Active participation means an ongoing process of good faith negotiation between the state licensing agency and the Indiana elected committee of licensed managers to achieve joint planning of:
Applicable Participation Agreement Has the meaning specified in Section 5.01(b) of this Trust Supplement.
Participation Agreement has the meaning set forth under the definition of “Agreement”.
Participation Agreements as defined in this Trust Supplement are the "Note Purchase Agreements" referred to in the Basic Agreement.
L/C Participation shall have the meaning provided in Section 3.3(a).
Amendment No. 5 Effective Date has the meaning set forth in Amendment No. 5.
Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).
Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.
Amendment No. 4 Effective Date has the meaning assigned to such term in Amendment No. 4.
Direct Loan Participation means a Loan in respect of which, pursuant to a participation agreement, the Issuer is capable of creating, or procuring the creation of, a contractual right in favour of a notional protection seller that provides such notional seller with recourse to the participation seller for a specified share in any payments due under the relevant Loan which are received by such participation seller, any such agreement to be entered into between (i) such notional seller and (ii) either (A) the Issuer (to the extent the Issuer was then a lender or a member of the relevant lending syndicate), or (B) a Qualifying Participation Seller (if any) (to the extent such Qualifying Participation Seller is then a lender or a member of the relevant lending syndicate);
Unit Participation means the ratio of the surface acreage of a specific tract in the unit area to the total surface acreage of the unit area as that total surface acreage is specified in paragraph one of the Plan for Unit Operations of this order.
Amendment No. 1 Effective Date has the meaning specified in Amendment No. 1.
Amendment No. 2 Effective Date has the meaning specified in Amendment No. 2.
Amendment No. 6 Effective Date has the meaning set forth in Amendment No. 6.
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.
Amendment No. 7 Effective Date has the meaning assigned to such term in Amendment No. 7.
Participation means an interest in a Loan that is acquired indirectly by way of a participation from a selling institution.
Plan Effective Date means the occurrence of the effective date of the Plan according to its terms.
Amendment No. 8 Effective Date has the meaning assigned to such term in Amendment No. 8.
Amendment No. 3 Effective Date has the meaning specified in Amendment No. 3.
Participation Date means the date the individual becomes a qualified participant in Tier 2 as determined under section 701a(1)(b).
Participation Quota means in relation to a Section, the decimal fraction allocated thereto in the Sectional Plan and which is calculated in terms of Section 32(1) of the Act.
Transfer Effective Date shall have the meaning set forth in each Commitment Transfer Supplement.
Salary Reduction Agreement means an agreement between a dis- trict and an employee to reduce the employee’s salary for the pur- pose of making direct contributions to or purchases of a qualified investment product. Art. 6228a-5, Sec. 4(5), Tex. Rev. Civ. Stat.
Departing Lender Signature Page means each signature page to this Agreement on which it is indicated that the Departing Lender executing the same shall cease to be a party to the Existing Credit Agreement on the Effective Date.
Initial Effective Date means the date that the Initial Registration Statement has been declared effective by the SEC.