Successor Member definition

Successor Member means your Spouse or Common-law Partner who has been appointed by you to be the successor holder under the Plan on your death and who is your Spouse or Common-law Partner at the time of your death.
Successor Member means the Member’s Spouse or Common-law Partner who has been appointed by the Member to be the successor holder under the Plan on the death of the Member and who is the Member’s Spouse or Common-law Partner at the time of the death of the Member.
Successor Member has the meaning provided in Clause 16.3.3;

Examples of Successor Member in a sentence

  • It is the intent of the Company that the Member (or the Successor Member) shall be the only member and that only one Membership Interest shall exist at any time.

  • The Member may resign from the Company, effect a partial or complete withdrawal from the Company, or effect a voluntary dissolution or voluntary bankruptcy of the Company only if there is a Successor Member to succeed its interests in the Company.

  • References in this Agreement to the Member shall thereafter be references to the Successor Member and the Successor Member shall be subject to the comparable limitations on Transfer of the Membership Interest and will be bound by the terms of this Agreement.

  • The member of the Member following a Merger, or the transferee corporation following a Reorganizational Exchange (each, as the case may be, the "Successor Member"), shall become the sole owner of the Membership Interest and shall agree to be bound by the terms and conditions of this Agreement.

  • The Successor Member of the last Sempra Member to sell its interest in the Partnership shall succeed to all such rights.


More Definitions of Successor Member

Successor Member has the meaning ascribed to it in clause 3.4; “Supplier” means:
Successor Member means a Member admitted to membership as a person eligible for membership under sub-clause 6.1.2 of Article 6;
Successor Member means an individual who was the spouse of a member of a PRPP immediately before the death of the member and who acquires, as a consequence of the death, all of the member’s rights in respect of the member’s account under the PRPP. For the purposes of the definition of “qualifying survivor” in the first paragraph, a child or grandchild of the member is presumed not to be financially dependent on the member at the time of the death of the member if the child’s or grandchild’s income, for the taxation year preceding the taxation year in which the member died, was greater than the amount determined by the formula in subsection 1.1 of section 146 of the Income Tax Act for that preceding year. History: 2015, c. 21, s. 351; 2019, c. 14, s. 282. TAX
Successor Member is defined in Section 10.4. “Tag-Along Members” is defined in Section 11.1. “Tag-Along Notice” is defined in Section 11.2. “Third Party Claim” is defined in Section 17.6(a).
Successor Member and “Successor Members” have the meaning ascribed thereto in the Recitals of this Agreement.
Successor Member means a person who has been admitted as a Successor Member in accordance with Section 4.4.
Successor Member. ’ means the corporate member in whose favour a participation nomination and/or a second nomination is made, the funds at Lloyd’s of another member are made interavailable , the funds at Lloyd’s of which are made interavailable to another member or which reinsures the open years of another member under a transition arrangement;