Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.
Participating Underwriter means any of the original underwriters of the Bonds required to comply with the Rule in connection with offering of the Bonds.
Effective FTR Holder means:
Participation Agreement means a written agreement entered into between a Participant and the Employer pursuant to the provisions of Section 4.1
Unit Participation means the ratio of the surface acreage of a specific tract in the unit area to the total surface acreage of the unit area as that total surface acreage is specified in paragraph one of the Plan for Unit Operations of this order.