DRP Participant definition

DRP Participant means an eligible Unitholder whose Notice to participate in the DRP has been accepted by the Responsible Entity.
DRP Participant means a Shareholder who is not ineligible to participate as determined by rule 1.2 and:
DRP Participant means an Eligible Shareholder:

Examples of DRP Participant in a sentence

  • The DRP applies only in respect of DRP Shares of a DRP Participant on which an Eligible Dividend is payable.

  • A DRP Participant may vary the number of his or her Shares participating in the DRP by giving a Variation Notice to the Share Registry.

  • The Company must establish and maintain a DRP Account for each DRP Participant.

  • The Company takes no responsibility for the taxation liabilities of any DRP Participant.

  • However, the Company does not assume liability for any taxes or other imposts assessed against or imposed on any DRP Participant.

  • DRP Shares mean Shares which are designated by a DRP Participant as Shares that are to participate in this DRP under Rules 4 and 5, and in relation to which an Eligible Dividend is to be applied in subscribing for additional Shares in accordance with these Rules.

  • If at the Record Date for an Eligible Dividend the number of Shares held by the DRP Participant is less than the number of Shares that are DRP Shares of the DRP Participant as determined under Rule 4.1(b)(ii), then only those Shares registered in the name of the DRP Participant on that Record Date are DRP Shares.

  • If the DRP or DRP Rules are varied, then, subject to Rule 8, a DRP Participant is taken to continue to participate in the DRP as varied.

  • Despite anything contained in these Rules, neither the Company nor the Board has any obligation to issue or transfer Shares to DRP Participant if to do so would or might (in the opinion of the Board) result in a breach of the Constitution.

  • If a DRP Participant disposes of all the DRP Participant’s Shares without giving the Share Registry a Variation Notice and is not registered as a holder of any Shares at the Record Date for payment of an Eligible Dividend, the DRP Participant is taken to have ceased participation in the DRP on the last date when the Company registered a transfer of the DRP Participant’s Shares.


More Definitions of DRP Participant

DRP Participant means a Participant who is a current or former Eligible Employee whose benefit under the Qualified Plan is not a Dynegy Portable Retirement Benefit.

Related to DRP Participant

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

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

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

  • 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.

  • Active Participant means a Participant who has satisfied the eligibility requirements under Section 3 and who has at least 1,000 Hours of Service during the current Plan Year. However, a Participant shall not qualify as an Active Participant unless (i) he is in active Service with an Employer as of the last day of the Plan Year, or (ii) he is on a Recognized Absence as of that date, or (iii) his Service terminated during the Plan Year by reason of Disability, death, or Normal Retirement.

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

  • Current Participant means a Class Member who has an Active Account in one or both the Plans as of August 5, 2020.

  • Loan Participant means each Purchaser and its respective successors and registered assigns, including any Certificate Holder.

  • Qualified Participant means any Participant or Former Participant who has completed ten (10) Years of Service as a Participant and has attained age 55.

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

  • Eligible Participant means an employee, officer, consultant or director of the Company or any Affiliate.

  • 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.

  • 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.

  • 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).

  • Terminated Participant means a person who has been a Participant, but whose employment has been terminated other than by death, Total and Permanent Disability or retirement.

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

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

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

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.

  • 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;

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

  • 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.

  • 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:

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

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

  • Market Participant means a Market Buyer, a Market Seller, an Economic Load Response Participant, or all three, except when such term is used in Tariff, Attachment M, in which case Market Participant shall mean an entity that generates, transmits, distributes, purchases, or sells electricity, ancillary services, or any other product or service provided under the PJM Tariff or Operating Agreement within, into, out of, or through the PJM Region, but it shall not include an Authorized Government Agency that consumes energy for its own use but does not purchase or sell energy at wholesale.