Transferring Members definition

Transferring Members has the meaning set forth in Section 11.5(e).

Transferring Members means the employees and former employees (and those entitled through them, including pension credit members) of a probation trust (or its predecessor local probation boards or probation committees) who are the subject of the changes of Scheme employer and appropriate administering authority referred to in paragraph (1) and any persons specified in accordance with regulation 3A(5)(d) or (e) (civil servants etc engaged in probation provision) as a person to whom regulation 3A(5) applies;

Transferring Members means persons who were reported as Full Members in the last Annual Return of the Disbanding Branch and who remained Full Members of that Branch as at the date of giving notice to the National Executive Committee pursuant to Rule 22.3 (22.3)

Examples of Transferring Members in a sentence

• The Managing Member shall effect the purchase of the Transferring Member's Membership Shares, including payment of the purchase price, not more than thirty (30) days after delivery of the Managing Member Notice, and at such time the Transferring Member shall sell to the Company the Membership Shares free and clear of any liens or encumbrances and shall execute such documentation as the Managing Member may reasonably propose in connection with such sale.

• Upon the acceptance by all or some of the non-transferring Members of the Transferring Member's offer, the transfer of the Offered Interest from the Transferring Member to the purchasing Member(s) (the "Purchasing Member(s)") shall be closed and consummated in the principal office of the Company, on or before 11:00 A.M. local time on the ninetieth (90th) day following the Notice Date (or, if such day is not a business day, the business day next following such day).

• The Transferring Member, prior to making any proposed transfer of all or any part of such Transferring Member's Membership Interest in the Company, shall first give written notice to the other Members of the proposed transfer and the terms of the proposed transfer (such notice being hereinafter referred to as the "First Offer Notice").

• In the event the Transferring Member fails, prior to such date, to consummate such proposed transfer, then prior to any subsequent transfer of all or any part of the Transferring Member's Interest in the Company, the Transferring Member shall be required to give the Members Notice thereof, and the right of first refusal provisions described in this Section 8.4 shall again be exercisable with respect thereto.

• The Non-Transferring Members shall have sixty (60) Days from the date of their receipt of the RoFR Notice (the "RoFR Period") to elect to purchase all and not less than all of the Transferring Member's Membership Interest for the price upon which said Third-Party Purchaser is willing to pay for said Membership Interest.

More Definitions of Transferring Members

Transferring Members those of the Relevant Employees:

Transferring Members those Transferring Employees who join the Transferee Scheme on the Pension Transfer Date and who elect that their accrued rights under the GEC Scheme are transferred to the Transferee Scheme who are still in the service of a UK Pensions Company at the time of such election.

Transferring Members means those Pensionable Employees who within 30 days before the Transfer Date:

Transferring Members contributions shall be treated as member contributions in the Buyer's Plan and there shall be no refund of those contributions on subsequent cessation of service or membership except where a refund is not prohibited by Inland Revenue restrictions or the preservation requirements in force under the Xxxxxxx Xxxxxxx Xxx 0000.

Transferring Members means those NHS Participant Employees who become members of the Broadly Comparable Scheme pursuant to paragraph 2.7.1 of Section 1 (General) of Schedule Part 16 (Transfer of Employment and Pensions) and who elect to a transfer from the NHS Pension Scheme to the Broadly Comparable Scheme pursuant to paragraph 2.1 in respect of their pensionable service accrued in (or credited in) the NHS Pension Scheme before the Transfer Date and do not, prior to the Pension Payment Date, withdraw such election or become entitled to the payment of immediate benefits under the NHS Pension Scheme

Transferring Members means those MGT/IST Group Employees whose accrued rights in the Applicable Arrangements in respect of service before the Completion Date are transferred to the Purchaser under this Agreement.

Transferring Members. Those Relevant Members who remain in pensionable service under the Vendors' Scheme until the Scheme Transfer Date and, for the avoidance of doubt, shall include such members who cease to be active members of the Readicut International Executive Pension Scheme during the Interim Period but who become members in pensionable service of the Readicut International Pension Fund also during the Interim Period and who consent in writing in a form acceptable to the Vendors and the Purchasers to join the Purchaser's Scheme and within the period of 1 month after the Scheme Transfer Date consent in writing to the transfer of their benefits from the Vendors' Scheme to the Purchaser's Scheme and in respect of whom scheme assets and appropriate liabilities for past service benefits are transferred from the Vendors' Scheme to the Purchaser's Scheme in pursuance of this Schedule 8.