First Tier Participant definition

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).
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First Tier Participant refers to
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First Tier Participant refers to the participant who has entered into a covered
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Examples of First Tier Participant in a sentence

  • The terms "covered transaction," "debarred," "suspended," "ineligible," "participant," "person," "principal," and "voluntarily excluded," as used in this clause, are defined grantee or subgrantee of Federal funds and a participant (such as the pri covered transaction with a grantee or subgrantee of Federal covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Participant means: (a) a First Tier Participant; or (b) a Second Tier Participant.

  • You may contact the person to which this proposal is submitted for assistance in obtaining a refers to any covered transaction between a grantee or subgrantee of Federal funds and a participant (such as the prim refers to any covered transaction under a First Tier Covered refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Final Assessment means:(a) an Assessment contained in a Notice of Estimated Distribution or an Amended Notice of Estimated Distribution which is taken to have been accepted by a Participant under cl 5.5 or 6.2; and(b) an Assessment contained in a Review Determination under cl 6.3. First Tier Participant means a Registered Group Member who has made and delivered to the Administrator a valid Participation Declaration within 21 days of a Participation Declaration being issued to that Registered Group Member.

  • Final Assessment means: (a) an Assessment contained in a Notice of Estimated Distribution or an Amended Notice of Estimated Distribution which is taken to have been accepted by a Participant under cl 5.5 or 6.2; and(b) an Assessment contained in a Review Determination under cl 6.3. First Tier Participant means a Registered Group Member who has made and delivered to the Administrator a valid Participation Declaration within 21 days of a Participation Declaration being issued to that Registered Group Member.

  • Who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).


More Definitions of First Tier Participant

First Tier Participant refers to the participant who has entered into a covered transaction with a Recipient or subrecipient of
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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). e. The prospective lower tier participant agrees by submitting this proposal that, should the proposed covered transaction be entered into, it shall not knowingly enter into any lower tier covered transaction with a person who is debarred, suspended, declared ineligible, or voluntarily excluded from participation in this covered transaction, unless authorized by the department or agency with which this transaction originated. f. The prospective lower tier participant further agrees by submitting this proposal that it will include this clause titled "Certification Regarding Debarment, Suspension, Ineligibility and Voluntary Exclusion-Lower Tier Covered Transaction," without modification, in all lower tier covered transactions and in all solicitations for lower tier covered transactions exceeding the $25,000 threshold. g. A participant in a covered transaction may rely upon a certification of a prospective participant in a lower tier covered transaction that is not debarred, suspended, ineligible, or voluntarily excluded from the covered transaction, unless it knows that the certification is erroneous. A participant is responsible for ensuring that its principals are not suspended, debarred, or otherwise ineligible to participate in covered transactions. To verify the eligibility of its principals, as well as the eligibility of any lower tier prospective participants, each participant may, but is not required to, check the Excluded Parties List System website (xxxxx://xxx.xxxx.xxx/), which is compiled by the General Services Administration. h. Nothing contained in the foregoing shall be construed to require establishment of a system of records in order to render in good faith the certification required by this clause. The knowledge and information of participant is not required to exceed that which is normally possessed by a prudent person in the ordinary course of business dealings. i. Except for transactions authorized under paragraph e of these instructions, if a participant in a covered transaction knowingly enters into a lower tier covered transaction with a person who is suspended, debarred, ineligible, or ...
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First Tier Participant refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such DocuSign Envelope ID: 6E9ACC5C-0C11-4C9F-B04A-A371A61DAE02
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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 Consultant). “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).
Sample 1

Related to First Tier Participant

  • 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).

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

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

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

  • Participating Employer means any trade or business (whether or not incorporated) which adopts this Plan with the consent of the Company identified in the Adoption Agreement.

  • 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.

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

  • Eligible Recipient means an employee, director or independent contractor of the Company or any Affiliate of the Company who has been selected as an eligible participant by the Administrator; provided, however, to the extent required to avoid accelerated taxation and/or tax penalties under Section 409A of the Code, an Eligible Recipient of an Option or a Stock Appreciation Right means an employee, non-employee director or independent contractor of the Company or any Affiliate of the Company with respect to whom the Company is an “eligible issuer of service recipient stock” within the meaning of Section 409A of the Code.

  • 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.