Examples of New Membership in a sentence
Additional members may only be admitted to the Company through a Certificate of New Membership issuance by the company of new interest in the Company or as otherwise provided in this agreement.
The New Membership Interests of Reorganized Parent shall constitute a single class of Equity Security in Reorganized Parent and there shall exist no other Equity Securities, warrants, options, or other agreements to acquire any equity interest in Reorganized Parent.
On the Effective Date, as a condition to receiving any distribution of New Membership Interests, all holders of the New Membership Interests shall be deemed parties to and bound by the New Operating Agreement that will be filed with the Plan Supplement and that shall contain customary terms including transfer restrictions, preemptive rights, right of first offer, tag-along rights, drag-along rights, and certain information rights.
Carbon monoxide (CO) detector shall be a system-connected System Sensor model number CO1224T or CO1224TR listed to Underwriters Laboratories UL 2075 for Gas and Vapor Detectors and Sensors.
Upon the Effective Date, after giving effect to the transactions contemplated hereby, the New Membership Interests of Reorganized Parent shall be governed by the New Organizational Documents.
The New Operating Agreement shall be binding on Reorganized Parent and all parties receiving, and all holders of, the New Membership Interests (whether received under the Plan or otherwise) regardless of whether such parties execute the New Operating Agreement.
The National 1st Vice Commander for membership will be responsible for the distribution of National Pre-Printed Cards and all numbered New Membership Cards to all Department 1st Vice Commanders for membership.
This is what’s currently being trailed by NBN Co in their Fibre to the Building pilot deployment where NBN Co contractors are required to enter into the end user’s premises to install a new wall plate and line filter.
The Committee also noted that the Chair of the Board or Chairs of other Board sub- committees have the authority to make decisions on conflicts of interest that are reported during meetings where an urgent determination is necessary – e.g. where it is necessary to decide whether a given individual should be allowed to participate in a matter that is before the Committee at that meeting.
The New Organizational Documents shall, among other things: (1) authorize the issuance of the New Membership Interests and the New Common Stock; and (2) pursuant to and only to the extent required by section 1123(a)(6) of the Bankruptcy Code, include a provision prohibiting the issuance of non-voting equity Securities.