Examples of AC Member in a sentence
The FDR should be issued in the favour of ‘Indian Energy Exchange Limited - A/C Member name’ by any of the approved bank(s).All such fixed deposits shall be under lien of the Exchange and the bank must confirm that such lien has been recorded and that the Exchange has first charge on such fixed deposit receipts by issuing a letter along with the fixed deposit receipt.
The FDR should be issued in the favour of ‘Indian Energy Exchange Limited - A/C Member name’ by any of the approved bank(s).
If an AC Member is removed, the process set out in Article 4 or Article 5, as applicable, of this By-Law will be initiated.
Each AC Member, including the AC Board Chair, shall on all matters to be decided by the AC Members have one (1) vote.
Accordingly, on the expiry of the term of the AC Member nominated by OCSTA, his or her successor will be nominated by OPSBA pursuant to Section 4.1 and on the expiry of the term of the AC Member nominated by OPSBA, his or her successor will be nominated by OCSTA.
The FDR should be issued in the favour of „Indian Energy Exchange Limited - A/C Member name‟ by any of the approved bank(s).
The nominees will then be presented to the Members of the Corporation at the next meeting of Members who may appoint one (1) of the Sponsor Organization’s nominees as an AC Member by a majority vote of the Members of the Corporation.
A Sponsor Organization may submit to the Corporation a request that the AC Member currently occupying such Sponsor Organization’s Seat be removed, and the Administration Corporation may submit to the Corporation a request that any AC Member be removed.
If a Seat of a Sponsor Organization has become vacant due to the resignation or removal of an AC Member or due to the failure of the relevant Sponsor Organization to submit nominees to fill such Seat in accordance with the instructions of the Corporation as set out in Section 4.1 hereof, then such Seat shall remain vacant until filled in accordance with the provisions of this By-Law.
The Members may, in any particular circumstance, by an affirmative two-thirds (2/3) vote of the Members, shorten or lengthen (at the time of appointment) the term of appointment of an AC Member, and may accelerate, suspend, waive or extend any date specified herein.