Participating Producers definition

Participating Producers means the parties (other than the LLC) to participant profit sharing agreements.

Examples of Participating Producers in a sentence

  • Where a --------------------------------------------------------- Special Claim Category is deemed appropriate, an "Interim Sharing Arrangement" shall be proposed for apportioning among Participating Producers any Liability Payments made by the Center with respect to claims falling within this Special Claim Category.

  • All adjustments pursuant to this paragraph B.5 must be approved by the Participating Producers pursuant to paragraph B.2 above.

  • An example follows, assuming the number of Participating Producers on each tier shown below, which was the number based on data through September 30, 1987.

  • Any such disestablishment shall require approval of the Participating Producers pursuant to paragraph B.2.

  • All proposals for adjusting the shares of any -------------------- Participating Producer pursuant to paragraph B.5 below shall be submitted to the Special Counsel for its review prior to any consideration of the proposal by the Participating Producers.

  • In addition, the Special Counsel may develop its own proposals with respect to adjusting the shares of any Participating Producer pursuant to paragraph B.5. Such proposals shall be promptly considered by the Participating Producers pursuant to paragraph B.2 above and shall not require prior consideration or approval by the Board.

  • The amount of any such payments that would otherwise have been apportioned to that Participating Producer shall be apportioned among the remaining Participating Producers in proportion to the Liability Payment Shares of those Participating Producers applicable to that claim.

  • At least forty percent (40%) of the total number of Participating Producers.

  • Participating Producers shall promptly provide notices that it receives from General Agent to subcontractors.

  • Participating Producers shall establish a non-profit organization to be known as the Center for Claims Resolution.