Firm Participant Clause Samples

The 'Firm Participant' clause defines the status and obligations of a party that is committed to participating in a transaction or agreement without the option to withdraw. In practice, this clause typically applies to parties in auctions, tenders, or collaborative projects, where a 'firm' participant is distinguished from those with more flexible or conditional involvement. By clearly establishing which parties are bound to proceed, the clause ensures reliability and reduces uncertainty, thereby facilitating smoother execution and planning for all involved.
Firm Participant. The brokerage or appraisal company to which Individual Participants are affiliated and has executed a Participant Agreement with Unlock MLS.
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Firm Participant. The brokerage or appraisal company to which Individual Participants are affiliated and has executed a Participant Agreement with MRED.
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Firm Participant. The brokerage or appraisal company to which Individual Participants are affiliated and has executed a Participant Agreement with CATRS.
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Firm Participant. The brokerage company to which Individual Participants are affiliated and have executed a Participant Agreement with IMLS.
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Related to Firm Participant

  • Participant See Section 7(a) hereof.

  • Eligible Employee For purposes of the SIMPLE 401(k) Plan provisions, any Employee who is entitled to make Elective Deferrals under the terms of the SIMPLE 401(k) Plan.

  • Participants The Lender and its participants, if any, are not partners or joint venturers, and the Lender shall not have any liability or responsibility for any obligation, act or omission of any of its participants. All rights and powers specifically conferred upon the Lender may be transferred or delegated to any of the Lender's participants, successors or assigns.

  • Regular Part-Time Employee A regular part-time employee is an employee who is working at least thirty (30) hours per week on a regular basis.

  • Part-Time Employee Part-time employee" means an employee who is normally scheduled to work fewer than 80 hours in a biweekly payroll period.