Granting Member definition

Granting Member has the meaning set forth in Section 9.11(a).
Sample 1
Granting Member means a Member granting a RF License to Essential IPR to other Members.
Sample 1
Granting Member means a Member who leases his residential lot at Flint Ridge.
Sample 1

Examples of Granting Member in a sentence

  • Such proxies and powers are irrevocable and binding upon each of the Proxy Granting Members and the successors, assigns, representatives and executors thereof (each of whom is an Original Member) until the termination of this Agreement and shall revoke any and all prior proxies granted by such Proxy Granting Member with respect to the outstanding shares of Class A Common Stock and/or Class B Common Stock, as applicable, held by such Proxy Granting Member.

  • Each Granting Member hereby assigns all of his right, title, and interest in and to any dividends or distributions to PFMS (other than distributions to pay income taxes on income of PFMG VII allocated to the Granting Member) (the “Assigned Dividends and Distributions”); provided, however, that this assignment shall not be construed to permit the Assigned Dividends and Distributions that are expressly prohibited by the PFMS Operating Agreement without Investor’s prior written approval.

  • If PFMS exercises the Option, PFMS shall pay an amount in cash on or before the Closing Date to each Granting Member equal to the amount distributable to each Member under Section 5.5 of the PFMS Operating Agreement for the calendar year in which PFMS exercises the Option (for each Member, the “Unpaid Tax Liability Amount”).

  • Each Granting Member hereby assigns to PFMS all of such Member’s right, title, and interest in and to any dividends or distributions from PFMG (other than distributions to pay income taxes on income of PFMG allocated to the Member) (the “Assigned Dividends and Distributions”); provided, however, that this assignment shall not be construed to permit the Assigned Dividends and Distributions that are expressly prohibited by the Operating Agreement without the Investors’ prior written approval.

  • If PFMS exercises the Option, PFMS shall pay an amount in cash on or before the Closing Date to each Granting Member equal to the amount distributable to each Member under Section 5.5 of the Operating Agreement for the calendar year in which PFMS exercises the Option (for each Member, the “Unpaid Tax Liability Amount”).

  • This Agreement shall automatically terminate (i) at 5 p.m. (Pacific time) on September 28, 2010 if the Call Option has not been exercised prior thereto, or (ii) immediately following the completion of the purchase of the Call Option Units (including payment of the Call Option Amount to each Granting Member) if the Call Option has been exercised.

  • Each Granting Member hereby assigns to PFMS all of such Member’s right, title, and interest in and to any dividends or distributions from PFMS III (other than distributions to pay income taxes on income of PFMS III allocated to the Member) (the “Assigned Dividends and Distributions”); provided, however, that this assignment shall not be construed to permit the Assigned Dividends and Distributions that are expressly prohibited by the Operating Agreement without the Investors’ prior written approval.

  • No change in or modification of this Agreement shall be valid unless the same shall be in writing and signed by the Company, each Granting Member and PEI.

  • Each Granting Member hereby assigns all of his right, title, and interest in and to any dividends or distributions to PFMS (other than distributions to pay income taxes on income of PFMG VI allocated to the Granting Member) (the “Assigned Dividends and Distributions”); provided, however, that this assignment shall not be construed to permit the Assigned Dividends and Distributions that are expressly prohibited by the PFMS Operating Agreement without Investor’s prior written approval.

  • This Agreement may not be amended, modified, altered or supplemented except by means of a written instrument executed on behalf of each of the Corporation each of the Original Members; provided that the Corporation may update Schedule A and Schedule B to this Agreement following the admission of additional Original Members and/or Proxy Granting Member pursuant to Section 9 without the consent of the other parties hereto.


More Definitions of Granting Member

Granting Member means a Member granting a license to Essential IPR.
Sample 1

Related to Granting Member

  • Managing Member means CEF Equipment Holding, L.L.C., a Delaware limited liability company or any successor Managing Member under the Issuer Limited Liability Company Agreement.

  • Non-Managing Member means any Member other than the Managing Member (except to the extent the Managing Member holds Non-Managing Member Units).

  • Panel Member ’ means a member of a panel;

  • Tribal Member means an enrolled member of the Tribe.

  • Special Member means, upon such person's admission to the Company as a member of the Company pursuant to Section 5(c), a person acting as Independent Director, in such person's capacity as a member of the Company. A Special Member shall only have the rights and duties expressly set forth in this Agreement.

  • Initial Member has the meaning set forth in the introductory paragraph.

  • Initiating Member shall have the meaning provided in Section 15.2(a).

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

  • Participating member means an eligible employee who elects to participate in the defined contribution retirement plan established under this chapter.

  • Founding Member means any individual who is either:

  • Service member means a member of the armed forces, a reserve branch of the armed forces, or the Michigan national guard.

  • Individual Member means a registered, financial Member of the Club who is at least 18 years of age.

  • ☐ - MULTI-MEMBER The “Capital Account” for each Member shall mean the account created and maintained for the Member in accordance with Section 704(b) of the Internal Revenue Code and Treasury Regulation Section 1.704-1(b)(2)(iv).

  • 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;

  • Financial Member means a person who has paid the required membership fee and is listed on the Register of Members.

  • Council Member means a member of the Council;

  • 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;

  • Limited Partner means, prior to the admission of the first Additional Limited Partner to the Partnership, the Initial Limited Partner, and thereafter any Person named as a Limited Partner in Exhibit A, as such Exhibit may be amended from time to time, upon the execution and delivery by such Person of an additional limited partner signature page, or any Substituted Limited Partner or Additional Limited Partner, in such Person’s capacity as a Limited Partner of the Partnership.

  • General Partner Loan shall have the meaning set forth in Section 4.3.B.

  • Executive Member means any elected member of the authority appointed to the executive of that authority;

  • General Partner has the meaning set forth in the Preamble.

  • Structural member means any load-supporting member of a facility, such as beams and load-supporting walls, or any nonload-supporting member, such as ceilings and nonload-supporting walls.

  • Disposing Member is defined in Section 4.1.

  • Teaching staff member means an employee who holds a position for which a certificate issued by the New Jersey State Board of Examiners is required.

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

  • Bank Member means Standard Chartered PLC or any of its Affiliates and "Group" means all Bank Members.