Original Principals definition

Original Principals means each of Messrs. Chrixxxxxxx X. Xxxxxx, Xxllxxx X. Xxxxxx xxx John X. Xxxxxx (xxd, other than for purposes of Article III hereof and any other provision hereof permitting or requiring any action, consent or approval by a Non-Manager Member, it being understood that the rights under such provisions shall always be exercised solely by such Non-Manager Member and not by any Transferee), their respective Transferees, if any, under Section 5.1(b) or Section 5.1(c) or, to the extent set forth in any consent of the Manager Member pursuant to Section 5.1(a), their respective Transferees under Section 5.1(a)).
Sample 1Sample 2Sample 3
Original Principals has the meaning provided in Section 10.4(a)(i).
Sample 1
Original Principals means each of Messrs. Christopher H. Browne, William H. Browne and John D. Spears (and, other than for purposes of Article III hereof and any other provision hereof permitting or requiring any action, consent or approval by a Non-Manager Member, it being understood that the rights under such provisions shall always be exercised solely by such Non-Manager Member and not by any Transferee), their respective Transferees, if any, under Section 5.1(b) or Section 5.1(c) or, to the extent set forth in any consent of the Manager Member pursuant to Section 5.1(a), their respective Transferees under Section 5.1(a)).
Sample 1

Examples of Original Principals in a sentence

  • The EPSCA PSERN Board Representative must the Chief Executive Officer of one of the Original Principals.

  • In years 2014 through 2018, the number of Transactions for the Original Principals shall be based on 2012 historical actual pre-Portal use Transaction Counts (set forth in Exhibit A) and the City Transaction Count for any other Participating City shall be based on the most recent historical data for that City prior to it joining the Portal.

  • The “New Participant Capped Cost Increment” is an amount calculated each budget period to identify the maximum amount by which Capped Costs may increase in the Executive Board approved draft or final budget for such period without unanimous approval of the Executive Board Members representing all Original Principals, as further described in Section 13.b.iv.1 and Exhibit D.

  • Exhibit B sets forth a general estimate of the annual costs to establish and operate the PORTAL AGENCY between 2014 and 2020, assuming the Original Principals are the only Participating Cities, and includes estimated payment of Vendor’s charges pursuant to the Portal Services Contract and other estimated operating costs.

  • This Agreement shall be deemed adopted and effective as of March 1, 2014, subject to prior approval by the legislative bodies of all four Original Principals, execution by each Original Principal, and prior filing of same as required by Section 26.

  • The “New Participant Labor Cost Increment” is an amount calculated each budget period to identify the maximum amount by which Labor Costs may increase to provide for additional full or partial staff positions in the Executive Board approved draft or final budget for such period without requiring unanimous approval of the Executive Board Members representing all Original Principals, as further described in Section 13.b.iv.2 and Exhibit D.

  • Modifications to the budget shall be approved by a Supermajority Vote of the Executive Board (and also unanimous consent of the Original Principals if required by Section 13.b.iv above) as necessary from time to time to account for changes in expenditures and revenues.

  • The Original Principals are those four cities initially signing this Agreement: the cities of Bellevue, Everett, Seattle and Tacoma.

  • Notwithstanding the foregoing, the PORTAL AGENCY budget for the year 2014 will be formally adopted by action of the Executive Board promptly following incorporation of the PORTAL AGENCY and need not be submitted for approval by the Original Principals.

  • A “Supermajority Vote” means Executive Board approval of an item accomplished by securing affirmative votes of not less than sixty-six percent (66%) of all voting Board Members of the Executive Board in number, and not less than sixty-six percent (66%) in number of the Original Principals.

Related to Original Principals

  • Original Principal Balance Any of the Original Principal Balances of the Classes of Class A Certificates as set forth in Section 11.05; the Original Class B-1 Principal Balance, Original Class B-2 Principal Balance, Original Class B-3 Principal Balance, Original Class B-4 Principal Balance, Original Class B-5 Principal Balance or Original Class B-6 Principal Balance as set forth in Section 11.15.

  • Original Principal Amount means $296,000,000 for the Class A-1 Notes, $330,000,000 for the Class A-2a Notes, $100,000,000 for the Class A-2b Notes, $428,000,000 for the Class A-3 Notes and $96,000,000 for the Class A-4 Notes.

