Excluded Member means any person or entity who falls within the Settlement Class definition but who elects to be excluded from the Settlement Class and submits a valid Request for Exclusion.
Excluded Member means any Member that is an Affiliate of the Majority Member.
Excluded Member means a Member who, at the time the Company proposes to sell or issue any Equity Securities, either (a) is not an “accredited investor” (as such term is defined under the Securities Act), or (b) has materially breached any noncompetition, nonsolicitation or confidentiality provision to which such Member is bound pursuant to any Equity Agreement or this Agreement.
Examples of Excluded Member in a sentence
Not fewer than thirty (30) Business Days prior to the consummation of the Issuance, a written notice (the “Participation Notice”) will be given by the Company pursuant to Section 20.3 to each Member that holds Class A Units and is not an Excluded Member.
More Definitions of Excluded Member
Excluded Member means a Member who is not an “accredited investor,” as such term is defined under the Securities Act.
Excluded Member means a Member that caused a Dissolution Event. ---------------
Excluded Member means a Member participating in either the Defined Benefit Option or the Defined Contribution Option who is not included in any bargaining unit that is represented by any Stakeholder, as defined in the Amended and Restated Trust Agreement, that is a bargaining agent for Employees, and for greater certainty, an Excluded Member includes an Employee of Aurora or the University of Winnipeg Community Renewal Corporation who is participating in either the Defined Benefit Option or the Defined Contribution Option and otherwise meets the definition for Excluded Member.
Excluded Member means a member whose pensionable remuneration in the first year of his employment during which he is a member does not exceed one quarter of the permitted maximum for the purposes of section 590C of the Income and Corporation Taxes Act 1988(a) (earnings cap) for the year of assessment in which that first year ends);
Excluded Member means with respect to voluntary cover only, a member who is ineligible for voluntary cover because he or she does not work in an occupation for which cover is available under this Policy.
Excluded Member each of Sims Bird Limited and Xxxx Xxxx Pty Limited at any time when the Bank holds security over the respective company’s Assets;
Excluded Member has the meaning given to such term in Section 5.18(g)(iii).