Existing Participants Clause Samples
The 'Existing Participants' clause defines who qualifies as a current member or party within the context of an agreement or arrangement. It typically outlines the rights, obligations, or status of those already involved before any new participants are added, and may specify how their interests are protected or affected by changes. This clause ensures clarity regarding the standing of current parties, preventing disputes over membership status and safeguarding their established rights as the agreement evolves.
Existing Participants. Any entity that was qualified to participate as a Market Buyer in the PJM Interchange Energy Market under the Operating Agreement of PJM Interconnection L.L.C. in effect immediately prior to the Effective Date shall continue to be qualified to participate as a Market Buyer in the PJM Interchange Energy Market under this Agreement.
Existing Participants. An Employee who, on the Effective Date, was a Participant under the provisions of the Plan as in effect immediately prior to the Effective Date shall be a Participant on the Effective Date and the provisions of Sections 2.1.1 and 2.1.2, pertaining to participation, shall not be applicable to such Employee. The rights of a Participant whose employment terminated prior to the Effective Date shall be determined under the provisions of the Plan as in effect at the time of such termination.
Existing Participants. An Employee or Official who, on the Effective Date, was a Participant immediately prior to the Effective Date shall continue to be a Participant on the Effective Date. The rights of an Employee or Official whose employment terminated prior to the Effective Date shall be determined under the provisions of the Participating Employer’s applicable Participation Agreement and Plan document then in effect at the time of such Employee’s or Official’s termination.
Existing Participants. Each individual who was a Participant on September 27, 1997 shall continue to be a Participant as of September 28, 1997. Each individual who was a participant in the Distribution Division Plan on August 31, 2000 shall be a Participant in the Plan as of September 1, 2000. Each individual who is a Participant on the adoption date of this amended and restated Plan as reflected in the first paragraph on page one of this Plan shall continue to be a Participant as of such date.
Existing Participants. Each of the Assignor and the Other Party covenant with the Assignee to be bound by, observe and perform their respective obligations under the Joint Operating Agreement to the extent of their respective Participating Interests in PEP 38728 and the PEP 38728 Joint Venture.
Existing Participants. 4.1 The Existing Participants shall provide details of current call handling procedures for all Services Options currently delivered within two (2) weeks of Transition Agreement completion or such other date as agreed by the parties in writing. Each Existing Participant shall nominate a project manager for Transition to work with the Service Provider.
4.2 Where an Existing Participant wishes to proceed with Transition of its service requirements, the Existing Participant shall submit a Transition Agreement to the Service Provider (in the form attached at end of this Section XI) and the Service Provider shall sign and return the Transition Agreement to the Existing Participant to confirm its acceptance of the Transition work.
4.3 It is possible that Existing Participants may require Major Variation or Minor Variations to one or more of their existing Service Options at the Initial Services Commencement Date or shortly thereafter. To assist the Service Provider with the planning and implementation of Transition, full details of any such variations required by an Existing Participant at that point of Services commencement or up to three (3) months after commencement, will be provided to the Service Provider within two (2) weeks of the completion date of Transition Agreement or such other date as agreed by the parties in writing. Also, to assist the Service Provider with planning and implementing the transition, Existing Participants will be restricted in respect of the implementation of any new Service Options they require; any new Service Option requirements cannot be requested for implementation during the first three (3) months following the Initial Services Commencement Date.
Existing Participants. Organizations that are a TIP Participant as of January 1, 2024 will be invoiced on the expiry date of its then-current Participation Term. TIP may request the Participant provide updated gross annual revenue information, and Participant agrees to provide such updated information to TIP in a timely manner to enable TIP to prepare an invoice for the appropriate amount of Annual Dues. If such information is not provided to TIP, TIP may modify Participant’s Annual Dues classification based on publicly-available information. All invoices are due and payable within forty-five (45) days of issuance.