Whenever a Member definition

Whenever a Member s interest in the Company changes, such Member's distributive share of income, gain, loss, deduction or credit of the Company shall be determined in accordance with Section 706(d) of the Code and allocated on a daily basis. The Members may revise, alter, or otherwise modify the method of allocation as they determine necessary to comply with Section 706(d) of the Code and regulations or rulings promulgated thereunder.
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Whenever a Member. (“Requesting Member”) requests that the other Member (the “Requested Member”) consent to any action required of the Requested Member under the provisions of this Agreement, notice shall be delivered by the Requesting Member to the Requested Member pursuant to the provisions of Section 11.2 hereof, which notice shall be in writing and shall include (a) a summary of the terms and conditions of the actions requested to be taken by the Requesting Member, (b) a copy of any proposed documentation, including any document to be executed by the Company or the Requested Member in connection therewith, and (c) a notice that conspicuously states that “THIS NOTICE IS BEING PROVIDED TO YOU IN ACCORDANCE WITH THE TERMS OF THE LIMITED LIABILITY COMPANY AGREEMENT OF INLAND DIVERSIFIED WHITE PLAINS CITY CENTER MEMBER, L.L.C.” Notwithstanding the inference from the foregoing provisions to the contrary, the foregoing provisions of this Section 6.1.G shall not be deemed to reduce any specific time periods for notice otherwise expressly set forth in this Agreement.
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Whenever a Member has reason to believe that a prohibited subsidy is being granted or maintained by another Member, such Member may request consultations with such other Member.
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Examples of Whenever a Member in a sentence

  • Whenever a Member is required to provide a notice, “Member” also means the Member’s designee.

  • Whenever a Member believes they have been instructed to perform work under hazardous conditions, such person shall have the right to discuss their concerns with the supervisor.

  • Whenever a Member receives healthcare services outside of the Blue Cross and Blue Shield of Montana service area, the claims for those services may be processed through one of these Inter-Plan Arrangements.

  • Whenever a Member utilizes an Out-of-Area or Out-of-Network Provider, the Member should contact the Plan prior to the receipt of a procedure or Covered Service to confirm the Medical Necessity and Appropriateness.

  • Whenever a Member is purchasing (and not leasing) a product under this contract, title and risk of loss shall pass upon the later of Member’s acceptance of the product or payment of the applicable invoice.

  • Whenever a Member proposes to adopt, modify or revoke a Major Decision, it shall deliver a written notice (a “Major Decision Notice”) to the other Member (i) describing the proposal in sufficient detail and (ii) containing sufficient information to permit the other Member to make an informed decision on the proposal and shall subsequently provide to the other Member such additional information as the other Member may reasonably request.

  • Whenever a Member of Congress attends an event at which there is assigned seating, the Library has the option to seat a Library staff member at the table with the Member or in the same block of seats as the Member.

  • Whenever a Member has reason to believe that a prohibited subsidy is being granted or maintained by another Member, such Member may request consultations with such other Member.

  • Whenever a Member decides to retire pursuant to the retirement laws of Massachusetts (excluding here from any disability retirements), the Committee agrees that it will pay to such Member forty ($40.00) dollars for each day of unused accumulated sick leave in excess of one hundred and eighty (180) days.

  • Whenever a Member is directed by the General Manager to work overtime during a designated emergency or to prepare for the possibility of a work stoppage or whenever a Member is required to remain on duty or on the Department's premises in order to maintain Department operations during a designated emergency or a work stoppage, the Member will be considered to be on duty during all such hours and shall be paid at the rate of time and one-half.