Continuing Members means, as of any date of determination, any member of the board of directors of the Corporation who (a) was a member of such board of directors immediately after consummation of the acquisition of the Corporation by the Principals and their Related Parties in August 1998 or (b) was nominated for election or elected to such board of directors with the approval of, or whose election to the board of directors was ratified by, at least a majority of the Continuing Members who were members of such board of directors at the time of such nomination or election or any successor Continuing Members appointed by such Continuing Members (or their successors).

Continuing Members is defined in the preamble to this LLC Agreement.

Examples of Continuing Members in a sentence

A total number of Salary Points (SP) equal to the number of Probationary, Term and Continuing Members (converted to Full-Time equivalents) multiplied by 1.70 shall be distributed in each of the academic years 2011-12, 2012-13, 2013-14, and 2014-15.
A total number of Salary Points (SP) equal to the number of Probationary, Term and Continuing Members (converted to Full-Time equivalents) multiplied by 1.70 shall be distributed in each of the academic years 2019-20, 2020-21, 2021-22 and 2022-23.
A total number of Salary Points (SP) equal to the number of Probationary, Term and Continuing Members (converted to Full-Time equivalents) multiplied by 1.70 shall be distributed in each of 2009-10 and 2010-11.
Term and Continuing Members for the Academic Years 2019-2020 through 2022-2023.
A total number of Salary Points (SP) equal to the number of Probationary, Term and Continuing Members (converted to Full-Time equivalents) multiplied by 2.40 shall be distributed in each of 2007-08 and 2008-09.

More Definitions of Continuing Members

Continuing Members means a member of the Board who either (a) was a member of the Board on the day before the Closing or (b) became a member of the Board after the day before the Closing and whose election or nomination for election was approved by a vote of the majority of the Continuing Members then members of the Board.

Continuing Members means any member of the governing body of the Company (i) who was a member of such governing body on the Effective Date or (ii) whose nomination for election or election to such governing body was approved by a majority of the members who were either members of such governing body on the Effective Date or whose nomination or election was previously so approved.

Continuing Members means, as of any date of determination, any member of the board of directors of the Corporation who:

Continuing Members has the meaning set forth in the preamble to this Agreement.

Continuing Members means, as of any date of determination, any member of the Governing Body of a Borrower who (i) was a member of such Governing Body on the Closing Date or (ii) was nominated for election or elected to such Governing Body with the affirmative vote of a majority of the members who were either members of such Governing Body on the Closing Date or whose nomination or election was previously so approved.

Continuing Members means the members of RSL Queensland as at the date of adoption of this Constitution;

Continuing Members with respect to the board of directors or other governing body of a Person on any date of determination, the persons who were members of such board of directors or other governing body on the Closing Date, together with each person who, on the date of determination, is a member of such board of directors or other governing body whose nomination for election to such board of directors or other governing body was recommended by a majority of the persons who were Continuing Members of such board of directors or other governing body at the time of such nomination.