Disabled Participant definition

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).

Disabled Participant means any Participant who is Totally and Permanently Disabled.

Disabled Participant means a Participant becoming disabled within the meaning of Section 422(c)(6) of the Code.

Examples of Disabled Participant in a sentence

• In the event a Disabled Participant recovers from the disability so as to be medically certified to full-time active duty as a law enforcement officer prior to his Normal Retirement Age, such Participant shall be re-employed by the Authority as a law enforcement officer provided the participant meets all required law enforcement certification criteria.

• In the event of a Supplemental ESOP Participant's termination of employment other than by reason of death or Retirement or after becoming a Disabled Participant, that portion of his or her memorandum account balance, if any, that is not payable under Section 3.2 shall be promptly forfeited.

• Such SAMPLE imputed Compensation for the Disabled Participant may be taken into account only if the contributions made on behalf of such Participant will be nonforfeitable when made.

• Upon the termination of employment or other service relationship with the Company or an Affiliate of a Participant other than a Disabled Participant, for reasons other than death or Cause, the unexercised, vested portion of this Option shall be exercisable by the Participant at any time prior to the expiration date of such Option or within three (3) months of the Participant’s date of termination of employment or other service relationship, whichever is the shorter period.

• For purposes of this Agreement, a "Disabled Participant" shall mean the Participant is disabled within the meaning of Section 22(e)(3) of the Code, or as otherwise determined by the Committee in its discretion.

More Definitions of Disabled Participant

Disabled Participant means a former Active Participant who has a total and permanent disability as determined under Article 7.

Disabled Participant means a Participant who is under a Disability incurred while an Active Employee and who is an Insured Disabled Participant.

Disabled Participant means the Participant becoming unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment that can be expected to result in death or that has lasted or can be expect to last for a continuous period of not less than 12 months, within the meaning of Code Section 422(c)(6).

Disabled Participant means any Participant who terminates from employment as a result of a Permanent Disability and who has any vested balance in the Plan.

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

Disabled Participant means a Participant who incurs a physical or mental condition which, as determined by the Federal Social Security Administration, renders the Participant eligible to receive disability benefits under Title II of the Federal Social Security Act, as amended from time to time.

Disabled Participant means a Participant who is receiving benefits under a long-term disability plan sponsored by an Employer. A Participant will cease to be a Disabled Participant upon Separation from Service.