Transfer of Membership. A Member of the Corporation may not transfer its membership or a right arising from it except to any Person succeeding to all or substantially all of the assets of the Member. If challenged, the President shall have authority to approve any such transfer, subject to review by the Board.
Appears in 4 contracts
Samples: Delegation Agreement, Delegation Agreement, Delegation Agreement
Transfer of Membership. A Member of the Corporation may not transfer its membership Membership or a right arising from it such membership may not be transferred except to any Person succeeding to all or substantially all of the assets of the Member or Adjunct Member. If challenged, the President The president shall have authority to approve any such transfer, subject to review by the Boardboard of directors.
Appears in 3 contracts
Samples: Delegation Agreement, Delegation Agreement, Delegation Agreement
Transfer of Membership. A Member of the Corporation may not transfer its membership or a right arising from it such membership except to any Person succeeding to all or substantially all of the assets of the Member. If challenged, the President The president shall have authority to approve any such transfer, subject to review by the Boardboard of directors.
Appears in 2 contracts
Samples: Regional Delegation Agreement, Delegation Agreement
Transfer of Membership. A Member of the Corporation may not transfer its membership Membership or a right arising from it such membership may not be transferred except to any Person succeeding to all or substantially all of the assets of the Member or Adjunct Member. If challenged, the President The president shall have authority to approve any such transfer, subject to review by the Boardboard of directors.
Appears in 2 contracts
Samples: Delegation Agreement, Delegation Agreement