Spectra Member definition

Spectra Member means collectively Spectra Energy DEFS Holding, LLC, a Delaware limited liability company and Spectra Energy DEFS Holding Corp, a Delaware corporation or any wholly owned Subsidiary of Spectra admitted as a substitute member pursuant to Section 5.4; provided that in the event a Spectra Member transfers less than all of its Company Interest to a wholly owned subsidiary of Spectra pursuant to Section 5.4, then “Spectra Member” shall be deemed to include both such Spectra Member and such wholly owned subsidiary of Spectra, to the extent applicable; provided, however, that in no event shall the Spectra Members collectively own more than a 50 percent Percentage Interest.
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Spectra Member shall have the meaning set forth in the preamble.
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Examples of Spectra Member in a sentence

  • The Spectra Member shall appoint two voting Directors (the “Spectra Directors”).

  • The Company shall defend, indemnify and hold each Member and each Member’s owners, up to and including such Member’s Parent (including Xxxxxxxx 66 as long as the Xxxxxxxx Member is Controlled by Xxxxxxxx and Spectra Energy Corp as long as the Spectra Member is Controlled by Spectra Energy Corp) harmless from and against any Claims brought against that Member, its Parent, or any intermediary parent companies of such Member, solely as a result of the Member’s ownership in the Company.

  • The Capital Accounts of the Members as of the First Amendment Date equaled (i) in the case of DCP Member $225,200,000 (after the reduction for the amount of the $450,400,000 cash distribution by the Company to the DCP Member on the First Amendment Date), (ii) in the case of Spectra Member $225,200,000, and (iii) in the case of Xxxxxxxx Member $225,200,000.

  • The Company shall defend, indemnify and hold each Member and each Member’s owners, up to and including such Member’s Parent (including Xxxxxxxx 66 as long as the Xxxxxxxx Member is Controlled by Xxxxxxxx 66 and Spectra Energy Corp as long as the Spectra Member is Controlled by Spectra Energy Corp) harmless from and against any Claims brought against that Member, its Parent, or any intermediary parent companies of such Member, solely as a result of the Member’s ownership in the Company.

  • The Capital Accounts of the Members as of the First Amendment Date equaled (i) in the case of DCP Member $217,433,333 (after the reduction for the amount of the $434,866,666 cash distribution by the Company to the DCP Member on the First Amendment Date), (ii) in the case of Spectra Member $217,433,333, and (iii) in the case of Xxxxxxxx Member $217,433,333.

Related to Spectra Member

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

  • 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.

  • Member Company means a “service recipient” as defined in Treasury Regulation § 1.409A-1(h)(3).

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

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

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

  • crew member means a person assigned by an operator to duty on an aircraft during a flight duty period;

  • Member means a member of the Board;

  • Non-Managing Member means any Member other than the Managing Member.

  • Lead Member shall, in the case of a joint venture, mean the member of such joint venture who shall have the authority to bind the contractor and each member of the Joint venture; and shall be deemed to be the Contractor for the purposes of this Agreement; the Lead Member shall itself undertake and perform at least 51% (fifty one per cent) of the total length of the Project Highway;

  • Panel Member ’ means a member of a panel;

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

  • Tribal Member means an enrolled member of the Tribe.

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

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

  • Founding Member means any individual who is either:

  • Team Member means an individual who is allowed to access the Cloud Service but is only granted membership in groups associated with “Team Member” permissions for the Cloud Service.2

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

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

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

  • 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.