Participation Condition definition

Participation Condition shall have the meaning set forth in Section 12.1.
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Participation Condition means the condition of membership of the Company with which all Members are to comply and which is set out in part J of the Rules;
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Participation Condition shall have the meaning given such term in Section 3.2(b).
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Examples of Participation Condition in a sentence

  • As provided for in Article 34 ( conditions of membership), it is a condition of membership of the Company that each Member is, and must ensure that the Member’s Connected Parties (which includes each Registered Organisation) are, bound by and subject to the Participation Condition.

  • Accordingly, each Member and each Member’s Connected Party must comply with the Participation Condition as set out in this clause 61.

  • Even though the IJ was removed while the SA was on-site, the provider or supplier must still be cited for condition-level noncompliance for the applicable Condition of Participation, Condition for Coverage, or Condition for Certification that is cited for non-compliance related to the IJ.

  • The amount of Offered Units each Major Holder is entitled to purchase, subject to satisfaction of the Participation Condition, shall be referred to as such Major Holder’s “Pro Rata Fraction”.

  • This is a substantially lower threshold than a minimum condition requiring consents and tenders of 80% of the aggregate principal amount outstanding of the Aggregated Eligible Bonds, because the Minimum Participation Condition allows for the inclusions of all series in which the bonds’ Collective Action Clauses are triggered.

  • The Minimum Participation Condition cannot be waived by the Republic.

  • Participation Condition B has the meaning given to that term in clause 4.2(b).Percentage Holding means the total number of Shares in the Company held by the Subscriber and its Associates divided by the total number of issued Shares in the Company expressed as a percentage.

  • Offer Notice has the meaning given to that term in clause 4.1. Participation Condition has the meaning given to that term in clause 4.2. Participation Condition A has the meaning given to that term in clause 4.2(a).

  • In connection with any Offer in respect of which the Participation Condition is satisfied, the Company and Selling Holder shall cooperate with the Major Holders participating in such Offer and take such action as are reasonably necessary to effect such purchase in compliance with all applicable laws (including securities laws).

  • As of the date of this invitation memorandum, the following aggregate principal amounts of the Eligible Bonds were Outstanding: The term “Outstanding” for each Series has the meaning ascribed to it in the applicable Indenture.Subject to the Minimum Participation Condition, the effectiveness of the Proposed Modifications with respect to a Series is not conditioned on the effectiveness of the Proposed Modifications with respect to any other Series.

Related to Participation Condition

  • Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.

  • Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).

  • Participation Notice has the meaning set forth in Section 4.2;

  • Participation Date means the date the individual becomes a qualified participant in Tier 2 as determined under section 701a(1)(b).

  • Participation Period means a period during which contributions may be made toward the purchase of Stock under the Plan, as determined pursuant to Section 6.

  • Participation Maximum shall have the meaning ascribed to such term in Section 4.12(a).

  • Participation Facility means any facility or property in which the Party in question or any of its Subsidiaries participates in the management and, where required by the context, said term means the owner or operator of such facility or property, but only with respect to such facility or property.

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

  • Active participation means an ongoing process of good faith negotiation between the state licensing agency and the Indiana elected committee of licensed managers to achieve joint planning of:

  • Participation Interest means the Extension of Credit by a Lender by way of a purchase of a participation in Letters of Credit or LOC Obligations as provided in Section 2.2 or in any Loans as provided in Section 3.8.

  • Participation Advance shall have the meaning set forth in Section 2.12(d).

  • Swing Line Participation Amount as defined in Section 2.7(c).

  • Participation Rate means the rate of interest payable on the Loan to Participant by Administrative Agent-Servicer.

  • Participation Percentage means the rounded percentage of the total actual Project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the rounded percentage of the total actual Project costs that will be contributed by the Recipient. Both percentages are identified in Appendix B. If the total actual Project costs exceed the estimated Project costs identified in Appendix B, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Participation means an interest in a Loan that is acquired indirectly by way of a participation from a selling institution.

  • Minimum Participation Requirements means a set of minimum training, risk management, communication and capital or collateral requirements required for Participants in the PJM Markets, as set forth herein and in the Form of Annual Certification set forth as Tariff, Attachment Q, Appendix 1. Participants transacting in FTRs in certain circumstances will be required to demonstrate additional risk management procedures and controls as further set forth in the Annual Certification found in Tariff, Attachment Q, Appendix 1.

  • Participation Interests shall have the meaning specified in subsection 2.09(a)(ii).

  • Participation Percentages means the percentage of the total actual project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the percentage of the total actual project costs that will be contributed by the Recipient. Both of the percentages are identified in Appendix D. In the event that the total actual project costs exceed the estimated project costs identified in Appendix D, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Swingline Participation Amount as defined in Section 2.7(c).

  • Participation Amount as defined in Section 3.4(b).

  • Non-Defaulting Lender means, at any time, each Lender that is not a Defaulting Lender at such time.

  • Applicable Participation Agreement Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Direct Loan Participation means a Loan in respect of which, pursuant to a participation agreement, the Issuer is capable of creating, or procuring the creation of, a contractual right in favour of a notional protection seller that provides such notional seller with recourse to the participation seller for a specified share in any payments due under the relevant Loan which are received by such participation seller, any such agreement to be entered into between (i) such notional seller and (ii) either (A) the Issuer (to the extent the Issuer was then a lender or a member of the relevant lending syndicate), or (B) a Qualifying Participation Seller (if any) (to the extent such Qualifying Participation Seller is then a lender or a member of the relevant lending syndicate);

  • Participation Fee means the amount payable by the Participant to the Council for the right to participate in the Hong Kong Pavilion at the Exhibition, as specified in Section I of the Application Form.

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Participation Quota means in relation to a Section, the decimal fraction allocated thereto in the Sectional Plan and which is calculated in terms of Section 32(1) of the Act.