{"component": "clause", "props": {"groups": [{"size": 8, "snippet_links": [{"key": "equity-stake", "type": "definition", "offset": [0, 12]}, {"key": "ownership-interest", "type": "definition", "offset": [16, 34]}, {"key": "voting-rights", "type": "clause", "offset": [40, 53]}, {"key": "qualified-operator", "type": "clause", "offset": [63, 81]}, {"key": "capital-stock", "type": "definition", "offset": [130, 143]}, {"key": "five-percent", "type": "clause", "offset": [165, 177]}, {"key": "of-the-concessionaire", "type": "clause", "offset": [184, 205]}, {"key": "period-of-time", "type": "clause", "offset": [256, 270]}, {"key": "in-the-contract", "type": "clause", "offset": [282, 297]}], "samples": [{"hash": "ecyC6N8Yu2O", "uri": "/contracts/ecyC6N8Yu2O#minimum-participation", "label": "Concession Contract", "score": 24.4579055441, "published": true}, {"hash": "dquAVN3VpUf", "uri": "/contracts/dquAVN3VpUf#minimum-participation", "label": "Concession Contract", "score": 24.4579055441, "published": true}, {"hash": "8fwDdrsnIIj", "uri": "/contracts/8fwDdrsnIIj#minimum-participation", "label": "Concession Contract", "score": 24.4579055441, "published": true}], "snippet": "Equity stake or ownership interest with voting rights that the Qualified Operator shall have and maintain in the CONCESSIONAIRE\u2019s capital stock, amounting to twenty-five percent (25%) of the CONCESSIONAIRE\u2019s subscribed and paid-in capital stock during the period of time stipulated in the Contract.", "hash": "58e7c3e133306ec28ea4dae5726e5dff", "id": 1}, {"size": 5, "snippet_links": [{"key": "the-recipient", "type": "definition", "offset": [60, 73]}, {"key": "the-construction", "type": "clause", "offset": [88, 104]}, {"key": "rehabilitation-of", "type": "clause", "offset": [122, 139]}, {"key": "substantially-rehabilitated", "type": "definition", "offset": [197, 224]}, {"key": "the-program", "type": "clause", "offset": [231, 242]}, {"key": "for-sale", "type": "clause", "offset": [258, 266]}, {"key": "to-live", "type": "definition", "offset": [292, 299]}], "samples": [{"hash": "3igvjrWV6UM", "uri": "/contracts/3igvjrWV6UM#minimum-participation", "label": "Grant Agreement", "score": 28.8564793104, "published": true}, {"hash": "d9k6CfOCkh3", "uri": "/contracts/d9k6CfOCkh3#minimum-participation", "label": "Grant Agreement", "score": 23.7274338109, "published": true}, {"hash": "cXdJNQp3MAd", "uri": "/contracts/cXdJNQp3MAd#minimum-participation", "label": "Grant Agreement", "score": 23.7274338109, "published": true}], "snippet": "Except as provided in paragraph (a) or (b) of this section, the recipient may not begin the construction or substan- tial rehabilitation of homes until 25 percent of the homes to be constructed or substantially rehabilitated under the program are contracted for sale to purchasers who intend to live in the homes and the downpayments required under \u00a7 280.45(b) have been made.", "hash": "5d59126e23116840e4d8f5114f2f7f7a", "id": 2}, {"size": 3, "snippet_links": [{"key": "this-agreement", "type": "clause", "offset": [3, 17]}, {"key": "become-effective", "type": "clause", "offset": [24, 40]}, {"key": "at-the-time", "type": "clause", "offset": [41, 52]}, {"key": "local-governments", "type": "definition", "offset": [69, 86]}, {"key": "the-total", "type": "clause", "offset": [105, 114]}, {"key": "litigating-local-government", "type": "definition", "offset": [115, 142]}, {"key": "total-population", "type": "clause", "offset": [198, 214]}, {"key": "eligible-primary", "type": "clause", "offset": [218, 234]}, {"key": "settlement-agreements", "type": "clause", "offset": [283, 304]}, {"key": "this-mou", "type": "definition", "offset": [347, 355]}, {"key": "mou-effective-date", "type": "definition", "offset": [358, 376]}, {"key": "for-avoidance-of-doubt", "type": "clause", "offset": [383, 405]}, {"key": "a-list", "type": "definition", "offset": [407, 413]}, {"key": "effective-dates", "type": "clause", "offset": [572, 587]}, {"key": "exhibit-3", "type": "definition", "offset": [629, 638]}], "samples": [{"hash": "8cYaT8FbBxp", "uri": "/contracts/8cYaT8FbBxp#minimum-participation", "label": "Memorandum of Understanding", "score": 