Non-Active Members Sample Clauses

Non-Active Members. Section 7.2.1 is administrative except to the extent that it 21 applies to the Sector managers’ ability to impose and utilize legal means to recover damages as 22 authorized in section §10.10 of this agreement, in which case NMFS enforcement procedures 23 may apply.
Sample 1Sample 2Sample 3See All (65)
AutoNDA by SimpleDocs
Non-Active Members. The Members acknowledge that 8 Active Members are assuming certain costs and risks associated with harvesting the Sector’s ACE on 9 behalf of the Non‐Active Members, and that the Active Members are making certain financial 10 contributions to the Sector that are not made by Non‐Active Members. Obligations assumed by Active 11 Members that are not imposed on Non‐Active Members include, but are not limited to payments of the 12 initial Membership Fee, and paying Network and Sector fees in connection with landings of catch 13 harvested under the Sector’s ACE. In consideration for the Active Members assuming these costs, risks 14 and fee obligations, each Non‐Active Member shall: 15 A. Not fish in any ACE‐accountable fisheries; 16 B. Participate only as a transferor with regards to transfer of such 17 member’s Harvest Share within the sector. However, a Non‐Active Member may act as a 18 transferee through an Inter‐Sector transfer of ACE provided the transaction results in a 19 net increase of this Sector’s ACE. 20 C. Not have access to information on FishTrax, or other Xxxxxx 00 specific tools, other than the information necessary to track the balance of such 22 Member’s Harvest Share, and specifically, shall not have access to Harvest Share Offers or 23 Permit Offers posted on behalf of Members; 24 D. Not have the Rights of First Offer on Sector Harvest Share and 25 the related Sector ACE extended to Active Members, which may be adopted or amended 26 from time to time by the Board under Section 7.3, and shall not have a right of first 27 refusal on Permits extended to Active Members, which may be adopted or amended 28 from time to time by the Board under Section 15; 1 E. Pay Sector Operating Fees on the net amount of Sector ACE 2 transferred out of the Sector by such Member, and pay the Network Fee on the net 3 amount of Sector ACE transferred out of the NEFS Sectors by such Member.
Sample 1Sample 2Sample 3See All (30)
Non-Active Members. The Members acknowledge that 8 Active Members are assuming certain costs and risks associated with harvesting the Sector’s ACE on 9 behalf of the Non-Active Members, and that the Active Members are making certain financial 10 contributions to the Sector that are not made by Non-Active Members. Obligations assumed by Active 11 Members that are not imposed on Non-Active Members include, but are not limited to payments of the 12 initial Membership Fee, and paying Network and Sector fees in connection with landings of catch 13 harvested under the Sector’s ACE. In consideration for the Active Members assuming these costs, risks 14 and fee obligations, each Non-Active Member shall:
Sample 1Sample 2Sample 3See All (16)
Non-Active Members. The Members acknowledge that Active Members 3 Active Members, and that the Active Members are making certain financial contributions to the Xxxxxx 0 that are not made by non‐Active Members. Obligations assumed by Active Members that are not 5 imposed on non‐Active Members include, but are not limited to payments of the initial Membership 6 Fee, and paying Network and Sector fees in connection with landings of catch harvested under the 7 Sector’s ACE. In consideration for the Active Members assuming these costs, risks and fee obligations, 8 each non‐Active Member shall: (a) Not fish in any ACE‐accountable fisheries; 10 (b) Participate only as a transferor with regards to transfer of such member’s Harvest
Sample 1Sample 2
Non-Active Members. The Members acknowledge that 9 Active Members are assuming certain costs and risks associated with harvesting the Sector’s ACE on 10 behalf of the Non‐Active Members, and that the Active Members are making certain financial 11 contributions to the Sector that are not made by Non‐Active Members. Obligations assumed by Active 12 Members that are not imposed on Non‐Active Members include, but are not limited to payments of the 13 initial Membership Fee, and paying Network and Sector fees in connection with landings of catch 15 and fee obligations, each Non‐Active Member shall: 16 A. Not fish in any ACE‐accountable fisheries; 17 B. Participate only as a transferor with regards to transfer of such member’s 18 Harvest Share within the sector. However, a Non‐Active Member may act as a transferee through an 19 Inter‐Sector transfer of ACE provided the transaction results in a net increase of this Sector’s ACE. 20 C. Not have access to information on FishTrax, or other Sector specific tools, 21 other than the information necessary to track the balance of such Member’s Harvest Share, and 22 specifically, shall not have access to Harvest Share Offers or Permit Offers posted on behalf of
Sample 1Sample 2
Non-Active Members. The Members acknowledge that Active Members 2 are assuming certain costs and risks associated with harvesting the Sector’s ACE on behalf of the Non- 3 Active Members, and that the Active Members are making certain financial contributions to the Xxxxxx 0 that are not made by Non-Active Members. Obligations assumed by Active Members that are not 5 imposed on Non-Active Members include, but are not limited to payments of the initial Membership 6 Fee, and paying Network and Sector fees in connection with landings of catch harvested under the 7 Sector’s ACE. In consideration for the Active Members assuming these costs, risks and fee obligations, 8 each Non-Active Member shall: (a) Not fish in any ACE-accountable fisheries; 10 (b) Participate only as a transferor with regards to transfer of such member’s Harvest 11 Share within the sector. However, a Non-Active Member may act as a transferee through an Inter- 12 Sector transfer of ACE provided the transaction results in a net increase of this Sector’s ACE.
Sample 1
Non-Active Members. Non-active members may retain their membership in Hourglass Cabaret even if they are not participating in rehearsals on a regular basis, e.g. while on leave.
Sample 1
AutoNDA by SimpleDocs
Non-Active Members. The Members acknowledge that 15 A. Not fish in any ACE-accountable fisheries; 16 B. Participate only as a transferor with regards to transfer of such 17 member’s Harvest Share within the sector. However, a Non-Active Member may act as a 18 transferee through an Inter-Sector transfer of ACE provided the transaction results in a 19 net increase of this Sector’s ACE. 20 C. Not have access to information on FishTrax, or other Xxxxxx 00 specific tools, other than the information necessary to track the balance of such 22 Member’s Harvest Share, and specifically, shall not have access to Harvest Share Offers or 23 Permit Offers posted on behalf of Members; 24 D. Not have the Rights of First Offer on Sector Harvest Share and 25 the related Sector ACE extended to Active Members, which may be adopted or amended 26 from time to time by the Board under Section 7.3, and shall not have a right of first 27 refusal on Permits extended to Active Members, which may be adopted or amended 28 from time to time by the Board under Section 15; 1 E. Pay Sector Operating Fees on the net amount of Sector ACE 2 transferred out of the Sector by such Member and pay the Network Fee on the net 3 amount of Sector ACE transferred out of the NEFS Sectors by such Member.
Sample 1

