Event of Withdrawal of a Member definition

Event of Withdrawal of a Member means the death, retirement, resignation, expulsion, bankruptcy or dissolution of a Member, the transfer or attempted transfer by a Member of all or any portion of its interest in the Company, or the occurrence of any other event that terminates the continued membership of a Member in the Company.
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Event of Withdrawal of a Member means the death, insanity, retirement, resignation, expulsion, bankruptcy or dissolution of a Member or the occurrence of any other event that terminates the continued membership of a Member in the Company.
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Examples of Event of Withdrawal of a Member in a sentence

  • An Event of Withdrawal of a Member occurs upon [a] such Member's resignation from the Company, [b] such Member's Bankruptcy or [c] the occurrence of any other event which terminates the continued membership of such Member in the Company (including the dissolution of that Member).

  • Notwithstanding the provisions of Section 14(b) hereof, the occurrence of an Event of Withdrawal of a Member shall not dissolve the Company if within ninety (90) days after the occurrence of such event of withdrawal the business of the Company is continued by the agreement of all remaining Members.

  • Upon an Event of Withdrawal of a Member or upon the occurrence of any other event which terminates the continued membership of a Member in the Company, if within ninety (90) days after such event a Majority in Interest of the remaining Members and a vote of the Managers agree to dissolve the Company, the Company shall be dissolved.

  • This Plan may be terminated at any time with respect to the Trust or any class thereof, as the case may be, by vote of a majority of both the members of the Board of a Trust, as a whole, and the Non-Interested Members.

  • Notwithstanding the provisions of Section 13(b) hereof, the occurrence of an Event of Withdrawal of a Member shall not dissolve the Company if within ninety (90) days after the occurrence of such event of withdrawal, the business of the Company is continued by the agreement of all remaining Members.

  • An Event of Withdrawal of a Member shall not cause a dissolution of the Company, and the Company shall continue in existence subject to the terms and conditions of this Agreement.

  • If the Company is to be dissolved, terminated, and liquidated because of the occurrence of an Event of Withdrawal of a Member, the Withdrawing Member shall have no vote with respect to any Company matter, and shall not participate in any management decisions arising after the occurrence of an Event of Withdrawal.

  • Notwithstanding the provisions of Section 9.1, the occurrence of an Event of Withdrawal of a Member shall not dissolve the Company if within 90 days after the occurrence of such Event of Withdrawal of a Member the business of the Company is continued by a Majority in Interest of Members remaining after such Event of Withdrawal.

  • Notwithstanding the provisions of Section 14, the occurrence of an Event of Withdrawal of a Member shall not dissolve the Company if within 90 days after the occurrence of such Event of Withdrawal of a Member the business of the Company is continued by a Majority in Interest of the Members remaining after such Event of Withdrawal.

  • Notwithstanding the provisions of SECTION 12(b) hereof, the occurrence of an Event of Withdrawal of a Member shall not dissolve the Company if within ninety (90) days after the occurrence of such event of withdrawal, the business of the Company is continued by the agreement of all remaining Members.

Related to Event of Withdrawal of a Member

  • Event of withdrawal of a general partner means an event that causes a person to cease to be a general partner as provided in section 402.

  • Event of Withdrawal has the meaning assigned to such term in Section 11.1(a).

  • Notice of Withdrawal means a notice containing the information set out in Schedule VII;

  • Power of withdrawal means a presently exercisable general power of appointment other than a power:

  • Final Withdrawal Notice Has the meaning specified in Section 5.02 of this Trust Supplement.

  • Withdrawal Event means the earliest to occur of any event which causes a Partner to cease to be a Partner, and to become a Former Partner, as set forth in Section 1.29.

  • Suspension/Withdrawal Event means, in respect of the Benchmark:

  • Withdrawal Notice shall have the meaning given in Section 2.1.6.

  • No-Firm Transmission Withdrawal Rights means the rights to schedule energy withdrawals from a specified point on the Transmission System. Non-Firm Transmission Withdrawal Rights may be awarded only to a Merchant D.C. Transmission Facility that connects the Transmission System to another control area. Withdrawals scheduled using Non-Firm Transmission Withdrawal Rights have rights similar to those under Non-Firm Point-to-Point Transmission Service.

  • Firm Transmission Withdrawal Rights means the rights to schedule energy and capacity withdrawals from a Point of Interconnection of a Merchant Transmission Facility with the Transmission System. Firm Transmission Withdrawal Rights may be awarded only to a Merchant D.C. Transmission Facility that connects the Transmission System with another control area. Withdrawals scheduled using Firm Transmission Withdrawal Rights have rights similar to those under Firm Point-to-Point Transmission Service.

  • of a Member means the salary corresponding in any given year to a full-time appointment at the member's rank and step, as set out for that year in Schedule A.

  • Final Withdrawal Has the meaning specified in the Escrow Agreement.

  • Event of dissociation means any of the events listed in Section 8.1 upon which the Member ceases to be a Member.

  • Cash Withdrawal means a disbursement of funds in any currency from any Account out of the balance in your favour (whether or not in the form of cash) made or obtained through or in connection with any Citibank ATM/ Debit Card.

  • Transmission Withdrawal Rights means Firm Transmission Withdrawal Rights and Non- Firm Transmission Withdrawal Rights.

  • Market Withdrawal means a Person’s Removal or Correction of a distributed product which involves a minor violation that would not be subject to legal action by the FDA or which involves no violation, e.g., normal stock rotation practices, routine equipment adjustments and repairs, etc.

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

  • Event of Dissolution shall have the meaning set forth in Section 10.1.

  • Withdrawal Order is defined in Section 6.

  • Voluntary Withdrawal means a Member’s dissociation with the Company by means other than by a Transfer or an Involuntary Withdrawal.

  • Involuntary Withdrawal means, with respect to any Member, the occurrence of any of the following events:

  • Repurchase Request Withdrawal As defined in Section 2.03(a) of this Agreement.

  • Public member means an individual who is not, and never

  • Major Decision means:

  • Final Withdrawal Date Has the meaning specified in the Escrow Agreement.

  • Capital Disqualification Event has the meaning specified in Section 1.1 of the Indenture.