Basic Members definition

Basic Members means the members of a Scheme entered into by the Company with a Constituent Unit or a County Association or a Chess League which complies with the Framework set out in the Schedule hereto, which category of membership shall be closed with effect from 31st August 2012.
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Basic Members means the members of a Scheme entered into by the Company w ith a Constituent Unit or a County Association or a Chess League w hich complies w ith the Framew ork set out in the Schedule hereto.
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Basic Members means a member afforded the class of basic membership;
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Examples of Basic Members in a sentence

  • Basic Members must register and pay a one time Basic Member registration fee.

  • A National organisation must register Competitors and/or Non-Voting Adjudicators and/or Basic Members with the Company.

  • Hubble.”admiration of NASA space mission teams, as well as the gratitude of the international scientific community.” Doxsey is one of the pioneers of the Hubble project.He arrived at the Institute in 1981, nine years before Hubble began looking at the heavens.

  • The Council has not adopted the Local Authorities (Members Allowances) (England) Regulations 2003 for the payment of a Basic Members Allowance.

  • Dues shall be not less than $5.00 per year nor greater than first year membership in the National LP or LPVA.Unified Membership Program The Board may enter into an agreement with the National LP or LPVA to recognize the Unified Membership Program and treat UMP members as Basic Members.Privileges Basic Members shall be entitled to vote at LPHC Conventions and attend LPHC Board meetings.

  • We’re so confident our Travel Savings Dollars will always save consumers money that we have a 110% low price guarantee! There is no cost to join, and every customer’s first $100 in Travel Savings is ON US! After that, Basic Members can purchase more Travel Savings Dollars at a 60% – 80% discount, similar to the way Groupon® works.

  • Basic Members are entitled to attend (but not vote at) meetings of the members.

  • Members agreed that a Basic Members Allowance should not be introduced and that Town Councillors should continue to receive no remuneration for the office.

  • The Association has never had so many Full Members, neither has there ever been such a big gap between the numbers of Full and Basic Members.

  • Any right or privilege granted to a Basic Member is also held by members of other classes, but other classes of members may have rights and privileges not granted to Basic Members.

Related to Basic Members

  • Class B Members means the Members holding Class B Units.

  • Class A Members means those Members who have purchased Class A Interests.

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

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

  • Founding Members means the collective reference to American Multi-Cinema, Inc., a Missouri corporation, Cinemark Media, Inc., a Delaware corporation, and Regal CineMedia Holdings, LLC, a Delaware limited liability company.

  • 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.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

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

  • New Members As Defined By the Public Employees’ Pension Reform Act of 2013 (PEPRA)

  • Unit Holders means all Unit Holders.

  • Other Members has the meaning specified in the recitals to this Agreement.

  • Unitholders means the holders of Units.

  • Initial Capital Contributions has the meaning set forth in Section 5.1.

  • Members’ Percentage Interests means the ownership percentage interests as mentioned in Section I of this Agreement. During each fiscal year, the net profits and net losses of the Company (other than from capital transactions), and each item of income, gain, loss, deduction, or credit entering into the computation thereof, shall be credited or charged, as the case may be, to the capital accounts of each Member(s) in proportion to the Members' Percentage Interests. The net profits of the Company from capital transactions shall be allocated in the following order of priority: (a) to offset any negative balance in the capital accounts of the Member(s) in proportion to the amounts of the negative balance in their respective capital accounts, until all negative balances in the capital accounts have been eliminated; then (b) to the Member(s) in proportion to the Members’ Percentage Interests. The net losses of the Company from capital transactions shall be allocated in the following order of priority: (a) to the extent that the balance in the capital accounts of any Member(s) are in excess of their original contributions, to such Member(s) in proportion to the excess balances until all such excess balances have been reduced to zero; then (b) to the Member(s) in proportion to the Members’ Percentage Interests. The cash receipts of the Company shall be applied in the following order of priority: (a) to the payment of interest or amortization on any mortgages on the assets of the Company, amounts due on debts and liabilities of the Company other than those due to any Member(s), costs of the construction of the improvements to the assets of the Company and operating expenses of the Company; (b) to the payment of interest and establishment of cash reserves determined by the Member(s) to be necessary or appropriate, including without limitation, reserves for the operation of the Company’s business, construction, repairs, replacements, taxes and contingencies; and (d) to the repayment of any loans made to the Company by any Member(s). Thereafter, the cash receipts of the Company shall be distributed among the Member(s) as hereafter provided. Except as otherwise provided in this Agreement or otherwise required by law, distributions of cash receipts of the Company, other than from capital transactions, shall be allocated among the Member(s) in proportion to the Members’ Percentage Interests. Except as otherwise provided in this Agreement or otherwise required by law, distributions of cash receipts from capital transactions shall be allocated in the following order of priority: (a) to the Member(s) in proportion to their respective capital accounts until each Member(s) has received cash distributions equal to any positive balance in their capital account; then (b) to the Member(s) in proportion to the Members' Percentage Interests. It is the intention of the Member(s) that the allocations under this Agreement shall be deemed to have “substantial economic effect” within the meaning of Section 704 of the Internal Revenue Code and Treas. Reg. Section 1.704-1. Should the provisions of this Agreement be inconsistent with or in conflict with Section 704 of the Code or the Regulations thereunder, then Section 704 of the Code and the Regulations shall be deemed to override the contrary provisions thereof. If Section 704 of the Regulations at any time require that limited liability company operating agreements contain provisions which are not expressly set forth herein, such provisions shall be incorporated into this Agreement by reference and shall be deemed a part of this Agreement to the same extent as though they had been expressly set forth herein.

  • Class B Percentage Interest As of any date of determination, with respect to the Class B Certificates, a percentage interest equal to a fraction, the numerator of which is the Class Principal Balance of the Class B Certificates on such date, and the denominator of which is the Class Principal Balance of the Class B Regular Interest on such date.

  • Common Member means a Member holding Common Units.

  • Percentage Interests shall have the meaning specified in the Trust Agreement.

  • Preferred Member means a Member holding Preferred Units.

  • Household members means those persons who reside in the same home, who have reciprocal duties to and do provide financial support for one another. This term shall include xxxxxx children and legal wards even if they do not live in the household. The term does not include persons sharing the same general house, when the living style is primarily that of a dormitory or commune;

  • Associate Members means the individuals or firms which have agreed to Joint Venture in connection with the Project;

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

  • Percentage Interest means, with respect to each Note Holder, a fraction, expressed as a percentage, the numerator of which is the Note Principal Balance of the Note held by such Note Holder and the denominator of which is the sum of the Note Principal Balances of all of the Notes.

  • Public member means an individual who is not, and never

  • Initial Capital Contribution has the meaning set forth in Section 4.1.

  • Class B Units means the Class B Units of the Company.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.