Designated Participant definition
Examples of Designated Participant in a sentence
No Lender shall provide, and no Designated Participant shall be entitled to receive, any Information unless such Information is publicly available at the time of the disclosure thereof.
If for any reason, the redemption request with respect to a Creation Unit of a Designated Series submitted by a BD Participant on a Designated Date does not include such a duly executed waiver provided for in the form of redemption request, the BD Participant understands and agrees that State Street Bank shall cause such redemption request to be referred to a Designated Participant.
The BD Participant agrees that in referring any redemption request with respect to a Designated Series on a Designated Date to a Designated Participant it shall do so in a prompt and timely manner to permit such Designated Participant to execute the redemption request on the same date.
The Payment Amount for a Designated Participant shall be determined using Table A if the Committee determines that such Designated Participant’s Performance Goals are to be measured by the performance of one or more Subsidiaries, or Table B if the Committee determines that such Designated Participant’s Performance Goals are to be measured by the performance of the Company, in each case as is more fully described in Section 3 hereof.
In addition to the base salary provided for in Paragraph 2 above, for each fiscal year during which Employee serves as President of the Specialty Chemicals Group and provided Employee is in the employ of the Corporation on the last day of such fiscal year (except as provided in paragraphs 5 and 6 hereof), the Employee shall be entitled to be a Designated Participant in any Synalloy Corporation Subsidiary and Divisional Management Incentive Plan covering the Specialty Chemicals Group.