Participations definition

Participations shall have the meaning set forth in Section 13.1 hereof.

Participations means participation interests in the Loan Documents granted by the Lender.

Participations shall have the meaning specified in subsection 2.06(a)(ii).

Examples of Participations in a sentence

• Exposure to Counterparties The Issuer will be exposed to a number of counterparties (including in relation to any Assignments, Participations and Hedge Transactions and also each of the Agents) throughout the life of the Notes.

• As of December 31, 2019, the Company’s other significant shareholder, AOG Participations BV (“AOG”), a wholly-owned subsidiary of the Addax and Oryx Group Limited, held 15,001,938 common shares (December 31, 2018 - 15,001,938 common shares) representing approximately 11% of AXMIN’s issued and outstanding common shares on a non-dilutive basis.

• Such sale of the Participations shall be without recourse to the Seller (including with regard to collectability), and shall constitute an absolute sale of each such Participation.

• Nothing in this Agreement, expressed or implied, shall be construed to confer upon any Person (other than the parties hereto, their respective successors and assigns permitted hereby, Participants to the extent provided in Section 12.8.4 [Participations] and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement.

• Participations in events related to project management or other internal project meetings will not be counted under this indicator.

More Definitions of Participations

Participations has the meaning specified in Section 11.6(c) hereof.

Participations means the units in which the rights of the Participants to the Fund Estate have been divided, each Participation representing an equal interest in the Fund Estate without priority or preference one over the other;

Participations. Participations acquired by the Seller in all or a portion of a loan obligation held by a Selling Institution.

Participations. The Bank shall have the unrestricted right at any -------------- time and from time to time, and without the consent of or notice to Company, to grant to one or more banks or other financial institutions (each, a "Participant") participating interests in the Bank's obligation to lend hereunder and/or any or all of the loans held by the Bank hereunder. In the event of any such grant by the Bank of a participating interest to a Participant, whether or not upon notice to the Company, the Bank shall remain responsible for the performance of its obligations hereunder and the Company shall continue to deal solely and directly with the Bank in connection with the Bank's rights and obligations hereunder. The Bank may furnish any information concerning the Company in its possession from time to time to prospective Participants, provided that the Bank shall require any such prospective Participant to agree in writing to maintain the confidentiality of such information.

Participations means, with respect to any Film, all amounts (whether described as a deferment, a gross participation or otherwise) which any Entertainment Company may be contractually obligated to pay to any person, for rights or services in connection with any Film and which are based on or dependent on all or any percentage of the proceeds of the Film (irrespective of the manner in which such proceeds are defined or computed), including royalties, residuals and guild payments, whether or not such payment has then become due or been made.

Participations means the interests of the Participating Lenders in the Facility.

Participations. Each Revolving Credit Lender may sell participations to one or more financial institutions (each, a "PARTICIPANT") in that Revolving Credit Lender's interests herein provided that no such participation shall include any provision which accords that Participant with any rights, vis a vis any Agent, with respect to any requirement herein for approval by a requisite number or proportion of the Revolving Credit Lenders. No such sale of a participation shall relieve a Revolving Credit Lender from that Revolving Credit Lender's obligations hereunder nor obligate any Agent to any Person other than a Revolving Credit Lender.