Approved Participant definition
Examples of Approved Participant in a sentence
For purposes of this Section 10.01, each Approved Participant to whom a related Assigning Lender assigned its voting rights shall be deemed to be a “Lender” whose consent shall be required to the same extent as consent of any other Lender that would otherwise be required.
Such agreement, including the level of each relevant Applicable Stablecoin held as a Party Product Stablecoin as of the date of the Approved Participant Schedule, if applicable, shall be documented in an Approved Participant Schedule.
The Lenders agree to share with each Approved Participant, and each Approved Participant, by exercising the right of setoff provided in Section 11.1, agrees to share with each Lender, any amount received pursuant to the exercise of its right of setoff, such amounts to be shared in accordance with Section 11.2 as if each Approved Participant were a Lender.
The Recipient shall: • Match each Approved Participant with a mentor who will provide support, entrepreneur advice and expertise for a minimum of three months.
The Recipient shall: • Develop content and a suitable delivery method of training and skills development for each Approved Participant.