Equity Membership definition

Equity Membership means the membership of, and the associated shares of
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Equity Membership means a membership in the Club entitling the member to vote on matters submitted for the vote of the members.
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Equity Membership means a Membership in the Club that has voting rights.
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Examples of Equity Membership in a sentence

  • Subject to the express terms and conditions of this SUBSCRIPTION AGREEMENT, the SHAREHOLDER hereby irrevocably subscribes for and agrees to purchase the Equity Membership Units (hereinafter referred to as the “Common Shares) of the Company (the "Purchase") in the amount of the purchase price (the "Purchase Price") set forth on the signature page to this SUBSCRIPTION AGREEMENT.

  • An Equity Membership Candidate (EMC) is a non- professional who is interested in obtaining training for the Theatre and who intends to make a career in the professional Theatre and is properly registered with Equity.

  • A vacancy in the Series A Director (if applicable) shall be filled only by the affirmative vote or written consent of the Series A Members holding a majority of the outstanding Series A Preferred Equity Membership Units.

  • At any time thereafter when additional funds of the Company are legally available for the redemption of the Series A Preferred Equity Membership Units, such funds shall be used, at the end of the fiscal quarter next ended, to redeem the balance of such Series A Preferred Equity Membership Units, or such portion thereof for which funds are available, ratably on the basis set forth above.

  • Once all outstanding Series A Preferred Equity Membership Units held by a Series A Member are redeemed in full pursuant to Section 4(a) above or Section 4(c) below, as the case may be, all rights of such Series A Member shall cease and terminate and such Series A Member shall cease to be a member of the Company.

  • The Company shall obtain a private letter rating from at least two of M▇▇▇▇’▇, S&P and Fitch in respect of the Series A Preferred Equity Membership Units as of the date of this Agreement and shall have such rating updated by at least two of such rating agencies at least annually thereafter.

  • The Manager with approval of a Majority in Interest of the Membership Units, may then offer to sell additional Equity Membership Units at a price that in its reasonable determination reflects the fair market value of the Membership Units at the time of such issuance, given the Company’s circumstances.

  • The Company’s equity interests shall consist of two classes, designated respectively as “Common Equity Interests” and “Series A Preferred Equity Membership Units” and shall be uncertificated.

  • The Series A Director shall be elected by the affirmative vote or written consent of the Series A Members holding a majority of the outstanding Series A Preferred Equity Membership Units.

  • Except as provided in Section 5(b) below, the Series A Members shall have no voting rights in respect of the Series A Preferred Equity Membership Units.


More Definitions of Equity Membership

Equity Membership means any equity membership in the Club held by either an Equity Member or an Equity Assigned Member meeting the following criteria:
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Equity Membership means a Membership with voting rights. “Family Members” means the unmarried children of the Members
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Related to Equity Membership

  • Equity Member means (a) each entity with a direct interest in the Proposer (whether as a member, partner, joint venture member, or otherwise), (b) each entity proposed to have a direct interest in Developer (whether as a member, partner, joint venture member, or otherwise), and (c) each entity that will have an indirect interest in the Proposer or Developer through one or more intermediaries. Notwithstanding the foregoing, if the Proposer is a publicly traded company, shareholders with less than a 10% interest in the Proposer shall not be considered Equity Members.

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

  • Majority Members means Members holding a majority of the Units owned by all Members or if there is only one Member, such Member.

  • Consortium Members means any or all of the members of Consortium and in the event of reconstitution of the Consortium; it shall include members of such reconstituted Consortium.]

  • Membership means the definition of that term under section 6 as in effect for the particular fiscal year for which a particular calculation is made.