Eligible Agent definition

Eligible Agent means any exclusive insurance agent independent contractor operating as a sole proprietorship who has submitted a Form W-9 to Allstate Human Resources which substantiates his or her business as a sole proprietorship and who is
Eligible Agent means (a) a Class A Limited Member or an Affiliate of a Class A Limited Member, (b) the Paying Agent or an Affiliate of the Paying Agent or (c) any other Person approved by the Required Class A Limited Members (such approval not to be unreasonably withheld or delayed); provided that neither the Company nor any Affiliate of the Company shall qualify as an Eligible Agent, unless approved by all of the Class A Limited Members.
Eligible Agent means a licensed agent of an Eligible Insurance

Examples of Eligible Agent in a sentence

  • Upon receipt of any such notice of resignation, the Majority Lenders shall have the right, in consultation with the Borrower, to appoint a successor, which shall be an Eligible Agent.

  • Neither this Plan nor any right granted under this Plan shall confer upon any Eligible Agent or Participating Agent any right to continuance of an agent or any other relationship with the Company and/or any Affiliate, or interfere in any way with the right of the Company and/or any Affiliate to terminate the agency relationship of such Eligible Agent or Participating Agent.

  • For purposes hereof, the term "Eligible Agent" shall mean an entity (i) legally qualified to perform the duties delegated to it by the Collateral Agent and (ii) whose regular business includes the performance of duties similar to those delegated to it by the Collateral Agent.

  • Upon any such resignation or removal, the Requisite Noteholders shall have the right to appoint a successor Collateral Agent, which successor Collateral Agent must be an Eligible Agent.

  • The Majority Parallel Purchasers shall have the right to appoint a successor Administrative Agent, which shall be an Eligible Agent.


More Definitions of Eligible Agent

Eligible Agent means any exclusive insurance agent independent contractor operating as a sole proprietorship who has submitted a Form W- 9 to the Allstate Human Resource Service Center (Allstate HRSC) which substantiates his or her business as a sole proprietorship and who is receiving Compensation in a Plan Year. Effective January 1, 2001, "Eligible Agent" shall also mean any Exclusive Financial Specialist Independent Contractor operating as a sole proprietorship who has submitted a Form W-9 to either the applicable local Human Resource department or to the Allstate HRSC which substantiates his or her business as a sole proprietorship and who is receiving Compensation in a Plan Year.
Eligible Agent means a commercial bank having a combined capital and surplus of at least $250,000,000 whose short-term debt is rated by Standard & Poor's Ratings Services, a division of The ▇▇▇▇▇▇-▇▇▇▇ Companies, Inc. not lower than A-1, and at least as highly as the Notes by each rating agency which then rates the Notes.
Eligible Agent means an Eligible Institution whose short-term debt is rated by each Rating Agency not lower than the respective current ratings assigned by the Rating Agencies to the Notes.
Eligible Agent means any exclusive insurance agent independent contractor operating as a sole proprietorship
Eligible Agent means an entity (i) legally qualified to perform the duties delegated to it by the Collateral Agent and (ii) whose regular business includes the performance of duties similar to those delegated to it by the Collateral Agent.
Eligible Agent means a depository institution organized under the laws of the United States or any state thereof which (a) has a net worth in excess of $250,000,000 and (i) the deposits of which are insured by the FDIC and subject to regulation by federal or state banking authorities and (ii) whose long-term debt obligations are rated in one of the three highest rating categories by at least two Nationally Recognized Statistical Rating Organizations (or whose holding company has such a rating) or (b) is otherwise acceptable to the Required Holders.
Eligible Agent means any title agent invited by or on behalf of the Committee to participate in this Plan.