Designating Members definition

Designating Members means collectively the JPM Member, the SSP Member and the Other Members (as defined in Section 6.1(b)(iv)); provided, however, that if (i) the JPM Member, (ii) the SSP Member or (iii) an Other Member shall cease to own at least 50%, respectively, of the Class A Units held by such Member(s) as of the Effective Date, then such Member(s) shall no longer be a Designating Member for purposes of this Agreement; provided, further, that none of the Other Members shall remain a Designating Member for purposes of this Agreement unless (a) at least one of the Other Members, individually, holds in aggregate at least 5% of the Class A Units issued and outstanding or (b) the Other Members, collectively, hold in aggregate at least 10% of the Class A Units issued and outstanding;
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Designating Members means the Initial Designating Members and any Subsequent Designating Members, in each case until a Designation Loss Event with respect to such Member.
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Designating Members means any Member(s) or class of Members entitled to designate a Director pursuant to the provisions of subparagraphs (2) or (3) of Bye-law 12 and, with respect to the CEO Director, means the Chief Executive Officer of the Company;
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Examples of Designating Members in a sentence

  • The Company shall not propose any amendment to the PAGP Partnership Agreement that, directly or indirectly, would accomplish the effect of the matters prohibited by the provisions of Section 12.2(a)(iii) without the consent of the affected Designating Member or Designating Members, as applicable.

  • Accordingly, if a Member becomes a Subsequent Designating Member at a time when there are already three Directors designated by other Designating Members, such Subsequent Designating Member’s right to designate a Director shall be deferred until the next Designation Loss Event, whereupon the replacement Director shall be determined as provided in Section 6.1(a)(iv) below.

  • Designating Members, Developing A Preferred Option and Establishing a Timeline: No later than December of each work year each bargaining team shall: meet and designate their members to serve on the Calendar Committee; develop preferred options to be incorporated in the school calendar; and establish a timeline for the Calendar Committee to complete its work.

  • A Designating Member who removes its Representative shall promptly notify the other Designating Members of the removal and the name of its replacement Representative.

  • Prevention efforts require engagement from the community-at-large, especially individuals who indirectly and directly impact substance use and abuse for youth.Providing services that also engage and outreach to young adults and adults, where appropriate, is highly encouraged.

  • The Member Representative may, on behalf of all the Designating Members agree to (i) any waiver of an act or omission that brought rise to the claim or (ii) any amendment or waiver of any provision of this Agreement with respect to the claim.

  • Except for the rights provided to the Designating Members in Section 6.1(a) and as provided in Article 7, Section 12.2(a)(vi) and Section 12.3 none of the provisions contained in this Agreement shall be for the benefit of or enforceable by any third parties, including creditors of the Company.

  • The Company shall not propose any amendment to the AMGP Partnership Agreement that, directly or indirectly, would accomplish the effect of the matters prohibited by the provisions of Section 12.2(a)(iii) without the consent of the affected Designating Member or Designating Members, as applicable.

  • Except for the rights provided to the Initial Designating Members in Section 6.1(a), the rights provided to the Series A Preferred Unitholders in Sections 6.1(c), (d) and (e), and as provided in Article 7, none of the provisions contained in this Agreement shall be for the benefit of or enforceable by any third parties, including creditors of the Company.

  • Except for the rights provided to the Initial Designating Members in Section 6.1(a) and as provided in Article 7, none of the provisions contained in this Agreement shall be for the benefit of or enforceable by any third parties, including creditors of the Company.


More Definitions of Designating Members

Designating Members means each of Xxxx X. Xxxx (and his Permitted Transferees), Xxxx X. Xxxxxx, Xx. (and his Permitted Transferees), Warburg (and its Permitted Transferees) and Yorktown (and its Permitted Transferees), in each case until a Designation Loss Event occurs with respect to such Member.
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Designating Members means collectively the JPM Member, the SSP Member and the Other Members (as defined in Section 6.1(b) (iv)); provided, however, that if (i) the JPM Member, (ii) the SSP Member or (iii) an Other Member shall cease to own at least 50%, respectively, of the Class A Units held by such Member(s) as of the Effective Date, then such Member(s) shall no longer be a Designating Member for purposes of this Agreement; provided, further, that none of the Other Members shall remain a Designating Member for purposes of this Agreement unless (a) at least one of the Other Members, individually, holds in aggregate at least 5% of the Class A Units issued and outstanding or (b) the Other Members, collectively, hold in aggregate at least 10% of the Class A Units issued and outstanding;
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Designating Members means each of Paul M. Rady (and his Permitted Transferees), Glen C. Warren, Jr. (and his Permitted Transferees), Warburg (and its Permitted Transferees) and Yorktown (and its Permitted Transferees), in each case until a Designation Loss Event occurs with respect to such Member.
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Related to Designating Members

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

  • 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.

  • Managing Member means CEF Equipment Holding, L.L.C., a Delaware limited liability company or any successor Managing Member under the Issuer Limited Liability Company Agreement.

  • Voting Member means a Member holding one or more Voting Shares.

  • Non-Voting Member means a member of a Committee or Sub- Committee of the Council who is not a member of the Council and is not entitled to vote on any matter coming before that Committee or Sub- Committee;

  • Preferred Member means a Member holding Preferred Units.

  • Founding Member means any individual who is either:

  • Members means the persons who are duly registered as the holders from time to time of shares in the register including persons who are jointly so registered.

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

  • Panel Member ’ means a member of a panel;

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

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

  • 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.

  • Committee Members means persons formally appointed by the Board to sit on or to chair specific committees.