Approved Participant definition

Approved Participant is defined in Section 12.2(c).

Approved Participant means any Person to whom a participation is sold pursuant to Section 10.03(e) with the approval of the Borrower Representative and written approval of the Administrative Agent (in each case, such approval not to be unreasonably withheld); provided that any Person to whom a participation is sold pursuant to Section 10.03(e) when an Event of Default has occurred and is continuing shall be an Approved Participant. An Approved Participant (in place of the related Assigning Lender) shall be deemed to be a “Lender” for purposes of the definitions of “Majority Lenders” and “Supermajority Lenders” and Section 10.01 to the extent a related Assigning Lender assigns its voting rights to such Approved Participant in connection with the participation.

Approved Participant means an approved participant of the Bourse, whose name is duly recorded as such on the register referred to in article 3010 of the Rules of the Bourse and who has been approved by the Bourse pursuant to its Rules for the purpose of trading products listed on the Bourse;

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.

• Records related to the transaction must be provided to the Bourse upon request and it is the responsibility of the Approved Participant to obtain and provide on a timely basis records of their clients as requested by the Bourse.

• If the Bourse determines that the trade price is inside the No Review Range, the Bourse will notify the two Approved Participant counterparties to the trade that the trade shall stand as executed; provided however, the Bourse may cancel such a trade within 15 minutes of the trade’s execution and within the trading session during which the trade was executed (early, regular or extended), if both Approved Participant counterparties to the trade voluntarily consent to cancellation of the trade.

• Where the Bourse on its own analysis determines to review a trade or trades for adjustment or cancellation, or where an Approved Participant has requested review of a specific trade and that trade is outside of the No Review Range provided under paragraph g) of this article, the Bourse will notify the parties to the trade that the trade or trades are under review by the Bourse.

• The Recipient shall: • Develop content and a suitable delivery method of training and skills development for each Approved Participant.

More Definitions of Approved Participant

Approved Participant means an individual in a business, professional or official capacity who has been approved by the Recipient as a participant, in either the Starter Company Plus program or in the Summer Company program.

Approved Participant means an individual who is a participant in the SBEC Program either as a Starter Company Plus Initiative Approved Participant or a Summer Company Initiative Approved Participant.

Approved Participant means any Person to whom a participation is sold pursuant to Section 10.03(e) with the approval of the Borrower Representative and the Administrative Agent (in each case, such approval not to be unreasonably withheld); provided that no consent of the Borrower Representative shall be required if an Event of Default has occurred and is continuing. An Approved Participant shall be deemed to be a “Lender” for purposes of the definition of “Majority Lenders” and Section 10.01 to the extent a related Assigning Lender assigns its voting rights to such Approved Participant in connection with the participation.

Approved Participant means any Person to whom a participation is sold pursuant to Section 10.03(e) with the approval of the Borrower Representative and the Administrative Agent (in each case, such approval not to be unreasonably withheld); provided that no consent of the Borrower Representative shall be required if an Event of Default has occurred and is continuing. An Approved Participant shall be deemed to be a “Lender” for purposes of the definitions of “Majority Lenders”, “Thirty-Three Percent Lenders”, “Supermajority Lenders”, “Eighty-Five Percent Lenders” and Section

Approved Participant refers to a firm or other person that has entered into an agreement with the Company to access the trading facilities of its markets;

Approved Participant means both Approved Participant and Foreign Approved Participant, as defined under the Rules;

Approved Participant means Calyon New York Branch.