Inactive Members definition

Inactive Members means Deferred Pensioners and Pensioners, and “Inactive Member” shall mean any one of them;
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Inactive Members are Members who, at the time of determination, (1) have resigned from Active or Provisional Member status or have been removed from Active or Provisional Member status and (2) are still awaiting payment of distributions from their ICA. Except as otherwise expressly indicated in this Agreement, Inactive Members do not have voting rights. Inactive Members may not undertake any kind of activity on behalf of the Company and automatically cease to be Members (a) upon the Company’s full payment of any distributions due to an Inactive Member from such Inactive Member’s ICA or (b) as may otherwise be agreed upon between the Company and such Inactive Member.
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Examples of Inactive Members in a sentence

  • The Employer shall transfer the accrued benefits of retired and Inactive Members, as well as active Members, to the Colorado Springs New Hire Pension Plan.

  • Inactive Members A member failing to share in the fellowship and responsibilities of his/her church for a period of one year without just cause shall, after due personal counsel, forfeit his/her membership.

  • Inactive Members, as defined in Section 5.9 of these Bylaws, will not be counted in determining a quorum at Member, Member Class or subclass meetings.

  • Moreover, no amendment shall be made hereunder which shall permit any part of the Trust property to revert to any Employer or be used for or be diverted to purposes other than the exclusive benefit of Members, Inactive Members, Beneficiaries, and persons claiming under or through them pursuant to the Plan.

  • Section 2550.404c-1 and insofar as the Plan complies with said Section 404(c), Plan fiduciaries shall be relieved of liability for any losses which are the direct result of investment instructions given by Members, Inactive Members, and Beneficiaries.

  • Inactive Members must abide by the Plan of Operation and Rules of Operation of the MAIP.

  • Normal Retirement Age: 62Eligibility for Members in Active Service and Inactive Members: 25 years of creditable service.

  • Inactive Members will not be furnished with other MAIP Bulletins and will not be assigned reporting numbers.

  • Inactive Members and Invited Non-members may, however, benefit from Coalition-funded training and exercise.

  • Normal Retirement Age: 60Eligibility for Members in Active Service and Inactive Members: 25 years of creditable service.

Related to Inactive Members

  • Inactive member means a member of the pension program or the individual account pro-

  • Active member means a member of the pension program or the individual account program

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

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

  • Panel Member ’ means a member of a panel;

  • Initial Members means those Persons whose names are set forth in the first sentence of this Agreement. A reference to an “Initial Member” means any of the Initial Members.

  • Life Member means an Individual appointed as a Life Member of the Club under clause 5.2.

  • Class B Members means all such Persons.

  • Deferred member means a person who elected to receive deferred vested retirement

  • Inactive or "inactivation" means action by the Division to place a license on inactive status in accordance with Sections 58-1-305 and R156-1-305.

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

  • Team Members means the members of the Team, jointly and severally;

  • county executive committee member means the county executive committee member responsible for matters relating to land;

  • General Member means a party, and that party’s Affiliates, that has executed this Project Charter at the General Member level, unless that General Member has withdrawn or been terminated from the Project, or has changed membership level.

  • Associate Members means the individuals or firms which have agreed to Joint Venture in connection with the Project;

  • New Members As Defined By the Public Employees’ Pension Reform Act of 2013 (PEPRA)

  • Founding Members means the collective reference to American Multi-Cinema, Inc., a Missouri corporation, Cinemark Media, Inc., a Delaware corporation, and Regal CineMedia Holdings, LLC, a Delaware limited liability company.

  • Management Members shall have the meaning set forth in the introductory paragraph of this Agreement.

  • Committee Members means persons formally appointed by the Board to sit on or to chair specific committees.

  • Active military member means any person with full-time duty status in the armed forces of the United States, including members of the National Guard and Reserve.

  • crew member means a person assigned by an operator to duty on an aircraft during a flight duty period;

  • 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.

  • Additional Members means those Members, if any, admitted to the Company after the Effective Date.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Honorary Life Member means a Member who has been elected as such by the Board;

  • Full Member means any person who is in one of the categories of membership referred to in Rule 10.2.