Examples of Participant Representatives in a sentence
Participant Representatives – The participant representatives will be selected by the sick leave bank members.
The Participant Representatives may by unanimous written agreement irrevocably waive any breach of this Agreement by the Corporation.
Participant Representatives – The participant representatives will be selected by the sick leave bank members to include two certified and two noncertified employees who are members of the sick leave bank.
If, and only to the extent that, a majority of the Participant Representatives and a majority of the members of the Corporation's Board deem such subordination to be in Proffitt's or the Corporation's best interests, the rights of each Participant, Beneficiary and Plan Shareholder hereunder shall be subordinate to the provisions of any loan agreement, note, bond, indenture, debenture, capitalized lease or other evidence of Proffitt's or the Corporation's indebtedness.
Any action required or permitted to be taken by the Participant Representatives hereunder or any consent, approval or notice required or permitted to be given by the Participant Representatives hereunder shall be taken or given by a majority of the Participant Representatives.
One debt is owed by LNV to OSM; the other is owed by BF-Negev to LNV.
The relevant Secured Participant Representatives are required pursuant to Clause 15.3 (Requisite Majority) of the STID to cast their votes on or before the last day of the Decision Period.4.3 Pursuant to Clause 12.2.4 (Minimum requirements of a STID Proposal) of the STID, the Decision Period for any STID Proposal which gives right to an Entrenched Right in respect of which the Issuer is an Affected Secured Participant shall not be fewer than 50 days.
If the Board or the Participant Representatives, as the case may be, fails to appoint the Replacement Trustee within the 21 (twenty one) day period, the Trustees then in office shall, in a meeting of Trustees, have the power to appoint the Replacement Trustee.
In the event of such removal or resignation, the Trustee shall duly file with the Company prior to a Change in Control, or a person or persons designated in writing by the Participant Representatives after a Change in Control, a written statement or statements of accounts and proceedings as provided in Subsection 3.03(a) hereof for the period since the last previous annual accounting for each Plan.
In the event any Options are forfeited pursuant to Article 5, then, on the third business day following its receipt of written notice from a majority of the Participant Representatives, Proffitt's shall grant to each Officer named in such notice the number of such Options specified therein.