![]() Initial Members means those Persons listed on Schedule A hereto as Initial Members as of the date hereof. Initial Member has the meaning set forth in the introductory paragraph. Membership Fee means the membership fee which the Core Member (or, in case of juvenile, through his or her legal parent or legal guardian) shall remit to the Company for enrollment of the Membership, which is to be discussed more particularly in detail under Clause 5.1. More Definitions of Initial Membership FeeĪnnual Membership Fee shall have the meaning specified in the Credit Card Agreement applicable to each Account for annual membership fees or similar terms. The Board shall set each Annual Fee in an amount not to exceed the Initial Membership Fee or Subsequent Membership Fee, as the case may be, paid by the respective Member however, the Board may adjust the Annual Fee each Fiscal Year to reflect changes in the Consumer Price Index. Prior to and for a period of sixty days after the Effective Date (hereinafter the “Initial Membership Period”), an eligible public agency may become an initial Member of the Authority as follows: (1) delivering to the Authority’s Secretary a duly approved and executed copy of this Agreement and (2) paying the Initial Membership Fee as specified in Section 5.01(a). The Board shall determine the amount of each Subsequent Membership Fee, but in no event shall it be less than the Initial Membership Fee the public agency would have been required to pay to become a Member within the Initial Membership Period. ![]() In addition, each Member shall receive, upon acceptance for Membership and payment of the Initial Membership Fee and other required fees, Membership Cards for the Member and his or her family, if applicable. OL Groupe reaped the benefits of price optimisation and yield management at the Gerland stadium.Īn Honorary Member shall not be required to pay an Initial Membership Fee or any dues, assessments (in accordance with Article Twelve) or food and beverage minimums, but shall be required to pay separately charged facility usage fees, such as cart usage fees, golf guest fees for themselves and their guests, and pro-shop fees, and charges for the consumption of food, beverages, merchandise and similar items. To become a Member of the Authority within the Initial Membership Period, each eligible public agency shall pay an Initial Membership Fee as specified below (each such fee, as applicable, the “ Initial Membership Fee”). Membership in the Program becomes effective only when the Membership Application is accepted by WorldVentures, the Initial Membership Fee and the first Monthly Membership Fee is paid and received by WorldVentures, and on your first visit to the Web Site you have accepted the Terms and Conditions of Membership. You confirm that you understand and agree that the transaction contemplated by this purchase consists of the Initial Membership Fee and the recurring Monthly Membership Fee until the Membership is cancelled by notice in writing in accordance with these Terms and Conditions. You further agree that, except in accordance with these Terms and Conditions, you will not be eligible for a full or partial refund of your Initial Membership Fee and Monthly Membership Fees as a result of your non-use of any of the Benefits of the Program. ![]() ![]() “ A key factor in our decision was the speed with which fulfils the transfer of funds to our representatives no matter where they are in the world, and no matter the currency they require.Examples of Initial Membership Fee in a sentence “ WorldVentures wanted the most flexible, robust, full-featured eWallet solution on the market,” said Kyle Lowe, WorldVentures vice president of international. i-Payout provides eWallet solutions in around 240 countries through a network of 140 banks and processing relationships. They also have access to reloadable prepaid cards which can be used at ATMs or to make purchases globally. Through the i-Payout pay-in-payout platform, WorldVenture’s reps, in 21 markets worldwide, will be able to access their funds online or through their mobile phone 24/7. WorldVentures, a Texas based lifestyle company in the leisure travel industry, is employing for the global payment processing of incoming payments, commission payment distribution and prepaid card services for its representatives. International Payout Systems, a global pay-in-payout solution provider, is to provide payment processing services to WorldVentures’ representatives around the world ( view press release). ![]()
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