Affected Member definition
Examples of Affected Member in a sentence
In the event the other members or the Company do not elect to acquire the disabled member’s interest, the Affected Member will, as of the date of disability, (1) automatically cease to be a member (as that term is used in this Agreement and under the Act), and (2) have only the rights of an assignee in accordance with the Act.
If the Affected Member fails to select a physician within ten (10) business days after notice is given, the other members will select a physician.
Within thirty (30) days of the notice, a board of three (3) qualified physicians (by a majority vote) will determine whether or not in their opinion the Affected Member has a disability.
The determination will be made in writing and delivered to the Company and the Affected Member.
The Affected Member agrees to submit to any examination by each of the board of qualified physicians, and all costs of the examination will be paid by the Company.