Deceased Member definition

Deceased Member means any Member or Withdrawn Member who has died or who suffers from Incompetence. For purposes hereof, references to a Deceased Member shall refer collectively to the Deceased Member and the estate and heirs or legal representative of such Deceased Member, as the case may be, that have received such Deceased Member’s interest in the Company.
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Deceased Member means a Member who is deceased.
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Deceased Member means a person who on the date of death was an active member of a covered retirement plan and who has reached the minimum age, if any, that is required by the covered retirement plan as part of qualifying for a survivor annuity or survivor benefit.
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Examples of Deceased Member in a sentence

  • The option must be exercised within one (1) year of the death of the Deceased Member.

  • The Affected Member or the legal representative of an Affected Member or Deceased Member or Deceased Spouse, as one party, and the Company, as another party, shall attempt to agree upon the fair market value of the Units.

  • If the Remaining Members have elected to purchase the Interest of the Bankrupt or Deceased Member, the purchase price of such Interest shall be the percentage of the Bankrupt or Deceased Member’s Interest in the Company purchased by the Remaining Members times the agreed value thereof.

  • The average of the three such appraisals shall become the “Agreed Value” of the Bankrupt or Deceased Member’s Interest in the Company, taking into account all debts and liabilities of the Company and the Capital Accounts of the Bankrupt or Deceased Member and the Remaining Members.

  • During the pendency of such options following the Deceased Member’s death, the remaining Member(s) may continue the business of the Company, but the estate or Personal Representative of the Deceased Member shall not be liable for any obligations incurred by the Company beyond the amount includable in the Deceased Member’s estate already invested or involved in the Company on the date of the Deceased Member’s death.


More Definitions of Deceased Member

Deceased Member. ’ means, subject to subsection (17), a deceased member of the old scheme who was a member of the staff of the company or a subsidiary of the company;
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Deceased Member means a person who on the date of death was an active member of
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Deceased Member means a person who has died during 2019 but who until the time of his death was a Qualifying Member;
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Deceased Member means a member or former member of Chapter 2 referred to in Article 54 (Power to Grant Survivors’ and Children’s Pensions (Chapter 2));
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Deceased Member means a member or former member of Chapter 1, referred to in Article 42;
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Deceased Member means a person who has died during 2020 but who until the time
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Deceased Member means a person:
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