Accepting Member definition

Accepting Member shall have the meaning specified in Section 5.1(b)(i).
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Accepting Member has the meaning set forth in Section 7.3(b).
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Accepting Member has the meaning set forth in Section 6.2(b).
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Examples of Accepting Member in a sentence

  • If such offer is accepted by a Member (each, an “Accepting Member”), Dico shall sell to each Accepting Member and each Accepting Member shall purchase from Dico, for the consideration and on the terms set forth in the Dico’s notice of such Eligible Offering, the number of Additional Units that such Accepting Member has elected to purchase.

  • The Seller and the Accepting Member will procure that a Board Meeting is held to approve the transfer on the date of the transfer and will procure that any Directors appointed by them vote in favour of the transfer.

  • Such notice by the Accepting Members (“Cover Notices”) must be delivered to the Separating Member, the Declining Member, and every other Accepting Member within thirty (30) days of the initial Separation Notice.

  • In order to be effective, a Liberty Acceptance Notice must be signed by the Liberty Accepting Member and be delivered to the IDT Offeror no later than 5:00 p.m. Denver, Colorado time on the tenth Business Day following the date the IDT Offer Notice is delivered.

  • Within 30 days of the date of service of the Notice of Sale and against the Accepting Member paying to the Seller the required sale consideration and doing all things necessary to be done by the Accepting Member to complete the sale and purchase of the Sale Shares, the Seller must give the Accepting Member a share transfer form of the relevant number of Sale Shares (free of any Security Interest) signed by the Seller.

  • A duly completed and delivered IDT Acceptance Notice shall constitute a binding irrevocable agreement by the Liberty Accepting Member to purchase the IDT Offered Units at their Fair Market Value as provided in this Section 2.2. If a Liberty Acceptance Notice meeting the requirements specified above is not delivered within such ten Business Day period, then the Liberty Members shall be deemed to have rejected the offer of the IDT Offered Units.

  • At any closing referred to herein, the Nonaccepting Member shall pay to the Accepting Member the Right of Refusal Purchase Price and each party shall execute and deliver such appropriate and customary closing documents, including opinions of legal counsel, as the other party may reasonably request for the purpose of consummating the sale.

  • If a Member (an "Accepting Member") notifies the Managing Member that it is electing to make the applicable Supplemental Capital Contribution prior to the Contribution Offer Expiration Date, such election shall be irrevocable, and such Accepting Member shall be bound to make such Supplemental Capital Contribution to the Company in an amount equal to its Supplemental Contribution Participation Amount.

  • The Seller must give the Accepting Member the share certificates for the Sale Shares at the same time as it gives the Accepting Member a share transfer form under Article 39.

  • Each Non-Transferring Member wishing to accept such offer (each, an "Accepting Member") shall thereafter negotiate in good faith with the Transferring Member.


More Definitions of Accepting Member

Accepting Member has the meaning given to such term in Section 14.6(a).
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Accepting Member means a Member who has offered to acquire any Sale Shares under Article 37;
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Accepting Member shall have the meaning set forth in Section 10.03(b) hereof.
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Accepting Member is defined in Section 12.1.
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Accepting Member has the meaning given to such term in Section 14.6(a). "Acquiring Member" has the meaning given to such term in Section 12.1(b). "Acquisition" has the meaning given to such term in Section 12.3(a). "Acquisition Costs" has the meaning given to such term in Section 12.1(b).
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Related to Accepting Member

  • Participating member means an eligible employee who elects to participate in the defined contribution retirement plan established under this chapter.

  • Purchasing Member has the meaning set forth in Section 9.2(c).

  • Redeeming Member has the meaning set forth in Section 11.01(a).

  • Initiating Member has the meaning set forth in Section 7.5.

  • Disposing Member is defined in Section 4.1.

  • Selling Member has the meaning set forth in Section 10.5(a).

  • Founding Member means any individual who is either:

  • Other Member means a Voting Member who is not an Eligible Account Holder or a Supplemental Eligible Account Holder.

  • Transferring Member shall have the meaning set forth in Section 7.2(a).

  • Contributing Member shall have the meaning set forth in Section 3.2(b).

  • Exchanging Member means a Member that Exchanges some or all of its Units.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Non-Contributing Member shall have the meaning set forth in Section 3.2(b).

  • Panel Member ’ means a member of a panel;

  • Remaining Members has the meaning set forth in Section 11.2.

  • Non-Managing Member means any Member other than the Managing Member.

  • Service member means a member of the armed forces, a reserve branch of the armed forces, or the Michigan national guard.

  • Eligible Member means an employee who is enrolled in one of the designated benefits plans for which you offer participation in the wellness incentive program prior to the end of the first six months of the policy year and who remains enrolled in one of the designated benefits plans at the end of the policy year. Eligible Member also means the employee’s dependents to the extent that dependents are eligible to participate in the Blue Cross and Blue Shield wellness incentive program.) To qualify for a group wellness incentive award, you must meet the following program participation conditions: • You are a group eligible to offer the program as determined by Blue Cross and Blue Shield; and • You elect to offer the Blue Cross and Blue Shield wellness incentive program to your Members who are eligible to participate in the program at the start of your policy year and you continue the program for eligible Members through the end of the policy year; and • At least 20% of your Members who are eligible for the program must participate in the program during the policy year in which you offer the wellness incentive program; and • This Agreement is not be terminated before the end of the policy year in which you offer the wellness incentive program. When you offer a Blue Cross and Blue Shield wellness incentive program, Blue Cross and Blue Shield will determine if you qualify for a group incentive award within 90 days after the end of the policy year. Your group wellness incentive award will be calculated as a percentage of the total medical insurance premium you paid for the policy year for benefits plans for which you offer wellness incentive program participation, excluding any premium payments that are received by Blue Cross and Blue Shield after the end of the policy year. The percentage used to calculate your wellness incentive award will vary depending on how many of your eligible Members participate in the program during the policy year as follows: 1.25% when 20% to 49% of eligible Members participate; or 2.5% when 50% to 79% of eligible Members participate; or 7.5% when 80% to 100% of eligible Members participate. For the purpose of calculating your group wellness incentive award, an eligible Member who earns his or her individual maximum member wellness incentive payment in the policy year is considered to have participated in the program for that policy year. If you qualify for a group incentive award, Blue Cross and Blue Shield will issue the incentive amount to you (by means of a credit and/or a check) once the incentive amount has been calculated. You are solely responsible for determining whether you have any obligation to distribute all or part of your group wellness incentive award to your employees, or to credit a portion of your group wellness incentive award toward their benefits, or otherwise to notify them of your group wellness incentive award. You agree to indemnify and hold Blue Cross and Blue Shield harmless from any and all actions that may be brought against you or Blue Cross and Blue Shield due to your failure to provide any required distribution of, credit, or notification about, your group wellness incentive award to your employees.

  • Active member means a member of the pension program or the individual account program

  • Additional Member means a Person admitted as a Member of the Company as a result of an issuance of Shares to such Person by the Company.

  • Former Member means a member that has withdrawn from a qualified authority under this section or a prior member of a qualified authority that has been dissolved under this section.

  • Deferred member means a person who elected to receive deferred vested retirement

  • Full Member means any person who is in one of the categories of membership referred to in Rule 10.3.

  • Continuing Member means a member of the Board of Directors of the Company who either (a) was a member of the Company's Board of Directors on the Effective Date and has been such continuously thereafter or (b) became a member of such Board of Directors after the Effective Date and whose election or nomination for election was approved by a vote of the majority of the Continuing Members then members of the Company's Board of Directors.