Transferred Members definition

Transferred Members means all beneficiaries under the Transferring Scheme.
Sample 1Sample 2Sample 3
Transferred Members means those members, former members and persons entitled to a payment from a pension fund whose benefits are subject to a transfer of assets and liabilities in accordance with Part VI(C) of these regulations;
Sample 1Sample 2Sample 3
Transferred Members means members, previously of a valuation tribunal, who have been transferred to the Valuation Tribunal for England on 30 September 2009 in accordance with regulations made under section 220(2) and 3(a) of the Local Government and Public Involvement in Health Act 2007.
Sample 1

Examples of Transferred Members in a sentence

  • Within ten (10) Business Days following each calendar month that ends during the Transition Period, United shall (i) prepare a report setting forth the number of Members who became Transferred Members during the preceding quarter (each a “Transition Report”) and (ii) deliver such Transition Report to Seller.

  • The foregoing provisions are applicable only to Workers who became Transferred Members after December 31, 1976.

  • Entry Age Normal Accrued Liabilitya) Active Members [(1a) - (2) - (3)] $ 209,955,787b) Transferred Members (1b)23,476,142c) Terminated Members (1c)13,166,269d) Members and Beneficiaries Receiving Payments (1d) 355,941,980 e) Total$ 602,540,1785.

  • Transferred Members will have the option of protecting any vacation time scheduled prior to notification of the transfer.

  • For Kraft Transferred Members, Earnings shall include earnings as that term is defined under the Kraft Salaried Plan immediately prior to the Effective Date.

  • The formulae in this Article 3 are used in the calculation of the annual retirement income in respect of Kraft Transferred Members and certain Kraft Prior Plan Members who are DB Members, and the amount derived therefrom is the basis on which the actual amount of retirement income shall be determined in accordance with the applicable provisions of the Plan.

  • Within ten (10) Business Days following each calendar month that ends during the Transition Period, United shall (i) prepare a report setting forth the number of Members who became Transferred Members during the preceding quarter (each a “Transition Report”) and (ii) deliver such Transition Report to the Administrator.

  • The Hourly Pension Asset Transfer Amount shall be equal to 0.96 or the solvency ratio of the Hourly Pension Plan, if greater, multiplied by the solvency liabilities in respect of the Transferred Members as at the Closing Date.

  • Effective as of the date following the Cessation Date, Company shall cause Transferred Members to become members of the Successor Plan.

  • Upon the completion of the transfer of assets, the DC Account shall include the assets transferred from the defined contribution accounts under the Kraft Plan for Kraft Transferred Members.


More Definitions of Transferred Members

Transferred Members means the members referred to in section 96.
Sample 1
Transferred Members means the individuals who are members of the single employer pension plan immediately before the effective date of the transfer of assets described in this section to the jointly sponsored pension plan. (“participants transférés”) 2014, c. 7, Sched. 26, s. 12.
Sample 1
Transferred Members shall be those Members who are enrolled in Buyer's Medicaid Plan as a result of consummation of the Transaction.
Sample 1
Transferred Members has the meaning set out in Section 10.5(b).
Sample 1
Transferred Members means those members, former members and persons entitled to a payment from a pension fund that are affected by the transfer and for whose accrued benefits in whole or in part the successor employer has assumed responsibility.
Sample 1

Related to Transferred Members

  • Class B Members means the Members holding Class B Units.

  • Other Members has the meaning specified in the recitals to this Agreement.

  • Transferred Interests has the meaning set forth in the Recitals.

  • Class B Membership Interest means a Class B Membership Interest in Holdings.

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Class A Members means those Members who have purchased Class A Interests.

  • 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.

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.

  • Class A Membership Interest means a Class A Membership Interest in Holdings.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Participating Entities and “Participating Entity” are defined on the Coversheet.

  • New Members As Defined By the Public Employees’ Pension Reform Act of 2013 (PEPRA)

  • Transferred Interest means, at any time of determination, an undivided percentage ownership interest in (i) each and every then outstanding Receivable, (ii) all Related Security with respect to each such Receivable, (iii) all Collections with respect thereto, and (iv) other Proceeds of the foregoing, which undivided ownership interest shall be equal to the Aggregate Percentage Factor at such time, and only at such time (without regard to prior calculations). The Transferred Interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, shall at all times be equal to the Transferred Interest in each other Receivable, together with Related Security, Collections and Proceeds with respect thereto. To the extent that the Transferred Interest shall decrease as a result of a recalculation of the Aggregate Percentage Factor, the Administrative Agent on behalf of the applicable Class Investors shall be considered to have reconveyed to the Transferor an undivided percentage ownership interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, in an amount equal to such decrease such that in each case the Transferred Interest in each Receivable shall be equal to the Transferred Interest in each other Receivable.

