hold any elective office in the Association. 5.3.2.3 Be eligible to hold any appointed position in the Association and Chair any Standing or Ad-Hoc Committee. 5.3.2.4 Be eligible to serve on any Standing or Ad-Hoc Committee. 5.3.2.5 Be exempt from annual membership dues to the Association.
Sample 1
Life Member. Life members are those members who, for a period of at least five consecutive years immediately prior to retirement were active members of the Union for whom a Chapter president files an application for life membership for the member and agrees to have dues deducted annual- ly from the Chapter’s per capita refund. Life membership shall not be available to those persons affiliated with a competing labor organiza- tion.
Sample 1
Life Member. 12.1.1 Persons eligible to be nominated for Life Membership shall have complied with the guidelines outlined in Schedule A. 12.1.2 Nominations on the prescribed form shall be submitted to the Secretary not later than March 31. 12.1.3 The Management Committee shall consider the nomination and may recommend the award at the Annual General Meeting. If the Management Committee does not approve of the nomination then the reasons shall be conveyed to the proposer. 12.1.4 Life membership can only be conferred by Special Resolution at the Annual General Meeting. 12.1.5 The Member so appointed shall be issued with an O&MDSA Life Members medallion. 12.1.6 Life Members shall have the same privileges as other members of O&MDSA and are not required to be members of an affiliated club.
Sample 1
Life Member. A “Life Member” will have all the rights and privileges of a Member without payment of dues or conference registration fees. a. “Life membership” will be conferred upon any Member who has served as president of the Association, and may be conferred upon any Member who either retires from his or her employment or is transferred or otherwise changes employment status to that which is not directly related to fire prevention and who has been an active Member for five or more years, and who has rendered outstanding service to the Association. Nominations for Life Member will be submitted in writing to the Board of Trustees at least 30 days prior to the Annual Meeting or Special Meeting. A favorable report of the Board of Trustees and a majority vote of the Association at the Annual Meeting or Special Meeting will be necessary to confer life membership on a Member. b. Despite anything to the contrary in Section 5.1(D)(1), the 30-day requirement, favorable report of the Board of Trustees, and a majority vote of the Association is not required for Presidents leaving office. Life membership will be granted immediately to an outgoing President at the annual meeting. The outgoing First Vice President, or his or her designee, will be responsible for obtaining a life membership plaque and certificate to be presented to the outgoing President at the annual meeting. The First Vice President, Secretary, and Treasurer are authorized to sign any certificates or plaques to be presented to the outgoing President. c. The change to Life Membership will be retroactive for all past presidents. This Section 5.1(D)(3) will expire and will be deleted after all past presidents are made and recognized as Life Members.
Sample 1

Related to Life Member

  • Limited Partner The name and address of the New Limited Partner of the Partnership is 0000 X. Xxxx Xxxxx Xxxxxxxxx, 0xx Xxxxx, Xxxxx, Xxxxxxx 00000. The names and addresses of any other Limited Partners shall be set forth on Exhibit B, as amended from time to time, attached hereto and incorporated herein by this reference. The Partnership Interest of a Limited Partner shall be referred to herein as a “Limited Partnership Interest.”

  • Single Member The Member (including, for purposes of this Section, any estate, heir, personal representative, receiver, trustee, successor, assignee and/or transferee of the Member) shall not be liable, responsible or accountable, in damages or otherwise, to the Company or any other person for: (i) any act performed, or the omission to perform any act, within the scope of the power and authority conferred on the Member by this agreement and/or by the Statutes except by reason of acts or omissions found by a court of competent jurisdiction upon entry of a final judgment rendered and un-appealable or not timely appealed (“Judicially Determined”) to constitute fraud, gross negligence, recklessness or intentional misconduct; (ii) the termination of the Company and this Agreement pursuant to the terms hereof; (iii) the performance by the Member of, or the omission by the Member to perform, any act which the Member reasonably believed to be consistent with the advice of attorneys, accountants or other professional advisers to the Company with respect to matters relating to the Company, including actions or omissions determined to constitute violations of law but which were not undertaken in bad faith; or (iv) the conduct of any person selected or engaged by the Member. The Company, its receivers, trustees, successors, assignees and/or transferees shall indemnify, defend and hold the Member harmless from and against any and all liabilities, damages, losses, costs and expenses of any nature whatsoever, known or unknown, liquidated or unliquidated, that are incurred by the Member (including amounts paid in satisfaction of judgments, in settlement of any action, suit, demand, investigation, claim or proceeding (“Claim”), as fines or penalties) and from and against all legal or other such costs as well as the expenses of investigating or defending against any Claim or threatened or anticipated Claim arising out of, connected with or relating to this Agreement, the Company or its business affairs in any way; provided, that the conduct of the Member which gave rise to the action against the Member is indemnifiable under the standards set forth herein. Upon application, the Member shall be entitled to receive advances to cover the costs of defending or settling any Claim or any threatened or anticipated Claim against the Member that may be subject to indemnification hereunder upon receipt by the Company of any undertaking by or on behalf of the Member to repay such advances to the Company, without interest, if the Member is Judicially Determined not to be entitled to indemnification as set forth herein. All rights of the Member to indemnification under this Agreement shall (i) be cumulative of, and in addition to, any right to which the Member may be entitled to by contract or as a matter of law or equity, and (ii) survive the dissolution, liquidation or termination of the Company as well as the death, removal, incompetency or insolvency of the Member. The termination of any Claim or threatened Claim against the Member by judgment, order, settlement or upon a plea of nolo contendere or its equivalent shall not, of itself, cause the Member not to be entitled to indemnification as provided herein unless and until Judicially Determined to not be so entitled.

