Principal Participant definition

Principal Participant means any of the following entities:

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Principal Participant means both of the following:

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.

Examples of Principal Participant in a sentence

The preceding sentence shall not apply to awarding a Subcontract for Construction Work to a Principal Participant or Major Participant, provided the Authority has determined that the price proposed during the Preconstruction Phase for any such entity’s construction services is reasonable after conducting a reasonableness evaluation.
In the event that the Design-Builder, any Principal Participant, or subcontractor is or becomes subject to a compliance monitoring requirement consequent to an agreement with a Governmental Person at any time prior to Final Acceptance, the Design-Builder shall promptly notify the Authority of the same.
The Agreement constitutes the legal, valid, and binding obligation of Design-Builder and, if applicable, of each Principal Participant of Design-Builder.
Compliance monitoring means any requirement imposed by a Governmental Person arising from an investigation of activities of the Design-Builder, Principal Participant, or subcontractor concerning alleged compliance violations, pursuant to which the subject entity is obligated to allow an independent third party to review, analyze, investigate or report on that entity’s future compliance with Governmental Rules and/or contractual requirements arising from Governmental Rules.
Concurrent Delay Construction Cost Estimate Construction Cost Markup (or CM/GC Fee) Construction Documents Construction Pricing Documents Construction Provisions Construction Work Constructor A Principal Participant or Subcontractor that performs Construction Work for the Project.

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;

Principal Participant means both of the following: 440

Principal Participant means any of the following entities: (i) any joint venture, partner, or firm holding an interest in the Contractor if the Contractor 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 Contractor if the Contractor is a corporation, limited liability company, or other form of incorporated legal entity; or (iii) parent company or Affiliate of the Contractor or another Principal Participant that will provide financial support to such firm (guarantor) to meet the financial obligations of the CMGC Contract.

Principal Participant means Marc Mezzacca.

Principal Participant means both of the following: 358

Principal Participant means each Equity Member and each Major Non-Equity Member.

Principal Participant means any of the following entities: (a) the Proposer; (b) if the Proposer is a joint venture, partnership, limited liability company or other form of association, any joint venture, partner, or member; and/or (c) all Persons and legal entities holding (directly or indirectly) a 15% or greater interest in the Proposer.