  • Membership Interests has the meaning set forth in the recitals.

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

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Team Members means the members of the Team, jointly and severally;

  • Member Interest means an equity interest of a Member in the Company and includes any and all benefits to which such Member is entitled as provided in this Agreement, together with all obligations of such Member pursuant to the terms and provisions of this Agreement.

  • Members means the persons who are duly registered as the holders from time to time of shares in the register including persons who are jointly so registered.

  • Preferred Member means a Member holding Preferred Units.

  • Economic Interest Owner means the owner of an Economic Interest who is not a Member.

  • Membership Interest means a Member’s entire interest in the Company including such Member’s right to receive allocations and distributions pursuant to this Agreement and the right to participate in the management of the business and affairs of the Company in accordance with this Agreement, including the right to vote on, consent to, or otherwise participate in any decision or action of or by the Members granted pursuant to this Agreement.

  • transferred vote means a vote derived from a ballot document on which a second or subsequent preference is recorded for the candidate to whom that ballot document has been transferred, and

  • Initial Members means those Persons whose names are set forth in the first sentence of this Agreement. A reference to an “Initial Member” means any of the Initial Members.

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

  • Members’ Percentage Interests means the ownership percentage interests as mentioned in Section I of this Agreement. During each fiscal year, the net profits and net losses of the Company (other than from capital transactions), and each item of income, gain, loss, deduction, or credit entering into the computation thereof, shall be credited or charged, as the case may be, to the capital accounts of each Member(s) in proportion to the Members' Percentage Interests. The net profits of the Company from capital transactions shall be allocated in the following order of priority: (a) to offset any negative balance in the capital accounts of the Member(s) in proportion to the amounts of the negative balance in their respective capital accounts, until all negative balances in the capital accounts have been eliminated; then (b) to the Member(s) in proportion to the Members’ Percentage Interests. The net losses of the Company from capital transactions shall be allocated in the following order of priority: (a) to the extent that the balance in the capital accounts of any Member(s) are in excess of their original contributions, to such Member(s) in proportion to the excess balances until all such excess balances have been reduced to zero; then (b) to the Member(s) in proportion to the Members’ Percentage Interests. The cash receipts of the Company shall be applied in the following order of priority: (a) to the payment of interest or amortization on any mortgages on the assets of the Company, amounts due on debts and liabilities of the Company other than those due to any Member(s), costs of the construction of the improvements to the assets of the Company and operating expenses of the Company; (b) to the payment of interest and establishment of cash reserves determined by the Member(s) to be necessary or appropriate, including without limitation, reserves for the operation of the Company’s business, construction, repairs, replacements, taxes and contingencies; and (d) to the repayment of any loans made to the Company by any Member(s). Thereafter, the cash receipts of the Company shall be distributed among the Member(s) as hereafter provided. Except as otherwise provided in this Agreement or otherwise required by law, distributions of cash receipts of the Company, other than from capital transactions, shall be allocated among the Member(s) in proportion to the Members’ Percentage Interests. Except as otherwise provided in this Agreement or otherwise required by law, distributions of cash receipts from capital transactions shall be allocated in the following order of priority: (a) to the Member(s) in proportion to their respective capital accounts until each Member(s) has received cash distributions equal to any positive balance in their capital account; then (b) to the Member(s) in proportion to the Members' Percentage Interests. It is the intention of the Member(s) that the allocations under this Agreement shall be deemed to have “substantial economic effect” within the meaning of Section 704 of the Internal Revenue Code and Treas. Reg. Section 1.704-1. Should the provisions of this Agreement be inconsistent with or in conflict with Section 704 of the Code or the Regulations thereunder, then Section 704 of the Code and the Regulations shall be deemed to override the contrary provisions thereof. If Section 704 of the Regulations at any time require that limited liability company operating agreements contain provisions which are not expressly set forth herein, such provisions shall be incorporated into this Agreement by reference and shall be deemed a part of this Agreement to the same extent as though they had been expressly set forth herein.