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).
Current Participant means a Class Member who has an Active Account in one or both the Plans as of August 5, 2020.
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).
FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.
Loan Participant means each Purchaser and its respective successors and registered assigns, including any Certificate Holder.
Study Participant means a person recruited to participate in the Study.
Transferred Employee has the meaning set forth in Section 6.01(a).
Initial Authorised Participant means BNP Paribas Arbitrage S.N.C. and any successor thereto.
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.
L/C Participant shall have the meaning provided in Section 3.3(a).
Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.
Participating employee means an employee whose election to participate in a Plan has been approved by the employer.
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.
Company Contribution means that portion of the main extension costs which the Company will fund based upon the following formula:
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.
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.
Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.
Qualified Participant means any Participant or Former Participant who has completed ten (10) Years of Service as a Participant and has attained age 55.
Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).
Additional Authorised Participant means any Eligible Authorised Participant (other than the Initial Authorised Participant or the Second Authorised Participant) that has entered into an Authorised Participant Agreement with the Issuer and has acceded to the LS Operating Procedures Agreement.
Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.
Rollover Contribution means any rollover contribution to the Plan made by a Participant as may be permitted under Article V.
Administrative employee means an employee who normally supervises persons engaged in office administration, construction, security or maintenance work who are represented by another trade union. This definition includes employees who share a community of interest with “supervisors”.
Participating Employer means any trade or business (whether or not incorporated) which adopts this Plan with the consent of the Company identified in the Adoption Agreement.
Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.
Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.