Membership Agreements. This Exchange Agreement is made contractually binding between the Operator and all Members by the Membership Agreement executed by the Operator and by or on behalf of each Member.
Membership Agreements. All of the Membership Agreements, including rights to renewals, monthly membership fees subject to Section 1.15, receivables and other rights and obligations related thereto.
Membership Agreements. As defined in Section 6.1(h).
Membership Agreements. Subject to Section 1.15, Seller's obligation to honor and service the Membership Agreements, other than any refunds arising under any Governmental Authorization, Legal Requirement or Order solely as a result of the Closing, the payment of which shall be the sole responsibility of Seller and shall be paid by Seller directly.
Membership Agreements. (1) A trader must not be a party to a membership agreement with a consumer unless the agreement complies with this clause.
(2) A membership agreement must—
(a) be in writing; and
(b) be signed by the consumer; and
(c) set out the following:
(i) the full name and address of the trader;
(ii) particulars of the prescribed goods or prescribed services to be supplied under the agreement;
(iii) the address of the premises at which those goods or services are to be supplied; and
(d) be—
(i) an agreement for the ongoing supply of prescribed goods or prescribed services on a periodic basis (a periodic agreement) that complies with subclause (3); or
(ii) an agreement for the supply of prescribed goods or prescribed services for a specified period (a fixed term agreement) that complies with subclause (4).
(3) A periodic agreement—
(a) must clearly state in a prominent position at the beginning of the document that the agreement is a periodic agreement that will continue until the trader or the -consumer terminates it; and
(b) must provide for periodic payments for the supply of prescribed goods or prescribed services, specify the period for which the consumer is entitled to receive goods or services for each payment and clearly identify that period as the supply period for the purposes of the agreement; and
(c) must not specify a supply period that exceeds 3 months; and
(d) must specify the amount of each periodic payment and any joining fee and any other amount payable under the agreement; and
(e) must set out the method by which the trader will inform the consumer of any increase in future periodic payments and the amount of notice of an increase that will be given (which must be at least 2 weeks); and
(f) must—
(i) provide that, if the consumer gives written notice of termination of the agreement to the trader, the agreement is terminated with effect for the supply period that next commences 2 weeks or later after the date of the notice and subsequent supply periods; or
(ii) allow the consumer to terminate the agreement by written notice to the trader with earlier effect (in which case, the agreement must specify whether or not the consumer is entitled to a refund for the remainder of the current supply period or for a supply period commencing less than 2 weeks after the date of the notice and, if the consumer is entitled to a refund, the amount or the method for calculating the amount of the refund); and
(g) must not impose any financial penalty for termination o...
Membership Agreements. It is expressly agreed and recognized that Purchaser does not assume and at Closing shall not assume any obligation or liability whatsoever arising under any Membership Agreements, regardless or whether fixed, accrued or contingent or whether arising prior to or following Closing. At Closing, Seller shall enter into, and Seller shall cause Operating Lessee to enter into, the Assignment and Assumption of Membership Agreements (as defined in Section 8.3.18) pursuant to which Seller shall assign to Operating Lessee all of Seller’s rights, responsibilities and obligations under the Membership Agreements arising following Closing and Operating Lessee shall assume all of Seller’s rights, responsibilities and obligations under the Membership Agreements arising following Closing.
Membership Agreements. Membership Agreements" means those certain membership agreements and related documents, brochures, by-laws and other charter documents identified on the Schedule of Membership Agreements attached hereto as Exhibit V.
Membership Agreements. Effective December 31, 1997, BXI and the Company executed and delivered instruments transferring membership agreements relating to the Business to the Company and sent written notices to all members of the BXI Trade Exchange of the transfer.
Membership Agreements. Deleted: 2014 Deleted: 20 March Definitions and interpretation
Membership Agreements. 28 4.5 Bridge Loan Conversion............................................... 28 4.6 Transaction Structure................................................ 28 4.7
