Exclusion of a Member Clause Samples

The Exclusion of a Member clause defines the process and conditions under which a member can be removed from an organization, partnership, or group. Typically, this clause outlines the grounds for exclusion, such as misconduct, breach of agreement, or failure to fulfill obligations, and describes the procedure for making such a decision, which may involve a vote or formal notice. Its core function is to provide a clear and fair mechanism for removing members whose continued participation may be detrimental to the group, thereby protecting the integrity and effective operation of the organization.
Exclusion of a Member. The Steering Committee may decide by a Qualified Majority to exclude a Member with immediate effect in the event of a material breach of this Agreement, including a breach of the confidentiality provisions of this Agreement, or if the Member is in Default and such Default has not been cured as specified in Article 5.9 below.
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Exclusion of a Member. The exclusion of a Member may be decided by the General Assembly in conformity with this Consortium Agreement. The exclusion of a Member has the same consequences as a withdrawal.
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Exclusion of a Member. 19.1 In the event that a Member does not fulfil its financial obligations or does not abide by any arbitration ruling as described in the Internal Rules of Administration, the General Assembly may decide to exclude that Member in accordance with Article 11.7c. 19.2 Notwithstanding its exclusion, all liabilities and obligations incurred prior to its exclusion shall remain the responsibility of the excluded Member. The said Member shall continue to be liable for its financial obligations for the current financial year.
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Related to Exclusion of a Member

  • Dissociation of a Member The withdrawal, resignation, retirement, disability, expulsion, or bankruptcy of a member will terminate the membership of the member in the Company. Such a member will be deemed a “dissociated member.”

  • Liability of a Member The liability of each Member shall be limited as provided in the Delaware Act and as set forth in this Agreement. No Member shall be obligated to restore by way of Capital Contribution or otherwise any deficits in its Capital Account (if such deficits occur).

  • Admission of Additional Members One or more additional members of the Company may be admitted to the Company with the written consent of the Member.

  • Admission of Member The Member is deemed admitted as the Member of the Company upon its execution and delivery of this Agreement.

  • Withdrawal of a Member For purposes of this Agreement, a “Withdrawn Member” is a member who is bankrupt, has resigned, or has retired (a “Withdrawal Event”). Upon a Withdrawal Event, the Withdrawn Member or any successor in interest to the Withdrawn Member shall become an Assignee of the Withdrawn Member’s Membership Interest in the Company.