Principal Participant definition

Principal Participant means any of the following entities:
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Principal Participant means both of the following:
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Principal Participant means, with respect to a Proposer, any of the following entities: (i) any joint venture, partner, or firm holding an interest in the Proposer if the Proposer is a joint venture, partnership, or other form of unincorporated legal entity; (ii) any person or firm holding (directly or indirectly) a 15% or greater interest in the Proposer if the Proposer is a corporation, limited liability company, or other form of incorporated legal entity; or (iii) parent company or Affiliate of the Proposer or another Principal Participant that will provide financial support to such firm (guarantor) to meet the financial obligations of the Design-Build Agreement.
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Examples of Principal Participant in a sentence

  • If a request is made to allow deletion or replacement of a Principal Participant, the Proposer shall submit such information as may be required by the Department to demonstrate that the changed team meets the criteria stated in the RFQ (pass/fail criteria and quality criteria).

  • To request the Department’s approval for a change to the organization, the Proposer shall submit with its request that information specified for a Principal Participant in the RFQ, including legal and financial data as well as the information for quality evaluation.

  • Requests by Proposers for changes in any Principal Participant will be particularly scrutinized.

  • Should it become necessary to replace a Principal Participant or Key Person during the term of the Contract, the Design-Builder must provide a replacement for the Organization with equal or better skills and qualifications.

  • Should it become necessary to replace a Principal Participant or a Key Person during the Proposal period, the Design-Builder must provide a replacement for the Organization with equal or better skills and qualifications.


More Definitions of Principal Participant

Principal Participant means any of the following entities: The Submitter or Proposer; Individual firms, general partners, or Joint Venture members of the Submitter or Proposer; and/or;All Persons and legal entities holding (directly or indirectly) a 15% or greater interest in the Submitter or Proposer.
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Principal Participant means the Party leading the AAPP Project and named as the Principal Participant as specified in the Project Plan
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Principal Participant means any of the following entities:The Proposer;If the Proposer is a JV, partnership, LLC, or other form of association, any JV, partner, or member; and/orAll Persons and legal entities holding (directly or indirectly) a fifteen percent (15%) or greater interest in the Proposer.
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Principal Participant means any of the following entities:C) The Proposer;D) If the Proposer is a partnership, joint venture, or limited liability company, any general partner or any member of the joint venture or LLC; and/or
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Principal Participant means both of the following: 440
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Principal Participant means each Equity Member and each Major Non-Equity Member.
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Principal Participant means Marc Mezzacca.
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