Event of Withdrawal of a Member definition

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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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 bankruptcy or dissolution of a Member or the occurrence of any other event that would terminate the continued membership of a Member in the Company.
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Examples of Event of Withdrawal of a Member in a sentence

  • 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.

  • 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.

  • 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.

  • 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.

  • Devices subjected to destructive tests or which fail any test shall not be shipped.

  • 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.

  • Upon an Event of Withdrawal of a Member, all property of the Company shall for accounting purposes be deemed sold immediately prior to such withdrawal at the Fair Market Value of such property.

  • Except as otherwise provided in this Section 8.1, an Event of Withdrawal of a Member shall not cause the Firm to dissolve and the Firm automatically shall continue following such an Event of Withdrawal.

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).

  • 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.

  • EU withdrawal agreement means the withdrawal agreement within the meaning of the European Union (Withdrawal Agreement) Act 2020 (see section 39(1) and (6) of that Act).”,

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

  • 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.

  • 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.

  • 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.