Profits Member definition

Profits Member means any Member that holds Profits Units (directly or indirectly through the Management Holdco), in such Member’s capacity as a holder of Profits Units.
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Profits Member means, as of any date of determination, any owner of one (1) or more Profits Unit(s) of a particular Series as reflected on Company's or such Series' books and records, subject to the requirements set forth herein for admission as a Series Member of such Series.
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Profits Member means a Research Affiliate that has executed an -------------- Affiliation Agreement with ARC after September 1996, which Research Affiliate or any of its Affiliates, employees or agents have purchased Class A Shares from ARC.
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Examples of Profits Member in a sentence

  • As more fully set forth in the Series Agreement, as a Profits Member, Subscriber may be entitled to certain Base Distributions.

  • For the avoidance of doubt, a Profits Member will not be allocated any Net Income or Net Loss (or individual items thereof) other than Net Income or Net Loss attributable to a Capital Transaction unless (and only to the extent) the Board determines that such Profits Member is entitled to distributions of Available Cash Flow under Section 4.03(b).

  • Subscriber hereby irrevocably agrees to be bound by the Company Agreements as a Profits Member of Series Calculated Sequels and to perform all obligations contained in the Company Agreements, including, without limitation, making such additional contributions of the Subscription Price to Company, as part of the Commitment, as more fully set forth herein or therein.

  • Such Profits Member (a) if an entity, is duly formed, validly existing, and in good standing under the laws of its jurisdiction of organization and has all requisite power and authority to enter into, deliver, and perform this Agreement, and (b) if an individual, has all legal capacity and authority to enter into, deliver, and perform this Agreement.

  • Within five (5) days after receipt of a request from Company, Subscriber hereby agrees to provide such information with respect to his/her/its status as a Profits Member (or potential Profits Member) and to execute and deliver such documents as may reasonably be necessary to comply with any and all laws and regulations to which Company is or may become subject, including, without limitation, the need to determine the accredited investor status of Company's members.

  • All consents, approvals, authorizations, permits of, filings with, and notifications to, any Person necessary for the due execution, delivery, and performance of this Agreement by such Profits Member have been obtained or made and all conditions thereof have been duly complied with, and no other action by, and no notice to or filing with, any Person is required in connection with the execution, delivery, or performance of this Agreement by such Profits Member.

  • If any Profits Member believes that such a position is required by applicable law, such Profits Member will promptly notify the Manager in writing, citing such applicable law or any interpretation thereof.

  • Subscriber hereby irrevocably agrees to be bound by the Company Agreements as a Profits Member of OneDoor Studios Entertainment Properties LLC Series Calculated Sequels and to perform all obligations contained in the Company Agreements, including, without limitation, making such additional contributions of the Subscription Price to Company, as part of the Commitment, as more fully set forth herein or therein.

  • To the extent such Profits Member has any questions with respect to his/her/its status as an accredited investor, or the application of the foregoing investment limits, he/she/it has sought professional advice.

  • The Manager and the Officers may rely and shall be protected in relying on any notice or other document from a Profits Member or other Person if believed by it to be genuine.


More Definitions of Profits Member

Profits Member shall have the meaning set forth in Section 1.5(a).
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Related to Profits Member

  • Deferred member means a person who elected to receive deferred vested retirement

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

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

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

  • Plan Member means each Member any of the assets of which are subject to any Plan Governing Law.

  • Full Member means any person who is in one of the categories of membership referred to in Rule 10.3.

  • Unit Member means any certificated employee of the district who is included in the appropriate unit as defined in Article 2 and therefore covered by the terms and provisions of this Agreement.

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

  • Employee Member means a member of the “Bargaining Unit”.

  • ☐ - MULTI-MEMBER The “Capital Account” for each Member shall mean the account created and maintained for the Member in accordance with Section 704(b) of the Internal Revenue Code and Treasury Regulation Section 1.704-1(b)(2)(iv).

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

  • Council Member means a member of the Council;

  • Corporate Partner means a Partner that is subject to tax under [reference to State law].

  • Staff member means a staff member as defined in section 1(1) of the Public Service Act, 1995 (Act No. 13 of 1995);

  • Covered service member means a member of the Armed Forces, including a member of the National Guard or Reserves, who is undergoing medical treatment, recuperation, or therapy, is otherwise in outpatient status, or is otherwise on the temporary disability retired list, for a serious injury or illness.

  • Corporate Member means, corporate entity who have entered into a Membership Agreement with DOCOMO BIKESHARE, INC. under the Bicycle Rental (Sharing) system in pursuant to Article 3, such as profit corporations, non-profit corporations, public corporations, and those with juridical personality by law.

  • Unit Holder means a person holding units in the scheme of the Mutual Fund.

  • Panel Member ’ means a member of a panel;

  • 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.

  • General Member means a party, and that party’s Affiliates, that has executed this Project Charter at the General Member level, unless that General Member has withdrawn or been terminated from the Project, or has changed membership level.

  • Principal Member means the person who signs the application and is responsible for the payment of premiums.

  • Tax Matters Member has the meaning set forth in Section 8.4(d).

  • Teaching staff member means an employee who holds a position for which a certificate issued by the New Jersey State Board of Examiners is required.

  • Tribal Member means an enrolled member of the Tribe.

  • Junior Member means a registered Member of the Club who is younger than 18 years of age.

  • Faculty member means any person hired by the college or District to conduct classroom or teaching activities or who is otherwise considered by the college to be a member of faculty.