30.9157610764, "published": true}, {"hash": "8SJOqZcs66x", "uri": "/contracts/8SJOqZcs66x#minimum-participation", "label": "Memorandum of Understanding", "score": 30.9157610764, "published": true}, {"hash": "7xcxqUqrIku", "uri": "/contracts/7xcxqUqrIku#minimum-participation", "label": "Memorandum of Understanding", "score": 30.9157610764, "published": true}], "snippet": "1. This Agreement shall become effective at the time when Litigating Local Governments comprising 95% of the total Litigating Local Government population and Local Governments comprising 80% of the total population of eligible Primary Subdivisions as defined and described in in the Settlement Agreements with a population over 30,000 people sign this MOU (\u201cMOU Effective Date\u201d).\n2. For avoidance of doubt, a list of the Litigating Local Governments and eligible Primary Subdivisions with a population over 30,000 people whose participation is required to achieve the MOU Effective Dates as set forth above is attached hereto as Exhibit 3.", "hash": "7cee634ee40cde994a2b2b5dff475f27", "id": 3}, {"size": 2, "snippet_links": [{"key": "the-capital-stock", "type": "clause", "offset": [37, 54]}, {"key": "voting-rights", "type": "clause", "offset": [60, 73]}, {"key": "the-operator", "type": "clause", "offset": [101, 113]}, {"key": "of-the-concessionaire", "type": "clause", "offset": [195, 216]}, {"key": "term-of-concession", "type": "clause", "offset": [232, 250]}], "samples": [{"hash": "20mTyPiKa5s", "uri": "/contracts/20mTyPiKa5s#minimum-participation", "label": "Single Concession Contract for the Provision of Public Telecommunication Services", "score": 26.7166324435, "published": true}, {"hash": "1RPQQK5CzIg", "uri": "/contracts/1RPQQK5CzIg#minimum-participation", "label": "Single Concession Contract for the Provision of Public Telecommunication Services", "score": 26.7166324435, "published": true}], "snippet": "It is the fifty-one percent (51%) of the Capital Stock with voting rights in the CONCESSIONAIRE that the OPERATOR must have, and such percentage must be maintained from the date of incorporation of the CONCESSIONAIRE and during the term of CONCESSION.", "hash": "7c5ffe5fec9e876ac8cdd6e9beede14e", "id": 4}, {"size": 2, "snippet_links": [{"key": "board-shall", "type": "definition", "offset": [4, 15]}, {"key": "pooling-program", "type": "definition", "offset": [35, 50]}, {"key": "section-1", "type": "definition", "offset": [65, 74]}, {"key": "program-implementation", "type": "clause", "offset": [110, 132]}, {"key": "each-member", "type": "definition", "offset": [165, 176]}, {"key": "maintenance-deductible", "type": "definition", "offset": [215, 237]}, {"key": "the-excess", "type": "clause", "offset": [258, 268]}], "samples": [{"hash": "b8YlOYVj9hf", "uri": "/contracts/b8YlOYVj9hf#minimum-participation", "label": "Interlocal Cooperation Agreement", "score": 25.4163896079, "published": true}, {"hash": "fSbsod39D5u", "uri": "/contracts/fSbsod39D5u#minimum-participation", "label": "Interlocal Cooperation Agreement", "score": 19.0, "published": true}], "snippet": "The Board shall determine for each pooling program, described in Section 1 above, a minimum participation for program implementation, which shall be communicated to each Member and shall establish the amount of any Maintenance Deductible upon agreement with the excess insurers involved.", "hash": "3b99726982423e5c61c85fc4eeeb7400", "id": 5}, {"size": 2, "snippet_links": [{"key": "five-percent", "type": "clause", "offset": [7, 19]}, {"key": "of-the-concessionaire", "type": "clause", "offset": [26, 47]}, {"key": "corporate-capital", "type": "clause", "offset": [73, 90]}, {"key": "owned-by", "type": "definition", "offset": [91, 99]}], "samples": [{"hash": "dekp1NqWeDn", "uri": "/contracts/dekp1NqWeDn#minimum-participation", "label": "Investment Commitment Contract", "score": 23.6105407255, "published": true}, {"hash": "a6jpMFG8ddi", "uri": "/contracts/a6jpMFG8ddi#minimum-participation", "label": "Concession Contract", "score": 21.5434633812, "published": true}], "snippet": "Twenty-five percent (25%) of the Concessionaire\u2019s subscribed and paid-in corporate capital owned by the Shortlisted Operator.", "hash": "f07682bd509a23756db2269dcf9e56f6", "id": 