Related to Non-Active Members

  • Initial Members The initial members of the LLC, their initial capital contributions, and their percentage interest in the LLC are: Initial Percentage Interest Capital Members in LLC Contribution

  • Committee Members See Section 3.5(a). -----------------

  • Committee Membership 1. Local representatives on committees specifically established by this Collective Agreement shall be appointed by the local. 2. In addition, if the employer wishes to establish a committee which includes bargaining unit members, it shall notify the local about the mandate of the committee, and the local shall appoint the representatives. The local will consider the mandate of the committee when appointing the representatives. If the employer wishes to discuss the appointment of a representative, the superintendent, or designate, and the president or designate of the local may meet and discuss the matter. 3. Release time with pay shall be provided by the employer to any employee who is a representative on a committee referred to in Article A.5.1 and A.5.2 above, in order to attend meetings that occur during normal instructional hours. Teacher teaching on call (TTOC) costs shall be borne by the employer. 4. When a TTOC is appointed to a committee referred to in Article A.5.1 and A.5.2 above, and the committee meets during normal instructional hours, the TTOC shall be paid pursuant to the provisions in each district respecting TTOC Pay and Benefits. A TTOC attending a “half day” meeting shall receive a half day’s pay. If the meeting extends past a “half day,” the TTOC shall receive a full day’s pay.

