Suspension of Membership. (a) If a member fails to fulfill any of its obligations to the Association, the Association may suspend its membership by decision of a majority of the Governors, exercising a majority of the total voting power. The member so suspended shall automatically cease to be a member one year from the date of its suspension unless a decision is taken by the same majority to restore the member to good standing.
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Samples: Articles of Agreement, Articles of Agreement, Ida Articles of Agreement
Suspension of Membership. (a) If a member fails to fulfill fulfil any of its obligations to the AssociationCorporation, the Association Corporation may suspend its membership by decision of a majority of the Governors, Governors exercising a majority of the total voting power. The member so suspended shall automatically cease to be a member one year from the date of its suspension unless a decision is taken by the same majority to restore the member to good standing.
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Samples: www.commonlii.org
Suspension of Membership. (a) If a member fails to fulfill fulfil any of its obligations to the Association, the Association may suspend its membership by decision of a majority of the Governors, exercising a majority of the total voting power. The member so suspended shall automatically cease to be a member one year from the date of its suspension unless a decision is taken by the same majority to restore the member to good standing.
Appears in 1 contract
Samples: Development Association Agreement