Participation definition

Participation means an interest in a Loan that is acquired indirectly by way of a participation from a selling institution.
Participation has the meaning specified in Section 7.08(b).
Participation which means the ownership, direct or by way of control, of 20% or more of the voting rights or capital of an undertaking;

Examples of Participation in a sentence

  • The Parties agree that the indemnification provision in the Participation Agreement applies to the Parties’ duties and obligations under this Amendment.

  • This Amendment No. 4 to Participation Agreement (the “Amendment”) is entered into by and among the Company, the Fund, the Underwriter, and the Adviser (collectively, the “Parties”), and is effective as of March 11, 2024 (the “Effective Date”).

  • This Amendment No. 2 to Participation Agreement (the “Amendment”) is entered into by and among the Company, the Fund, and Adviser (collectively, the “Parties”), and is effective as of March 8, 2024 (the “Effective Date”).

  • Participation is subject to continuation of the program by the State Health Benefits Plan, and subject to all applicable rules and regulations.

  • To the extent the terms of this Amendment conflict with the terms of the Participation Agreement, the terms of this Amendment shall control; otherwise, and except as otherwise specifically set forth in this Amendment, the terms of the Participation Agreement shall continue to apply, and shall apply to the duties, responsibilities, rights and obligations of the Parties under and pursuant to this Amendment.


More Definitions of Participation

Participation means an extension of credit in which an undivided ownership interest is held on a pro rata basis in a single loan or pool of loans and related collateral. In a loan participation, the credit originator initially makes the loan and then subsequently resells all or a portion of it to other lenders. The participation may or may not be known to the borrower.
Participation means participation within the meaning of the first sentence of Article 17 of Fourth Council Directive 78/660/EEC of 25 July 1978 on the annual accounts of certain types of companies (1), or the ownership, direct or indirect, of 20 % or more of the voting rights or capital of an undertaking;
Participation means 400%; and
Participation shall be construed broadly to include, without limitation: (i) serving as a director, officer, employee, consultant or contractor with respect to such a business entity; (ii) providing input, advice, guidance or suggestions to such a business entity; or (iii) providing a recommendation or testimonial on behalf of such a business entity or one or more products it produces.
Participation means participation as defined in point (35) of Article 4(1) of Regulation (EU) No 575/2013;
Participation means, with respect to any Lender (other than the Issuing Bank) and a Letter of Credit, the extension of credit represented by the participation of such Lender hereunder in the liability of the Issuing Bank in respect of a Letter of Credit issued by the Issuing Bank in accordance with the terms hereof.
Participation has the meaning specified in subsection 8.1(d) of the Agreement.