Junior Participant definition

Junior Participant means Jxxx X. Xxxxxx.
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Junior Participant means the Initial Junior Participant, and its successors in interest, or any subsequent holder of the Junior Participation.
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Junior Participant means Jess M. Ravich.
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Examples of Junior Participant in a sentence

  • The Servicer shall manage, conserve, protect and operate each REO Property for the Senior Participant and the Junior Participant solely for the purpose of its prompt disposition and sale.

  • I am the parent or legal guardian of the Junior Participant set beside my name below and I hereby freely consent to the Junior Participant’s participation in the Event.

  • I acknowledge that the Junior Participant is voluntarily participating in the Event for his or her benefit and enjoyment and the excitement associated with the Event, despite being informed of the Risks associated therewith.5. NO WARRANTIES.

  • I have informed the Junior Participant for whom I am the parent or legal guardian of the Risks associated with participating in the Event.

  • During the Junior Participant’s participation in the Event, the Junior Participant is expected to act responsibly with a view to preserving his or her own safety and the safety of other Event participants.

  • I acknowledge and am fully aware that in participating in the Event, the Junior Participant is being exposed to risks of personal injury, death or property damage or loss, which may result from many causes, including the Risks, active or passive negligence, imprudence, lack of skill, error of judgment, breach of contract or breach of statutory duty of care on the part of FCRCC, the Hosts or other Event participants.

  • Day Shift Workers In addition to leave provided for in 20.1.1, seven day shift workers, that is shift workers who are rostered to work regularly on Saturdays and Sundays, shall be allowed seven consecutive days leave including non working days.

  • The Junior Participant further agrees that only the Senior Participant (or the Servicer on its behalf), as creditor, can make any election, give any consent, commence any action or file any motion, claim, obligation, notice or application or take any other action in any case by or against the Mortgage Loan Borrower under the Bankruptcy Code or in any other Insolvency Proceeding.

  • The City Engineer may require, where steep slopes exist, that cross‐sections of all proposed streets at one‐hundred‐foot (100‐foot) stations be shown at five (5) points as follows: On a line at right angles to the center line of the sheet, and said elevation points shall be at the center line of the street, each property line, and points twenty‐five (25) feet inside each property line.

  • The Junior Participant shall not have any obligation whatsoever to purchase from the Senior Participant a participation interest in any future loans originated by the Senior Participant or its Affiliates.


More Definitions of Junior Participant

Junior Participant shall have the meaning set forth in the Junior Participation Agreement.
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Junior Participant means a Person acceptable to Agent and Lenders ------------------ who agrees to purchase junior participation interests from Lenders pursuant to the Junior Participation Agreement.
Sample 1
Junior Participant having an office at ______________________________________, has requested that Lender sell to Junior Participant, a junior participation in the Loans (as hereinafter defined) provided by Lender to Borrowers, and Lender is willing to sell such junior participation to Junior Participant, subject to the terms and conditions contained in this Junior Participation Agreement (the "Junior Participation Agreement"). Contemporaneously herewith, Lender is selling other junior participations (the "Other Junior Participations"; and together with the Junior Participation, collectively the "Junior Participations") pursuant to additional junior participation agreements entered into by Lender with certain other junior participants (together with their successors and assigns, the "Other Junior Participants"; and together with Junior Participant, collectively, the "Junior Participants") on substantially the same terms and conditions as re set forth herein, and the rights of the Junior Participant and the Other Junior Participants with respect to the Junior Participation purchased by Junior Participant and the Other Junior Participations purchased by each of the Other Junior Participants shall be pro rata as among Junior Participant and each Other Junior Participant.
Sample 1
Junior Participant shall have the meaning assigned to such term in Section 2.1.
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Junior Participant. The Senior Participant and the Junior Participant are each referred to herein as a “Participant” and are collectively referred to herein as the “Participants”). The rights and obligations of Participants with respect to the Loan, the collateral for the Loan, and their respective Participations shall be governed by and subject to this Agreement.
Sample 1

Related to Junior Participant

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

  • Major Participant means each Equity Member and each member of the Proposer’s organization: (a) with primary responsibility for design; (b) with primary responsibility for construction; or (c) with a proposed subcontract with a value greater than or equal to 5% of the contract price or $20 million, whichever is greater.

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

  • 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;

  • Deferred member means a person who elected to receive deferred vested retirement

  • Principal Participant means any of the following entities:

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

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • 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.

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

  • L/C Participant shall have the meaning provided in Section 3.3(a).

  • Other Participant means a cooperative project participant other than the United States.

  • 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.

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • 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.

  • 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).

  • Key participant means a sole proprietor, a partner in partnership, or a person with executive managerial control in a corporation. A person with executive managerial control includes persons such as a chief executive officer, chief operating officer and chief financial officer. This definition does not include non-executive managers such as farm, field, or shift managers.

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

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

  • U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;

  • Section 16 Participant means a participant under the Plan who is then subject to Section 16 of the Exchange Act.

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

  • 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.

  • 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.

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

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.