Designated member definition

Designated member means the spouse, child, grandchild, parent, brother, or sister of a deceased individual who owned an interest in a wholesaler, who is entitled to inherit the deceased individual's ownership interest in the wholesaler under the terms of the deceased individual's will, or who has otherwise been designated in writing by the deceased individual to succeed the deceased individual in the wholesaler's business, or is entitled to inherit such ownership interest under the laws of intestate succession of this state. With respect to an incapacitated individual owning an ownership interest in a wholesaler, the term means the person appointed by a court as the conservator of such individual's property. The term also includes the appointed and qualified personal representative and the testamentary trustee of a deceased individual owning an ownership interest in a wholesaler.

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Designated member means a deceased wholesaler’s spouse, child, grandchild, parent, brother, or sister, who is entitled to inherit the deceased wholesaler’s ownership interest under the terms of the deceased wholesaler’s will, other testamentary device, or the laws of intestate succession. With respect to an incapacitated individual having an ownership interest in a wholesaler, “designated member” also means a person appointed by the court as the conservator of the individual’s property. “Designated member” also includes the appointed and qualified personal representative and the testamentary trustee of a deceased wholesaler.

Designated member means the Chairperson or a whole-time member of the Authority designated for the purpose;

Examples of Designated member in a sentence

• Thereafter, the adjusted Fair Market Rent of the Property will be determined by three (3) arbitrators, each of whom shall be a member of one of the Society of Industrial and Office Realtors, the Seattle Chapter of the Appraisal Institute (as an MAI Designated member), the American Society of Real Estate Counselors or the Washington- British Columbia Chapter of the American Institute of Real Estate Appraisers.

• Designated member governments and their number of representatives shall include the following: one representative from each member community that exceeds a population of 50,000 (Des Moines shall receive two representatives), one representative from Polk County, and two representatives each from three subareas (Northwest area, Southwest area, and East area) that represent communities under 50,000 in population.

• Notwithstanding anything to the contrary set forth herein, the total buyer Indemnifiable Damages for which the Sellers and any Designated member shall be collectively liable hereunder shall not exceed the Purchase Price.

More Definitions of Designated member

Designated member means a Member who was been granted a designation by the Association and is a Member pursuant to section 9.01(a), 9.01(b) or 9.01(c);

Designated member also includes the appointed and qualified personal representative and the testamentary trustee of a deceased wholesaler.

Designated member means each of ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ and ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, as the original Designated Members pursuant to Section 3.1(b), and any successor or additional Designated Members designated as such pursuant to Section 3.1(b). At any time there is only a single Designated Member, plural references herein to “Designated Members” shall refer to such single Designated Member.

Designated member means the Chairman or a Whole Time Member of the Board designated for the purpose;

Designated member means a Saturn Member: (i) who, as a participant in a material acquisition, outsourcing project or other material event or transaction, has signed a Confidentiality or Non- Disclosure Agreement containing trading restrictions; or (ii) who has otherwise been identified as a Designated Member by the Company.

Designated member means a Member in respect of whom the Directors have given a notice in accordance with Rule 4.6(b);

Designated member means a Member that has been designated by the Property Owner when title to the Property is held in multiple ownership in accordance with Article III, Section 12. The Designated Member must have a significant ownership in the entity holding title to the property or be significantly engaged in the business activity of such entity as an officer or employee. Such designation of Member shall be made annually in accordance with Article V, Section 1.