6}, {"size": 2, "snippet_links": [{"key": "at-all-times", "type": "definition", "offset": [0, 12]}, {"key": "group-policy", "type": "definition", "offset": [36, 48]}, {"key": "renewals-and-extensions", "type": "clause", "offset": [64, 87]}, {"key": "the-policyholder", "type": "definition", "offset": [89, 105]}, {"key": "equal-to", "type": "definition", "offset": [142, 150]}, {"key": "the-schedule", "type": "clause", "offset": [231, 243]}, {"key": "participation-requirements", "type": "definition", "offset": [263, 289]}, {"key": "employee-participation", "type": "clause", "offset": [364, 386]}, {"key": "in-accordance-with", "type": "definition", "offset": [390, 408]}, {"key": "terms-of", "type": "definition", "offset": [413, 421]}, {"key": "this-policy", "type": "definition", "offset": [422, 433]}, {"key": "to-provide", "type": "definition", "offset": [459, 469]}, {"key": "census-data", "type": "definition", "offset": [470, 481]}, {"key": "payroll-records", "type": "definition", "offset": [504, 519]}, {"key": "time-sheets", "type": "clause", "offset": [521, 532]}, {"key": "other-documents", "type": "definition", "offset": [541, 556]}, {"key": "requested-by", "type": "definition", "offset": [562, 574]}, {"key": "for-the-purpose-of", "type": "definition", "offset": [589, 607]}, {"key": "participation-levels", "type": "clause", "offset": [635, 655]}, {"key": "of-employees", "type": "clause", "offset": [656, 668]}, {"key": "employees-must", "type": "clause", "offset": 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"interest-of-the-members", "type": "clause", "offset": [7673, 7696]}, {"key": "ability-to", "type": "definition", "offset": [7730, 7740]}, {"key": "contractual-obligations", "type": "clause", "offset": [7746, 7769]}, {"key": "in-the-case", "type": "clause", "offset": [7773, 7784]}, {"key": "group-health-benefit-plan", "type": "clause", "offset": [7790, 7815]}, {"key": "covered-services", "type": "definition", "offset": [7830, 7846]}, {"key": "healthcare-providers", "type": "definition", "offset": [7878, 7898]}, {"key": "the-service-area", "type": "clause", "offset": [7962, 7978]}, {"key": "provider-network", "type": "clause", "offset": [7986, 8002]}, {"key": "bona-fide", "type": "definition", "offset": [8104, 8113]}, {"key": "the-membership", "type": "clause", "offset": [8128, 8142]}, {"key": "an-employer", "type": "clause", "offset": [8146, 8157]}, {"key": "the-association", "type": "clause", "offset": [8161, 8176]}, {"key": "termination-of-coverage", "type": "clause", "offset": [8192, 8215]}, {"key": "related-to", "type": "clause", "offset": [8223, 8233]}, {"key": "status-of", "type": "clause", "offset": [8245, 8254]}], "samples": [{"hash": "k1UKl9doYzp", "uri": "/contracts/k1UKl9doYzp#minimum-participation", "label": "Group Policy of Medical, Surgical, and Hospital Insurance", "score": 24.4414784394, "published": true}], "snippet": "At all times during the term of the group policy, including all renewals and extensions, the policyholder must maintain a participation level equal to or in excess of the amounts or percentages stated as \u2018Minimum Participation\u2019 in the Schedule. \u2022 Verification of participation requirements. PacificSource may verify with the policyholder, at reasonable times that employee participation is in accordance with the terms of this policy. The policyholder agrees to provide census data, waivers of coverage, payroll records, time sheets, and/or other documents when requested by PacificSource for the purpose of confirming eligibility and participation levels of employees. \u2022 Employers with at least 51 eligible employees must enroll all eligible employees in an eligible category unless otherwise agreed to by PacificSource in writing. If PacificSource agrees to allow employees to decline coverage, then employees declining coverage must submit a written Waiver of Coverage at initial enrollment or at the time of disenrollment. The waiver must state that coverage is being declined in accordance with the terms of this policy. Failure to meet participation requirements will cause the policy\u2019s premium to be adjusted accordingly, regardless of how long the policy has been in force. The premium