Permitted Participant definition

Permitted Participant means a participant which—
Permitted Participant means a person who, in relation to the referendum, is a permitted participant within the meaning given by section 105(1) of the 2000 Act (as modified by paragraph 2 of Schedule 1);
Permitted Participant means any Person that:

Examples of Permitted Participant in a sentence

  • If an Option is exercised in part and is still capable of being exercised in respect of any balance, the Company shall, as soon as reasonably practicable after the exercise, issue to the Participant (or Permitted Participant, as the case may be) an Option Certificate in relation to such balance.

  • Any Subsisting Option held by a Permitted Participant who ceases to be a Permitted Participant shall be deemed to have been assigned to the Eligible Employee to which the Option was first granted, or where not granted to an Eligible Employee, to the Eligible Employee mentioned in the Option Certificate pursuant to Rule 4.4.1.

  • If a Participant dies, any Subsisting Option of which he or his Permitted Participant holds may be exercised within six months of the death by his legal representative or the Permitted Participant respectively (and each such Option shall lapse at the end of the said period to the extent (if any) that the Option remains unexercised).

  • An Option may only be assigned in accordance with this Rule 4.6 and Rule 6.3 and any other purported assignment, transfer, charge, disposal or dealing with the rights and interests of the Participant (or Permitted Participant, as the case may be) under this Plan shall cause the Option to lapse.

  • The Term C Lender and the Permitted Participant shall have entered into a participation agreement in form and substance satisfactory to the parties thereto.

  • The Borrower will provide the Agent, the Permitted Participant or any Lender with such other information respecting the business, properties, condition, financial or otherwise, or operations of the Borrower or any of its Subsidiaries as any Lender, the Permitted Participant or the Government Guarantor through the Agent may from time to time reasonably request.

  • The Lender or the Permitted Participant making demand for such compensation shall deliver to the Borrower concurrently with such demand a written statement as to such losses, expenses and liabilities, and this statement shall be conclusive as to the amount of compensation due to that Lender or the Permitted Participant, as the case may be, absent manifest error.

  • A certificate as to the amount of such increased cost, submitted to the Borrower and the Agent by such Lender or the Permitted Participant, as the case may be, shall be conclusive and binding for all purposes, absent manifest error.

  • If a Participant ceases to be a Permitted Participant as a result of their termination for cause, then all Restricted Share Units, whether vested or not, as at the Termination Date shall automatically and immediately be forfeited.

  • FNBO may, at its sole election, participate its respective interest in the Note to a Permitted Participant; PROVIDED, HOWEVER, that the rights of any Permitted Participant shall be enforceable solely by FNBO from whom its participation interest was granted.


More Definitions of Permitted Participant

Permitted Participant. Any Affiliate of FNBO that FNBO grants a participation interest in the Note to, and that FNBO determines is qualified to hold such participation interest.
Permitted Participant is amended by deleting “the Note” in the first line thereof and substituting “any Note” in lieu thereof.
Permitted Participant means Albexx Xxxxx & Xompany, LLC.
Permitted Participant means an Employee, a Director, a director of an Affiliate, an Officer, a Management Company Employee or a Consultant.
Permitted Participant means any Person that is a financial institution that (x) is engaged in the active conduct of a banking business in the jurisdiction of its organization and (y) is a Qualifying Lender as of the date such Person becomes a participant and agrees to notify the Borrower in the event such Person fails to be a Qualifying Lender.

Related to Permitted Participant

  • 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 has the meaning specified in Section 10.06(d).

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

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

  • Current Participant means a person who participated in the Plans during the Class Period and had an Active Account.

  • Qualified Participant means an individual who is a participant of Tier 2 and who meets 1 of the following requirements:

  • First Tier Participant refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “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).

  • 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;

  • 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

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

  • Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.

  • Nonparty participant means a person, other than a party or mediator, that participates in a mediation.

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

  • Grandfathered Person means any Person who is the Beneficial Owner of 20% or more of the outstanding Voting Shares as determined at the Record Time; provided, however, that a Person shall cease to be a Grandfathered Person in the event that such Person ceases to Beneficially Own 20% or more of the outstanding Voting Shares at any time after the Record Time.