Governing Member definition

Governing Member means a member of the Company appointed in accordance with clause 5.2(a);
Governing Member means any governing member for the Charter School identified in the Charter School application, as updated from time to time in accordance with clause 11.3.
Governing Member as set forth on Schedule 1 and, referred to collectively, the “Members”) for the purpose of continuing Hedera Hashgraph, LLC (the “Council”), a limited liability company organized under the Delaware Limited liability company Act, 6 Del. C. § 18-101, et seq., as amended (the “Act”).

Examples of Governing Member in a sentence

  • The Original Member shall have the same rights and responsibilities as every Governing Member of the Council, except as otherwise provided in this Agreement.

  • Each Member shall have one (1) vote for every Governing Member vacancy (or upcoming vacancy) and may not vote more than once for any particular Nominee.

  • At the end of a Governing Member’s first Term within any consecutive six-year period, such Governing Member shall automatically be nominated for a subsequent three-year Term (a “Renewal Term”).

  • Any Governing Member can be removed from the Council in the event that at least two-thirds of the Members approve the removal of such Member.

  • Each additional Member shall become a signatory hereto by signing the Governing Member Joinder Agreement and such other instruments as the Board may determine.

  • No Governing Member shall serve for more than two Terms consecutively.

  • Each Governing Member may be re-elected for a second consecutive Term upon the approval of at least two-thirds of the Members obtained according to the procedure outlined in Section 4.3(d).

  • For the avoidance of doubt, a Governing Member that has served two consecutive Terms shall be eligible for reelection to the Council on the three-year anniversary of the expiration of its second Term.

  • For each Governing Member vacancy, the Nominee receiving the most votes shall be admitted to the Council; provided, however, that to be admitted a Nominee must receive the votes of at least one-third of the Members.

  • Except as otherwise specifically provided herein, no Governing Member, Council Representative, or Committee Delegate shall have any right to act for the Council or to bind the Council under agreements or arrangements with third parties.


More Definitions of Governing Member

Governing Member means a Member appointed as a Governing Member in accordance with rule 6. 10987398_12
Governing Member means any director or member occupying a position equivalent to that of a director, a trustee and/or partner.
Governing Member means any person serving on the Exchange's Board of Governors.
Governing Member means the owner of a Percentage Governing Interest.

Related to Governing Member

  • Voting Member means a Member holding one or more Voting Shares.

  • Presiding Member means the presiding member of a committee or the deputy presiding member, or a member of the committee when performing a function of the presiding member in accordance with the Act;

  • Non-Voting Member means a member of a Committee or Sub- Committee of the Council who is not a member of the Council and is not entitled to vote on any matter coming before that Committee or Sub- Committee;

  • Principal Member means the person who signs the application and is responsible for the payment of premiums.

  • General Partner means the Company or its successors as general partner of the Partnership.