Non-Owner Participant definition

Non-Owner Participant or “NOP” means a Proponent Team Member or a Proponent that will enter the Alliance Development Agreement in the event such Proponent is selected as the Shortlisted Proponent;
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Non-Owner Participant or “NOP” means each entity that enters into the Development Phase Agreement with the Owner.
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Non-Owner Participant means Participant 1, Participant 2, Participant 3, Participant 4, Participant 5 or Participant 6 as the context requires. Non-Owner Participants means Participant 1, Participant 2, Participant 3, Participant 4, Participant 5 and Participant 6. Notice is defined in clause 32.1.
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Examples of Non-Owner Participant in a sentence

  • Each Proponent Team Member of the Shortlisted Proponent that is proposed to become a Non-Owner Participant will be required to sign the Alliance Development Agreement on its own behalf, and each Proponent Team Member of the Successful Proponent that is proposed to become a Non-Owner Participant will be required to sign the Project Alliance Agreement on its own behalf.

  • The Non-Owner Participant acknowledges that Main Roads has executed this Agreement in reliance on the representations and warranties contained in clause 7.1 and clause 7.2.

  • In a single stage process, the participant partner is selected prior to undertaking the detailed performance target and pain/gain model development and is thus determined purely by negotiation between the Owner-Participant and the Non-Owner Participant.

  • If Main Roads and the Non-Owner Participant agree with the contents of the Final Certificate, Main Roads or the Non-Owner Participant (as the case may be) must make the payment contemplated by the Final Certificate within 20 Business Days of the date that the Final Certificate is received by Main Roads.

  • Any other cost that, in the view of the Alliance Board, should be a Direct Cost including any costs incurred by the Non-Owner Participant in running an overdraft in the Project Bank Account.

  • Neither the Non-Owner Participant nor a Covenantor may sell, novate, assign, transfer, encumber, charge, grant any option, lease or licence in respect of, or in any manner alienate, dispose of, or part with possession of, or declare oneself trustee of or in relation to all or part of its rights or obligations arising under this Agreement without the prior written approval of Main Roads.

  • Covenantor acknowledge and agree that the Covenantor’s obligations under this Agreement may be enforced against the Covenantor without Main Roads being required to make any demand or exercise any remedy it may have against the Non-Owner Participant.

  • Each Non-Owner Participant must ensure that every insurance policy taken out by it under this Agreement includes a provision that requires the Non-Owner Participant, whenever the insurer gives to or serves upon the Non-Owner Participant or Subcontractor a notice of cancellation or any other notice under or in relation to the policy of insurance, as soon as possible, to inform the Owner Participant in writing that the notice has been given to or served upon that Non-Owner Participant or Subcontractor.

  • Each Non-Owner Participant must notify Main Roads immediately upon becoming aware of a Change in Control in respect of it or of the provider of the Parent Company Guarantee to be provided under clause 29.6.

  • The Non-Owner Participant must promptly (and at their own cost) comply with such a request.


More Definitions of Non-Owner Participant

Non-Owner Participant or "NOP" means a Participant with the exception of TIDC and where the plural is used means all of the Participants with the exception of TIDC.
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Non-Owner Participant means the Contractor.
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Non-Owner Participant or “NOPs”) are Participants in the Alliance. In addition, the PAA is founded upon a “no claim” and “no blame” approach and decisions in relation to delivery of the Project must generally be made on the basis of unanimous agreement between the Participants. All of these features have the same objective in that they are seeking to align the interests of Network Rail and its contractor partners within the Alliance created by the PAA. The intention is that all of the Alliance parties should perform the PAA and make all decisions on the basis of “Best for Project” rather than “best for the individual”. In effect, it will be the joint responsibility of the Owner Participant and the NOPs to deliver and complete the Project the subject of the PAA in accordance with the Owner’s stated requirements.
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Non-Owner Participant or “NOP” (a) any of the persons other than the Owner listed as a Party to this Agreement as the context so requires and “NOPs” is all of them; (b) “NOP 1”, “NOP 2” or “NOP 3” is respectively the Party named and defined as such in this Agreement; and (c) for the avoidance of doubt, NOP excludes the Owner in its capacity as the Owner and as Owner Participant.
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Related to Non-Owner Participant

  • Owner Participant With respect to any Equipment Note relating to a Leased Aircraft, means the "Owner Participant" as referred to in the Indenture pursuant to which such Equipment Note is issued and any permitted successor or assign of such Owner Participant; and OWNER PARTICIPANTS at any time of determination means all of the Owner Participants thus referred to in the Indentures.

  • 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).

  • Participating Entity Any Subcontractor or Subservicer which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB; provided, further, for the purposes of the third paragraph of Section 7.04(c), that a “Participating Entity” shall be determined without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB. Person: Any individual, corporation, partnership, limited liability company, joint venture, association, joint-stock company, trust, unincorporated organization, government or any agency or political subdivision thereof.

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

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

  • Study Participant means a person recruited to participate in the Study.

  • IRA Owner – Means the individual whose name appears on the Adoption Agreement, who is establishing the IRA.

  • Qualified Participant means a Participant who has attained age 55 and who has completed at least 10 years of participation in the Plan.

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

  • Requesting Participant means a Participant initiating an RFQ.

  • Exchange Participant means (a) the Bank which is a person registered as a China Connect Exchange Participant (as defined in the SEHK China Connect Rules) by SEHK; or (b) where the context requires, any China Connect Exchange Participant (as defined in the SEHK China Connect Rules).

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

  • Individual Member means a registered, financial Member of the Club who is at least 18 years of age.

  • Eligible owner means an owner of real property who is eligible to or has entered into an installment agreement;

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

  • Non-U.S. Holder means a Holder that is not treated as a United States person for U.S. federal income tax purposes as defined under Section 7701(a)(30) of the Internal Revenue Code of 1986, as amended from time to time.

  • Unit owner means the declarant or other person who owns a unit, or a lessee of a unit in a leasehold common interest community whose lease expires simultaneously with any lease, the expiration or termination of which will remove the unit from the common interest community but does not include a person having an interest in a unit solely as security for an obligation. In a condominium or planned community, the declarant is the owner of any unit created by the declaration until that unit is conveyed to another person, in a cooperative, the declarant is treated as the owner of any unit to which allocated interests have been allocated pursuant to section 38-33.3-207 until that unit has been conveyed to another person, who may or may not be a declarant under this article.

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

  • Initial Authorised Participant means BNP Paribas Arbitrage S.N.C. and any successor thereto.

  • Service contract holder or “contract holder” means a person who is the purchaser or holder of a service contract.

  • Non-Participating Orthotic Provider means an Orthotic Provider who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • 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).

  • Employer/Owner means the DAKSHIN HARYANA BIJLI VITRAN NIGAM and the legal successors in title to the Employer/Owner but not (Except with the consent of the Contractor) any assignees of the Employer/Owner.

  • Non-Participating Provider means an Administrator Hospital or Professional Provider which does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to participants in the Participating Provider Option program or a facility which has not been designated by the Claim Administrator as a Participating Provider.

  • 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.

  • Participant Group means you, each of your holding companies and subsidiaries and each subsidiary of each of your holding companies (as each such term is defined in the Companies Act 1985); and