First Tier definition

First Tier subcontract means a subcontract awarded directly by the Contractor for the purpose of acquiring supplies or services (including construction) for performance of a prime contract. It does not include the Contractor's supplier agreements with vendors, such as long-term arrangements for materials or supplies that benefit multiple contracts and/or the costs of which are normally applied to a Contractor's general and administrative expenses or indirect costs.

First Tier means a First-Tier student has accumulated up to and including 30 semester or 45 quarter Attempted-Hours.

First Tier with respect to any Subsidiary of the Borrower, the ---------- direct ownership by the Borrower of such Subsidiary's capital Stock.

Examples of First Tier in a sentence

• If and while payments of First Tier Distributions or Second Tier Distributions as defined and provided for in Section 15.2 below are not current, then payments of the General Partner Home Builder Expense Reimbursement shall be deferred until such First and Second Tier Distributions are current.

• In the case of the SPV, no transaction contemplated hereby or by the First Tier Agreement requires compliance with any bulk sales act or similar law.

• Notwithstanding the foregoing, no payment of interest on any such loan from the General Partner shall be paid by the Partnership if and while payments of First Tier Distributions as defined and provided for in Section 15.2 below are not current, and no repayment of principal shall be made to the General Partner for any such loan if and while payments of First Tier Distributions or Second Tier Distributions as defined and provided for in Section 15.2 below are not current.

• If Thermo Electron does receive such notice of objection, then Thermo Electron's guarantee shall not be subject to the indemnification obligations of the First Tier Majority Owned Subsidiary set forth above in this Section 3(a).

• If and to the extent Net Cash Receipts after payment of First Tier Distributions are insufficient to pay such Second Tier Distributions at each such closing, such Second Tier Distribution shall not be waived and shall be paid as soon as Net Cash Receipts are sufficient after payment of First Tier Distributions.

More Definitions of First Tier

First Tier includes formulary low cost generic prescription drugs, which require the lowest copayment. Second Tier: includes formulary high cost generic prescription drugs and preferred brand name prescription drugs, which require a higher copayment. Third Tier: includes formulary non-preferred generic and non-preferred brand name drugs which require a higher copayment than the Second Tier.

First Tier being given the most weight and those factors under the heading “Third Tier” being given the least weight in such determination.

First Tier means suppliers/distributors directly appointed by the manufacturer.

First Tier arrangements are defined as situations in which Amdocs directly contracts with Certified Diverse Suppliers for goods and services directly used in meeting the requirements of Sprint contained in the Agreement.

First Tier entity means any party that enters into a written arrangement, acceptable to CMS, with an MA organization or applicant to provide administrative services or health care services for a Medicare eligible

First Tier means that area extending landward from the outer limit of the territorial sea, including all offshore islands and cays, to distances inland as specified in the maps incorporated by reference in section 908, subsection (a) of this chapter.

First Tier means the first tier of listing. Floor Trader; shall mean a natural person permitted by the Council to exclusively trade on behalf of the LDM after having passed the Induction Course organized by the Exchange.