Delinquent Participant definition

Delinquent Participant shall have the meaning set forth in Section 4(c) hereof.
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Delinquent Participant means any of the Participant or any Other Participant which fails to meet its obligation for payment for Nacimiento Project Water hereunder or under any Like- Contract, as further described in Article 25(A) hereof.
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Delinquent Participant is defined in Section 13.2(h). "Dollars" or" $" means dollars in lawful currency of the United States of America.
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Examples of Delinquent Participant in a sentence

  • Finally, only check “Field Trips” under instructional methods if these are trips that must receive prior Board of Trustees approval.

  • For the year ended December 31, 2019, the Company did not remit certain participant contributions to the Plan on a timely basis as defined by the Department of Labor's Rules and Regulations for Reporting and Delinquent Participant Contributions Disclosure under ERISA.

  • Delinquent Participant loans are reclassified as benefit payments based upon the terms of the Plan document.

  • The accompanying Schedule of Delinquent Participant Contributions discloses this transaction in accordance with the DOL’s Rules and Regulations for Reporting and Disclosure under ERISA.

  • The accompanying Schedule of Delinquent Participant Contributions discloses these transactions in accordance with the DOL’s Rules and Regulations for Reporting and Disclosure under ERISA.

  • Delinquent Participant notes are reclassified as distributions based upon the terms of the Plan.

  • For the year ended December 31, 2011, the Company did not remit participant contributions to the Plan on a timely basis as defined by the Department of Labor’s Rules and Regulations for Reporting and Delinquent Participant Contributions Disclosure under ERISA.

  • As reported on the supplemental Schedule of Delinquent Participant Contributions (Schedule H, Line 4a), withheld participant contributions and loan repayments from one payroll date in 2016 were not remitted to the trust within the time frame specified by the Department of Labor’s plan asset regulation (29 CFR 2510.3-102), thus constituting a nonexempt prohibited transaction between the Plan and the Employer for the period November 10, 2016 to November 18, 2016.

  • As reported on Schedule H, Line 4a – Schedule of Delinquent Participant Contributions, certain participant contributions and loan repayments were not remitted to the trust within the time frame specified by the Department of Labor’s Regulation 29 CFR 2510.3-102, thus constituting nonexempt transactions between the Plan and the Company.

  • Delinquent Participant loans are reclassified as benefit payments based upon the terms of the Plan document.Payment of Benefits — Benefits are recorded when paid.Expenses — Certain expenses of maintaining the Plan are paid by the Bank and are excluded from the financial statements.


More Definitions of Delinquent Participant

Delinquent Participant has the meaning specified in Section 16.2.2.2 of the Participation Agreement.
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Delinquent Participant shall have the meaning assigned to it in Section 7.1 hereof.
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Related to Delinquent Participant

  • Current Participant means a person who participated in the Plan during the Class Period and had an Active Account on May 11, 2018.

  • Terminated Participant means a person who has been a Participant, but whose employment has been terminated other than by death, Total and Permanent Disability or retirement.

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • Designated Participant means such employees or officers of the Company or a related entity of the Company as the Board may designate from time to time as eligible to participate in the Plan;

  • Auction Participant or “Bidder” means a Person or Persons who submitted a bid as per the E- Auction Process Memorandum; and shall include a Qualified Bidder or the Successful Bidder and as the context requires;

  • L/C Participant shall have the meaning provided in Section 3.3(a).

  • Nonparty participant means a person, other than a party or mediator, that participates in a mediation.

  • Participant has the meaning specified in Section 10.06(d).

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • Employee Participant means an Employee who holds an outstanding Award under the terms of the Plan.

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Reporting Participant means a Participant who is subject to the reporting requirements of Section 16 of the Exchange Act.

  • Qualified Participant means an individual who is a participant of Tier 2 and who meets 1 of the following requirements:

  • Loan Participant means each Purchaser and its respective successors and registered assigns, including any Certificate Holder.

  • Non-Highly Compensated Participant means any Participant who is neither a Highly Compensated Employee nor a Family Member.

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • Major Participant means each Equity Member and each member of the Proposer’s organization: (a) with primary responsibility for design; (b) with primary responsibility for construction; or (c) with a proposed subcontract with a value greater than or equal to 5% of the contract price or $20 million, whichever is greater.

  • First Tier Participant refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Active Participant means, with respect to any day or date, a Participant who is in Service on such day or date; provided, that a Participant shall cease to be an Active Participant (i) immediately upon a determination by the Committee that the Participant has ceased to be an Employee or Independent Contractor, or (ii) at the end of the Plan Year that the Committee determines the Participant no longer meets the eligibility requirements of the Plan.

  • Potential Takedown Participant shall have the meaning set forth in Section 3.2.5(b).

  • Eligible Participant means an employee, officer, consultant or director of the Company or any Affiliate.

  • Other Participant means a cooperative project participant other than the United States.

  • Section 16 Participant means a participant under the Plan who is then subject to Section 16 of the Exchange Act.

  • Study Participant means a person recruited to participate in the Study.