adjustment will occur on the next monthly premium due date following 60 days\u2019 notice by PacificSource. PREMIUM \u2022 Monthly premium. The monthly premium amounts and the required employer premium contribution amount or percentage for each member are included in the \u2018Monthly Premium Information\u2019 in the Schedule. \u2022 Premium modifications. PacificSource may modify premium rates on any renewal date by giving the group a 30 day prior written notice. The group may reject the modification by giving written notice to PacificSource at least 15 days before the modification is to take place. Rejection of any modification terminates this policy. Payment of premium after receiving notice of modification constitutes the policyholder\u2019s acceptance of the change. \u2022 When premium is due. By the first day of each month while the group policy continues in effect, the policyholder will pay to PacificSource monthly premiums as follows: \u2212 Full monthly premium for each member who is enrolled for all or any part of the month except as provided below. \u2212 Prorated premium for each member who becomes enrolled after the first of the month in accordance with any policy provision that allows mid-month enrollment. The prorated premium is equal to 1/30 the full monthly premium, multiplied by the number of days remaining in the month from the date of enrollment. \u2212 Premium is not considered paid until PacificSource receives the full premium amount by check, money order, or an accepted electronic transaction. The policyholder is not the agent of PacificSource for the purpose of collecting premiums. \u2022 Premium tax and/or assessments. In the event your state or the federal government imposes a tax on premium received from your state sited policyholders, or an assessment is imposed, PacificSource reserves the right to increase such policyholders\u2019 premium rates to include the amount of the premium tax or assessment. The increase in premium rates becomes effective on the date the tax or assessment is imposed on the premium of your state sited policyholders. \u2022 Grace period. There is a 30 day grace period for payment of each monthly premium. If premium is not paid within the grace period, PacificSource will cancel the group policy at the end of the grace period after the policyholder is notified in writing by PacificSource that premium is past due. (See General Policy Provisions - Term and Termination - Notice of termination.) The group\u2019s coverage and all claim liability will end on the last day of the last month for which premiums were paid by the policyholder and accepted by PacificSource. If PacificSource deposits funds remitted by the policyholder after the grace period, that action does not automatically constitute reinstatement of an expired policy. Any premium deposited after the grace period will be refunded to the policyholder. \u2022 Reinstatement after grace period expires. If this policy is terminated for non-payment of premium, the policyholder may have the policy reinstated by remitting all past due premium within 15 days after the grace period ends. Reinstatement of this policy may not be made more than twice in one contract year. At its discretion, PacificSource may require that funds remitted by the policyholder to be in the form of a cashier\u2019s check. Funds that are received by PacificSource after the 15 day reinstatement period will not be accepted for the purpose of reinstatement but will either be refunded to the policyholder or applied to claims expense paid by PacificSource after the policy\u2019s coverage ended, if any. If the group health policy is terminated for non-payment of premium, the policyholder may reapply to PacificSource for a new group health policy at the next anniversary date of this policy. \u2022 When premium is mistakenly paid. PacificSource will refund to the policyholder premium that was paid in error but only to a maximum of two months\u2019 premium and less any claims expense paid by PacificSource on behalf of the enrolled individual for which a refund is requested. All refund requests must be made in writing and payroll records may be required to substantiate the request. \u2022 