Unit Participation means the ratio of the surface acreage of a specific tract in the unit area to the total surface acreage of the unit area as that total surface acreage is specified in paragraph one of the Plan for Unit Operations of this order.
Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.
Active participation means an ongoing process of good faith negotiation between the state licensing agency and the Indiana elected committee of licensed managers to achieve joint planning of:
Participation Interest means the purchase by a Lender of a participation interest in Letters of Credit as provided in Section 2.2 and in Swingline Loans as provided in Section 2.3.
Participations shall have the meaning set forth in Section 13.1 hereof.
L/C Participation Fee shall have the meaning assigned to such term in Section 2.05(c).
Participation Advance shall have the meaning set forth in Section 2.12(d).
Participation Fee means the amount payable by the Participant to the Council for the right to participate in the Hong Kong Pavilion at the Exhibition, as specified in Section I of the Application Form.