Electing Participant definition

Electing Participant shall have the meaning set forth in Section 6.3 of this Agreement.
Sample 1Sample 2
Electing Participant means any Backstop Participant delivering a Call Participation Notice.
Sample 1Sample 2
Electing Participant has the meaning set forth in Section 3.6(b).
Sample 1

Examples of Electing Participant in a sentence

  • If an Electing Participant or Special Participant terminates employment by reason of death on or before his or her Delayed Effective Retirement Date, but after February 28, 2007, the benefit shall be determined as if he or she had the Delayed Effective Retirement Date on the day before death with any election of an optional form of benefit made by such Electing Participant or Special Participant given effect.

  • If an Electing Participant's or Special Participant’s employment is terminated on or before his or her Delayed Effective Retirement Date by reason of discharge for cause, such Electing Participant or Special Participant shall not be entitled to any benefit computed under this Plan.

  • These additions to Age and Service shall apply for purposes of computing the single life annuity amount with regard to the Electing Participant; for purposes of any actuarial reduction for early commencement; and for purposes of applying the Section 2.08 definition of Effective Retirement Date to this Article V-A.

  • The amount each Electing Participant so elected to convert to cash was credited to the Standard Deferral Account of such Electing Participant under the Deferred Compensation Plan.

  • Each Electing Participant will be obligated to purchase their Pro Rata Portion of the Trust Shares and to pay their corresponding portion of the Call Purchase Price.

  • The Ownership Interest proposed to be transferred by each Majority Seller and Electing Participant shall be transferred free and clear of all liens, claims and encumbrances of any kind (other than those imposed by federal and state securities laws, this Agreement, the LLC Agreement or the Limited Partnership Agreement).

  • The Company will distribute the Tax Distribution to the Electing Participant.

  • Any and all compensation, fees and other expenses of the Advisor shall be paid by the Electing Participants, pro rata, based on the number of shares to be sold by each Electing Participant in a Coordinated Block Trade.

  • If the Electing Participant has elected to receive RSUs, the Electing Participant’s account shall be credited with a whole number of RSUs determined by dividing the amount (expressed in dollars) that is determined under his or her Subscription Agreement by the Cost of a RSU on the Award Date.

  • With respect to each Electing Participant, effective as of April 2, 2007, an amount equal to 90% of the Restructured Amount shall be transferred and credited to a new single Account (a “Restructured Account”) and the remaining portion of the Electing Participant’s Restructured Amount shall be cancelled for no consideration.


More Definitions of Electing Participant

Electing Participant means an Employee who: (1) was a Participant on April 1, 1991 and (2) by an instrument in writing filed with the Administrator no later than August 31, 1991, elects to receive a Lump Sum Payment.
Sample 1
Electing Participant means an Employee who: (1) was a Participant on January 1, 1992, and (2) by an instrument in writing filed with the Administrator no later than May 31, 1992, elects to receive a Lump Sum Payment.
Sample 1
Electing Participant means a Participant who delivers a written notice, electing to have the foregoing provision of this Amendment apply to himself or herself, to the Committee no later than 25 business days after the effective date of this Amendment.
Sample 1
Electing Participant means (i) all Participants with respect to Plan Years ending on or prior to December 31, 1999, (ii) any Participant who elects as provided by the Administrator for the Plan Year ending December 31, 2000 to have contributions made by the Company to the Trust to satisfy the liability of the Company to such Participant under the Plan, and (iii) with respect to each Plan Year commencing after December 31, 2000, any Participant who elects on such person's application for participation for a Plan Year to have contributions made by the Company to the Trust to satisfy the liability of the Company to such Participant under the Plan.
Sample 1

Related to Electing Participant

  • Other Participant means a cooperative project participant other than the United States.

  • Voting Participant has the meaning specified in Section 10.06(d).

  • Participant has the meaning specified in Section 10.06(d).

  • Exchange Participant means (a) the Bank which is a person registered as a China Connect Exchange Participant (as defined in the SEHK China Connect Rules) by SEHK; or (b) where the context requires, any China Connect Exchange Participant (as defined in the SEHK China Connect Rules).

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • Active Participant means, with respect to any day or date, a Participant who is in Service on such day or date; provided, that a Participant shall cease to be an Active Participant (i) immediately upon a determination by the Committee that the Participant has ceased to be an Employee or Independent Contractor, or (ii) at the end of the Plan Year that the Committee determines the Participant no longer meets the eligibility requirements of the Plan.

  • A Participant or beneficiary ("claimant") who has not received benefits under the Plan that he or she believes should be paid shall make a claim for such benefits as follows:

  • Qualified Participant means a Participant who has attained age 55 and who has completed at least 10 years of participation in the Plan.

  • Clearing Participant means a person admitted as a participant under the Clearing Rules.

  • Designated Participant means a key Employee of the Company or any other Participating Company who is designated by the Committee in writing to participate in the Program.

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Reporting Participant means a Participant who is subject to the reporting requirements of Section 16 of the Exchange Act.

  • Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.

  • Eligible Director means a person who is (i) a “non-employee director” within the meaning of Rule 16b-3 under the Exchange Act, and (ii) an “outside director” within the meaning of Section 162(m) of the Code.

  • Study Participant means a person recruited to participate in the Study.

  • L/C Participant shall have the meaning provided in Section 3.3(a).

  • U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • CDS Participant means a broker, dealer, bank or other financial institution or other person for whom, from time to time, CDS effects book entries for the Units deposited with CDS.

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • Eligible Employee means full-time and part-time employees in the bargaining unit who have completed four hundred and fifty (450) hours of service and who are not prohibited from contributing to the Plan by legislation or the Plan rules because of their age or because they are in receipt of a pension from the Plan.

  • Section 162(m) Participant means any key Employee designated by the Administrator as a key Employee whose compensation for the fiscal year in which the key Employee is so designated or a future fiscal year may be subject to the limit on deductible compensation imposed by Section 162(m) of the Code.

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.