Initial Ownership Program definition

Initial Ownership Program means the program primarily described in Article V hereof.
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Examples of Initial Ownership Program in a sentence

  • An Initial Ownership Program Participant who does not submit a properly completed Participant’s Election Form (within the time period required by the Administrator) to elect to participate in the ISOP or does not meet Initial Ownership eligibility requirements shall not be eligible for the Initial Ownership Credit, but may be allowed to elect to participate in the other portions of the ISOP in accordance with its terms.

  • The Initial Ownership Program Participant’s participation in the Initial Ownership Program shall end on the December 31 first preceding the date the Initial Ownership Credit is posted to his or her Matching Account.

  • The provisions of this Article XI shall not apply to the Initial Ownership Program.

  • The provisions of this Article IV shall not apply to the Initial Ownership Program.

  • Participation in the Initial Ownership Program does not give any Participant the right to be credited with the one-time Initial Ownership Credit or any portion thereof unless the Participant satisfies all the Initial Ownership Credit eligibility requirements described in Section 3.3.

  • Under the New Horizon Enhancement, such percentage shall be increased and shall be equal to twenty percent (20%) of the Initial Ownership Program Participant’s FYCW, not to exceed a cap of $36,000.

  • Notwithstanding the foregoing, subject to Section 3.3 of the ISOP, each Agent Participant contracted as of December 31, 2009 and participating in the Initial Ownership Program during the New Horizon Period (as defined in Section 1.34 of the ISOP) will continue to receive the New Horizon Enhancement (as defined in Section 1.34 of the ISOP).

  • The Administrator shall also make available to each Initial Ownership Program Participant who has not yet completed the Initial Ownership Credit eligibility requirements described in Section 3.3 with monthly statements reflecting the Initial Ownership Program Participant’s then current potential Initial Ownership Credit Amount based on FYCEs earned by such Initial Ownership Program Participant from the date he or she first contracted with the Participating Agency to the date of the statement.

  • Subject to Section 3.4, an employee of an Employer shall become eligible for participation in the ISOP (other than the Initial Ownership Program) after completion of one (1) full Calendar Year of continuous employment following such time as the employee is designated as eligible to participate in the ISOP by HealthMarkets, the Administrator or the Plan Administrative Committee.

  • The Administrator shall also make available to each Initial Ownership Program Participant who has not yet completed the Initial Ownership Credit eligibility requirements described in Section 3.3 with monthly statements reflecting the Initial Ownership Program Participant’s then current potential Initial Ownership Credit Amount based on FYCWs earned by such Initial Ownership Program Participant from the date he or she first contracted with the Participating Agency to the date of the statement.

Related to Initial Ownership Program

  • Initial Owners means, with respect to Borrower or any other entity, the persons or entities who on the date of the Note own in the aggregate 100% of the ownership interests in Borrower or that entity.

  • Award Transfer Program means any program instituted by the Committee which would permit Participants the opportunity to transfer any outstanding Awards to a financial institution or other person or entity approved by the Committee.

  • Commissioning Date means that date when construction of the contemplated Project is complete, and the Maintenance Term commences;

  • substantial owners means any individuals entitled to more than 10% of the profits of or with an interest of more than 10% in an entity either directly or indirectly.

  • Independent living program means a program designed to assist a juvenile to enhance skills and abilities necessary for successful adult living and may include but shall not be limited to minimal direct staff supervision and supportive services in making the arrangements necessary for an appropriate place of residence, completing an education, vocational training, obtaining employment or other similar services;

  • Technology startup company means a for profit business that

  • Scheduled Commissioning Date or “SCD” of the Project shall mean [Insert Date];

  • Sponsors means (1) one or more investment funds controlled by Apollo Management, L.P. and its Affiliates (collectively, the “Apollo Sponsors”) and (2) any Person that forms a group (within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act, or any successor provision) with any Apollo Sponsors, provided that any Apollo Sponsor (x) owns a majority of the voting power and (y) controls a majority of the Board of Directors of the Company.

  • Municipal Separate Storm Sewer System Management Program means a management program covering the duration of a state permit for a municipal separate storm sewer system that includes a comprehensive planning process that involves public participation and intergovernmental coordination, to reduce the discharge of pollutants to the maximum extent practicable, to protect water quality, and to satisfy the appropriate water quality requirements of the CWA and regulations, and this article and its attendant regulations, using management practices, control techniques, and system, design, and engineering methods, and such other provisions that are appropriate.

  • Service program or “service” means any medical care ambulance service or nontransport service that has received authorization by the department.

  • Continuous parameter monitoring system (CPMS means all of the equipment necessary to meet the data acquisition and availability requirements of the Prevention of Significant Deterioration program, to monitor process and control device operational parameters (for example, control device secondary voltages and electric currents) and other information (for example, gas flow rate, O2 or CO2 concentrations), and to record average operational parameter value(s) on a continuous basis.

  • Distribution Reinvestment Plan means the distribution reinvestment plan of the Company approved by the Board and as set forth in the Prospectus.

  • Participating private hospital means a hospital that has a hospital purchaser provider agreement with Latrobe.

  • Membership service means service as an employee rendered while a contributing member of the

  • Individualized service plan means a plan prepared by a

  • Underlier Sponsor means S&P Dow Jones Indices LLC.

  • SRS means the scheme referred to by the Ministry of Finance as the Supplementary Retirement Scheme or such other scheme as shall replace or supersede the Supplementary Retirement Scheme from time to time.

  • Non-participating private hospital means a hospital that does not have a hospital purchaser provider agreement with Latrobe. (If you use a non-participating private hospital you may incur a large out-of- pocket expense.)

  • Distribution Compliance Period means the period that ends 40 days after the completion of the distribution of each Tranche of Notes, as certified by the relevant Dealer (in the case of a non-syndicated issue) or the relevant Lead Manager (in the case of a syndicated issue);

  • Substantial Owner means any person or persons who own or hold a twenty-five percent (25%) or more percentage of interest in any business entity seeking a FPDCC Privilege, including those shareholders, general or limited partners, beneficiaries and principals; except where a business entity is an individual or sole proprietorship, Substantial Owner means that individual or sole proprietor.

  • Investment Program means a Person for whom Shipper or a direct or indirect subsidiary of Shipper acts as a general partner, managing partner or manager and the securities of which have been offered and sold to investors.

  • BIP means Brookfield Infrastructure Partners L.P.;

  • Small municipal separate storm sewer system or "small MS4" means all separate storm sewers that are (i) owned or operated by the United States, a state, city, town, borough, county, parish, district, association, or other public body (created by or pursuant to state law) having jurisdiction over disposal of sewage, industrial wastes, stormwater, or other wastes, including special districts under state law such as a sewer district, flood control district or drainage district, or similar entity, or an Indian tribe or an authorized Indian tribal organization, or a designated and approved management agency under § 208 of the CWA that discharges to surface waters and (ii) not defined as "large" or "medium" municipal separate storm sewer systems or designated under 4VAC50-60-380 A 1. This term includes systems similar to separate storm sewer systems in municipalities, such as systems at military bases, large hospital or prison complexes, and highway and other thoroughfares. The term does not include separate storm sewers in very discrete areas, such as individual buildings.

  • Participating Company Group means, at any point in time, all corporations collectively which are then Participating Companies.

  • Beneficial Ownership shall have the meanings set forth in Rule 13d-3 promulgated under the Exchange Act (as defined below) as in effect on the date hereof.

  • Individualized family service plan means a written plan for providing early intervention services to an eligible child and the child’s family.