Examples of Initial Membership Fee in a sentence
To become a Member of the Authority within the Initial Membership Period, each eligible public agency shall pay an Initial Membership Fee as specified below (each such fee, as applicable, the “Initial Membership Fee”).
The Board shall determine the amount of each Subsequent Membership Fee, but in no event shall it be less than the Initial Membership Fee the public agency would have been required to pay to become a Member within the Initial Membership Period.
The Board shall set each Annual Fee in an amount not to exceed the Initial Membership Fee or Subsequent Membership Fee, as the case may be, paid by the respective Member; however, the Board may adjust the Annual Fee each Fiscal Year to reflect changes in the Consumer Price Index.
Prior to and for a period of sixty days after the Effective Date (hereinafter the “Initial Membership Period”), an eligible public agency may become an initial Member of the Authority as follows: (1) delivering to the Authority’s Secretary a duly approved and executed copy of this Agreement; and (2) paying the Initial Membership Fee as specified in Section 5.01(a).
The City Managers representing the Member cities within a Regional City Group will determine which city will represent the Regional City Group, determine how the Member cities will provide input to the chosen representative Director and Alternate Director, and how the Member cities will share and pay the Initial Membership Fee and the Annual Fee thereafter.
Membership in the Program becomes effective only when the Membership Application is accepted by OPEN LINKS GOLFING SOCIETY, the Initial Membership Fee and the first Annual Membership Fee prorated is paid and received by OPEN LINKS GOLFING SOCIETY, and you have accepted the Terms and Conditions of Membership.
Please note that membership fees (e.g., Initial Membership Fee; Annual Membership Fee) may increase at the discretion of OPEN LINKS GOLFING SOCIETY.
You further agree that, except in accordance with these Terms and Conditions and our Web Site’s Terms of Use, you will not be eligible for a full or partial refund of your Initial Membership Fee and Annual Membership Fees as a result of your non-use of any of the Benefits of the Program.
You confirm that you understand and agree that the transaction contemplated by this purchase consists of the Initial Membership Fee and the recurring Annual Membership Fee until the Membership is cancelled by notice in writing in accordance with these Terms and Conditions.
If an eligible city has paid an Initial Membership Fee of Five Thousand Dollars ($5,000.00) because the required number of cities within its Regional City Group did not become Members within the Initial Membership Period, its payment shall be credited toward the applicable Regional City Group’s Subsequent Membership Fee, as defined in Section 5.01(b).