Examples of these Articles in a sentence
Any obligation of a resigning or excluded Member in these Articles and the Organizational Documents which, explicitly or by its nature, should survive resignation or expulsion of membership, will survive any such resignation or expulsion of membership.
The Board may expel a Member by written notice (i) in case a Member (a) fails to pay its membership fees (if any), (b) is in breach of these Articles or the Organizational Documents (defined in article 7), (c) engages in behavior detrimental to the interests of the Association, or (ii) for other good cause, as determined in good faith by the Board.
A Board Member may not have any financial interest personally or as a member of a firm or as a director or senior employee (being an employee with managerial status) in any contract or other transaction of the Organisation unless it is permitted by these Articles and is not prohibited by Clause 5 of the Memorandum.
Unless otherwise required by law or these Articles, resolutions shall be passed and elections shall be made by the absolute majority of all votes present at the General Assembly The chairperson of the meeting will have the casting vote.
In the Articles unless the context otherwise requires: "the Act" Means the Companies Act 2006 including any statutory modification or re-enactment thereof for the time being in force "the Articles" Means these Articles of Association as originally adopted or as altered from time to time.