Appointing Member definition

Appointing Member means, in relation to an Agent Member, each Member from time to time appointing that Agent Member.

Appointing Member means, in relation to an Agent Member, each Member from time to time appointing that Agent Member. Australian Standard (AS) means the most recent edition of a standard publication by Standards Australia (Standards Association of Australia).

Appointing Member shall have the meaning set forth in Section 3.5(c).

Examples of Appointing Member in a sentence

• In the event that an Appointing Member transfers such Units, the appointment rights shall not transfer with the Units, but shall expire upon the date of transfer unless said transfer is to an Affiliate or Related Party of the Appointing Member.

• Further, the invalidity or unenforceability of any provision hereof as to either Indemnitee or Appointing Member shall in no way affect the validity or enforceability of any provision hereof as to the other.

• For the purposes of this clause, an Appointing Member’s facility agreement is an agreement with a Transportation Service Provider for the use of Capacity that the Appointing Member is a party to, but not the Agent Member.

• The issue of a Participant ID to the Appointing Member does not give the Appointing Member access to the Trading System.

• If such Appointing Member fails to make such designation within five (5) Business Days after written demand by the other Member, the other Member may designate by written notice to the Appointing Member one or more (as appropriate) of the Appointing Member’s designees on the Board of Managers that will cease serving on the Board of Managers and each such designee shall thereupon cease to be a Manager or member of the Board of Managers.

More Definitions of Appointing Member

Appointing Member means each Member that is entitled to appoint one or more Governors pursuant to Article 10, without an election by all of the Members otherwise entitled to vote with respect to Company matters; and includes each of its successors and assigns that becomes a Member hereunder with respect to all of the Voting Interest held by the Appointing Member.

Appointing Member means a member who appoints another member on the appropriate proxy form as his or her proxy for the purpose of voting at general meetings

Appointing Member means a Member which satisfies the criteria set out in Article 2.5 (Appointing Members).

Appointing Member means a member who appoints another member on the appropriate proxy form for the purpose of voting at an Annual or a Special General Meeting.

Appointing Member shall have the meaning set forth in Section 8.3 hereof.

Appointing Member has the meaning set forth in Section 5.3(c). (f) “Articles” means the Articles of Organization of the Company filed with the Indiana Secretary of State, as same may be amended from time to time. (fg) "Assignee" means a transferee of Units who is not admitted as a substituted member pursuant to Section 9.8. (g(h) “BBA” has the meaning set forth in Section 7.4(a) hereof. (i) “BBA Procedures” means the partnership audit procedures enacted under Section 1101 of the BBA. (j) "Capital Account" means the separate capital account maintained for each Unit Holder in accordance with Section 2.3. (hk) "Capital Contributions" means, with respect to any Member, the amount of money (US Dollars) and the initial Gross Asset Value of any assets or property (other than money) contributed by the Member (or such Member's predecessor in interest) to the Company (net of liabilities secured by such contributed property that the Company is considered to assume or take subject to under Code Section 752) with respect to the Units in the Company held or purchased by such Member, including additional Capital Contributions. (i(l) “Class A Member” means any Person (i) who has become a Member pursuant to the terms of this Agreement, and (ii) who is the owner of one or more Class A Units. “Class A Members” means all such persons. (m) “Class A Unit” means an ownership interest in the Company representing a Capital Contribution made as provided in Section 2 in consideration of Units that have been classified into Class A Units, including any and all benefits to which the holder of such Units may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement. (n) “Class A Unit Holders(s)” means the owner(s) of one or more Class A Units. (o) “Class B Member” means any Person (i) who has become a Member under this Agreement, and (ii) who is the owner of one or more Class B Units. “Class B Members” means all such Persons. (p) “Class B Unit” means an ownership interest in the Company representing a Capital Contribution made as provided in Section 2 in consideration of Units that have been classified into

Appointing Member means an Entitled Member or an Affiliate Member who appoints a proxy to vote on his behalf at any meeting of the Association;