Original member of this retirement system means:
Start-up Period means up to 7 Academy Financial Years and covers the period up to and including the first Academy Financial Year in which all age groups are present at the Academy (that is, all the pupil cohorts relevant to the age range of the Academy will have some pupils present).
Individual Member means a registered, financial Member of the Club who is at least 18 years of age.
IPO Date means the date of the underwriting agreement between the Company and the underwriter(s) managing the initial public offering of the Common Stock, pursuant to which the Common Stock is priced for the initial public offering.
IPO means the Company’s first underwritten public offering of its Common Stock under the Securities Act.
Initial Limited Partner has the meaning set forth in the Preamble.
Initial Member has the meaning set forth in the introductory paragraph.
Lock-up Period means the period beginning on the date hereof and continuing through the close of trading on the date that is 90 days after the date of the Prospectus (as defined in the Underwriting Agreement).
New Members As Defined By the Public Employees’ Pension Reform Act of 2013 (PEPRA)
Deferred member means a person who elected to receive deferred vested retirement
Initial Limited Partners means the Organizational Limited Partner (with respect to the Common Units and Subordinated Units received by it as described in Section 5.1), the General Partner (with respect to the Incentive Distribution Rights received by it as described in Section 5.1) and the Underwriters, in each case upon being admitted to the Partnership in accordance with Section 10.1.
Pre-Closing Period means any Tax period ending on or before the Closing Date.
Initial Offering Period means the initial period during which a Series of the Trust will offer its Shares prior to the commencement of investment operations of such Series;