Excluded Participant definition

Excluded Participant any (i) Disqualified Lender, (ii) any natural person, (iii) any Defaulting Lender or (iv) the Borrower or any of its Affiliates (other than a bona fide debt fund).
Sample 1Sample 2Sample 3
Excluded Participant means, for an Unpaid Amount applicable to a Clearing Loss, the Clearing Loss Participant, each Capped Out Participant and the Participant who did not pay the Unpaid Amount. When used in the context of an Emergency Assessment that constitutes part of a Chain, “Excluded Participant” also includes each Participant whose failure to pay an Emergency Assessment higher up in the Chain gives rise to another Emergency Assessment in the Chain.[Explanatory Note: this term relates to Emergency Assessments which have been removed from the Rules. Instead ASX Clear has the Recovery Powers set out in the Recovery Rules which may be exercised in certain circumstances]
Sample 1Sample 2
Excluded Participant means any participant in an Transferred Entity Benefit Plan who is not a current or former employee of a Transferred Entity.
Sample 1Sample 2

Examples of Excluded Participant in a sentence

  • If allowed to provide Work for the Project, this entity must provide all coverage required of an Excluded Participant.

  • The Trustee shall hold the Returned Shares exclusively for the benefit of all or one or more of the Eligible Participants (excluding any Excluded Participant).

  • While Cumberland University and the entire world continue to face challenges from the COVID- 19 pandemic, it is crucial that we take care of each other and ourselves.Phoenixes are known for our ability to rise above challenges and adversity to create new opportunities; it is in our history.

  • In the event (i) a Selected Participant is found to be an Excluded Participant or (ii) a Selected Participant fails to return duly executed transfer documents prescribed by the Trustee for the relevant Awarded Shares within the stipulated period, the relevant part of an Award made to such Selected Participant shall automatically lapse forthwith and the relevant Awarded Shares shall not vest on the relevant vesting date but shall become Returned Shares for the purposes of the Share Award Scheme.

  • Mr. Guimond and Deputy Administrator Middlebrook also provided insight about the SLSDC’s ongoing research and test utilization of synthetic, virtual, and all-seasons aids to navigation.

  • The Board shall, in accordance with the Scheme Rules, be entitled to, at any time during the continuation of the Scheme, make an award out of the Shares Pool to any of the Eligible Participants (excluding any Excluded Participant) such number of issued Shares, fully paid or credited as fully paid, as the Board shall, subject to the Maximum Shares Threshold and the Maximum Shares Per Selected Participant Threshold, determine pursuant to the Scheme.

  • The Board or the Committee shall, subject to and in accordance with the rules of the New Share Award Plan, be entitled (but shall not be bound) to, at any time during the continuation of the New Share Award Plan, make an Award to any of the Eligible Participants (as it shall in its absolute discretion select but excluding any Excluded Participant) such number of issued Shares, fully paid or credited as fully paid.

  • Compensation earned while an Excluded Participant will not be taken into account for purposes of determining the Retirement Enhancement Contribution.

  • Eligibility Participants of the RSU Scheme include any full-time or part-time employee, director (including any executive or non-executive director) and officer of any member of the Group but excluding any Excluded Participant.

  • The Board or the Committee shall, in accordance with the Scheme Rules, be entitled to, at any time during the continuation of the Scheme, make an award out of the Shares Pool to any of the Eligible Participants (excluding any Excluded Participant) such number of issued Shares, fully paid or credited as fully paid, as the Board or the Committee shall, subject to the Maximum Shares Threshold and the Maximum Shares Per Selected Participant Threshold, determine pursuant to the Scheme.


