Indirect Member definition

Indirect Member means either an NCM or a Registered Client;
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Indirect Member means the GSC Indirect Member and the TCW Indirect Member, as applicable.
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Indirect Member means, with respect to any particular
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Examples of Indirect Member in a sentence

  • First, debt securities account for a growing proportion of corporate liabilities.

  • The special member must sign an agreement with the direct or indirect Member for extending the branch activity relationship, and an official confirmation shall be sent to the Clearing House by the concerned Direct or Indirect Member.An Indirect Member must sign an agreement with a Direct Member for the settlement purposes.

  • An Individual- Indirect Member is a natural person, partnership firm or corporation, whichis a member of a State Wheat Growers organization.

  • Each Direct Member, Indirect Member and Allied Member of the Chapter shall have one vote in all matters to be voted on by the members.

  • Indirect Member PSPs:Payment Service Providers that are not direct members of the clearing.

  • If such Member is an Indirect Member, as of the Agreement Date, such Indirect Member is the beneficial and record owner of, has good and valid title to all of the equity interests of the Direct Members or Direct Members set forth opposite such Indirect Member’s name on Schedule 1.1(a), in each case free and clear of all Liens, other than restrictions on Transfer set forth in the Organizational Documents of such Direct Member.

  • Any amendment to the Organizational Documents of TopCo after the Agreement Date will be validly approved in accordance with the Organizational Documents of TopCo and delivered to Buyer and each Indirect Member.

  • The Responsible Party hereby absolutely, irrevocably and unconditionally guarantees, and agrees to cause the Indirect Member set forth across from the Responsible Party’s name on Schedule 1.1(b) to duly and punctually satisfy, all of its payment and performance obligations under this Agreement, as and when due pursuant to the terms of this Agreement, including (a) all covenant obligations set forth in Article V and (b) all indemnification obligations set forth in Article IX.

  • All payments payable to any Indirect Member in accordance with the terms of this Agreement will be made in accordance with the terms of the Organizational Documents of the Direct Members as of the Closing Date.

  • All terms of such purchase shall be as similar as possible and in no event less favorable to the TA Indirect Member relative to the terms and conditions the TA Member would have received had they sold the underlying Units directly to the buyer absent this Section 6.13.


More Definitions of Indirect Member

Indirect Member means a member that itself holds an interest, through a direct member or indirect member that is a partnership or S corporation, in an electing pass-through entity.
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Indirect Member means a member that itself holds an interest, through a direct or indirect member that is a partnership or S corpora- tion, in an affected business entity. "Exempt entity" means an entity that is exempt from taxation under this chapter.
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Indirect Member means either an NCM or an X-CLEAR Client;
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Indirect Member means any Person who holds a Membership Interest indirectly through one or more entities which are flow-through entities for federal income tax purposes (such as a partnership, a limited liability company, or a similar entity).
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Indirect Member means any entity among those indicated in article 4, paragraph 1 that does not perform settlement of Trades directly but uses an Agent Bank, as specified in article 4, paragraph 2 of these Regulations and in the Implementing Provisions;
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Related to Indirect Member

  • Subject Member means an elected member or co-opted member of the County Council against whom a complaint has been made alleging a breach the Code of Conduct.

  • Unit Member means any certificated employee of the district who is included in the appropriate unit as defined in Article 2 and therefore covered by the terms and provisions of this Agreement.

  • Student Member means the member of ICCB who has been selected by ICCB's Student Advisory Committee. The student member has all the privileges of membership defined in Section 2-3 of the Act.

  • Indirect Owner means, in the case of a Protected Partner that is an entity that is classified as a partnership, disregarded entity or subchapter S corporation for federal income tax purposes, any person owning an equity interest in such Protected Partner, and in the case of any Indirect Owner that itself is an entity that is classified as a partnership, disregarded entity or subchapter S corporation for federal income tax purposes, any person owning an equity interest in such entity.

