Legacy Members definition

Legacy Members means Bell Canada, Enbridge Gas Distribution Inc. and Union Gas Limited.
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Legacy Members means the Members of the Company as of immediately prior to consummation of the Merger, including, Crumbs, Inc., Xxxxx Xxxxx, Xxxxxx Xxxxx, Xxx Xxxxx, EHL Holdings LLC, Crumbs, Inc. and Xxxx Xxxxxxx.
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Legacy Members means those members listed as Legacy Members on Exhibit D.
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Examples of Legacy Members in a sentence

  • Average Subscribers, Average Supplemental Insureds and Average Legacy Members for the period are all calculated by determining the average subscribers, insureds or members, as applicable, for each month in the period (adding the number of subscribers, insureds or members, as applicable, at the beginning of the month with the number of subscribers, insureds or members, as applicable, at the end of the month and dividing that total by two) and then averaging that result for the period.

  • Average Subscribers and Average Legacy Members for the period are each calculated by determining the average subscribers or members, as applicable, for each month in the period (adding the number of subscribers or members, as applicable, at the beginning of the month with the number of subscribers or members, as applicable, at the end of the month and dividing that total by two) and then averaging that result for the period.

  • The Company shall issue such additional New Crumbs Class B Exchangeable Units or other Equity Securities to the Legacy Members and/or such other Persons as required by the Business Combination Agreement and/or to the Legacy Members or such other Persons as required by the Exchange Agreement and/or this Section 3.2 and Section 3.4 of this Agreement (each such issuance a “Required Class B Issuance”).

  • Upon consummation of the Merger, the Legacy Units were converted into 4,541,394 New Crumbs Class B Exchangeable Units and 4,494,491 New Crumbs Class A Voting Units and 4,494,491 New Crumbs Class A Voting Units were issued by the Company and/or Transferred by the Legacy Members to the Class A Holder.

  • Upon consummation of the Merger, the Legacy Units were converted into [•] New Crumbs Class B Exchangeable Units and [•] New Crumbs Class A Voting Units and [•] New Crumbs Class A Voting Units were issued by the Company and/or Transferred by the Legacy Members to the Class A Holder.

  • The Members agree that Capital Accounts of Legacy Members prior to the Earn Out shall be treated as provisional and contingent Capital Accounts and that Capital Accounts shall be redetermined on each Earn Out Event so that the Capital Accounts of all Members are equal on a per Unit basis.


More Definitions of Legacy Members

Legacy Members means those Full Golf Members Resident and Non-Resident of the Predecessor Club identified in the Club records as Legacy Members who paid a refundable deposit or other initiation fee of at least $25,000 to the non-equity club that preceded the Predecessor Club (“Old Club”). The Club has agreed, in addition to the other rights given to Legacy Members, to give certain financial benefits to partially reimburse Legacy Members for the refundable membership deposits (“Membership Deposits”) which they made to the Old Club. Those Legacy Funds were originally used to pay Legacy Members under the original Membership Agreement. All such obligations have been paid in full. No additional funds shall be collected for the Legacy Fund. Legacy Non-Resident full Golf Memberships are not recallable.
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Legacy Members means those Full Golf Members Resident and Non-Resident of the Predecessor Club identified in the Club records as Legacy Members who paid a refundable deposit or other initiation fee of at least $25,000 to the non-equity club that preceded the Predecessor Club (“Old Club”). The Club has agreed, in addition to the other rights given to Legacy Members, to
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Legacy Members means those Full Golf Members Resident and Non-Resident of the Predecessor Club identified in the Club records as Legacy Members who paid a refundable deposit or other initiation fee of at least $25,000 to the non-equity club that preceded the Predecessor Club (“Old Club”). The Club has agreed, in addition to the other rights given to Legacy Members, to give certain financial benefits to partially reimburse Legacy Members for the refundable membership deposits (“Membership Deposits”) which they made to the Old Club. That funding from various sources hereinafter described will be utilized and paid by the Club when and if available to the Legacy Members until the Legacy Member receives the difference of the Membership Deposit to the Old Club less $25,000.00, multiplied by 62.5%, provided that payments owed to any Legacy Member shall not exceed a total of $25,000.00 and further provided that not more than $9,000.00 shall be owed to an individual Legacy Member during any Membership Year. The funding for the Legacy Member fund (“Legacy Fund”) will come from the following sources: (i) 25% of the initiation fee for the sale of any Memberships sold by the Club; (ii) half of any recreational facilities fee charged to new purchasers who purchase from AGR TwinEagles Holdings, L.L.C., a Delaware limited liability company (“Developer”), its affiliates or related entities, directly or through a builder who has purchased from the foregoing, up to $2,500.00; (iii) half of Membership transfer fees which are presently being set at $1,000.00; (iv) half of “Extra Dues” (as hereinafter defined), if any; and (v) $5.00 from each golf cart rental fee. The funds shall be deposited in the Legacy Fund monthly. The Legacy Fund shall be escrowed with a law firm or bank doing business in Florida with interest being accrued, net of income taxes, being for the benefit of the Legacy Fund in a separate account or accounts. Legacy Members can obtain a statement quarterly. Thereafter, each year the balance in the Legacy Fund as of May 31st shall be disbursed pro rata, subject to the limitations set forth above, with the disbursement being made not later than July 31st of each year until all of the eligible Legacy Members have been paid the amount specified in their Membership Agreement. Thereafter, any funds in the Legacy Fund shall be general funds of the Club and no more funds shall be collected for the Legacy Fund. The Club makes no guarantee that the events will occur for the dollars to ...
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Legacy Members means employees enrolled in a defined benefit plan formula in place on and before December 31, 2012. LIMITED-TERM EMPLOYEE shall mean an employee employed in a limited- term position except where a regular position is converted to a limited-term position, the incumbent shall retain his or her former status. As an exception to this definition, a limited-term employee may also be used to fill a regular position when the incumbent employee is on Official Leave of Absence.
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Legacy Members means those Members who have made Capital Contributions to the Company prior to the effective date of this Agreement pursuant to the Legacy Contribution Agreement and the Original Agreement.
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Related to Legacy Members

