Equity Membership definition

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

  • All outstanding shares of Equity Membership Units are of the same class and have equal rights and attributes.

  • The holders of Equity Membership Units are entitled to one vote per share on all matters submitted to a vote of Shareholders of the Company.

  • In the event of liquidation, the holders of Equity Membership Units are entitled to share ratably in all assets remaining after payment of all liabilities.

  • The Corporate Designee of an Equity Membership shall be entitled to exercise the voting and other privileges of the Equity Membership.

  • If a person desires to acquire an Equity Membership in a particular category of Equity Membership and an Equity Membership is not available in that category, the Club will establish a waiting list for that particular category of Equity Membership.

  • Equity Members will, at all times, have the right to upgrade to a higher category of Equity Membership, subject to the Equity Membership being available and not reserved and subject to any waiting list for the higher category of Equity Membership.

  • CATEGORIES AND NUMBER OF EQUITY MEMBERSHIPS Three (3) categories of Equity Membership are available in the Club: Golf Memberships, Sports Memberships and Social Memberships.

  • The Company is authorized by its Certificate of Formation to issue an aggregate of 10,000 shares of Equity Membership Units, $0.001 par value per share (the "Membership Unit").

  • 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.

  • If there is a vacancy on the Board, the remaining members of the Board may fill the vacancy by a two-thirds (2/3) vote of the remaining Board members until the next annual meeting of the Equity Membership or until Equity Members holding twenty percent (20%) of the votes of the Club request a meeting of the Equity Members to fill the vacancy for the balance of the term.


More Definitions of Equity Membership

Equity Membership means a Lifetime Membership, Resident Golf Membership, Non-Resident Golf Membership, Sustaining Corporate Membership, Corporate Golf Membership, Resident Membership or Associate Membership.
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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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Equity Membership means a Membership in the Club that has voting rights.
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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.

  • Community Member means any member of the public.

  • 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.

  • University Member means any individual who is:

  • Consortium Members means the members of the Consortium, formed by the Bidder for purposes of the Transaction in accordance with this RFP and shall include members who have submitted the Format for Consortium Agreement (Annexure 5) specified in the RFP.

  • 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.

  • Membership Card means a card issued by the Club to indicate membership of a Membership Scheme.

  • 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.

  • Equity Holders means the Stockholders and the Option Holders.

  • Rollover Shareholders means each of Expert Master Holdings Limited, Mr. Longhua Piao and UMW China Ventures (L) Ltd.

  • Founders means all Members immediately prior to the consummation of the IPO.

  • Management Shareholders means Xxxxxx X. Xxxxx, Xxxxxxxx X. Xxxxxx and Xxxxx X. XxXxxxx;

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

  • Membership Agreement means an agreement in the form of the Gas Supply Hub Membership Agreement in schedule 1.

  • Equity Holder means any Person that owns the Equity Interests in any Practice that is a party to any Management Agreement.

  • Class B Membership Interest means a Class B Membership Interest in Holdings.

  • Membership Interests has the meaning set forth in the recitals.

  • Membership Rights means all of the rights of a Member in the Company, including a Member’s: (a) Interest; (b) right to inspect the Company’s books and records; (c) right to participate in the management of and vote on matters coming before the Company; and (d) unless this Operating Agreement or the Certificate of Formation provide to the contrary, right to act as an agent of the Company.

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

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

  • Membership Units means the limited liability company interests in the Company held by the Members, expressed as a number of units held by each Member and set forth opposite such Member's name on Schedule I attached hereto, as amended, modified or supplemented from time to time.

  • Membership service means service rendered subsequent to the

  • Affordable Housing Units – means the Affordable Housing to be provided as part of the development in accordance with the application and/or any subsequent reserved matters approval.

  • membership dues means the dues established pursuant to the constitution of the Alliance as the dues payable by its members as a consequence of their membership in the Alliance, and shall not include any initiation fee, insurance premium, or special levy;

  • Consortium Member means a company specified in Recital (B) as a member of the Consortium;}