Participant Interest definition

Participant Interest means the interest of a Participant in the Pool (expressed in terms of a percentage) based on the value of such Participant’s Participant Account relative to the Participant Accounts of all Participants.
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Participant Interest means the rate of interest to be paid by the Participant on a Loan, as set forth in a Loan Agreement and a Participant Note.
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Participant Interest means, collectively, the Participant Interest as defined in the 2002 Participation Agreement, the Participant Interest as defined in the 2003 Participation Agreement and Participant Interest as defined in the 2018 Participation Agreement.
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Examples of Participant Interest in a sentence

  • Participant agrees to pay for its Participant Interest share of the drilling, completion and equipping, or the plugging and abandonment, of the Obligation Xxxxx.

  • For each participant there shall be established both a Participant Interest Account and a Participant Stock Account (collectively referred to as the Participant Account).

  • The ISO and PX, working with the California Parties, shall determine the Unsettled Participant Interest Amount based upon the Unsettled Participant Refund Amount.

  • Participant Interest may not exceed 40 percent interest in the Project.

  • For purposes of this Agreement, all of the Options set forth as such on the signature page hereto shall be designated “Time Options.” For each Participant Interest purchased in accordance with the terms of this Agreement, the Plan and the Operating Agreement, Optionee shall pay to the Company the price set forth on the signature page hereto (the “Exercise Price”).

  • As long as a Loan is outstanding and such Participant continues to have a Participant Interest in that Loan, such Participant's agents, employees, attorneys, accountants, auditors and examiners may, upon reasonable advance notice, examine any instruments, documents or records held or maintained by Originator or any of its agents in connection with the Loan, during Originator's regular business hours.

  • Participant Interest in the Plan - The interest of a participant in each of the funds in the Plan, except for the Loan Fund, is represented by units (as described in the Plan text).

  • For each Participant Interest purchased in accordance with the terms of this Agreement, the Plan and the Operating Agreement, Optionee shall pay to the Company the price set forth on the signature page hereto (the “Exercise Price”).

  • Mandatory Participant Interest on[AL24] ContributionsEffective September 2, 2003, Mandatory Participant Contributions decreased by 0.61% of the Annual Compensation from 1.98% to 1.37% of pay.The percentage of Annual Compensation to be contributed by Participants as Mandatory Participant Contributions shall be determined in accordance with Section 4.02 and approved by the Supervisors in accordance with Section 4.06.

  • In the event the Re-instated Letter of Credit is drawn upon, the LC Beneficiary will transfer its Owner Participant Interest to the LC Issuer.


More Definitions of Participant Interest

Participant Interest is defined in the recitals to Participation Agreement.
Sample 1

Related to Participant Interest

  • Participant ID means each unique identifier assigned to a Participant other than a DMA Customer by BSEF for access to the SEF operated by BSEF.

  • 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

  • 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).

  • Participant Contributions means contributions made by the Participant pursuant to an executed Pay Reduction Agreement subject to the Participant Contribution limits contained in Article III.

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

  • Participant Account means that separate account maintained under the Plan to record the amount that a Participant has contributed to the Plan during an Offering Period.

  • Participant contract means a contract by which a sponsored captive insurance company insures the risks of a participant and limits the losses of the participant to the assets of a protected cell.

  • Participating Interest is defined in Section 1.2(d) hereof.

  • Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Deferred member means a person who elected to receive deferred vested retirement

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

  • Participants is defined in Section 12.2.1.

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

  • Discretionary Contribution means the contribution made by the Employer on behalf of a Participant as described in Section 4.4(b).

  • Account Balance means, with respect to a Participant, an entry on the records of the Employer equal to the sum of (i) the Deferral Account balance, (ii) the Company Contribution Account balance, and (iii) the Company Restoration Matching Account balance. The Account Balance shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.

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

  • 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.

  • Participant Agreement means an employment or other services agreement between a Participant and the Service Recipient that describes the terms and conditions of such Participant’s employment or service with the Service Recipient and is effective as of the date of determination.

  • Principal Participant means any of the following entities:

  • Study Participant means a person recruited to participate in the Study.

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

  • Compensation Deferral means the amount or amounts of the Director's Compensation deferred under the provisions of Section 3 of this Agreement.

  • Exchange Participant means (a) the Bank which is a person registered as a China Connect Exchange Participant (as defined in the SEHK China Connect Rules) by SEHK; or (b) where the context requires, any China Connect Exchange Participant (as defined in the SEHK China Connect Rules).

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

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