Limited Participation Sample Clauses

Limited Participation. This is meant for GPs that do not have the required infrastructure and other resources required for full participation in an RCA Technical Cooperation Project but have the potential to benefit from the technology that will be transferred through the project. They could participate in a project in order to gain awareness needed to assess the relevance of the technology to their national development priorities, and will be invited to participate only in some of the project activities.
AutoNDA by SimpleDocs
Limited Participation. An Employee who makes a Rollover Contribution shall be deemed to be a Participant with respect to his Rollover Contribution Account for all purposes of the Plan except for Article III and this Article (other than this Section).
Limited Participation. An LTPT Employee who is eligible to make Elective Deferrals under Section 8.2 will be a Participant solely with regard to Elective Deferrals and related Account Balances. Except as otherwise provided in Section 2.8(a), an LTPT Employee will not be eligible (1) to receive any employer contributions or (2) to make rollover contributions (unless otherwise permitted under the Plan's administrative policies related to rollover contributions.
Limited Participation. If an Active Participant ceases to be an Employee, while remaining an employee of the Employer (because he or she ceases to be employed by the Employer in an eligible position), the Participant shall cease to be an Active Participant and shall become a Limited Participant. As a Limited Participant, he or she shall not be entitled to the allocation of any Employer contribution for any period of employment as an ineligible employee, nor entitled to make a Participant contribution for any such period of employment. The Limited Participant shall also not be entitled to have his or her period of employment as an ineligible employee count as Years of Vesting Service, but such period shall be considered as continuous uninterrupted employment. During any such period as a Limited Participant, his or her Plan account shall remain in the Plan and shall be invested in accordance with the terms of the Plan, and his or her Plan account shall be credited with investment earnings or losses in accordance with the relevant provisions of the Plan. Upon the Limited Participant's retirement or other termination of employment, his or her Plan account shall be distributed in accordance with the provisions of Article VI or VII, whichever is applicable. If the Limited Participant again becomes an eligible Employee before he or she retires or otherwise terminates employment, he or she shall again become an Active Participant on the day he or she again becomes an eligible Employee (and shall resume having vesting service recognized and be entitled to the allocation of Employer contributions to his or her Plan account).
Limited Participation. If any Registrable Shares are to be registered under Sections 2 or 3 hereof as part of an underwritten offering and, in the opinion of the managing underwriter, it is appropriate because of marketing factors (including, without limitation pricing) to limit the number of Registrable Shares to be included in any particular offering of shares of Common Stock in which any Shareholder has requested registration of Registrable Shares pursuant to Sections 2 or 3 hereof, then Parent shall not be required to include in the registration any more than that number of Registrable Shares, if any, which the managing underwriter believes should be included therein. If the number of Registrable Shares to be included in the offering in accordance with the foregoing is less than the total number of shares which the holders of Registrable Shares have requested to be included, then the holders of Registrable Shares who have requested registration and other holders of securities entitled to include them in such registration shall participate in the registration pro rata based upon their total ownership of shares of Common Stock (giving effect to the conversion into Common Stock of all securities convertible thereinto). If any holder would thus be entitled to include more securities than such holder requested to be registered, the excess shall be allocated among other requesting holders pro rata in the manner described in the preceding sentence.
Limited Participation. Participant’s status as a Limited Participation Member of LEAP in good standing shall entitle Participant to full participation in the Special Committee Project, which shall include participation in SCP meetings, committee sessions (or conferences), online discussions, planning and/or drafting sessions, presentations to LEAP’s board, requests for comments or other in-person or electronic activity initiated in connection with SCP committee work, including the right to vote at the SCP committee level on any committee plans, projects, proposals, or initiatives. Participant, however, shall not be entitled to any participation within LEAP beyond the Special Committee Project level or to any benefits or rights reserved exclusively to any other class of membership of LEAP.
Limited Participation. An LTPT Employee who is eligible to make Elective Deferrals under Section 8.2 will be a Participant solely with regard to Elective Deferrals and related Account Balances. Except as otherwise provided in Section 2.8(a), an LTPT Employee will not be eligible (1) to receive any employer contributions, including top-heavy minimum allocations and safe harbor contributions, (2) to make after-tax Employee voluntary contributions, (3) to make rollover contributions (unless otherwise permitted under the Plan's administrative policies related to rollover contributions), or (4) to make deemed IRA contributions described in Code §408(q).
AutoNDA by SimpleDocs

Related to Limited Participation

  • L/C Participations (a) The Issuing Lender irrevocably agrees to grant and hereby grants to each L/C Participant, and, to induce the Issuing Lender to issue Letters of Credit hereunder, each L/C Participant irrevocably agrees to accept and purchase and hereby accepts and purchases from the Issuing Lender, on the terms and conditions hereinafter stated, for such L/C Participant’s own account and risk an undivided interest equal to such L/C Participant’s Revolving Credit Commitment Percentage in the Issuing Lender’s obligations and rights under and in respect of each Letter of Credit issued hereunder and the amount of each draft paid by the Issuing Lender thereunder. Each L/C Participant unconditionally and irrevocably agrees with the Issuing Lender that, if a draft is paid under any Letter of Credit for which the Issuing Lender is not reimbursed in full by the Borrower through a Revolving Credit Loan or otherwise in accordance with the terms of this Agreement, such L/C Participant shall pay to the Issuing Lender upon demand at the Issuing Lender’s address for notices specified herein an amount equal to such L/C Participant’s Revolving Credit Commitment Percentage of the amount of such draft, or any part thereof, which is not so reimbursed. (b) Upon becoming aware of any amount required to be paid by any L/C Participant to the Issuing Lender pursuant to Section 3.4(a) in respect of any unreimbursed portion of any payment made by the Issuing Lender under any Letter of Credit, the Issuing Lender shall notify each L/C Participant of the amount and due date of such required payment and such L/C Participant shall pay to the Issuing Lender the amount specified on the applicable due date. If any such amount is paid to the Issuing Lender after the date such payment is due, such L/C Participant shall pay to the Issuing Lender on demand, in addition to such amount, the product of (i) such amount, times (ii) the daily average Federal Funds Rate as determined by the Administrative Agent during the period from and including the date such payment is due to the date on which such payment is immediately available to the Issuing Lender, times (iii) a fraction the numerator of which is the number of days that elapse during such period and the denominator of which is 360. A certificate of the Issuing Lender with respect to any amounts owing under this Section shall be conclusive in the absence of manifest error. With respect to payment to the Issuing Lender of the unreimbursed amounts described in this Section, if the L/C Participants receive notice that any such payment is due (A) prior to 1:00 p.m. on any Business Day, such payment shall be due that Business Day, and (B) after 1:00 p.m. on any Business Day, such payment shall be due on the following Business Day. (c) Whenever, at any time after the Issuing Lender has made payment under any Letter of Credit and has received from any L/C Participant its Revolving Credit Commitment Percentage of such payment in accordance with this Section, the Issuing Lender receives any payment related to such Letter of Credit (whether directly from the Borrower or otherwise), or any payment of interest on account thereof, the Issuing Lender will distribute to such L/C Participant its pro rata share thereof; provided, that in the event that any such payment received by the Issuing Lender shall be required to be returned by the Issuing Lender, such L/C Participant shall return to the Issuing Lender the portion thereof previously distributed by the Issuing Lender to it.

  • Community Participation Goods and works required for Part A of the Project shall be procured in accordance with procedures acceptable to the Association.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!