  • Active/Inactive Employee If you are covered under another plan as an active employee, your benefits and those of your dependents under that plan will be determined before benefits under this plan. The plan covering the active employee and dependents will be the primary plan. The plan covering that same employee as inactive (including those who are retired or have been laid off) will be the secondary plan for that employee and dependents.

  • New Members No person may be admitted as a member of the Company without the approval of the Member.

  • Additional Members One or more additional members may be admitted to the Company with the consent of the Member. Prior to the admission of any such additional members to the Company, the Member shall amend this Agreement to make such changes as the Member shall determine to reflect the fact that the Company shall have such additional members. Each additional member shall execute and deliver a supplement or counterpart to this Agreement, as necessary.

  • Other Members The Holding Company may offer the Offer Shares, if any, remaining after the Subscription Offering, in the Community Offering on a priority basis to natural persons residing in the New Jersey counties of Cumberland and Gloucester; to the Minority Stockholders as of the Voting Record Date, and then to the general public. In the event a Community Offering is held, it may be held at any time during or immediately after the Subscription Offering. Depending on market conditions, Offer Shares available for sale but not subscribed for in the Subscription Offering or purchased in the Community Offering may be offered in the Syndicated Community Offering to members of the general public through a syndicate of registered broker-dealers under the terms set forth on Exhibit A (“Assisting Brokers”) that are members of the Financial Industry Regulatory Authority (“FINRA”) managed by Stifel as the sole book running manager. It is acknowledged that the number of Offer Shares to be sold in the Offering may be increased or decreased as described in the Prospectus (as hereinafter defined); that the purchase of the Offer Shares in the Offering is subject to maximum and minimum purchase limitations as described in the Plan and the Prospectus; and that the Holding Company may reject, in whole or in part, any subscription received in the Community Offering and Syndicated Community Offering. The Holding Company has filed with the U.S. Securities and Exchange Commission (the “Commission”) a Registration Statement on Form S-1 (File No. [__________]) in order to register the Shares under the Securities Act of 1933, as amended (the “1933 Act”), and the regulations promulgated thereunder (the “1933 Act Regulations”), and has filed such amendments thereto as have been required to the date hereof (the “Registration Statement”). The prospectus, as amended, included in the Registration Statement at the time it initially became effective is hereinafter called the “Prospectus,” except that if any prospectus is filed by the Holding Company pursuant to Rule 424(b) or (c) of the 1933 Act Regulations differing from the prospectus included in the Registration Statement at the time it initially becomes effective, the term “Prospectus” shall refer to the prospectus filed pursuant to Rule 424(b) or (c) from and after the time said prospectus is filed with the Commission and shall include any supplements and amendments thereto from and after their dates of effectiveness or use, respectively. In connection with the Conversion, the MHC filed with the OTS an application for conversion to a stock company (together with any other required ancillary applications and/or notices, the “Conversion Application”) and amendments thereto as required by the OTS in accordance with the Home Owners’ Loan Act, as amended (the “HOLA”), and 12 C.F.R. Parts 575 and 563b (collectively with the HOLA, the “Conversion Regulations”). The Holding Company has also filed with the OTS its application on Form H-(e)1-S (together with any interim merger applications and any other required ancillary applications and/or notices, the “Holding Company Application”) to become a unitary savings and loan holding company under the HOLA and the regulations promulgated thereunder. Collectively, the Conversion Application and the Holding Company Application may also be termed the “Applications.” Concurrently with the execution of this Agreement, the Holding Company is delivering to the Agent copies of the Prospectus dated [______________], 2010 to be used in the Subscription Offering and Community Offering (if any), and, if necessary, will deliver copies of the Prospectus and any prospectus supplement for use in a Syndicated Community Offering.

  • 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.

  • EMPLOYEE WORK YEAR 9.1 The work year shall be as follows:

  • Limited Partners The Limited Partners shall not participate in the general conduct or control of the Partnership’s affairs and shall have no right or authority to act for or to bind the Partnership. The Limited Partners shall not be required to assume, endorse or guarantee any liabilities of the Partnership.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!