Common use of Membership Terms Clause in Contracts

Membership Terms. One year’s fees are due on acceptance as a member, and the second year’s fees are due at the first anniversary of membership. At the second anniversary of membership, if membership is not canceled at least thirty days prior to the second anniversary of membership, a prorated amount of the applicable fees for the remainder of that calendar year (a “stub period”) will be invoiced. Membership will proceed on a calendar-year based renewal cycle thereafter. For all levels of membership, an initial full year’s payment of fees is due upon receipt and acceptance of an executed membership agreement and payable within thirty days of the date of invoice from the LF. Agreements signed before the 15th of the month will be invoiced as if active on the first of the month of signature. Agreements signed on or after the 15th will be invoiced as if active on the 1st of the following month. All fee amounts are irrevocable and non-refundable commitments based in US Dollars. We reserve the right to refuse your Participation Agreement if you have outstanding obligations to the LF or any other LF directed funds projects. In no event will fees be refunded, upon a Member’s resignation or otherwise. Each Member acknowledges that the LF and other members of the Directed Fund depend upon reliable participation renewal information to budget effectively, and that the LF’s ability to provide services to the Directed Fund would suffer in the event of nonpayment of participation fees. Each Member acknowledges The Linux Foundation’s Good Standing Policy, available at xxxxx://xxx.xxxxxxxxxxxxxxx.xxx/good-standing-policy. Notice of any increase in participation fees for the following calendar year will be given on or before October 15 in the current calendar year. Member’s participation for each calendar year and any stub period, and its obligation to pay participation fees for the following calendar year or stub period, as applicable, will renew annually for successive one-year terms, unless the applicant delivers written notice of non-renewal to the LF on or before thirty days prior to expiration of the current membership term. Name of Member Company: Membership Level (see Exhibit C): Consolidated Employees (if applicable): PR/Logo Usage: Do we have your permission to:

Appears in 1 contract

Samples: Directed Fund Participation Agreement

AutoNDA by SimpleDocs

Membership Terms. One year’s fees are due on acceptance as a member, and the second year’s fees are due at the first anniversary of membership. At the second anniversary of membership, if membership is not canceled at least thirty days prior to the second anniversary of membership, a prorated amount of the applicable fees for the remainder of that calendar year (a “stub period”) will be invoiced. Membership will proceed on a calendar-year based renewal cycle thereafter. For all levels of membership, an initial full year’s payment of fees is due upon receipt and acceptance of an executed membership agreement and payable within thirty days of the date of invoice from the LF. Agreements signed before the 15th of the month will be invoiced as if active on the first of the month of signature. Agreements signed on or after the 15th will be invoiced as if active on the 1st of the following month. All fee amounts are irrevocable and non-non- refundable commitments based in US Dollars. We reserve the right to refuse your Participation Agreement if you have outstanding obligations to the LF or any other LF directed funds projects. In no event will fees be refunded, upon a Member’s resignation or otherwise. Each Member acknowledges that the LF and other members of the Directed Fund members depend upon reliable participation renewal information to budget effectively, and that the LF’s ability to provide services to the Directed Fund would suffer in the event of nonpayment of participation fees. Each Member acknowledges The Linux Foundation’s Good Standing Policy, available at xxxxx://xxx.xxxxxxxxxxxxxxx.xxx/good-standing-policy. At the first anniversary of membership, if membership is not canceled at least thirty days prior to the first anniversary of membership, a pro-rated amount of fees for the remainder of that calendar year will be assessed (the “Stub Period”) and membership will proceed on a calendar-year based renewal cycle thereafter. Notice of any increase in participation fees for the following calendar year will be given on or before October 15 in the current calendar year. Member’s participation for each calendar year and any stub periodStub Period, and its obligation to pay participation fees for the following calendar year or stub periodStub Period, as applicable, will renew annually for successive one-year terms, unless the applicant delivers written notice of non-renewal to the LF on or before thirty days prior to expiration December 1 of the current membership termyear. Name of Member Company: Membership Level (see Exhibit C): Consolidated Employees (if applicable): PR/Logo Usage: Do we have your permission to:

