Initial Membership Period definition

Initial Membership Period means 12 months from the date of registration and initial payment
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Initial Membership Period. , means the initial period of Membership that an affiliated Resort can choose to pay the enrolment fees for, on behalf of the Member.
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Initial Membership Period means the period of twelve (12) months from the Membership
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Examples of Initial Membership Period in a sentence

  • 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.

  • Admission of Members after the Initial Membership Period shall not require amendment to this Agreement.

  • 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”).

  • 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).

  • Appointing Authorities of public agencies identified in subsections 1 through 14 of Section 2.01 which become Members after the Initial Membership Period may be permitted to appoint Directors to sit on the Board only if such appointment authority is expressly approved by the Board.

  • If the required number of cities within a Regional City Group do not become Members during the Initial Membership Period, such Regional City Group shall lose its right to appoint a Director to the Board.

  • Eligible public agencies that seek membership after the expiration of the Initial Membership Period, may become Members of the Authority as follows: (1) delivering to the Authority’s Secretary a duly approved and executed copy of this Agreement; (2) paying the Subsequent Membership Fee as specified in Section 5.01(b); (3) obtaining the express approval of the Authority’s Board of Directors (the “Board”) to become a Member; and (4) complying with any further requirements mandated by the Board.

  • Each eligible public agency applying to become a Member after the Initial Membership Period, whether or not identified in Section 2.01, shall pay a Subsequent Membership Fee as a condition to becoming a Member (each such fee, as applicable, hereinafter a “Subsequent Membership Fee”).