Act of the members definition

Act of the members means either:
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Act of the members means action by the members as provided in section 10-32.1-39 whether:
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Act of the members means any act described in Section 10.02.
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Examples of Act of the members in a sentence

  • The membership interests (as defined in the Act) of the members of the LLC shall be divided into and consist of 1,000 shares (“Shares”).

  • The social and health insurance contributions under the Social Insurance Code and the Health Insurance Act of the members of the constituency, municipal and section election commissions shall be for the account of the executive budget.

  • The Rules may only be altered by special resolution (as defined in the Act) of the members.

  • Elliot ed., The Debates in the Several State Conventions 485 (2d ed.


More Definitions of Act of the members

Act of the members means the affirmative vote at a meeting or written agreement of those Members having Percentage Interests cumulatively in excess of one-half of the Percentage Interests of all Members entitled to vote shall constitute an Act of the Members. In the case of a Member who has disposed of that Member’s entire Percentage Interest to an assignee, but who has not been removed as provided below, the Percentage Interest of such assignee shall he considered in determining an Act of the Members.
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Act of the members has the meaning stated in Section 10.01.
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Related to Act of the members

  • Majority in Interest of the Members means Members whose Percentage Interests aggregate to greater than fifty percent of the Percentage Interests of all Members.

  • the Members means the members of the Club admitted from time to time to membership of the Club in accordance with Rule 5;

  • Majority in Interest of the Partners means Partners holding in the aggregate Percentage Interests that are greater than fifty percent (50%) of the aggregate Percentage Interests of all Partners entitled to Consent to or withhold Consent from a proposed action.

  • Special Member means, upon such person’s admission to the Company as a member of the Company pursuant to Section 5(c), a person acting as Independent Director, in such person’s capacity as a member of the Company. A Special Member shall only have the rights and duties expressly set forth in this Agreement.

  • Approved by the members , for a mutual savings bank, means approved by a majority of all votes cast at a duly held regular meeting or special meeting.

  • Majority in Interest of the Limited Partners means Limited Partners holding in the aggregate Percentage Interests that are greater than fifty percent (50%) of the aggregate Percentage Interests of all Limited Partners.

  • Potential Member means an individual who meets the eligibility requirements to enroll in the Oregon Health Plan but has not yet enrolled with a specific PHP or CCO.

  • Principal Member means the person who signs the application and is responsible for the payment of premiums.

  • Structural member means any load-supporting member of a facility, such as beams and load-supporting walls, or any nonload-supporting member, such as ceilings and nonload-supporting walls.

  • Managing Member means CEF Equipment Holding, L.L.C., a Delaware limited liability company or any successor Managing Member under the Issuer Limited Liability Company Agreement.

  • Initial Member has the meaning set forth in the introductory paragraph.

  • Individual Member means a registered, financial Member of the Club who is at least 18 years of age.

  • Panel Member ’ means a member of a panel;

  • Major Decision means:

  • Initial Members means those Persons whose names are set forth in the first sentence of this Agreement. A reference to an “Initial Member” means any of the Initial Members.

  • Public member means a person who is not a health

  • Financial Member means a person who has paid the required membership fee and is listed on the Register of Members.

  • Limited Partners means all such Persons.

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

  • Tribal Member means an enrolled member of the Tribe.

  • Presiding Member means the presiding member of a committee or the deputy presiding member, or a member of the committee when performing a function of the presiding member in accordance with the Act;

  • Class C Member means a Member holding the Class C Ordinary Share.

  • Unit Majority means (i) during the Subordination Period, at least a majority of the Outstanding Common Units (excluding Common Units owned by the General Partner and its Affiliates), voting as a class, and at least a majority of the Outstanding Subordinated Units, voting as a class, and (ii) after the end of the Subordination Period, at least a majority of the Outstanding Common Units.

  • Voting Members has the meaning set forth in Section 4.07(b).

  • Management Committee means in the case of a Competition which is an unincorporated association, the management committee elected to manage the running of the Competition and where the Competition is incorporated it means the Board of Directors appointed in accordance with the articles of association of that company.

  • Council Member means a member of the Council;