  • Multi-Member The Members, or their designees, shall maintain complete and accurate records and books of the Company’s transactions in accordance with generally accepted accounting principles. The Company shall furnish each Member, within seventy-five days after the end of each fiscal year, an annual report of the Company including a balance sheet, a profit and loss statement a capital account statement; and the amount of such Member’s share of the Company’s income, gain, losses, deductions and other relevant items for federal income tax purposes. The Company shall prepare all Federal, State and local income tax and information returns for the Company, and shall cause such tax and information returns to be timely filed. Within seventy-five days after the end of each fiscal year, the Company shall forward to each person who was a Member during the preceding fiscal year a true copy of the Company’s information return filed with the Internal Revenue Service for the preceding fiscal year. All elections required or permitted to be made by the Company under the Internal Revenue Code, and the designation of a tax matters partner pursuant to Section 6231(a)(7) of the Internal Revenue Code for all purposes permitted or required by the Code, shall be made by the Company by the affirmative vote or consent of Members holding a majority of the Members’ Percentage Interests. Upon request, the Company shall furnish to each Member, a current list of the names and addresses of all of the Members of the Company, and any other persons or entities having any financial interest in the Company.

  • Managing Member Unless otherwise expressly provided in this Agreement, the Managing Member or any of its Affiliates who hold any Interests shall not be entitled to vote in its capacity as holder of such Interests on matters submitted to the Members for approval, and no such Interests shall be deemed Outstanding for purposes of any such vote.

  • PARTNER The term “Partner” shall mean any person who is a General Partner or a Limited Partner in the Partnership.

  • Sole Member As of the date hereof, the Member is the sole member of the Company and owns 100% of the membership interests of the Company and no other person has any right to take part in the ownership of the Company.

  • Initial Member (a) The name, address and initial Membership Interest of the initial Member is as follows: BR Cxxxxxx DFW Portfolio JV, LLC 100% c/o Bluerock Real Estate, L.L.C. 700 Xxxxx Xxxxxx, 0xx Xxxxx Xxx Xxxx, XX 00000 (b) The Member was admitted to the Company as a member of the Company upon its execution of a counterpart signature page to this Agreement.

  • General Partner The name and address of the general partner of the Partnership is Outback Steakhouse of Florida, Inc., 0000 X. Xxxx Xxxxx Xxxxxxxxx, 0xx Xxxxx, Xxxxx, Xxxxxxx 00000.

  • THE MEMBERS Members are the owners of the Company. Members are not entitled to compensation for services furnished to the Company in the Member’s capacity as a Member. The name and residential address of each Member is contained in Exhibit 1 attached to this Agreement. Each Member’s initial membership interest is the percentage set forth in Exhibit 1. An unauthorized transfer of a Member’s interest could create a substantial hardship for the Company. Consequently, the Members agree to the restrictions and procedures affecting the ownership and transfer of the Members’ interests as identified in Article VII. The Members acknowledge these restrictions are not intended to penalize, but rather are intended to protect and preserve the existing trust-based relationships, the Company’s capital, and the Company’s financial ability to continue its operations.

  • Substituted Limited Partner In the event a Limited Partner transfers all or any part of such Limited Partner’s Limited Partnership Interest in compliance with the provisions of this Article VIII, the transferee of the Limited Partner shall take such Limited Partnership Interest subject to all of the terms and conditions of this Agreement, shall not be considered to have title to such Limited Partnership Interest and shall not have the right to be admitted to the Partnership as a substituted Limited Partner of the Partnership unless the transferring Limited Partner has given the transferee such right and unless: (a) the Company consents in writing to the admission of the transferee into the Partnership as a substituted Limited Partner, which consent may be granted or denied in the sole discretion of the Company; and (b) the transferring Limited Partner and the transferring Limited Partner’s transferee execute and deliver such instruments as the Company deems necessary or desirable to effect such substitution; and (c) such transferee accepts, assumes and agrees in writing to be bound by all of the terms, conditions and provisions of this Agreement; and (d) such transferee pays all reasonable expenses connected with such substitution.

Most Referenced Clauses

Most Referenced Definitions