Each Principal definition

Each Principal means one or more firms or corporations under the same management or control, or one or more persons or entities for whom bonds were executed in reliance upon the indemnity of the same person, firm or corporation, or in reliance upon the indemnity of a related group of persons, firms or corporations.
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Each Principal means one or more firms or corporations under the same management or control, or one or more persons or entities for whom bonds were executed in reliance upon the indemnity of the same person, firm or corporation, or in reliance upon the indemnity of a related group of persons, firms or corporations. Surety Excess of Loss Effective: January 1, 2005 Page 3 of 15 (Revised - 5/10/05)
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Examples of Each Principal in a sentence

  • Each Principal has assigned and transferred to a Group Company any and all of his/her Intellectual Property related to the Business.

  • Each Principal Stockholder acknowledges that he or she has had an opportunity to be advised by counsel of his or her choosing with regard to this Agreement and the transactions and consequences contemplated hereby.

  • Each Principal Stockholder further acknowledges that he or she has received a copy of the Merger Agreement and is familiar with its terms.

  • Each Principal Stockholder shall have executed and delivered to APP the Indemnification Agreement in substantially the form of Exhibit D.

  • Each Principal Domestic Subsidiary is validly existing in good standing under the laws of its state of incorporation.

  • Each Principal Subsidiary and each Restricted Affiliate is duly incorporated, validly existing and in good standing in the jurisdiction of its incorporation.

  • Each Principal Project Contract in effect on each date when this representation and warranty is made or deemed made is in full force and effect and all conditions precedent to the obligations of the respective parties under each such Principal Project Contract have been satisfied.

  • Each Principal Responsible Attorney hereby covenants not to make any misrepresentation with respect to the Settlement Program or the terms and conditions of this Agreement to any Person, for example by leading Persons who are not Eligible Claimants to believe that they are, or may become, eligible to receive any Settlement Award Payment under the Settlement Program.

  • Each Principal Holding Company is in good standing (or equivalent status in the relevant jurisdiction) in each jurisdiction.

  • Each Principal Shareholder, acting solely in its capacity as a holder of Principal Shareholder Shares and not as a director of the Company or in any other capacity, hereby, severally and not jointly with any other Principal Shareholder, represents and warrants to Parent and Acquisition Corp.

Related to Each Principal

  • The Principal means the Principal of the College, or the Principal’s authorised representative.

  • Periodic Principal means, with respect to any Payment Date, the excess, if any, of the Outstanding Amount of Securitization Bonds over the outstanding principal balance specified for such Payment Date on the Expected Amortization Schedule.

  • Monthly Principal is defined in Section 4.1(d).

  • Note A-2 Principal Balance” set forth on the Mortgage Loan Schedule, less any payments of principal on Note A-2 received by the Note A-2 Holder or reductions in the principal balance thereof pursuant to Section 3 or 4, as applicable.

  • Liquidation Principal The principal portion of Liquidation Proceeds received with respect to each Mortgage Loan which became a Liquidated Mortgage Loan (but not in excess of the principal balance thereof) during the Prior Period.