Electing Participant definition

Electing Participant shall have the meaning set forth in Section 6.3 of this Agreement.
Electing Participant means any Backstop Participant delivering a Call Participation Notice.
Electing Participant means a Participant who delivers a written notice, electing to have the foregoing provision of this Amendment apply to himself or herself, to the Committee no later than 25 business days after the effective date of this Amendment.

Examples of Electing Participant in a sentence

  • Each Electing Participant will be obligated to purchase their Pro Rata Portion of the Trust Shares and to pay their corresponding portion of the Call Purchase Price.

  • The Ownership Interest proposed to be transferred by each Majority Seller and Electing Participant shall be transferred free and clear of all liens, claims and encumbrances of any kind (other than those imposed by federal and state securities laws, this Agreement, the LLC Agreement or the Limited Partnership Agreement).

  • Within a reasonable period before the first day of each Plan Year, each Eligible Participant shall be entitled to elect (i) to receive distribution of Designated Dividends payable hereunder in the form of cash (any such Participant referred to herein as an Electing Participant), or (ii) to reinvest the amount of such Dividends in the Qualifying Employer Securities Fund.

  • Any and all compensation, fees and other expenses of the Advisor shall be paid by the Electing Participants, pro rata, based on the number of shares to be sold by each Electing Participant in a Coordinated Block Trade.

  • Husky or the operator of such Well shall provide Notice to the Electing Participant for a cash call in an amount equal to the sum of each Electing Participant’s WI and any Additional WI to be received by the Electing Participant (collectively, “Elected WI”), multiplied by the amount of the AFE on an 8/8th’s basis (“Cash Call”).

  • Each such Remaining Holder who so elects (an "Electing Participant") shall have the right to transfer in the contemplated transaction, at the same price and on the same terms, all or any portion of its Ownership Interest, except as limited in the following sentence.

  • Designated Dividends shall be (i) directly distributed to each Electing Participant as soon as practicable after each dividend payment date, or (ii) distributed from the Plan at least as frequently as annually, not later than 90 days after the close of the Plan Year in which each dividend payment date occurs, in the discretion of the Plan Administrator.

  • In the event that a Cutback results in the actual inclusion of less than all of the Equity Securities designated for inclusion in a Coordinated Block Trade by the Electing Participants, then the number of Equity Securities that will be included in such block trade shall be shared pro rata among the Electing Participants based on the relative number of Eligible Securities held by each such Electing Participant.

  • An Assessing Board shall assess an Electing Participant in accordance with the AAP, in accordance with its law and policies, and at the appropriate assessment rate; and shall levy and collect assessments for each Worker, on its own behalf and on behalf of all Registering Boards.


More Definitions of Electing Participant

Electing Participant means an Employee who: (1) was a Participant on January 1, 1992, and (2) by an instrument in writing filed with the Administrator no later than May 31, 1992, elects to receive a Lump Sum Payment.
Electing Participant means (i) all Participants with respect to Plan Years ending on or prior to December 31, 1999, (ii) any Participant who elects as provided by the Administrator for the Plan Year ending December 31, 2000 to have contributions made by the Company to the Trust to satisfy the liability of the Company to such Participant under the Plan, and (iii) with respect to each Plan Year commencing after December 31, 2000, any Participant who elects on such person's application for participation for a Plan Year to have contributions made by the Company to the Trust to satisfy the liability of the Company to such Participant under the Plan.
Electing Participant means an Employee who: (1) was a Participant on April 1, 1991 and (2) by an instrument in writing filed with the Administrator no later than August 31, 1991, elects to receive a Lump Sum Payment.
Electing Participant means: (i) an employer who participates in the AAP; and (ii) an individual who has optional coverage with an Assessing Board, who is responsible to pay assessment for such coverage, and who participates in the AAP;
Electing Participant has the meaning set forth in Section 3.6(b).