Participant Share definition

Participant Share means that percentage of the Loan each Participant has agreed to fund pursuant to this Agreement as set forth in Exhibit A.
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Participant Share is defined as such Participant’s Participation Payment divided by the original principal amount of the Loan, expressed as a percentage (%).
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Participant Share is defined as such Participant’s Participation Payment divided by the original principal amount of the Loan, expressed as a percentage (%). In no event shall the Participant Share of SRT total less than fifty-five percent (55%) of the original principal amount of the Loan.
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Examples of Participant Share in a sentence

  • Each Participant represents and warrants that it has obtained such information as it deems necessary (including any information such Participant independently obtained from Borrower or others) prior to making its decision to acquire a Participant Share in the Loan.

  • Each Participant represents that it has acquired and is retaining its Participant Share for its own account in the ordinary course of its banking or other commercial lending business, or as part of such Participant’s individual investment portfolio, and not with a view to the sale or distribution thereof.

  • Upon receipt of this Agreement duly executed by the transferee, the assignee of such Transfer shall thereafter be treated as the Participant with respect to the Participant Share subject to the Transfer and shall receive all future payment distributions to which a Participant is entitled, and the assignor and assignee shall make all adjustments and payments between themselves appropriate with respect to such future payment distributions.

  • Administrative Agent-Servicer shall maintain such books of account and records relating to the Loan as it maintains with respect to other loans of similar type and amount, which books of account and records shall clearly and accurately reflect the Participant Share of each Participant.

  • Each Participant further agrees and represents that it has made its own independent analysis and appraisal of, and investigation into, the Borrower’s authority, business, operations, financial and other condition, creditworthiness, and ability to perform its obligations under the Loan Documents and has relied on such review in making its decision to acquire an Participant Share in the Loan.

  • If Lender and Participants are unable to recover from Borrower the entire amount of fees, costs and expenses of all Enforcement Actions, then each Participant shall contribute to such portion as is not recovered from Borrower, ratably in accordance with its Participant Share.

  • Each Participant agrees and represents that in making its decision to acquire a Participant Share independently and without reliance on Administrative Agent-Servicer, it has relied upon its independent review of (a) the Loan Documents, and (b) any information regarding Borrower that it has obtained independently and without reliance on the Administrative Agent-Servicer.

  • As soon as practicable after receipt of a written notification of exercise and full payment for the Shares with respect to which the Option is exercised, the Company shall deliver to the Participant Share certificates (which may be in book entry form) for such Shares with respect to which the Option is exercised.

  • As soon as practicable after receipt of a written notification of exercise and full payment for the Shares with respect to which the Option is exercised, the Company shall deliver to the Participant Share certificates (or the equivalent if such Shares are held in book entry form) for such Shares with respect to which the Option is exercised.

  • Subject to Section 6.7 and any governing rules or regulations, as soon as practicable after receipt of a written notification of exercise and full payment, the Company shall deliver to the Participant, Share certificates or evidence of book entry Shares, in an appropriate amount based upon the number of Shares purchased under the Option(s).


More Definitions of Participant Share

Participant Share means a proportional interest in the electricity and associated renewable energy credits generated by a community solar project. Each participant share shall be sized to supply no more than 120% of the average annual consumption of electricity by each participant at the premises to which the participant share is attributed, after deducting any electricity generated by solar facilities located at such premises.
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Participant Share means, with respect to each Contributor, (i) such Contributor’s Allocation Percentage of the Adjusted Enterprise Value, plus (ii) such Contributor’s share of the value of the non-reserve, non-current assets of OpCo set forth in Schedule B hereto as to which costs and expenses related thereto have been borne by such Contributor.
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Participant Share has the meaning given in the Joint Venture Agreement.
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Participant Share means that fraction of the Project and Project Costs which,
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Participant Share means a portion of the Adjusted Aggregate Plan Amount, expressed as a percentage, which is to be allocated and paid to each Participant in accordance with Article V below.
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Participant Share means that fraction of the Project and Project Costs that, as provided in this Project Agreement, each Participant is entitled to use and each Participant is obligated to pay. Each Participant’s Share is as follows: Tacoma- 15/36; Kent- 7/36 ; CWD- 7/36 ; and Lakehaven- 7/36.
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Related to Participant Share

  • Participant ID means each unique identifier assigned to a Participant other than a DMA Customer by BSEF for access to the SEF operated by BSEF.

  • 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;

  • 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

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

  • Section 162(m) Participant means any key Employee designated by the Administrator as a key Employee whose compensation for the fiscal year in which the key Employee is so designated or a future fiscal year may be subject to the limit on deductible compensation imposed by Section 162(m) of the Code.

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

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

  • Participant Contributions means contributions made by the Participant pursuant to an executed Pay Reduction Agreement subject to the Participant Contribution limits contained in Article III.

  • Phantom Share means a right, pursuant to the Plan, of the Grantee to payment of the Phantom Share Value.

  • Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;

  • 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).

  • Plan Share Award means a right granted under this Plan to receive Plan Shares.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • Deferred Share Unit or “DSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 7;

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • 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;

  • Stock Unit means a bookkeeping entry representing the equivalent of one Share, as awarded under the Plan.

  • A Participant or beneficiary ("claimant") who has not received benefits under the Plan that he or she believes should be paid shall make a claim for such benefits as follows:

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

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

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

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

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Principal Participant means any of the following entities:

  • Share Unit means either an RSU or a PSU, as the context requires.