Examples of Adjunct member in a sentence
Any entity not eligible to join an Industry Sector may be an Adjunct Member of the Corporation.
The president shall review a membership application and may request demonstration by the applicant that it qualifies for membership in a particular Industry Sector or as an Adjunct Member.
A Member or Adjunct Member, or the agent or attorney of a Member or Adjunct Member, may inspect all books and records and voting agreements for any proper purpose at any reasonable time.
Members may join as a Corporate, Associate or Adjunct Member subject to the criteria set forth in the ERCOT Bylaws.
Upon request, the Corporation shall give the Member or Adjunct Member a statement showing the financial result of all operations and transactions affecting income and surplus during its last annual accounting period and a balance sheet containing a summary of its assets and liabilities as of the closing date of the accounting period.
Membership or a right arising from 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.
Request for renewing an Adjunct Member appointment must follow this same process.
Each Affiliate of a Member or Adjunct Member may separately be a Member or Adjunct Member, respectively.
Such notice shall specify a date, not earlier than thirty (30) days from the date of notice, on which the withdrawal shall become effective; provided however, that any such withdrawing Member or Adjunct Member shall remain liable to the Corporation for any fees, dues, sanctions or obligations to the Corporation incurred during the entity’s Membership, as well as its share of any obligations of the Corporation for the current fiscal year.
The fees for an Adjunct Member that wishes to participate in Member Services activities shall be $5,000 per annum.