More Definitions of Excluded Participant

Excluded Participant means any participant in a Company Benefit Plan who is not Company Employee, Company Consultant or Former Company Employee (or a beneficiary or dependent thereof).
Sample 1
Excluded Participant means any Participant reasonably determined by DME to be legally or otherwise restricted from participating (in whole or in part) in investments in one or more particular securities or types of investments.
Sample 1
Excluded Participant means, for purposes of the University Matching Contribution Program, any Employee whose job position as described in Section IV - University Matching Contribution Program renders him or her ineligible to participate in the University Matching Contribution Program.
Sample 1
Excluded Participant means Xxxxx Xxxxx. 2.23 “Fair Market Value” as it relates to a Unit means the fair market value of a Unit as of the most recent Valuation Date, as determined by the Committee or the Parent Board using a nationally recognized investment bank (or other comparable valuation expert) selected by the Committee or the Parent Board; provided, however, that if, prior to the time at which such
Sample 1
Excluded Participant means (i) any current or former employee of Rock Creek Golf Club Idaho, LLC or its Subsidiaries, and (ii) any other participant in a Benefit Plan who is not a current or former employee, director or consultant of the Company or its Subsidiaries (or a beneficiary or dependent thereof).
Sample 1

Related to Excluded Participant

  • Excluded Employee means an employee as defined in section 3527, subd. (b) of the Government Code (Ralph C. Dills Act) except those excluded employees who are designated managerial pursuant to section 18801.1 of the Government Code.

  • Covered Participant means a Participant who is a “covered employee” as defined in Section 162(m)(3) of the Code, and the regulations promulgated thereunder, and any individual the Committee determines should be treated as such a covered employee.

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

  • 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.

  • Inactive Employee means an employee who is not actively at work due to approved leave of absence, short-term disability leave or military leave.

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

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.

  • 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).

  • Administrative employee means an employee who normally supervises persons engaged in office administration, construction, security or maintenance work who are represented by another trade union. This definition includes employees who share a community of interest with “supervisors”.

  • Active Employee means a contributing member of the TRS who is employed by a public school and is not entitled to coverage under a plan provided under Insurance Code Chapter 1551 (Texas Em- ployees Group Benefits Act) or 1601 (State University Employees Uniform Insurance Benefits Act).

  • 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.

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

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

  • Eligible Retirement Plan means an individual retirement account described in Section 408(a) of the Code, an individual retirement annuity described in Section 408(b) of the Code, an annuity plan described in Section 403(a) of the Code, or a qualified trust described in Section 401(a) of the Code, that accepts the Distributee's Eligible Rollover Distribution. However, in the case of an Eligible Rollover Distribution to the surviving Spouse, an Eligible Retirement Plan is an individual retirement account or individual retirement annuity.

  • 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;

  • 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.

  • Non-Key Employee means any Employee who is not a Key Employee.

  • 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).

  • Casual Employee means an employee who has no set hours or days of work and who is normally asked to work as and when required.

  • Eligible Retiree means a retired employee of the GROUP who is receiving retirement benefits from GROUP and is entitled to Medicare part A and enrolled in Medicare part B. If this Agreement includes Group Plan 65, an Eligible Retiree who selects Group Plan 65 shall be eligible as an individual. Such Eligible Retiree shall not be deemed to have any dependents who can select Group Plan 65.

  • Eligible casual employee means a casual employee employed during a period of at least 12 months, either:

  • Eligible Employee means full-time and part-time employees in the bargaining unit who have completed four hundred and fifty (450) hours of service and who are not prohibited from contributing to the Plan by legislation or the Plan rules because of their age or because they are in receipt of a pension from the Plan.

  • Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.

  • Exempt employee means an at will employee who serves at the discretion of the appointing authority in a position that is exempted by State law, the City Charter or SMC 4.13 from compliance with the provisions of the Personnel Rules or SMC Title 4 related to selection, discipline, termination or appeals of personnel actions to the Civil Service Commission.

  • Qualifying Employee means any employee of Managing Agent or Parent or any of their respective subsidiaries who is and has been an employee of Managing Agent or Parent or any of their respective subsidiaries for at least thirty-six (36) months.