Principal Participant definition

Principal Participant means any of the following entities:

Principal Participant means both of the following:

Principal Participant means, with respect to a Proposer, any of the following entities: (i) any joint venture, partner, or firm holding an interest in the Proposer if the Proposer is a joint venture, partnership, or other form of unincorporated legal entity; (ii) any person or firm holding (directly or indirectly) a 15% or greater interest in the Proposer if the Proposer is a corporation, limited liability company, or other form of incorporated legal entity; or (iii) parent company or Affiliate of the Proposer or another Principal Participant that will provide financial support to such firm (guarantor) to meet the financial obligations of the Design-Build Agreement.

Examples of Principal Participant in a sentence

• If a request is made to allow deletion or replacement of a Principal Participant, the Proposer shall submit such information as may be required by the Department to demonstrate that the changed team meets the criteria stated in the RFQ (pass/fail criteria and quality criteria).

• To request the Department’s approval for a change to the organization, the Proposer shall submit with its request that information specified for a Principal Participant in the RFQ, including legal and financial data as well as the information for quality evaluation.

• Requests by Proposers for changes in any Principal Participant will be particularly scrutinized.

• Should it become necessary to replace a Principal Participant or Key Person during the term of the Contract, the Design-Builder must provide a replacement for the Organization with equal or better skills and qualifications.

• Should it become necessary to replace a Principal Participant or a Key Person during the Proposal period, the Design-Builder must provide a replacement for the Organization with equal or better skills and qualifications.

More Definitions of Principal Participant

Principal Participant means any of the following entities: The Submitter or Proposer; Individual firms, general partners, or Joint Venture members of the Submitter or Proposer; and/or;All Persons and legal entities holding (directly or indirectly) a 15% or greater interest in the Submitter or Proposer.

Principal Participant means the Party leading the AAPP Project and named as the Principal Participant as specified in the Project Plan

Principal Participant means any of the following entities:C) The Proposer;D) If the Proposer is a partnership, joint venture, or limited liability company, any general partner or any member of the joint venture or LLC; and/or

Principal Participant means any of the following entities:The Proposer;If the Proposer is a JV, partnership, LLC, or other form of association, any JV, partner, or member; and/orAll Persons and legal entities holding (directly or indirectly) a fifteen percent (15%) or greater interest in the Proposer.

Principal Participant means both of the following: 440

Principal Participant means Marc Mezzacca.

Principal Participant means a legal entity, firm or company, individually or as a party in a joint venture or limited liability company or some other legal entity, that will be signatory to the DB Contract with MDTA. Principal Participant(s) will be expected to accept joint and several liabilities for performance of the DB Contract. Principal Participants are not design subconsultants, construction subcontractors or any other subcontractors to the legal entity that signs the DB Contract.