Refund of unused premium. If for any reason the policyholder cancels coverage under this policy, the policyholder shall notify PacificSource on a timely basis. PacificSource will refund to the policyholder any unused premium received for the period of ineligibility. \u2018Unused collected premium\u2019 means that portion of any premium collected which is not used, on a pro rata basis to the beginning of the next billing cycle at the time of cancellation, by PacificSource to insure against loss when there is no risk of loss, or that portion of any collected premium which would have not been collected had the policyholder paid monthly. GENERAL POLICY PROVISIONS TERM AND TERMINATION \u2022 Policy term. The group policy becomes effective at 12:00:01 a.m. local time on the date written opposite \u2018Group Effective Date\u2019 in the Schedule, and continues in effect for a period of 12 months, provided premiums are paid when due and in the required amounts. The group policy is automatically renewed from month to month thereafter unless modified or terminated as described below. \u2022 Policy renewal. The policy is renewable with respect to all eligible members at the option of the policyholder, unless: \u2212 The policyholder fails to pay the required premium. Termination is effective on the last day of the last month for which premium was paid. \u2212 The policyholder with respect to coverage of individual members, or the policyholder\u2019s or member\u2019s representative engages in fraud or makes an intentional misrepresentation of a material fact as prohibited by the terms of this plan. \u2212 The number of members is less than the number or percentage of eligible employees required by the policy\u2019s participation requirements. \u2212 The policyholder fails to maintain the minimum employer premium contribution required. \u2212 PacificSource elects not to renew all of its health benefit plans delivered or issued in the large group market in your state, provided the following condition is satisfied: \u03bf Notice of the decision to all affected employers at least 180 days prior to the nonrenewal of any health benefit plans. \u2212 The employer no longer satisfies the definition of a large employer. \u2212 The Department of Insurance finds continuation of this policy\u2019s coverage would not be in the interest of the members, or would impair PacificSource\u2019s ability to meet contractual obligations. \u2212 In the case of a group health benefit plan that delivers covered services through a specified network of healthcare providers, there is no longer any member who lives, resides, or works in the service area of the provider network. \u2212 In the case of a health benefit plan that is offered in the group market only through one or more bona fide associations, the membership of an employer in the association ceases and the termination of coverage is not related to the health status of any member. \u2212 The policyholder terminates the policy on any premium due date with a 30 day prior written notice to PacificSource.", "hash": "3e65bfd4b583ee81591bb3f6987b0320", "id": 7}, {"size": 1, "snippet_links": [{"key": "at-closing", "type": "clause", "offset": [0, 10]}, {"key": "issued-and-outstanding", "type": "clause", "offset": [72, 94]}, {"key": "sirius-shares", "type": "definition", "offset": [95, 108]}, {"key": "as-of-the-closing-date", "type": "clause", "offset": [109, 131]}, {"key": "participating-shareholder", "type": "clause", "offset": [138, 163]}, {"key": "fully-executed", "type": "definition", "offset": [200, 214]}, {"key": "subscription-agreement", "type": "definition", "offset": [215, 237]}, {"key": "exhibit-a", "type": "clause", "offset": [284, 293]}, {"key": "investor-questionnaire", "type": "definition", "offset": [322, 344]}, {"key": "stock-certificates", "type": "definition", "offset": [399, 417]}, {"key": "stock-powers", "type": "definition", "offset": [444, 456]}, {"key": "owned-by", "type": "definition", "offset": [526, 534]}], "samples": [{"hash": "dqZ5bFLBdPw", "uri": "/contracts/dqZ5bFLBdPw#minimum-participation", "label": "Merger Agreement (Dusa Pharmaceuticals Inc)", "score": 18.0, "published": true}], "snippet": "At