Common use of Rights and Obligations of Joint Members Clause in Contracts

Rights and Obligations of Joint Members. Except as otherwise provided in these Bylaws, a Joint Member has and enjoys the rights, benefits, and privileges, and is subject to the obligations, requirements, and liabilities, of being a Member. Joint Members are jointly and severally liable for complying with the Governing Documents. As used in these Bylaws, and except as otherwise provided in these Bylaws, a membership includes a Joint Membership and a Member includes a Joint Member. For a Joint Membership: (1) notice of a meeting provided to one Joint Member constitutes notice to all Joint Members; (2) waiver of notice of a meeting signed by one Joint Member constitutes waiver of notice for all Joint Members; (3) the presence of one or more Joint Members at a meeting constitutes the presence of one Member at the meeting; (4) the presence of one Joint Member at a meeting waives notice of the meeting for all Joint Members; (5) the presence of one Joint Member at a meeting will not invalidate a Mail Ballot, electronic ballot, or other early vote deemed submitted by the Board as part of the resolution authorizing the mail ballot, electronic ballot, or other early voting procedure; (6) if only one Joint Member votes on a matter; signs a petition, consent, waiver, or other document; or otherwise acts, then the vote, signature, or action binds the Joint Membership and constitutes one vote, signature, or action; (7) if more than one Joint Member votes on a matter; signs a petition, consent, waiver, or other document; or otherwise acts, then the first vote, signature, or action received by the Cooperative binds the Joint Membership and constitutes one vote, signature, or action; (8) except upon the failure to Occupy the same Location to or for which the Cooperative Provides or will Provide a Cooperative Service, the suspension or termination of a Joint Member constitutes the suspension or termination of all Joint Members; and (9) a Joint Member qualified to be a member of the Board (“Director”) may be a Director, regardless of whether another Joint Member is qualified to be a Director, but if more than one Joint Member is qualified to be a Director, then only one Joint Member may be a Director. If an individual or Entity is a Joint Member in more than one Joint Membership, then the individual or Entity may vote on a matter, and sign a petition, consent, waiver, or other document, through one Joint Membership only.

Rights and Obligations of Joint Members. Except as otherwise provided in these Bylaws, a Joint Member has and enjoys the rights, benefits, and privileges, and is subject to the obligations, requirements, and liabilities, of being a Member. Joint Members are jointly and severally liable for complying with the Governing Documents. As used in these Bylaws, and except as otherwise provided in these Bylaws, a membership includes a Joint Membership and a Member includes a Joint Member. For a Joint Membership: (1) notice of a meeting provided to one Joint Member constitutes notice to all Joint Members; (2) waiver of notice of a meeting signed by one Joint Member constitutes waiver of notice for all Joint Members; (3) the presence of one or more Joint Members at a meeting constitutes the presence of one Member at the meeting; (4) the presence of one Joint Member at a meeting waives notice of the meeting for all Joint Members; (5) the presence of one Joint Member at a meeting will not may invalidate a Mail Ballot, electronic ballot, or other early vote deemed submitted Ballot previously mailed by the Board as part of the resolution authorizing the mail ballot, electronic ballot, or other early voting procedureJoint Member; (6) if only one Joint Member votes on a matter; signs a petition, consent, waiver, or other document; or otherwise acts, then the vote, signature, or action binds the Joint Membership and constitutes one vote, signature, or action; (7) if more than one Joint Member votes on a matter; signs a petition, consent, waiver, or other document; or otherwise acts, then the first vote, signature, or action received by the Cooperative binds the Joint Membership and constitutes one vote, signature, or actionaction of the Joint Members; (8) except upon the failure to Occupy cessation of the same Location to or for which the Cooperative Provides or will Provide a Cooperative Servicelegally recognized relationship, the suspension or termination of a Joint Member constitutes the suspension or termination of all Joint Members; and (9) a Joint Member qualified to be a member of the Board (“"Director”") may be a Director, regardless of whether another Joint Member is qualified to be a Director, but if more than one Joint Member is qualified to be a Director, then only one Joint Member may be a Director. If an individual or Entity is a Joint Member in more than one Joint Membership, then the individual or Entity may vote on a matter, and sign a petition, consent, waiver, or other document, through one Joint Membership only.

Rights and Obligations of Joint Members. Except as otherwise provided in these Bylaws, a Joint Member has and enjoys the rights, benefits, and privileges, and is subject to the obligations, requirements, and liabilities, of being a Member. Joint Members are jointly and severally liable for complying with the Governing Documents. As used in these Bylaws, and except as otherwise provided in these Bylaws, a membership includes a Joint Membership and a Member includes a Joint Member. For a Joint Membership: (1) notice of a meeting provided to one a Joint Member constitutes notice to all Joint Members; (2) waiver of notice of a meeting signed by one a Joint Member constitutes waiver of notice for all Joint Members; (3) the presence of one a Joint Member or more all Joint Members at a meeting constitutes the presence of one Member at the meeting; (4) the presence of one a Joint Member at a meeting waives notice of the meeting for all Joint Members; (5) the presence if any party of one Joint Member at a meeting will not invalidate a Mail Ballot, electronic ballot, or other early vote deemed submitted by the Board as part of the resolution authorizing the mail ballot, electronic ballot, or other early voting procedure; (6) if only one Joint Member votes on a matter; , signs a petitiondocument, consent, waiver, or other document; or otherwise acts, then the vote, signature, or action binds the Joint Membership and constitutes one vote, signature, or action; (76) if more than one Joint Member votes on a matter; signs a petition, consent, waiver, or other document; or otherwise acts, then the first vote, signature, or action received by the Cooperative binds the Joint Membership and constitutes one vote, signature, or action; (8) except upon the failure to Occupy cessation of the same Location to or for which the Cooperative Provides or will Provide a Cooperative Servicelegally recognized relationship, the suspension or termination of a Joint Member constitutes the suspension or termination of all Joint Members; and (97) a Joint Member qualified to be a member of the Board (“DirectorTrustee”) may be a DirectorTrustee, regardless of whether another Joint Member is qualified to be a DirectorTrustee, but if more than one Joint Member is qualified to be a DirectorTrustee, then only one Joint Member may be a Director. If an individual or Entity is a Joint Member in more than one Joint Membership, then the individual or Entity may vote on a matter, and sign a petition, consent, waiver, or other document, through one Joint Membership onlyTrustee.