Participant Loan definition

Participant Loan means a loan that affects the Deferred Compensation Account, Designated Roth Account, or a combination of both, of a participant.

Participant Loan means a loan in which an Originator acquired a Participation Interest from a third party that constitutes less than one hundred percent (100%) of the interests of the lenders in and to such loan.

Participant Loan means a Clean Water Loan or a Drinking Water Loan.

Examples of Participant Loan in a sentence

• The Company may make a loan to a Participant ("Loan"), either on the date of or after the grant of any Award to the Participant.

• Loans are permitted in accordance with the Participant Loan Policy attached to this SPD.

• It is the intention of each of Lessee, Owner Participant, Loan Participant, the Note Holders (such intention being evidenced by each of their acceptance of an Equipment Note), Owner Trustee and Mortgagee that Owner Trustee, as lessor under the Lease (and Mortgagee as assignee of Owner Trustee under the Trust Indenture), shall be entitled to the benefits of Section 1110 in the event of a case under Chapter 11 of the Bankruptcy Code in which Lessee is a debtor.

• The Administrator shall be authorized to establish a Participant Loan Program to provide for loans under the Plan.

• The loans are secured by the balance in the participant’s account and bear interest at the prime rate plus 2.00%, as defined by the Participant Loan Program.

More Definitions of Participant Loan

Participant Loan means a loan from the Trust Fund to a Participant pursuant to the terms of the Plan.

Participant Loan has the meaning ascribed thereto in Section 2.1.

Participant Loan means a loan financed by the Company and issued to a Participant pursuant to Section 8 for the purchase of Common Stock pursuant to an Offer Agreement;

Participant Loan means any loan or loans made by a financial institution at any time or from time to time to a Participant who is a Senior Employee in connection with the purchase by the Nominee, as agent for and for the benefit of such Participant, of Plan Shares pursuant to Section 3.3 which are guaranteed by D2D or any of its Subsidiaries in accordance with Section 3.6, and shall include any interest from time to time accrued and unpaid thereon.

Participant Loan means the first trust deed loan a Participant utilizes to finance the purchase a Program Unit.

Participant Loan means any loan amount advanced by Smart Tech to a Participant (together with any accrued but unpaid interest thereon) used by the Participant to purchase Equity Plan Shares in accordance with the terms of this Plan.

Participant Loan means a loan contemplated in Rule 10.1.1;