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

  • Class B Members means any Persons to whom Class B Membership Units are issued, and any assignee or transferee of such Persons permitted under the terms of this Agreement, and any other Person admitted to the Company in the future as a Class B Member pursuant to the terms hereof. The names of the Class B Members, and the Percentage Interests allocated to each such Class B Member, shall be reflected in the books and records of the Company.

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

  • Unit Holders means all Unit Holders.

  • Participating Companies means any insurance company (including Insurance Company) that offers variable annuity and/or variable life insurance contracts to the public and that has entered into an agreement with one or more of the Funds.

  • Members means all such Persons.

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

  • Founding Members means those public school districts, cities, counties, and other governmental units that are signatories to the Joint Powers Agreement and have a voting member serving on the JPA's Board of Directors.

  • Unitholders means the holders of Units.

  • SpinCo Entities means the entities, the equity, partnership, membership, limited liability, joint venture or similar interests of which are set forth on Schedule IV under the caption “Joint Ventures and Minority Investments.”

  • Class A Members means those Members who have purchased Class A Interests.

  • Transferred Entities means the entities set forth on Schedule 1.9.

  • Faculty Member means any person hired by the college or District to conduct classroom or teaching activities or who is otherwise considered by the college to be a member of faculty.

  • Participating Entities and “Participating Entity” are defined on the Coversheet.

  • Consortium Members means the members of the Consortium, formed by the Bidder for purposes of the Transaction in accordance with this RFP and shall include members who have submitted the Format for Consortium Agreement (Annexure 5) specified in the RFP.

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • Equity Member means each member of the Respondent team that will contribute equity as part of the financing of the Project.

  • Participating Company Group means, at any point in time, all corporations collectively which are then Participating Companies.

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

  • Voting Members has the meaning set forth in Section 4.07(b).

  • SpinCo shall have the meaning set forth in the Preamble.

  • Remaining Members has the meaning set forth in Section 11.2.

  • Plan Member means each Member any of the assets of which are subject to any Plan Governing Law.

  • Membership service means service as an employee rendered while a contributing member of the

  • SpinCo Group means (a) prior to the Effective Time, SpinCo and each Person that will be a Subsidiary of SpinCo as of immediately after the Effective Time, including the Transferred Entities, even if, prior to the Effective Time, such Person is not a Subsidiary of SpinCo; and (b) on and after the Effective Time, SpinCo and each Person that is a Subsidiary of SpinCo.

  • Bargaining Unit Member or “employee” means a University employee who is included in the bargaining unit as defined in Article 2: “Recognition and Scope”.