Direct Members definition

Direct Members means the Direct Members as defined in Article 5(16) who shall not be required to be members of the Company.
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Direct Members means the various categories of members (including for the avoidance of doubt, Honorary Life Vice Presidents) referred to in these Bye Laws.
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Direct Members shall have the meaning set forth in the preamble.
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Examples of Direct Members in a sentence

  • The Direct Members hereby direct that the Purchase Price shall be paid to the Indirect Members and certain other Persons in accordance with the terms of this Agreement.

  • If such Member is an Indirect Member, as of the Agreement Date, such Indirect Member is the beneficial and record owner of, has good and valid title to all of the equity interests of the Direct Members or Direct Members set forth opposite such Indirect Member’s name on Schedule 1.1(a), in each case free and clear of all Liens, other than restrictions on Transfer set forth in the Organizational Documents of such Direct Member.

  • Subject to the terms and conditions set forth herein, at the Closing, and in reliance on the representations, warranties, covenants and agreements made herein, the Direct Members shall sell to Buyer, and Buyer shall purchase from the Direct Members, the number and class of Purchased Units set forth on Schedule 1.1(c), free and clear of all Liens, for the consideration specified in Section 1.3.

  • All payments payable to any Indirect Member in accordance with the terms of this Agreement will be made in accordance with the terms of the Organizational Documents of the Direct Members as of the Closing Date.

  • Upon the full and final resolution of any Continuing Claims, all remaining funds in the Escrow Fund shall be distributed to the Indirect Members, on behalf of the Direct Members, in accordance with the procedures set forth in this Section 9.7(a).

  • All payments payable to any Direct Member in accordance with the terms of this Agreement will be made in accordance with the terms of the Organizational Documents of the Company as of the Closing Date, provided that Buyer and the Direct Members hereby agree that the Purchase Price shall not be reduced by any Participation Threshold (as defined in the Operating Agreement) amount.


More Definitions of Direct Members

Direct Members means the Direct Members as defined in Article 5(16) who shall not
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Direct Members means direct members to the State / Defence Branch / Head Office.
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Direct Members means direct members to the Head Office.
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Direct Members means the Direct Members as defined in Article 5(14).
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Direct Members has the meaning set forth in the introductory paragraph of this Agreement.
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Related to Direct Members

  • Subject Member has the meaning set forth in Section 4.1(d).

  • Unit Member refers to any employee who is included in the bargaining unit as defined in Article II.

  • Management Members shall have the meaning set forth in the introductory paragraph of this Agreement.

  • Student Member means the member of ICCB who has been selected by ICCB's Student Advisory Committee. The student member has all the privileges of membership defined in Section 2-3 of the Act.

  • ☐ - MULTI-MEMBER The “Capital Account” for each Member shall mean the account created and maintained for the Member in accordance with Section 704(b) of the Internal Revenue Code and Treasury Regulation Section 1.704-1(b)(2)(iv).

  • Agent Members has the meaning provided in Section 2.07(a).

  • Panel Member ’ means a member of a panel;

  • Principal Member means the person who signs the application and is responsible for the payment of premiums.

  • host Member State means the Member State other than the home Member State in which a payment service provider has an agent or a branch or provides payment services;

  • Individual Member means a registered, financial Member of the Club who is at least 18 years of age.

  • Team Members means the members of the Team, jointly and severally;

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

  • Partner means any General Partner or Limited Partner.

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

  • Bankrupt Member means a Member who: (i) has become the subject of a decree or order for relief under any bankruptcy, insolvency or similar law affecting creditors' rights now existing or hereafter in effect; or (ii) has initiated, either in an original proceeding or by way of answer in any state insolvency or receivership proceeding, an action for liquidation, arrangement, composition, readjustment, dissolution, or similar relief.

  • 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;

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

  • Independent Member of the board means a member of the board who has no business, family or other relationship that raises a conflict of interests regarding the CCP concerned or its controlling shareholders, its management or its clearing members, and who has had no such relationship during the five years preceding his membership of the board;

  • Faculty Member means any person hired by the college or District to conduct classroom or teaching activities or who is otherwise considered by the college to be a member of faculty.

  • Management Member means any Member that is an employee of the Company or any of its Subsidiaries.

  • Bargaining Unit Member or “employee” means a University employee who is included in the bargaining unit as defined in Article 2: “Recognition and Scope”.

  • Founder Member means a subscriber to these rules for the purposes of registration;

  • Team Member means an individual who is allowed to access the Cloud Service but is only granted membership in groups associated with “Team Member” permissions for the Cloud Service.2

  • Intimate partner means: (a) Spouses, or domestic partners; (b) former spouses, or former domestic partners; (c) persons who have a child in common regardless of whether they have been married or have lived together at any time; (d) adult persons presently or previously residing together who have or have had a dating relationship; (e) persons sixteen years of age or older who are presently residing together or who have resided together in the past and who have or have had a dating relationship; and (f) persons sixteen years of age or older with whom a person sixteen years of age or older has or has had a dating relationship.

  • General Member means a member subject to the provisions of

  • Lead Member shall, in the case of a joint venture, mean the member of such joint venture who shall have the authority to bind the contractor and each member of the Joint venture; and shall be deemed to be the Contractor for the purposes of this Agreement; the Lead Member shall itself undertake and perform at least 51% (fifty one per cent) of the total length of the Project Highway;