Springing Member 1 definition

Springing Member 1 shall be Mxxxxxx X. Xxxxx or any successor to him.
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Springing Member 1 is defined in the introductory paragraph.
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Springing Member 1 and the other shall sign this Agreement as (and thereby be designated as) “Springing Member 2”.
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Examples of Springing Member 1 in a sentence

  • In the event of a vacancy in the position of Springing Member 1 or Springing Member 2, the Member shall, as soon as practicable, appoint a successor Springing Member to fill such vacancy.

  • In order to implement the admission to the Company of the Special Member, each of Springing Member 1 and Springing Member 2 shall execute a counterpart to this Agreement.

  • If, however, at the time of a Member Cessation Event, Springing Member 1 has died or is otherwise no longer able to step into the role of Special Member, then in such event, Springing Member 2 shall, concurrently with the Member Cessation Event, and without any action of any Person and simultaneously with the Member Cessation Event, automatically be admitted to the Company as Special Member and shall continue the Company without dissolution.

  • No resignation or removal of either Springing Member 1 or Springing Member 2, and no appointment of a successor Springing Member, shall be effective unless and until such successor shall have executed a counterpart to this Agreement.

  • The Company shall at all times have a Springing Member 1 and Springing Member 2.

  • Prior to its admission to the Company as Special Member, each person acting as a Springing Member 1 or Springing Member 2 shall not be a member of the Company.

  • Indeed, practitioners were likely already aware of the plethora of widely publicized, objective data showing that race and ethnicity are risk factors for hospitalization and death from COVID-19 prior to the issuance of the DOH Guidance.

  • Prior to its admission to the Company as Special Member, each person acting as Springing Member 1 or Springing Member 2 shall not be a member of the Company.

  • The Company shall at all times have a Springing Member 1 and a Springing Member 2.

  • The purpose of this Agreement is to form SLM Education Credit Funding, LLC (the “Company”) in accordance with the Act and to set out fully the rights, obligations and duties of the Member, Springing Member 1, Springing Member 2, the Managers and the Officers of the Company.


More Definitions of Springing Member 1

Springing Member 1 means WHP Springing Member 1, Inc., a Delaware corporation, together with its successors and permitted assigns.
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Springing Member 1 means Dominic A. Borriello or any other Person executing this Agreement as Sxxxxxxxx Xxxxxx 0.
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Springing Member 1 means Dxxxxxx X. Xxxxxxxxx or any other Person executing this Agreement as Springing Member 1.
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Springing Member 1 shall have the meaning set forth in the preamble to this Agreement.
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Related to Springing Member 1

  • Founding Member means any individual who is either:

  • Continuing Member means a member of the Board of Directors of the Company who either (a) was a member of the Company's Board of Directors on the Effective Date and has been such continuously thereafter or (b) became a member of such Board of Directors after the Effective Date and whose election or nomination for election was approved by a vote of the majority of the Continuing Members then members of the Company's Board of Directors.

  • Exchanging Member means a Member that Exchanges some or all of its Units.

  • 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.

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

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

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

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

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

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

  • 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.

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

  • 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.

  • ☐ - 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).

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

  • Redeeming Member has the meaning set forth in Section 11.01(a).

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

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

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

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

  • Selling Member has the meaning set forth in Section 10.5(a).

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

  • Full Member means any person who is in one of the categories of membership referred to in Rule 10.2.

  • 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.

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

  • Panel Member ’ means a member of a panel;