OC Members definition

OC Members has the meaning set forth in Section 3.9(a) hereof.
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OC Members means members of the Operating Committee.
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OC Members shall have the meaning assigned to it in the LLC Agreement.
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Examples of OC Members in a sentence

  • All OC Members shall serve until voluntary resignation or retirement, or removal with or without cause by the Member appointing such OC Member.

  • The members (collectively, "OC Members" and each individually, an "OC Member") of the Operating Committee shall initially be those persons whose names are set forth on Schedule C attached hereto.

  • All final determinations of the Operating Committee must be approved by a majority of the OC Members constituting a quorum eligible to vote.

  • The Oversight Committee shall be comprised of two (2) members (the "OC Members").

  • Respectfully Submitted,Michael Desselle OVERSIGHT COMMITTEE MEETING July 27, 2020Web Conference • A G E N D A • 7:00 a.m. – 1:00 p.m. CDT Executive Session 1 (OC Members & MMU only)...

  • The first OC Members shall comprise the following persons :- Name of DirectorsDesignationDirectorshipHalim Bin Haji DinChairmanIndependent Non-Executive DirectorPauline Tan Suat MingMemberNon-Executive DirectorChan Cheu LeongMemberManaging Director/Group Chief Executive Officerand any other person(s) may be invited or determined by the OC and/or the OC Chairman from time to time.

  • In the event of any dispute or claim arising out of or relating to this Agreement, or the breach thereof; the Parties' respective OC Members shall first endeavor to resolve such dispute or claim through good faith negotiation.

  • The Project Manager will work with the OC Members to prepare an agenda and will facilitate discussions at the Operational Meetings.

  • In their capacity as OC Members, OC Members shall not receive, request or retain any personal, private or protected Client information.

  • Any of the OC Members may call for a special meeting of the Operating Committee to discuss an urgent matter upon two (2) business days’ notice, which notice must include an agenda and the reason for the special meeting.

Related to OC Members

  • Class B Members means the Members holding Class B Units.

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

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

  • Founding Members means the collective reference to American Multi-Cinema, Inc., a Missouri corporation, Cinemark Media, Inc., a Delaware corporation, and Regal CineMedia Holdings, LLC, a Delaware limited liability company.

  • Other Members has the meaning specified in the recitals to this Agreement.

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

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

  • Initial Members means those Persons whose names are set forth in the first sentence of this Agreement. A reference to an “Initial Member” means any of the Initial Members.

  • Class C Member means a Member holding the Class C Ordinary Share.

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

  • Majority Members means Members holding a majority of the Units owned by all Members or if there is only one Member, such Member.

  • Unitholders means the holders of Units.

  • Unit Holders means all Unit Holders.

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

  • Members’ Percentage Interests means the ownership percentage interests as mentioned in Section I of this Agreement. During each fiscal year, the net profits and net losses of the Company (other than from capital transactions), and each item of income, gain, loss, deduction, or credit entering into the computation thereof, shall be credited or charged, as the case may be, to the capital accounts of each Member(s) in proportion to the Members' Percentage Interests. The net profits of the Company from capital transactions shall be allocated in the following order of priority: (a) to offset any negative balance in the capital accounts of the Member(s) in proportion to the amounts of the negative balance in their respective capital accounts, until all negative balances in the capital accounts have been eliminated; then (b) to the Member(s) in proportion to the Members’ Percentage Interests. The net losses of the Company from capital transactions shall be allocated in the following order of priority: (a) to the extent that the balance in the capital accounts of any Member(s) are in excess of their original contributions, to such Member(s) in proportion to the excess balances until all such excess balances have been reduced to zero; then (b) to the Member(s) in proportion to the Members’ Percentage Interests. The cash receipts of the Company shall be applied in the following order of priority: (a) to the payment of interest or amortization on any mortgages on the assets of the Company, amounts due on debts and liabilities of the Company other than those due to any Member(s), costs of the construction of the improvements to the assets of the Company and operating expenses of the Company; (b) to the payment of interest and establishment of cash reserves determined by the Member(s) to be necessary or appropriate, including without limitation, reserves for the operation of the Company’s business, construction, repairs, replacements, taxes and contingencies; and (d) to the repayment of any loans made to the Company by any Member(s). Thereafter, the cash receipts of the Company shall be distributed among the Member(s) as hereafter provided. Except as otherwise provided in this Agreement or otherwise required by law, distributions of cash receipts of the Company, other than from capital transactions, shall be allocated among the Member(s) in proportion to the Members’ Percentage Interests. Except as otherwise provided in this Agreement or otherwise required by law, distributions of cash receipts from capital transactions shall be allocated in the following order of priority: (a) to the Member(s) in proportion to their respective capital accounts until each Member(s) has received cash distributions equal to any positive balance in their capital account; then (b) to the Member(s) in proportion to the Members' Percentage Interests. It is the intention of the Member(s) that the allocations under this Agreement shall be deemed to have “substantial economic effect” within the meaning of Section 704 of the Internal Revenue Code and Treas. Reg. Section 1.704-1. Should the provisions of this Agreement be inconsistent with or in conflict with Section 704 of the Code or the Regulations thereunder, then Section 704 of the Code and the Regulations shall be deemed to override the contrary provisions thereof. If Section 704 of the Regulations at any time require that limited liability company operating agreements contain provisions which are not expressly set forth herein, such provisions shall be incorporated into this Agreement by reference and shall be deemed a part of this Agreement to the same extent as though they had been expressly set forth herein.

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

  • Members means the persons who are duly registered as the holders from time to time of shares in the register including persons who are jointly so registered.

  • Percentage Interests shall have the meaning specified in the Trust Agreement.

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

  • Preferred Member means a Member holding Preferred Units.

  • Partnership Percentage means a percentage established for each partner on the Partnership' books as of the first day of each Fiscal Period. The Partnership Percentage of a Partner for a Fiscal Period shall be determined by dividing the amount of the Partner's capital account as of the beginning of the Fiscal Period by the sum of the capital accounts of all of the Partners as of the beginning of the fiscal Period. The sum of the Partnership Percentage for each fiscal Period shall equal one hundred percent (100%).

  • Panel Member ’ means a member of a panel;

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

  • Common Member means a Member holding Common Units.

  • Limited Partners means all such Persons.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.