ESM Member definition

ESM Member means each euro area Member State which is a contracting party to the ESM Treaty.
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ESM Member means a state that is a member of the ESM; “Principal Act” means the European Stability MechanismAct 2012;
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Examples of ESM Member in a sentence

  • Each ESM Member shall promptly take the action necessary for the purposes of giving effect to this Article in the terms of its own law and shall inform the ESM accordingly.

  • The Board of Governors shall approve the application for accession of the new ESM Member and the detailed technical terms related thereto, as well as the adaptations to be made to this Treaty as a direct consequence of the accession.

  • Each ESM Member shall appoint a Governor and an alternate Governor.

  • The Managing Director shall be appointed by the Board of Governors from among candidates having the nationality of an ESM Member, relevant international experience and a high level of competence in economic and financial matters.

  • Each ESM Member shall designate its Governor and alternate Governor within the two weeks of the entry into force of this Treaty.

  • The Governor shall be a member of the government of that ESM Member who has responsibility for finance.

  • Upon a Member State of the European Union becoming a new ESM Member, the authorised capital stock of the ESM shall be automatically increased by multiplying the respective amounts then prevailing by the ratio, within the adjusted contribution key provided for in Article 11, between the weighting of the new ESM Member and the weighting of the existing ESM Members.

  • The Board of Governors may decide to grant financial assistance in the form of a loan to an ESM Member, in accordance with Article 12.

  • If an ESM Member fails to meet the required payment under a capital call made pursuant to Article 9(2) or (3), a revised increased capital call shall be made to all ESM Members with a view to ensuring that the ESM receives the total amount of paid-in capital needed.

  • The Board of Governors shall decide an appropriate course of action for ensuring that the ESM Member concerned settles its debt to the ESM within a reasonable period of time.

Related to ESM Member

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

  • 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

  • ☐ - 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).

  • Founding Member means any individual who is either:

  • New member means a person first employed on or after Septem- ber 1, 2005, including a former member who withdrew retirement contributions under Government Code 822.003 and is reemployed on or after September 1, 2005.

  • Associate Member means a person appointed to perform specific statutory and non-statutory duties which have been delegated by the Trust Board for them to perform and these duties have been recorded in an appropriate Trust Board minute or other suitable record.

  • Executive Member means any elected member of the authority appointed to the executive of that authority;

  • Staff member means a staff member as defined in section 1(1) of the Public Service Act, 1995 (Act No. 13 of 1995);

  • Service member means a member of the armed forces, a reserve branch of the armed forces, or the Michigan national guard.

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

  • Initial Member has the meaning set forth in the introductory paragraph.

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

  • crew member means a person assigned by an operator to duty on an aircraft during a flight duty period;

  • Participating member means a member who is required to make mandatory contributions by the applicable retirement act to his or her health reimbursement account.

  • Full Member means any person who is in one of the categories of membership referred to in Rule 10.3.

  • Active member means a member of the pension program or the individual account program

  • Unit Member means any certificated employee of the district who is included in the appropriate unit as defined in Article 2 and therefore covered by the terms and provisions of this Agreement.

  • Life Member means an Individual appointed as a Life Member of the Club under clause 5.2.

  • 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.

  • Limited Partner means, prior to the admission of the first Additional Limited Partner to the Partnership, the Initial Limited Partner, and thereafter any Person named as a Limited Partner in Exhibit A, as such Exhibit may be amended from time to time, upon the execution and delivery by such Person of an additional limited partner signature page, or any Substituted Limited Partner or Additional Limited Partner, in such Person’s capacity as a Limited Partner of the Partnership.

  • 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;

  • Other Member means a Voting Member who is not an Eligible Account Holder or a Supplemental Eligible Account Holder.

  • Employee Member means a member of the “Bargaining Unit”.

  • 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.

  • A Member means a companion, fellow, member, honorary member, associate or affiliate of the Society