  • Mortgage Original Current Original First Rate Original Servicing Master Loan Principal Principal Mortgage Adjustment Monthly Fee Servicing Number Balance Balance Rate Index Date Payment Rate Fee Rate ---------- -------------- -------------- -------- ------ ---------- -------- --------- --------- 9095243278 398,400.00 398,400.00 7.75 6LIBOR 10/1/2007 2854.19 0.500 0.003 9095245278 403,750.00 403,750.00 6.5 6LIBOR 9/1/2007 2186.98 0.500 0.003 9095246278 71,250.00 71,250.00 10.25 638.48 0.500 0.003 9095251278 500,000.00 500,000.00 6.85 6LIBOR 9/1/2007 2854.17 0.500 0.003 9095255278 310,500.00 310,500.00 6.99 6LIBOR 9/1/2007 1808.66 0.500 0.003 9095256278 34,500.00 34,500.00 9.95 301.49 0.500 0.003 9095260278 480,000.00 480,000.00 7.7 6LIBOR 9/1/2007 3080 0.500 0.003 9095269278 312,000.00 312,000.00 7.15 1YRCMT 9/1/2010 2107.27 0.500 0.003 9095272278 399,500.00 399,500.00 6.45 6LIBOR 10/1/2008 2147.31 0.500 0.003 9095281278 436,000.00 436,000.00 7.25 6LIBOR 9/1/2007 2634.17 0.500 0.003 Mortgage Prepayment Loan Penalty Number Term (month) Prepayment Penalty Type Group ---------- ------------ --------------------------------------------------------------------------- ----- 9095243278 24 The prepayment charge will equal the amount of interest that would accrue 2 during a six (6) month period on the amount prepaid in a 12-month period that exceeds 20% of the unpaid balance, calculated at the rate of interest in effect under the terms of the 9095245278 24 The prepayment charge will equal the amount of interest that would accrue 2 during a six (6) month period on the amount prepaid in a 12-month period that exceeds 20% of the unpaid balance, calculated at the rate of interest in effect under the terms of the 9095246278 24 The prepayment charge will equal the amount of interest that would accrue 2 during a six (6) month period on the amount prepaid in a 12-month period that exceeds 20% of the unpaid balance, calculated at the rate of interest in effect under the terms of the 9095251278 24 The prepayment charge will equal the amount of interest that would accrue 2 during a six (6) month period on the amount prepaid in a 12-month period that exceeds 20% of the unpaid balance, calculated at the rate of interest in effect under the terms of the 9095255278 24 The prepayment charge will equal the amount of interest that would accrue 1 during a six (6) month period on the amount prepaid in a 12-month period that exceeds 20% of the unpaid balance, calculated at the rate of interest in effect under the terms of the 9095256278 24 The prepayment charge will equal the amount of interest that would accrue 1 during a six (6) month period on the amount prepaid in a 12-month period that exceeds 20% of the unpaid balance, calculated at the rate of interest in effect under the terms of the 9095260278 24 The prepayment charge will equal the amount of interest that would accrue 2 during a six (6) month period on the amount prepaid in a 12-month period that exceeds 20% of the unpaid balance, calculated at the rate of interest in effect under the terms of the 9095269278 36 The prepayment charge will equal the amount of interest that would accrue 1 during a six (6) month period on the amount prepaid in a 12-month period that exceeds 20% of the unpaid balance, calculated at the rate of interest in effect under the terms of the 9095272278 36 The prepayment charge will equal the amount of interest that would accrue 2 during a six (6) month period on the amount prepaid in a 12-month period that exceeds 20% of the unpaid balance, calculated at the rate of interest in effect under the terms of the 9095281278 12 The prepayment charge will equal the amount of interest that would accrue 2 during a six (6) month period on the amount prepaid in a 12-month period that exceeds 20% of the unpaid balance, calculated at the rate of interest in effect under the terms of the

  • Original contractor means a person, including an owner-builder, that contracts with an owner to provide preconstruction service or construction work.

  • Transferee’s Principals means collectively, (A) Transferee’s managing members, general partners or principal shareholders and (B) such other members, partners or shareholders which directly or indirectly shall own a fifty-one percent (51%) or greater economic and voting interest in Transferee.

  • Original Pre-Funded Amount The amount deposited by the Depositor in the Pre-Funding Account on the Closing Date, which amount is $36,215,225.

  • SPE Equity Owner is not applicable. Borrower will not be required to maintain an SPE Equity Owner in its organizational structure during the term of the Loan and all references to SPE Equity Owner in this Loan Agreement and in the Note will be of no force or effect.

  • Principals means the head teachers of the Academies (and “Principal” means any one of these head teachers);

  • Initial Principal Balance means, in respect of a Receivable, the amount advanced under the Receivable toward the purchase price of the Financed Vehicle and related costs, including accessories, service and warranty contracts, insurance premiums, other items customarily financed as part of retail motor vehicle loans and/or retail installment sales contracts and other fees charged by the Transferor or Dealer and included in the amount to be financed, the total of which is shown as the initial principal balance in the note and security agreement or retail installment sale contract evidencing and securing such Receivable.

