Member Status Sample Clauses

Member Status. Each Former Member that is receiving Merger Consideration in exchange for such Former Member’s issued and outstanding Company Interests is “accredited investor” within the meaning of Rule 501 under the Securities Act.

Member Status. At the time such Member was offered the Interest, it was, and at the date hereof it is an “accredited investor” as defined in Rule 501(a) under the Securities Act. Such Member is not required to be registered as a broker-dealer under Section 15 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

Member Status. This Agreement does not create nor is it intended to create an association, trust, partnership, joint venture, or any other entity or similar legal relationship among the Parties, or impose a trust, partnership or fiduciary duty, or similar obligation or liability on or with respect to any Party. No Party is or shall act as or be the agent or representative of any other Party, and no Party has the power to obligate or bind any other Party. Neither Member nor any of its employees are employees or officers of the City under Chapter 18 of the Denver Revised Municipal Code, or for any purpose whatsoever.

Member Status. The bankruptcy, death, dissolution, liquidation, termination or adjudication of incompetency of a Member shall not cause the termination or dissolution of the Company and the business of the Company shall continue. Upon any such occurrence, the trustee, receiver, executor, administrator, committee, guardian or conservator of such Member shall have all the rights of such Member for the purpose of settling or managing its estate or property, subject to satisfying conditions precedent to the admission of such assignee as a substitute Member. The transfer by such trustee, receiver, executor, administrator, committee, guardian or conservator of any Company Interest shall be subject to all of the restrictions, hereunder to which such transfer would have been subject if such transfer had been made by such bankrupt, deceased, dissolved, liquidated, terminated or incompetent Member. To the extent permitted by applicable law.

Member Status. Defaulting Members will not be considered a Member for any purpose other than as determined by the Manager with respect to the return of Unutilized Capital and the distribution of proceeds of Series Holdings as applicable.

Member Status. At the time each Trupet Member was offered the BCC Common Stock, it was, and as of the date hereof it is, an “accredited investor” within the meaning of Rule 501 under the Securities Act. Such Trupet Member is not subject to any of the “bad actor” disqualifications described in Rule 506(d)(1)(i) to (viii) under the Securities Act (a “Disqualification Event”), except for a Disqualification Event covered by Rule 506(d)(2) or (d)(3).

Member Status. Providers must either become and remain members of the Union in good standing or pay an agency fee to the Union. Membership in good standing shall mean that the provider pays the regular periodic dues as a condition of acquiring or retaining membership. Agency fee is the regular periodic fee required of non-members as their fair share of the costs of representation. Subject to the limitations and protections of applicable law, such dues or fees shall, as a condition of continued employment, be deducted from the Provider's paycheck on a monthly basis following completion of (15 hours) or more hours of employment.

Member Status. (a) The employee will receive a statement semi-annually in January and Xxxx summarizing all transactions in his/her account.

Member Status. The District will notify the OTA President and OTA Head of Communications in writing of any newly hired or terminated bargaining unit Employees within ten (10) school business days after final action by the Board of Education.

Member Status. 6.1 The parties agree that each teacher permitted to work in the District shall sign individual contracts of employment for the time period specified in Section 380.1231 of the Revised School Code. Thereafter, the District may enter into a continuing contract with a certificated teacher. 6.2 The Employer agrees to promptly advise the Association within five (5) business days, barring unforeseen circumstances, of all additions, deletions, or changes in status of members of the bargaining unit.