Closing, DUSA must receive not less than ninety percent (90%) of the issued and outstanding Sirius Shares as of the Closing Date. Each Participating Shareholder must have returned to Sirius: (a) a fully executed Subscription Agreement, substantially in the form attached hereto as Exhibit A; (b) a completed and signed investor questionnaire previously distributed by Sirius; and (c) one or more stock certificates, with completed confirmed stock powers endorsed to DUSA, representing all of the Sirius Shares beneficially owned by the Sirius Shareholder.", "hash": "bbb3919fa06e97184b3581b9009e96b8", "id": 8}, {"size": 1, "snippet_links": [{"key": "stock-shall", "type": "definition", "offset": [101, 112]}, {"key": "this-agreement", "type": "clause", "offset": [127, 141]}, {"key": "be-prepared", "type": "clause", "offset": [146, 157]}, {"key": "at-the-closing", "type": "definition", "offset": [213, 227]}], "samples": [{"hash": "fSnSQdosLD6", "uri": "/contracts/fSnSQdosLD6#minimum-participation", "label": "Stock Purchase Agreement (Metatools Inc)", "score": 18.0, "published": true}], "snippet": "Stockholders holding at least 97% of the --------------------- outstanding shares of Company Capital Stock shall have executed this Agreement and be prepared to tender all of their shares of Company Capital Stock at the Closing.", "hash": "b93e1608ba0d73436db9d2ca788a3ce1", "id": 9}, {"size": 1, "snippet_links": [{"key": "right-to-vote", "type": "definition", "offset": [57, 70]}, {"key": "qualified-operator", "type": "clause", "offset": [81, 99]}, {"key": "the-capital-stock", "type": "clause", "offset": [127, 144]}, {"key": "of-the-concessionaire", "type": "clause", "offset": [145, 166]}, {"key": "five-percent", "type": "clause", "offset": [188, 200]}, {"key": "the-term", "type": "clause", "offset": [275, 283]}, {"key": "in-the-contract", "type": "clause", "offset": [293, 308]}], "samples": [{"hash": "1auWmyR5Klp", "uri": "/contracts/1auWmyR5Klp#minimum-participation", "label": "Concession Contract", "score": 24.3470225873, "published": true}], "snippet": "Is the shareholding or percentage of participations with right to vote, that the Qualified Operator shall have and maintain in the capital stock of the Concessionaire, that amounts twenty five percent (25%) of the subscribed and paid capital stock of the Concessionaire, for the term provided in the Contract.", "hash": "da6de48ae412c6991d739829d2d2beb2", "id": 10}], "next_curs": "Cl4SWGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjoLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ih5taW5pbXVtLXBhcnRpY2lwYXRpb24jMDAwMDAwMGEMogECZW4YACAA", "clause": {"size": 33, "children": [["below-minimum-number-of-participants", "Below Minimum Number of Participants"]], "parents": [["responsibility-for-assessments", "Responsibility for Assessments"], ["election-and-term-of-office", "Election and Term of Office"], ["other-staff", "Other Staff"], ["purposes-of-pact", "PURPOSES OF PACT"], ["purposes-of-the-pact", "PURPOSES OF THE PACT"]], "title": "Minimum Participation", "id": "minimum-participation", "related": [["program-participation", "Program Participation", "Program Participation"], ["joint-participation", "Joint Participation", "Joint Participation"], ["continued-participation", "Continued Participation", "Continued Participation"], ["company-participation", "Company Participation", "Company Participation"], ["l-c-participations", "L/C Participations", "L/C Participations"]], "related_snippets": [], "updated": "2025-07-07T12:37:54+00:00", "also_ask": [], "drafting_tip": null, "explanation": "The Minimum Participation clause sets a required threshold for the number or percentage of participants needed for a particular agreement, transaction, or event to proceed. In practice, this might mean that a loan syndication will only close if a certain amount of commitments are received, or a shareholder vote is only valid if a minimum number of shares are represented. This clause ensures that actions are only taken when there is sufficient involvement or support, thereby protecting parties from proceeding under inadequate participation and ensuring legitimacy or viability of the process."}, "json": true, "cursor": ""}}