  • ☐ - 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).

  • Indirect holdings means all securities of a company that are held in an account or fund, including a mutual fund, that is managed by one or more persons who are not employed by the state treasurer or a retirement system, if the state treasurer or retirement system owns shares or interests either:

  • Partner means any General Partner or Limited Partner.

  • Indirect Depository Participant An institution that is not a Depository Participant but clears through or maintains a custodial relationship with Participants and has access to the Depository's clearing system.

  • Management Member means any Member that is an employee of the Company or any of its Subsidiaries.

  • Indirect Ownership Interest means an ownership interest in an entity that has an ownership interest in another entity. Indirect ownership interest includes an ownership interest in an entity that has an indirect ownership interest in another entity.

  • Agent Members has the meaning provided in Section 2.07(a).

  • Agent Member means any member of, or participant in, the Depositary.

  • Potential Beneficial Owner means a customer of a Broker-Dealer or a Broker-Dealer that is not a Beneficial Owner of shares of AMPS but that wishes to purchase such shares, or that is a Beneficial Owner that wishes to purchase additional shares of AMPS.

  • Bankrupt Member means any member (a) that (i) makes an assignment for the benefit of creditors; (ii) files a voluntary petition in bankruptcy; (iii) is adjudged a bankrupt or insolvent, or has entered against such Member an order for relief, in any bankruptcy or insolvency proceedings; (iv) files a petition or answer seeking for the Member any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any statute, law or regulation; (v) files an answer or other pleading admitting or failing to contest the material allegations of a petition filed against the Member in any proceeding of the type described in subclauses (i) through (iv) of this clause (a); or (vi) seeks, consents to, or acquiesces in the appointment of a trustee, receiver or liquidator of the Member or of all or any substantial part of the Member's properties; or (b) against which, a proceeding seeking reorganization, arrangement, composition, readjustment, liquidation, dissolution, or similar relief under any statute, law or regulation has been commenced and one hundred twenty (120) days have expired without dismissal thereof or with respect to which, without the Member's consent or acquiescence, a trustee, receiver or liquidator of the Member or of all or any substantial part of the Member's properties has been appointed and ninety (90) days have expired without the appointment having been vacated or stayed, or ninety (90) days have expired after the date of expiration of a stay, if the appointment has not previously been vacated. The foregoing is intended to and shall supersede and replace the events of bankruptcy described in Sections 18-304(a) and (b) of the Act.

  • Independent Member of the board means a member of the board who has no business, family or other relationship that raises a conflict of interests regarding the CCP concerned or its controlling shareholders, its management or its clearing members, and who has had no such relationship during the five years preceding his membership of the board;

  • Immediate owner means an entity, other than the offeror, that has direct control of the offeror. Indicators of control include, but are not limited to, one or more of the following: ownership or interlocking management, identity of interests among family members, shared facilities and equipment, and the common use of employees.

  • Indirect Political Event shall have the meaning set forth in Clause 21.3;

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

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

  • Indirect Participant means a Person who holds a beneficial interest in a Global Note through a Participant.

  • Indirect Participants Has the meaning specified in Section 4.01(b) of this Trust Supplement.

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

  • Indirect contact means the contact of persons with exposed conductive parts.

  • Intimate partner means: (a) Spouses, or domestic partners; (b) former spouses, or former domestic partners; (c) persons who have a child in common regardless of whether they have been married or have lived together at any time; (d) adult persons presently or previously residing together who have or have had a dating relationship; (e) persons sixteen years of age or older who are presently residing together or who have resided together in the past and who have or have had a dating relationship; and (f) persons sixteen years of age or older with whom a person sixteen years of age or older has or has had a dating relationship.

  • Team Member means an individual who is allowed to access the Cloud Service but is only granted membership in groups associated with “Team Member” permissions for the Cloud Service.2

  • legal person means any entity having legal personality under the applicable law, except for States or public bodies in the exercise of State authority and for public international organisations.