A Member s Capital Account shall be increased by:
A Member or former Member who has directed the Trustee to tender some or all of the shares of the Sponsor Stock credited to the Member's or former Member's Accounts may, at any time prior to the tender offer withdrawal date, direct the Trustee to withdraw some or all of the tendered shares, and the Trustee shall withdraw the directed number of shares from the tender offer prior to the tender offer withdrawal deadline. Prior to the withdrawal deadline, if any shares of the Sponsor Stock not credited to Members' or former Members' Accounts have been tendered, the Trustee shall redetermine the number of shares of the Sponsor Stock that would be tendered under this Section if the date of the foregoing withdrawal were the date of determination, and withdraw from the tender offer the number of shares of the Sponsor Stock not credited to Members' or former Members' Accounts necessary to reduce the amount of tendered Sponsor Stock not credited to Members' or former Members' Accounts to the amount so redetermined. A Member or former Member shall not be limited as to the number of directions to tender or withdraw that the Member or former Member may give to the Trustee. A direction by a Member or former Member to the Trustee to tender shares of the Sponsor Stock reflecting the Member's or former Member's proportional interest in the Sponsor Stock held in the Trust shall not be considered a written election under the Plan by the Member or former Member to withdraw, or have distributed, any or all of his withdrawable shares. The Trustee shall credit to each proportional interest of the Member or former Member from which the tendered shares were taken the proceeds received by the Trustee in exchange for the shares of the Sponsor Stock tendered from that interest.
Examples of A Member in a sentence
A member will not be entitled to interest on or with respect to any capital contribution.
A member appointed by a vote of members collectively holding a majority interest in the Company (the “Winding Up Member”), will be responsible for overseeing the winding up and liquidation of the Company.
A member will not be entitled to withdraw a capital contribution without the consent of all other members.
A member may sell or assign their interest only to another member or to the Company as provided in Article 7 below.
A member may resign, retire or withdraw from the Company at any time by giving xxxxxx (90) days advance written notice to the remaining members.
More Definitions of A Member
A Member s Interest or an Economic Interest may be transferred or assigned only as provided in this Agreement.
A Member means a member of the Committee, appointed under paragraphs 2–9 of the annex to decision SC-1/7 of the Conference of the Parties (“Terms of reference of the Persistent Organic Pollutants Review Committee”), who has filed with the Chair a declaration of non-disclosure;
A Member means any person who is a member of the Charity at the date of the adoption of these articles and any person who is appointed as a Member in accordance with these Articles.
A Member has the right, on written request, to obtain a copy of any document in their Official Performance File or Personnel File subject to section 21.11. Such copies will be provided free of charge.
A Member s personnel file shall contain data pertaining to the Member's personal employment history including but not limited to academic records, employment records, evaluations by the Xxxx and Associate Deans, authorized student evaluations, disciplinary documents, salary documents and correspondence relating to a Member's terms and conditions of employment.
A Member s Xxxx may initiate discussion of a possible Reduced Workload for a Member at a meeting with the Member convened for the purpose. Following such a discussion, a Member’s Xxxx may propose (through the Chair or Director, if applicable) a Reduced Workload. Such a proposal shall be in writing, shall invite the Member to discuss its provisions, shall state that the Member’s participation in any Reduced Workload is voluntary, and shall state that the Member has the right to have a representative of the Association present at any discussion of the proposal. Such a proposal shall be made at least six months before the proposed Reduced Workload is to take effect. Such requests made less than six months before the proposed change will be considered only in cases of unforeseen circumstances.
A Member means a current Member of The Club who has complied with Rule 5.1.