Notice Member definition

Notice Member. (as defined in Section 6231 of the Code) or a member of a "notice group" (as defined in Section 6223(b)(2) of the Code);
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Notice Member has the meaning set forth in Section 11.5(c).
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Notice Member has the meaning set forth in Section 15.7(e).
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Examples of Notice Member in a sentence

  • If the Notice Member does not provide the Purchase Notice to the Electing Member within the above referenced sixty (60) day time period, the Notice Member shall become obligated to sell its Member Interest in the Company to the Electing Member.

  • In either event, at the closing of the purchase and sale transaction described in this Section 8.3, the purchase price must be paid in cash (either by certified check or by wire transfer), unless otherwise agreed upon by the Electing Member and the Notice Member.

  • Within sixty (60) days following the date of any such event, one or more of the Non-withdrawing Members (the "Notice Member") may give written notice to the other Non-withdrawing Members of his desire to consider exercise of such option or options.

  • The Tax Matters Partner or the Partnership Representative, as applicable, shall promptly provide each Notice Member with copies of all material correspondence between the Company or the Tax Matters Partner or Partnership Representative and the IRS (or other applicable taxing authority or tribunal) in connection with such Audit.

  • Such sale to a third party must be closed within ninety (90) days after the date of the notice of rejection given by the Notice Member, and if not so closed within said time, no transfer shall be made by the Seller, without the Seller repeating anew the procedure set forth above.

  • Thereupon the Notice Member shall give written notice to the Withdrawing Member and all legally interested third parties, of the necessity for a determination of Fair Market Value pursuant to this Article.

  • The obligations of the Tax Matters Partner or Partnership Representative to inform a Notice Member and provide copies of correspondence shall not extend to routine or minor events.

  • Tenant shall have the right to inspect at reasonable times and upon reasonable advance notice Landlord’s books and records which relate to these items of cost.

  • The Notice Member shall promptly notify the Withdrawing Member and all interested third parties of the options exercised, and the closing for the options exercised shall be held within thirty (30) days following the effective date of exercise.

  • Upon receipt by the Notice Member of the written determination of Fair Market Value, he shall send a copy to each of the Non- withdrawing Members, and shall advise them of the ratable amounts in the offered interest of the Withdrawing Member to which they would be entitled if their options were exercised.


More Definitions of Notice Member

Notice Member. A member that is a “notice partner” within the meaning of section 6223 of the Code. “Percentage interest.” The proportionate economic rights of a member, expressed as a percentage as shown on Annex A.
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Notice Member means a Member who receives an Election Notice pursuant to Section 13.1.
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Notice Member shall have the meaning provided in Section 11.7(b). "Optional Liquidation Events" shall have the meaning provided in Section 11.7(a). "Optional Liquidation Notice" shall have the meaning provided in Section 11.7(b). "Original Contribution" means, with respect to any Member, any Contribution provided by such Member as of the Effective Date or the day thereafter. "Parent" shall mean for any Member, any company, joint venture, limited liability company, association or other entity which itself or as part of a "group" (within the meaning of Sections 13(d) and 14(d)(2) of the Exchange Act) legally or beneficially owns 50% or more of the outstanding voting securities or interests of such Member, the holders of which are generally entitled to vote for the election of the board of directors or other governing board of such Member. "Payment Date" shall have the meaning provided in Section 3.2(b). "PCI" means Potomac Capital Investment Corporation, a Delaware corporation. "PCI Contribution Agreement" means the Contribution Agreement of even date herewith and attached hereto as Exhibit G pursuant to which PCI made, and will make, certain contributions to the Company. "PCI Note" has the meaning provided in clause (i) of the definition of "Permitted Investment" "PCJL" shall have the meaning provided in Section 2.2. "PCJL Notes" means the First PCJL Note and the Second PCJL Note. "Permitted Investments" mean:
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Notice Member shall have the meaning provided in Section 11.7(b). 10 _____________________________________________________________________________
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Related to Notice Member

  • Service member means a member of the armed forces, a reserve branch of the armed forces, or the Michigan national guard.

  • Active member means a member of the pension program or the individual account program

  • Limited Partner means, prior to the admission of the first Additional Limited Partner to the Partnership, the Initial Limited Partner, and thereafter any Person named as a Limited Partner in Exhibit A, as such Exhibit may be amended from time to time, upon the execution and delivery by such Person of an additional limited partner signature page, or any Substituted Limited Partner or Additional Limited Partner, in such Person’s capacity as a Limited Partner of the Partnership.

  • Founding Member means any individual who is either:

  • Other Member means a Voting Member who is not an Eligible Account Holder or a Supplemental Eligible Account Holder.

  • Executive Member means any elected member of the authority appointed to the executive of that authority;

  • Bona fide member means an individual who participates in activities of a qualified organization

  • Limited Partners means all such Persons.

  • Potential Member means an individual who meets the eligibility requirements to enroll in the Oregon Health Plan but has not yet enrolled with a specific PHP or CCO.

  • New member means a person first employed on or after Septem- ber 1, 2005, including a former member who withdrew retirement contributions under Government Code 822.003 and is reemployed on or after September 1, 2005.

  • Special Member means, upon such person’s admission to the Company as a member of the Company pursuant to Section 5(c), a person acting as Independent Director, in such person’s capacity as a member of the Company. A Special Member shall only have the rights and duties expressly set forth in this Agreement.

  • Founder Member means a subscriber to these rules for the purposes of registration;

  • Initiating Member shall have the meaning provided in Section 15.2(a).

  • Preferred Member means a Member holding Preferred Units.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Participating member means a member who is required to make mandatory contributions by the applicable retirement act to his or her health reimbursement account.

  • of a Member means the salary corresponding in any given year to a full-time appointment at the member's rank and step, as set out for that year in Schedule A.

  • Initial Member has the meaning set forth in the introductory paragraph.

  • Class A Member means a Member holding one or more Class A Ordinary Shares.

  • Inactive member means a member of the pension program or the individual account pro-

  • Interest Holder means any Person who holds an Interest, whether as a Member or as an unadmitted assignee of a Member.

  • Alternate member means a person who is qualified under Iowa Code section 148.2A to substitute for a board member who is disqualified or becomes unavailable for any other reason for a contested case hearing. An alternate board member is deemed a member of the board only for the hearing panel(s) for which the alternate board member serves.

  • Disposing Member is defined in Section 4.1.

  • A Member means a companion, fellow, member, honorary member, associate or affiliate of the Society

  • Individual Member means a registered, financial Member of the Club who is at least 18 years of age.

  • Life Member means an Individual appointed as a Life Member of the Club under clause 5.2.