Appears in 1 contract

Samples: Directed Fund Participation Agreement

Membership Terms. Premier membership requires an initial two-year membership commitment. One year’s fees are due on acceptance as a member, and the second year’s fees are due at the first anniversary of membership. At the second anniversary of membership, if membership is not canceled at least thirty days prior to the second anniversary of membership, a prorated pro-rated amount of the applicable fees for the remainder of that calendar year (a “stub period”) will be invoiced. Membership invoiced (and membership will proceed on a calendar-year based renewal cycle thereafter). For all levels of membership, an An initial full year’s payment of fees is due upon receipt and acceptance of an executed membership agreement and payable within thirty days of the date of invoice from the LF. Agreements signed before the 15th of the month will be invoiced as if active on the first of the month of signature. Agreements signed on or after the 15th will be invoiced as if active on the 1st of the following month. All fee amounts are irrevocable and non-refundable commitments based in US Dollars. We reserve the right to refuse your Participation Agreement if you have outstanding obligations to the LF or any other LF directed funds projects. In no event will fees be refunded, upon a Member’s resignation or otherwise. Each Member acknowledges that the LF and other members of the Directed Fund depend upon reliable participation renewal information to budget effectively, and that the LF’s ability to provide services to the Directed Fund would suffer in the event of nonpayment of participation fees. Each Member acknowledges The Linux Foundation’s Good Standing Policy, available at xxxxx://xxx.xxxxxxxxxxxxxxx.xxx/good-standing-policy. Notice of any increase in participation fees for the following calendar year will be given on or before October 15 in the current calendar year. Member’s participation for each calendar year and any stub period, and its obligation to pay participation fees for the following calendar year or stub period, as applicable, will renew annually for successive one-year terms, unless the applicant delivers written notice of non-renewal to the LF on or before thirty days prior to expiration December 1 of the current membership termyear. Name of Member Company: Membership Level (see Exhibit C): Consolidated Employees (if applicable): PR/Logo Usage: Do we have your permission to:

Appears in 1 contract

Samples: Participation Agreement

Membership Terms. One year’s fees are due on acceptance as a member, and the second year’s fees are due at the first anniversary of membership. At the second anniversary of membership, if membership is not canceled at least thirty days prior to the second anniversary of membership, a prorated amount of the applicable fees for the remainder of that calendar year (a “stub period”) will be invoiced. Membership will proceed on a calendar-year based renewal cycle thereafter. For all levels of membership, an initial full year’s payment of fees is due upon receipt and acceptance of an executed membership agreement and payable within thirty days of the date of invoice from the LF. Agreements signed before Your membership will be invoiced for a membership period starting the 15th 1st day of the month will be invoiced as if active on the first following execution of the month of signature. Agreements signed on or after the 15th will be invoiced as if active on the 1st of the following monththis agreement. All fee Fee amounts are irrevocable and non-refundable commitments based in US Dollars. We reserve the right to refuse your Participation Agreement if you have outstanding obligations to the LF or any other LF directed funds projects. All Fee amounts are irrevocable commitments based in US Dollars. In no event will fees be refunded, upon a Member’s resignation or otherwise. Each Member acknowledges that the LF and other members of the Directed Fund members depend upon reliable participation renewal information to budget effectively, and that the LF’s ability to provide services to the Directed Fund would suffer in the event of nonpayment of participation fees. Each Member member acknowledges The Linux Foundation’s Good Standing Policy, available at xxxxx://xxx.xxxxxxxxxxxxxxx.xxx/good-standing-policy. Notice of any increase in participation fees for the following calendar year will be given on or before October 15 in the current calendar year. Member’s participation for each calendar year and any stub period, and its obligation to pay participation fees for the following calendar year or stub period, as applicable, will renew annually for successive one-year terms, unless the applicant delivers written notice of non-renewal to the LF on or before thirty days prior to expiration December 1 of the current membership termyear. Name of Member Company: Membership Level (see Exhibit C): Consolidated Employees (if applicable): PR/Logo Usage: Do we have your permission to:

Appears in 1 contract

Samples: Directed Fund Participation Agreement

Membership Terms. One year’s fees are due on acceptance as a member, and the second year’s fees are due at the first anniversary of membership. At the second anniversary of membership, if membership is not canceled at least thirty days prior to the second anniversary of membership, a prorated amount of the applicable fees for the remainder of that calendar year (a “stub period”) will be invoiced. Membership will proceed on a calendar-year based renewal cycle thereafter. For all levels of membership, an initial full year’s payment of fees is due upon receipt and acceptance of an executed membership agreement and payable within thirty days of the date of invoice from the LF. Agreements signed before Your membership will be invoiced for a membership period starting the 15th 1st day of the month will be invoiced as if active on the first following execution of the month of signature. Agreements signed on or after the 15th will be invoiced as if active on the 1st of the following monththis agreement. All fee Fee amounts are irrevocable and non-refundable commitments based in US Dollars. We reserve the right to refuse your Participation Agreement if you have outstanding obligations to the LF or any other LF directed funds projects. All Fee amounts are irrevocable commitments based in US Dollars. In no event will fees be refunded, upon a Member’s resignation or otherwise. Each Member acknowledges that the LF and other members of the Directed Fund members depend upon reliable participation renewal information to budget effectively, and that the LF’s ability to provide services to the Directed Fund would suffer in the event of nonpayment of participation fees. Each Member member acknowledges The Linux Foundation’s Good Standing Policy, available at xxxxx://xxx.xxxxxxxxxxxxxxx.xxx/good-standing-policy. Notice of any increase in participation fees for the following calendar year will be given on or before October 15 in the current calendar year. Member’s participation for each calendar year and any stub period, and its obligation to pay participation fees for the following calendar year or stub period, as applicable, will renew annually for successive one-year terms, unless the applicant delivers written notice of non-renewal to the LF on or before thirty days prior to expiration December 1 of the current membership termyear. ________________________________ Name of Member Company: _ Membership Level (see Exhibit C): ________________________________ Consolidated Employees (if applicable): _ PR/Logo Usage: Do we have your permission to:

