Sub-participant definition

Sub-participant means any individual or entity that
Sub-participant is defined in Section 12.2 of the Participation Agreement.
Sub-participant means any individual or entity that intends to purchase assigned receivables, directly or indirectly, by or through an applicant or qualified purchaser for the purposes of the Program.

Examples of Sub-participant in a sentence

  • Notwithstanding the foregoing, any such information supplied to a Participant, Sub-Participant, prospective Sub-Participant or prospective assignee under this Participation Agreement shall cease to be Confidential Information if it is or becomes known to such Person by other than unauthorized disclosure, or if it becomes a matter of public knowledge.

  • The IRS has the right to inspect the work performed by the Participant or any Sub-Participant as stated below.

  • Sub-Participant is an ERO, On-line service provider, Transmitter, or Financial Institution other than the Participant who has entered into an Agreement with the Participant to perform some of the duties and responsibilities of the Participant.

  • If the duties and responsibilities of the Participant or any Sub-Participant are not being met, then the IRS may terminate this Agreement for default, and the Participant and any Sub- Participant may be suspended from the IRS e-file program.

  • For the avoidance of doubt, the Administrative Agent (in its capacity as Administrative Agent) shall have no responsibility for maintaining a Sub-Participant Register.


More Definitions of Sub-participant

Sub-participant has the meaning specified in Section 11.2(d).
Sub-participant means a Colorado licensed non-principal broker or salesperson, employed or engaged by a Participant by licensure whether a member of PPAR or another REALTOR® association and a Colorado licensed and certified appraiser employed or engaged by an appraiser Participant. Sub-Participants must apply for membership, pay applicable fees and agree to these Rules and Regulations. Services provided to a Sub-Participant are limited. Sub- Participants shall have access to the PPMLS Database. The non-principal broker and salesmen Sub-Participants are authorized to submit listings to the PPMLS and to display PPMLS listings on the Internet. (Non-REALTOR® broker and salesmen Sub-Participants are not authorized to display PPMLS listings or any related information or Content on the Internet or otherwise.) Acceptance and ongoing membership of a Sub-Participant is contingent upon participation of the Sub- Participant’s Participant. See Exhibit B.
Sub-participant is defined in Section 12.2(a) of the --------------- --------------- Participation Agreement.
Sub-participant is defined in Section 12.2 of the Transaction Agreement.
Sub-participant means any individual or entity that intends to purchase Assigned Receivables, directly or indirectly, by or through an Applicant or Qualified Purchaser for the purposes of the Program (it being understood that lenders who provide financing pursuant to a credit facility described in Section II (6) shall not be considered “Sub-Participants” hereunder).
Sub-participant means, in relation to an Existing SEAG Facility Agreement, a Non-Note Creditor that holds its interest as a lender to such Existing SEAG Facility Agreement in any capacity other than as a Lender of Record.
Sub-participant. Any bank or other entity that purchases participating interests from a Participant in any Outstanding Credit Exposure, any Note or any Commitment.