Fund Member definition

Fund Member means a member of a Fund. ‘Fund Membership’ has a corresponding meaning.
Fund Member means a CIF, which participates in the Fund.
Fund Member means a person who is for the time being a member of the Fund.

Examples of Fund Member in a sentence

  • If Fund Member terminates the CCS before the renewal date, but with fewer than 30 days’ advance written notice, Fund Member agrees to pay the Fund a late notice fee in the amount of 25% of the annual contribution for the expiring participation term.

  • Fund Member hereby authorizes the Fund or its designee to act in all matters pertaining to handling of claims for which Fund Member has coverage pursuant to this Agreement.

  • If a change is made to the Fund’s Bylaws, written policies or procedures which conflicts with or impairs a CCS, such change will not apply to Fund Member until the renewal of such CCS, unless Fund Member specifically agrees otherwise.

  • Fund Member represents and warrants that all payments required under this Agreement of Fund Member shall be made from its available current revenues.

  • If any reinsurer, stop loss carrier, and/or excess coverage provider fails to meet its obligations to the Fund or any Fund Member, the Fund is not responsible for any payment or any obligations to Fund Member from any reinsurer, stop loss carrier, or excess coverage provider.


More Definitions of Fund Member

Fund Member means a person who is admitted to membership of the Fund in accordance with the Trust Deed and has not ceased to be a member of the Fund in accordance with the Trust Deed;
Fund Member has the meaning set forth in the Recitals.
Fund Member means a CIF or IF which participates in the Fund
Fund Member means a Participant who makes use of the Service or Function in respect of which a Fund is established and that is required to contribute to such Fund.
Fund Member or «member» means a person:
Fund Member means a CIF or an IF which participates in ICF;
Fund Member means a domestic bank or credit union which is a member of the Fund under section 12;