Appears in 1 contract

Samples: Directed Fund Participation Agreement

AutoNDA by SimpleDocs

Membership Terms. One year’s fees are due on acceptance as a member, and the second year’s fees are due at the first anniversary of membership. At the second anniversary of membership, if membership is not canceled at least thirty days prior to the second anniversary of membership, a prorated amount of the applicable fees for the remainder of that calendar year (a “stub period”) will be invoiced. Membership will proceed on a calendar-year based renewal cycle thereafter. For all levels of membership, an initial full year’s payment of fees is due upon receipt and acceptance of an executed membership agreement and payable within thirty days of the date of invoice from the LF. Agreements signed before the 15th of the month will be invoiced as if active on the first of the month of signature. Agreements signed on or after the 15th will be invoiced as if active on the 1st of the following month. All fee amounts are irrevocable and non-refundable commitments based in US Dollars. We reserve the right to refuse your Participation Agreement if you have outstanding obligations to the LF or any other LF directed funds projects. In no event will fees be refunded, upon a Member’s resignation or otherwise. Each Member acknowledges that the LF and other members of the Directed Fund members depend upon reliable participation renewal information to budget effectively, and that the LF’s ability to provide services to the Directed Fund would suffer in the event of nonpayment of participation fees. Each Member acknowledges The Linux Foundation’s Good Standing Policy, available at xxxxx://xxx.xxxxxxxxxxxxxxx.xxx/good-standing-policy. At the first anniversary of membership, if membership is not canceled at least thirty days prior to the first anniversary of membership, a pro-rated amount of fees for the remainder of that calendar year will be assessed (the “Stub Period”) and membership will proceed on a calendar-year based renewal cycle thereafter. Notice of any increase in participation fees for the following calendar year will be given on or before October 15 in the current calendar year. Member’s participation for each calendar year and any stub periodStub Period, and its obligation to pay participation fees for the following calendar year or stub periodStub Period, as applicable, will renew annually for successive one-year terms, unless the applicant delivers written notice of non-renewal to the LF on or before thirty days prior to expiration December 1 of the current membership termyear. : _______________________________ Name of Member Company: Company Membership Level (see Exhibit C): Consolidated Employees (if applicable): PR/Logo Usage: Do we have your permission to:

Appears in 1 contract

Samples: Directed Fund Participation Agreement

Membership Terms. One year’s fees are due on acceptance as a member, and the second year’s fees are due at the first anniversary of membership. At the second anniversary of membership, if membership is not canceled at least thirty days prior to the second anniversary of membership, a prorated amount of the applicable fees for the remainder of that calendar year (a “stub period”) will be invoiced. Membership will proceed on a calendar-year based renewal cycle thereafter. For all levels of membership, an initial full year’s payment of fees is due upon receipt and acceptance of an executed membership agreement and payable within thirty days of the date of invoice from the LF. Agreements signed before the 15th of the month will be invoiced as if active on the first of the month of signature. Agreements signed on or after the 15th will be invoiced as if active on the 1st of the following month. All fee amounts are irrevocable and non-non- refundable commitments based in US Dollars. We reserve the right to refuse your Participation Agreement if you have outstanding obligations to the LF or any other LF directed funds projects. In no event will fees be refunded, upon a Member’s resignation or otherwise. Each Member acknowledges that the LF and other members of the Directed Fund members depend upon reliable participation renewal information to budget effectively, and that the LF’s ability to provide services to the Directed Fund would suffer in the event of nonpayment of participation fees. Each Member acknowledges The Linux Foundation’s Good Standing Policy, available at xxxxx://xxx.xxxxxxxxxxxxxxx.xxx/good-standing-policy. At the first anniversary of membership, if membership is not canceled at least thirty days prior to the first anniversary of membership, a pro-rated amount of fees for the remainder of that calendar year will be assessed (the “Stub Period”) and membership will proceed on a calendar-year based renewal cycle thereafter. Notice of any increase in participation fees for the following calendar year will be given on or before October 15 in the current calendar year. Member’s participation for each calendar year and any stub periodStub Period, and its obligation to pay participation fees for the following calendar year or stub periodStub Period, as applicable, will renew annually for successive one-year terms, unless the applicant delivers written notice of non-renewal to the LF on or before thirty days prior to expiration December 1 of the current membership termyear. Name of Member Company: Membership Level (see Exhibit C): Consolidated Employees (if applicable): PR/Logo Usage: Do we have your permission to:B The CHIPS Alliance Fund Charter The Linux Foundation Effective April 28, 2020

Appears in 1 contract

Samples: Directed Fund Participation Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.