Ordinary Members definition
Examples of Ordinary Members in a sentence
ISPRS Ordinary Members shall be offered exhibition space at a discount of 50 % for presenting national activities.
The Members Meeting may be ordinary (an "Ordinary Members Meeting") or extraordinary (an "Extraordinary Members Meeting"), depending on the matters to be discussed at each meeting.
An Ordinary Members Meeting shall be held at least once a year within the four (4) months following the closing of each fiscal period.
Resolutions, actions and decisions of the Members shall be adopted, taken or made at an Ordinary Members Meeting by the affirmative vote of Members (or their representatives) representing more than 50% of the total votes of the Members ("Ordinary Resolutions").
The Company shall not invest, or otherwise use the proceeds received by the Company from the sale of the Closing Shares, the Closing Pre-funded Warrants or the Option Shares in such a manner as would require the Company or any of its subsidiaries to register as an “investment company” (as defined in the Investment Company Act) under the Investment Company Act.