Member Power definition

Member Power means the member/stock power executed by Mezzanine Borrower and substantially in the form of Exhibit U.
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Examples of Member Power in a sentence

  • A meeting was held on 12-02-2021 by the Committee constituted by Ministry of Power under the chairmanship of Member (Power Systems), CEA and as directed by Committee, KTL had submitted the Undertaking on 17-02-2021 and the NOC was granted by Irrigation Dept on 23-02-2021.

  • Further, pursuant to Section 5.02(b)(1) and (2), as stated above, the Committee only has the authority to appoint under the Grantor Consent Power and the Committee Unanimous Member Power only during Grantor’s lifetime.

  • Under Part II, Article Eleventh, any appointment, direction, determination or action by the Committee must be made, given or taken in a writing either (1) executed by either of the Grantors or the survivor of them and by a majority of the other members of the Committee (Grantor’s Consent Power) or (2) executed by all then serving members of the Committee other than the Grantors (Unanimous Member Power).

  • Mezzanine Lender shall have received originals of the Certificates together with a Member Power endorsed in blank.

  • Any appointment, determination, or action by the Committee requires either (i) The unanimous written consent of the then serving members of the Committee, other than Grantor (Unanimous Member Power), or (ii) The written consent of Grantor and a majority of the other then serving members of the Committee (Grantor’s Consent Power).

  • The Power of Appointment Committee may exercise this power under the Grantor’s Consent Power, the Unanimous Member Power, and the Adverse Party Power.

  • Section 5.02(b)(2) provides that during Grantor’s lifetime, the Committee members, other than Grantor, by unanimous vote, may (but are not required to) appoint Trust income (including the whole thereof) to or for the benefit of any one or more of Grantor or the Lifetime Beneficiaries for any purposes at any time and from time to time (Unanimous Member Power).

  • Section 5.02(b)(2) provides that during Grantor’s lifetime, the Committee members, other than Grantor, by unanimous vote, may (but are not required to) appoint Trust income or principal (including the whole thereof) to or for the benefit of any one or more of Grantor or the Lifetime Beneficiaries for any purposes at any time and from time to time (Unanimous Member Power).

  • Pursuant to the direction of Secretary (Power), MoP, a meeting held under chairmanship of Member (Power System), CEA on 14.10.2022 for resolving the issue of forest.

  • The forum is chaired by Chairman, CERC and inter-alia had the following members- Chairperson CEA, Member (Power Systems) of CEA, Members of CERC, CEO of CTU, representatives from generating companies, both PSEs and private.

Related to Member Power

  • Power Pool means the scheme operated by the Independent System Operator under the Act for exchange of Energy and financial settlement for the exchange of Energy;

  • net power means the power obtained on a test bench at the end of the crankshaft or its equivalent at the corresponding engine speed with the auxiliaries and equipment listed in Table 1 of Annex 4 to this Regulation, determined under reference atmospheric conditions;

  • Powers means all of the general and specific powers of the authority as provided in this chapter which shall be broadly and liberally interpreted to authorize the authority to act in accordance with the goals of the authority and in a manner consistent with the legislative findings and guiding principles.

  • Member means a member of the Board;

  • Managing Member means CEF Equipment Holding, L.L.C., a Delaware limited liability company or any successor Managing Member under the Issuer Limited Liability Company Agreement.

  • Board of Management means the Board of Management of the University;

  • Executive Committee means a group of directors elected or appointed to act on behalf of, and within the powers granted to them by, the Commission.

  • Member bank means a national bank, state bank, or trust company which is a member of the United States federal reserve system.

  • Board of Supervisors means the Board of Supervisors of the County.

  • Station Power means energy used for operating the electric equipment on the site of a generation facility located in the PJM Region or for the heating, lighting, air-conditioning and office equipment needs of buildings on the site of such a generation facility that are used in the operation, maintenance, or repair of the facility. Station Power does not include any energy (i) used to power synchronous condensers; (ii) used for pumping at a pumped storage facility; (iii) used in association with restoration or black start service; or (iv) that is Direct Charging Energy. Surplus Interconnection Customer:

  • Power means electricity, except where the context makes clear that another meaning is intended.

  • President means the President of the Corporation.