Participation A definition
Examples of Participation A in a sentence
The Award Participation (A) will be subject to forfeiture as provided in Section 3(c) and in Section 4 and (B) will be subject to vesting as provided below in Section 3(b) and in Section 4.
Insurance Participation- A teacher on leave of absence may continue his/her coverage under the school corporation’s group insurance plan(s) provided the teacher remits the total monthly premium to the school corporation’s business office prior to the due date each month.
Chapter 2 contains the agreement on “Political Participation: A democratic opportunity to build peace” (Participación política: Apertura democrática para construir la paz).
Participation A process whereby stakeholders and the community can interface with plan makers.
If the Participation A Holder cures such default, then Participation B Holder shall reimburse to Participation A Holder the costs and expenses of curing such default within ten (10) Business Days of written demand therefor by Participation A Holder.
Each of the Participation A Holder and the Participation B Holder shall have the right, at any time and at its own expense, to request that the Servicer obtain an Updated Appraisal of the Mortgaged Property or REO Property, as the case may be.
If the Participation A Holder cures such default, then Participation B Holder shall reimburse the costs and expenses of curing such default to Participation A Holder within ten (10) Business Days of written demand therefor by Participation A Holder.
The obligations of the Participation A Holder and the Participation B Holder under this Section 7 constitute absolute, unconditional and continuing obligations and the Servicer shall be deemed a third party beneficiary of these provisions.
Neither the Mezzanine A Lender nor the Participation A Holder (including as Controlling Holder) shall have any liability to the Participation B Holder with respect to Participation B, except with respect to losses actually suffered due to the gross negligence, willful misconduct or breach of this Agreement on the part of the Mezzanine A Lender or the Participation A Holder, as applicable.
Appraisal Reduction Amounts shall be allocated to reduce the Participation B Principal Balance and the Participation A Principal Balance, up to the outstanding amount thereof, first, to Participation B and after Participation B Principal Balance has been reduced to zero ($0), then to Participation A, solely for purposes of determining the identity of the Controlling Holder.