  • Halifax Abuse Principle means the principle explained in the CJEU Case C-255/02 Halifax and others;

  • Construction-manager-at-risk means a project delivery method in which:

  • Sustainability Linked Loan Principles means the Sustainability Linked Loan Principles as most recently published by the Loan Market Association and Loan Syndications & Trading Association.

  • Opportunity Cost means a component of the Market Seller Offer Cap calculated in accordance with Tariff, Attachment DD, section 6.

  • Residential contractor means a licensed contractor that holds an endorsement as a:

  • Original Lower-Tier Principal Amount With respect to any Class of Uncertificated Lower-Tier Interest, the initial principal amount thereof as of the Closing Date, in each case as specified in the Preliminary Statement.

  • Senior Optimal Principal Amount As to a Mortgage Pool and with respect to each Distribution Date, an amount equal to the sum of:

  • Approximate original contour means that surface configuration achieved by backfilling and grading of the mined area so that the reclaimed area, including any terracing or access roads, closely resembles the general surface configuration of the land prior to mining and blends into and complements the drainage pattern of the surrounding terrain, with all highwalls and spoil piles eliminated. Water impoundments may be permitted where the board determines that they are in compliance with section 34-33-120 (2)(h).

  • Affordable Housing Cost means an amount satisfied by:

  • Sustainability Structuring Agent means PNC Capital Markets LLC.

  • existing vessel means a vessel that is not a new fishing vessel.

  • MacBride Principles means those principles relating to nondiscrimination in employment and freedom of workplace opportunity which require employers doing business in Northern Ireland to:

  • Minimum Mortgage Interest Rate With respect to each Adjustable Rate Mortgage Loan, a rate that is set forth on the related Mortgage Loan Schedule and in the related Mortgage Note and is the minimum interest rate to which the Mortgage Interest Rate on such Mortgage Loan may be decreased on any Adjustment Date.

  • Subordinate Optimal Principal Amount For any Distribution Date and any Loan Group, the sum for each Mortgage Loan in such Loan Group of (i) the Subordinate Percentage of (a) the principal portion of each Scheduled Payment (without giving effect, prior to the Bankruptcy Coverage Termination Date, to any reductions thereof caused by any Debt Service Reductions or Deficient Valuations) due on each such Mortgage Loan on the related Due Date, (b) the principal portion of the Purchase Price of each such Mortgage Loan to the extent it was repurchased by the Transferor pursuant to this Agreement as of such Distribution Date, (c) the Substitution Adjustment Amount in connection with any Deleted Mortgage Loan related to such Loan Group received with respect to such Distribution Date, (d) any Liquidation Proceeds (including Insurance Proceeds) allocable to recoveries of principal of Mortgage Loans related to such Loan Group that are not yet Liquidated Loans, received during the calendar month preceding the month of such Distribution Date, (ii) with respect to each Mortgage Loan in such Loan Group that became a Liquidated Loan during the calendar month preceding the month of such Distribution Date, the portion of the amount of the Liquidation Proceeds allocable to principal received with respect to such Mortgage Loan that was not included in clause (ii) of the definition of "Senior Optimal Principal Amount" for such Distribution Date, (iii) the Subordinate Prepayment Percentage of the sum of (a) all Principal Prepayments in Full of Mortgage Loans in such Loan Group received during the related Prepayment Period and (b) all partial Principal Prepayments of Mortgage Loans in such Loan Group and applied during the related Prepayment Period and (iv) with respect to any Distribution Date prior to the Cross-Over Date only, the Subordinate Prepayment Percentage related to such Group of the Recoveries received during the related Prepayment Period; provided, however, that if a Bankruptcy Loss that is an Excess Loss is sustained with respect to a Mortgage Loan in such Loan Group that is not a Liquidated Loan, the Subordinate Optimal Principal Amount will be reduced on the related Distribution Date by the Subordinate Percentage of the principal portion of such Bankruptcy Loss.

  • Originating LEA An LEA who originally executes the DPA in its entirety with the Provider. Provider: For purposes of the DPA, the term “Provider” means provider of digital educational software or services, including cloud-based services, for the digital storage, management, and retrieval of Student Data. Within the DPA the term “Provider” includes the term “Third Party” and the term “Operator” as used in applicable state statutes. Student Generated Content: The term “student-generated content” means materials or content created by a student in the services including, but not limited to, essays, research reports, portfolios, creative writing, music or other audio files, photographs, videos, and account information that enables ongoing ownership of student content.

  • Original Contract means the initial contract or price agreement solicited and awarded during a cooperative procurement by an administering contracting agency.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.