Permitted Participant definition

Permitted Participant means any Person that:
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Permitted Participant means a person who, in relation to the referendum, is a permitted participant within the meaning given by section 105(1) of the 2000 Act (as modified by paragraph 2 of Schedule 1);
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Permitted Participant means any Person that is a financial institution that (x) is engaged in the active conduct of a banking business in the jurisdiction of its organization and (y) is a Qualifying Lender as of the date such Person becomes a participant and agrees to notify the Borrower in the event such Person fails to be a Qualifying Lender.
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Examples of Permitted Participant in a sentence

  • If a Participant dies, any Subsisting Option of which he or his Permitted Participant holds may be exercised within six months of the death by his legal representative or the Permitted Participant respectively (and each such Option shall lapse at the end of the said period to the extent (if any) that the Option remains unexercised).

  • An Option may only be assigned in accordance with this Rule 4.6 and Rule 6.3 and any other purported assignment, transfer, charge, disposal or dealing with the rights and interests of the Participant (or Permitted Participant, as the case may be) under this Plan shall cause the Option to lapse.

  • If an Option is exercised in part and is still capable of being exercised in respect of any balance, the Company shall, as soon as reasonably practicable after the exercise, issue to the Participant (or Permitted Participant, as the case may be) an Option Certificate in relation to such balance.

  • Any Subsisting Option held by a Permitted Participant who ceases to be a Permitted Participant shall be deemed to have been assigned to the Eligible Employee to which the Option was first granted, or where not granted to an Eligible Employee, to the Eligible Employee mentioned in the Option Certificate pursuant to Rule 4.4.1.

  • FNBO may, at its sole election, participate its respective interest in the Note to a Permitted Participant; PROVIDED, HOWEVER, that the rights of any Permitted Participant shall be enforceable solely by FNBO from whom its participation interest was granted.

  • Promptly, from time to time, such other information regarding the operations, including information regarding specific product categories and lines of business of the Borrower and its Subsidiaries, business affairs and financial condition of the Borrower or any of its Subsidiaries, or compliance with the terms of any Loan Document or the U.S. Government Guarantee, as the Agent, any Lender, the Permitted Participant or the Government Guarantor may reasonably request.

  • If no beneficiary designated by the Participant is a Permitted Participant at the time of such Participant's death, the beneficiary shall be the Participant's estate.

  • Subject to Sections 4.8 and 10.2 hereof and the terms and provisions of any Award Agreement, in the event of a Change of Control, any Awards held by a Participant who ceases to be a Permitted Participant in connection with the Change of Control, shall, if determined by the Committee in its sole discretion, automatically vest either during the term of the Award or within 90 days after the date of such Change of Control, whichever first occurs.

  • A certificate as to such amounts submitted to the Borrower and the Agent by such Lender or the Permitted Participant, as the case may be, shall be conclusive and binding for all purposes absent manifest error.

  • The applicant held their community engagement meeting on September 21, 2019.


More Definitions of Permitted Participant

Permitted Participant means a participant which—
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Permitted Participant means Albexx Xxxxx & Xompany, LLC.
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Permitted Participant is amended by deleting “the Note” in the first line thereof and substituting “any Note” in lieu thereof.
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Permitted Participant. Any Affiliate of FNBO that FNBO grants a participation interest in the Note to, and that FNBO determines is qualified to hold such participation interest.
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Permitted Participant means an Employee, a Director, a director of an Affiliate, an Officer, a Management Company Employee or a Consultant, excluding Investor Relations Service Providers.
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Related to Permitted Participant

  • Designated Participant means a key Employee of the Company or any other Participating Company who is designated by the Committee in writing to participate in the Program.

  • Terminated Participant means a person who has been a Participant, but whose employment has been terminated other than by death, Total and Permanent Disability or retirement.

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

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • CDS Participant means a broker, dealer, bank or other financial institution or other person for whom, from time to time, CDS effects book entries for the Units deposited with CDS.

  • Loan Participant means each Purchaser and its respective successors and registered assigns, including any Certificate Holder.

  • Current Participant means a Class Member who has an Active Account in one or both the Plans as of August 5, 2020.

  • Qualified Participant means any Participant or Former Participant who has completed ten (10) Years of Service as a Participant and has attained age 55.

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

  • First Tier Participant refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

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

  • Active Participant means a Participant who has satisfied the eligibility requirements under Section 3 and who has at least 1,000 Hours of Service during the current Plan Year. However, a Participant shall not qualify as an Active Participant unless (i) he is in active Service with an Employer as of the last day of the Plan Year, or (ii) he is on a Recognized Absence as of that date, or (iii) his Service terminated during the Plan Year by reason of Disability, death, or Normal Retirement.

  • U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;

  • 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

  • L/C Participant shall have the meaning provided in Section 3.3(a).

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.

  • Other Participant means a cooperative project participant other than the United States.

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

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

  • Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.

  • Nonparty participant means a person, other than a party or mediator, that participates in a mediation.

  • A Participant or beneficiary ("claimant") who has not received benefits under the Plan that he or she believes should be paid shall make a claim for such benefits as follows:

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • Grandfathered Person means any Person who or which, together with all Affiliates and Associates of such Person, is, as of the Grandfathered Time, the Beneficial Owner of 15% or more of the shares of Common Stock of the Company then outstanding. Notwithstanding anything to the contrary provided in this Agreement, any Grandfathered Person who after the Grandfathered Time becomes the Beneficial Owner of less than 15% of the shares of Common Stock of the Company then outstanding shall cease to be a Grandfathered Person and shall be subject to all of the provisions of this Agreement in the same manner as any Person who is not and was not a Grandfathered Person.