DUES, ASSESSMENTS AND FEES Sample Clauses
DUES, ASSESSMENTS AND FEES. If a Member fails to pay any dues, assessments or fees when due and such failure is not cured within thirty (30) days after written notice to the Member by the COMEX Division that such dues, assessments or fees are due, such Member shall be suspended automatically from all rights and privileges of membership. Such suspension shall continue in effect until the failure is cured. The Executive Committee, upon written application received prior to the expiration of such period, may extend the thirty (30) day period, in its sole discretion.
DUES, ASSESSMENTS AND FEES a. The members shall pay annual dues, which annual dues shall initially be $250.00 per Member for the fiscal year beginning September 1, 2001. In its discretion, the Board of Directors may vary the amounts of dues to be paid, both as among Members and among Classes of Members, with such variances being based on various factors, including, but not limited to, relative size of a particular member, geographic locations, ability to pay and other factors that may cause the Board to vary the amounts of dues.
b. The Board of Directors may recommend, from time-to-time, a levy for unforeseen fixed and variable operating and capital costs of the network. The recommendation is subject to Member approval before the levy can be assessed on the membership.
c. The fees paid by Members for use of the Network shall be lower than the fees paid by Affiliate Members and Non-Members, taking into consideration that Members are paying dues and any assessments.
DUES, ASSESSMENTS AND FEES a. Each member shall be assessed an initial membership fee of $20,000, which may be paid by a Member in 10 annual installments of $2,000.00 with the first payment due upon execution of this agreement and each subsequent payment due not later than September 1 of each year thereafter. Should a Member exercise its right to terminate this agreement prior to the expiration of the agreement, any outstanding balance of the initial membership fee shall become immediately due and payable from Member.
b. Any annual dues payable by Member in addition to the initial membership fee shall be set by the Management Committee.
c. The Members shall pay assessments as the Management Committee may from time-to-time levy for fixed and variable operating and capital costs incurred by the Consortium.
DUES, ASSESSMENTS AND FEES. Each Member agrees to pay the annual dues, assessments, or fees established for its membership class, as these may be amended from time to time by the Board of Directors and otherwise following Sections 2.2 and 2.17 of the Bylaws.
1.5.1 The Consortium will issue an initial invoice to the new Member upon approval by the Board of Directors of its complete and signed Agreement according to,
1.5.1.1 If the Effective Date is before July 1st, the initial invoice will be the prorated annual dues for the first year at the chosen membership class.
1.5.1.2 If the Effective Date is July 1st or after, the initial invoice will be the prorated annual dues for the first year plus the full amount for the second year at the same membership class.
1.5.2 Upon payment, membership will be deemed in “good standing” per Sections 2.2 and
DUES, ASSESSMENTS AND FEES a. The Members shall pay annual dues, which annual dues shall be set by the Management Committee and approved by the Members.
b. The Members shall pay assessments as the Management Committee, subject to Member approval, may from time-to-time levy for fixed and variable operating and capital costs of the Network.