Class B Participant definition

Class B Participant means a party that is not a member or an Associate of the Company but has received approval from the Company, subject to the Company’s right to withdraw its approval at any time, to use the qualified matching service to buy or sell Class B Units, subject to the terms of this Policy and the Trading Service Operations Manual of the QMS, as defined below, used by the Company. “Conditional Sales” are sales that are not made on an arm’s length basis between a willing buyer and a willing seller. Historically, conditional sales have been sales substantially below general trading prices between family members, among business associates, to settle estates, and similar transactions.
Class B Participant means a Participant designated as a Class B Participant by the Committee.
Class B Participant means any participant who joined the principal scheme on or after 17th March 1987 and before 1st June 1989 and has not elected to become a Class A participant;

Examples of Class B Participant in a sentence

  • A Class B Participant shall have the right to receive reimbursement for amounts due pursuant to each Specified Cost Section but only to the extent that the related selling Class B Committed Note Purchaser would have had such right absent the sale of the related participation and, with respect to amounts due pursuant to Section 3.8, only to the extent such Class B Participant shall have complied with the provisions of Section 3.8 as if such Class B Participant were a Class B Committed Note Purchaser.

  • This was followed by a sterilisation process which involved sonification in isopropanol, immersion in 0.1-N Nitric acid and exposure to ultra-violet light.

  • Two (2) times Final Annual Base Pay minus fifty thousand dollars ($50,000) in the case of a Class B Participant.

  • If you are a Class B Participant who performs mechanical equipment services, and who has not attained four years of Credited Service under Section 1.06(A) during the first four years of such classification, you shall become a Class A Participant once you complete four (4) consecutive periods (of at least a year) during which you attained a minimum of 1,200 hours of Credited Service during each period.

  • As a Class B Participant who has a home local other than Local 392, you are not eligible to receive any benefits under this Plan until you become a Class A Participant pursuant to Section 1.06(E).

  • If you are a Class B Participant who has a home local other than Local 392, you are not entitled to A&S Benefits until you become a Class A Participant pursuant to Section 1.06(E).

  • When your home local sponsors a supplemental unemployment benefit plan and the trustees of such plan have not entered into a Reciprocal Agreement with the SUB Fund or when your home local does not sponsor a supplemental unemployment benefit plan, Employer Contributions paid on your behalf shall remain in the SUB Fund and you shall be treated as a Class B Participant who has a home local other than Local 392.

  • The Executive shall be a Class B Participant in the Company's SERP.

  • You become a Class B Participant as of the date Employer Contributions are received on your behalf by the Fund Office.

  • If you are a Class B Participant who has a home local other than Local 392, and who has not attained four years of Credited Service under Section 1.06(A) during the first four years of such classification, you shall become a Class A Participant once you complete four (4) consecutive periods (of at least a year) during which you attained a minimum of 1,200 hours of Credited Service during each period.


More Definitions of Class B Participant

Class B Participant means a Participant who is an Executive Vice President.
Class B Participant means a Participant who has been designated by the Administrator to participate in the Class B Participant Program pursuant to Article 4.
Class B Participant. DVL and Pem Mil, together with their permitted successors and assigns.
Class B Participant means a key manager of the Company who became eligible to participate in this Plan prior to January 1, 1998

Related to Class B Participant

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

  • Participants is defined in Section 12.2.1.

  • 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;

  • L/C Participants the collective reference to all the Revolving Lenders other than the Issuing Lender.