Financial Participant definition

Financial Participant means the term used under the Bankruptcy Code, pursuant to 11
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Financial Participant means the term used under the Bankruptcy Code, pursuant to 11 U.S.C 11 § 101 (22A), as it may be amended from time to time.
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Financial Participant means an entity that represents and warrants in writing to the Selling Stockholders and to Newco that (i) as to that part of the entity's business engaged in or relating to, directly or indirectly, the oil and gas industry, the entity is primarily engaged in investing, including without limitation by way of purchase of debt or equity securities, in other entities, which may include oil and gas companies, and (ii) the entity is not the operator of any oil and gas wellx xxx does not have a significant oil and gas management team, including geologists and production engineers.
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Examples of Financial Participant in a sentence

  • Exhibit B Statement of Work General Reporting Subrecipient shall submit all Financial, Participant MIS, Program Performance, and all other reports required by WSW in accordance with the specified time frames in this contract.

  • A new Financial Participant shall not be entitled to participate in any Financial Transactions consummated prior to the date it becomes a Financial Participant unless one or more of the existing Financial Participants (each, an “Allocating Financial Participant”) elect to assign all or a portion of their Financial Transaction Subscription Percentage in one or more such Financial Transactions to such new Financial Participant.

  • See Exhibit C‐2, the terms of which are hereby incorporated herein The undersigned Financial Participant hereby agrees that NCPA shall be entitled to negotiate any additional terms and conditions to the Financial Transaction subscribed to hereunder and shall be entitled to negotiate and execute any incidental agreements, certificates or other documents related thereto.

  • The Withdrawing Financial Participant shall provide to NCPA the applicable agreements between the Withdrawing Financial Participant and the Adjusting Financial Participant(s) Exhibit C regarding any such assignments and NCPA shall reflect the change in its Deal Capture System, recording the new allocation of Financial Transaction Subscription Percentages.

  • Any fees relating to such assignment shall be settled exclusively between each Allocating Financial Participant and the new Financial Participant.

  • Withdrawal by any Financial Participant will not terminate any outstanding or contingent liabilities or obligations resulting from this Financial Addendum until they are assigned to an Adjusting Financial Participant, or are otherwise satisfied in full, or such Withdrawing Financial Participant has provided a mechanism reasonably acceptable to NCPA and the remaining Financial Participants, for the satisfaction in full thereof.

  • A Withdrawing Financial Participant will continue to be liable for all Financial Transactions entered into on its behalf which is not assumed by an Adjusting Financial Participant.

  • In connection with each such assignment, any reduction in an Allocating Financial Participant’s Security Account requirements shall be credited back to the Allocating Participant in accordance with Section 5.3.2 of the Exhibit C Agreement and Section 5 of this Financial Addendum and the new Financial Participant shall immediately be required to satisfy such requirements by funding its own Security Account.

  • This Financial Addendum shall be effective as to each Financial Participant as of the date it is last executed by NCPA or by a Financial Participant.

  • A Withdrawing Financial Participant shall reimburse NCPA for any and all costs resulting from the withdrawal, including but not limited to the legal, accounting, and administrative costs of winding up and assuring the complete satisfaction and discharge of the Withdrawing Financial Participant’s obligations.


More Definitions of Financial Participant

Financial Participant means . . . an entity that, at the time it enters into a securities contract, commodity contract, swap agreement, repurchase agreement, or forward contract, or at the time of the date of the filing of the petition, has one or more [derivative] agreements . . . with the debtor or any other entity of a total gross dollar value of not less than $1,000,000,000 in notional or actual principal amount outstanding on any day during the previous 15-month period, or has gross mark-to- market positions of not less than $100,000,000 (aggregated across counterparties) in one or more such agreements or transactions with the debtor or any other entity . . . on any day during the previous 15-month period.
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Financial Participant means, in relation to The Union Pearson Group Inc., an entity that has any financial interest, whether through the ownership of securities, debt or otherwise;
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Related to Financial Participant

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

  • Principal Participant means any of the following entities:

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

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

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

  • 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.

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

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

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

  • Qualified Participant means a Participant who has attained age 55 and who has completed at least 10 years of participation in the Plan.

  • 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).

  • 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:

  • Current Participant means a person who participated in the Plan during the Class Period and had an Active Account on May 11, 2018.

  • 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;

  • Reporting Participant means a Participant who is subject to the reporting requirements of Section 16 of the Exchange Act.

  • Financial Account means an account maintained by a Financial Institution, and includes:

  • Eligible group means two or more persons who are engaged in a

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

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

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

  • Eligible Bank means a bank or trust company that (i) is organized and existing under the laws of the United States of America or Canada, or any state, territory, province or possession thereof, (ii) as of the time of the making or acquisition of an Investment in such bank or trust company, has combined capital and surplus in excess of $500.0 million and (iii) the senior Debt of which is rated at least “A-2” by Moody’s or at least “A” by Standard & Poor’s.

  • Clearing Participant means a person admitted as a participant under the Clearing Rules.

  • Eligible Authorised Participant means any entity that meets the requirements of the LS Operating Procedures Agreement.

  • 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.

  • 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

  • Authorised Participant means the Initial Authorised Participant, the Second Authorised Participant and any Additional Authorised Participant.