Principal Membership Clause Samples

Principal Membership a) Principal members are fully invested in the extension and longevity of the IFC Schema and its supporting tools and technology for implementation by vendors on building and infrastructure projects. This membership category aligns financial support and in-kind resources to contribute directly to the creation and sustainability of international open standards. b) Principal Members have (i) full voting membership rights on the Standards Committee with each Principal Member having 1 (one) vote; (ii) voting rights in the Standards Committee Technical Executive through an appropriate expert and (iii) membership rights in 1 (one) Chapter.
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Principal Membership. A person who is at least 45 years old may be admitted as a member by submitting a written application, a subscription for the purchase of shares of the Co-op (which must not be less than one share), and any required payment for shares, each as set by the membership at a general meeting from time to time.
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Related to Principal Membership

  • Initial Members The initial members of the LLC, their initial capital contributions, and their percentage interest in the LLC are: Initial Percentage Interest Capital Members in LLC Contribution

  • Initial Member (a) The name, address and initial Membership Interest of the initial Member is as follows: BR C▇▇▇▇▇▇ DFW Portfolio JV, LLC 100% c/o Bluerock Real Estate, L.L.C. 7▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ (b) The Member was admitted to the Company as a member of the Company upon its execution of a counterpart signature page to this Agreement.

  • Professional Memberships Each employee is eligible for reimbursement for membership fees or dues paid for the maintenance of a license required to perform employee’s job and for dues paid for membership in one additional job related professional association.

  • New Members No person may be admitted as a member of the Company without the approval of the Member.

  • Management Members and Shares 8 2.1 Rights and Duties of the Manager. 8 2.2 Officers 9 2.3 Members. 9