Participant shall definition

Participant shall mean any Employee who has entered the Plan on a Plan Entry Date.
Participant shall mean a Director who has elected to defer the receipt of compensation or a Director who is required to defer the receipt of the Restricted Share Units in accordance with the terms of this Plan.
Participant shall mean any Eligible Employee who has entered the Plan on a Plan Entry Date in accordance with the provisions of Section 2. 01. An Employee who becomes a Participant shall remain a Participant under the Plan until the Trustee has fully distributed the Participant's Nonforfeitable Accrued Benefit. In addition, Participant shall have the meaning assigned to it by Section 4.14.

Examples of Participant shall in a sentence

  • Each Depository Participant shall only transfer Book-Entry Certificates of Certificate Owners it represents or of brokerage firms for which it acts as agent in accordance with the Depository's normal procedures.

  • A Participant shall not be entitled to receive any greater payment under Section 3.01 or 3.04 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent.

  • Subject to subsection (e) of this Section, the Borrower agrees that each Participant shall be entitled to the benefits of Sections 3.01, 3.04 and 3.05 to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to subsection (b) of this Section.

  • Each Depository Participant shall transfer the Ownership Interests only in the Book-Entry Certificates of Certificate Owners it represents or of brokerage firms for which it acts as agent in accordance with the Depository's normal procedures.

  • Each Depository Participant shall only transfer the Ownership Interests in the Book-Entry Certificates of Certificate Owners it represents or of brokerage firms for which it acts as agent in accordance with the Depository's normal procedures.

  • No Participant shall have the right to participate directly in the making of decisions by the Lenders among themselves.

  • Each Depository Participant shall be responsible for disbursing such distribution to the Certificate Owners that it represents and to each indirect participating brokerage firm (a "brokerage firm" or "indirect participating firm") for which it acts as agent.

  • Any notice hereunder by the Participant shall be given to the Company in writing and such notice shall be deemed duly given only upon receipt thereof by the General Counsel of the Company.

  • Each Depository Participant shall only transfer the Ownership Interests in the Book-Entry Certificates of Certificate Owners it represents or of brokerage firms for which it acts as agent in accordance with the Depository’s normal procedures.

  • Each Depository Participant shall only transfer Book-Entry Certificates of Certificate Owners it represents or of brokerage firms for which it acts as agent in accordance with the Depository’s normal procedures.


More Definitions of Participant shall

Participant shall mean any Employee who has entered the Plan in accordance with the provisions of Article 2. An Employee who becomes a Participant shall remain a Participant under the Plan until the Trustee has fully distributed the Participant's Accrued Benefit.
Participant shall mean an Employee who has commenced, but not terminated, participation in the Plan as provided in Article II.
Participant shall mean an Eligible Executive who has elected to participate and has completed a Participation Agreement pursuant to Article 2 of the Plan.

Related to Participant shall

  • Participant ID means each unique identifier assigned to a Participant other than a DMA Customer by BSEF for access to the SEF operated by BSEF.

  • Participant Group means you, each of your holding companies and subsidiaries and each subsidiary of each of your holding companies (as each such term is defined in the Companies Act 1985); and

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

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

  • Participant contract means a contract by which a sponsored captive insurance company insures the risks of a participant and limits the losses of the participant to the assets of a protected cell.