Unfinancial Member definition

Unfinancial Member means a member whose annual subscription or any levy or other sum payable by him to the Association has been due for payment for more than two months and has not been paid.
Unfinancial Member means a Member who is in default of a financial obligation (including the payment by the due date of Membership Fees) to the Company.
Unfinancial Member means a Member who is in arrears with his/her Membership Fees.

Examples of Unfinancial Member in a sentence

  • If a Member fails to pay any subscription, fee or levy imposed against it by the relevant due date, they shall be deemed an "Unfinancial Member".

  • If a Member fails to pay any subscription, fee or levy imposed against it by the relevant due date, they will be deemed an "Unfinancial Member".

  • Striking Off Unfinancial Member - The Board may give notice in writing to any Unfinancial Member requiring them to pay any arrears of subscriptions or other moneys due by them to the Company within thirty (30) days from the date of such notice and if payment thereof shall not be made in terms of the notice, the Board may at its option expel any such Member by striking their name from the register of Members.


More Definitions of Unfinancial Member

Unfinancial Member means a Member who is in default of a financial obligation (including the payment by the due date of Membership Fees) to the Society but does not include a Member whose Application for Relief has been approved by the Board and the Member has complied with the relief granted.
Unfinancial Member means a natural person or Corporation admitted to membership of the Association who/which has not paid all fees due at that time;
Unfinancial Member means a member who is in arrears more than six months with contributions or with any fees fines levies or dues imposed in accordance with these rules and "unfinancial" has a corresponding meaning.
Unfinancial Member means a Member which has been declared unfinancial by the Board
Unfinancial Member means a Member who has not paid Subscription Fees and is ineligible to vote; and
Unfinancial Member means a Member who has not paid all subscriptions and / or monies then due and payable..
Unfinancial Member means a Member who is in arrears of payment of any annual membership subscription or other fee or levy due for payment by the Member to the Association, or any part of a subscription, fee or levy, unless with the approval of the Board.