principal person definition

principal person means – in relation to a person
principal person means any officer, director, managing member, beneficial owner of 10% or more of equity interests that are not publicly traded securities, other natural person (whether or not an employee) with primary management or supervisory responsibilities over a Borrower Party or the Project Portfolio or who has critical influence on or substantive control over a Borrower Party or the Project Portfolio, and each of their respective successors and assigns.
principal person means

Examples of principal person in a sentence

  • Principal Person for whom such act is done is called principal sec.

  • USI :5758203v15 LOANS AND PAYMENTS Name of Principal Person Maturity Payments of Balance of Making the Date Amount of Loan Date PrincipallInterest Note Notation Doc#.

  • By: --------------------------------- Name: ------------------------------- Title: ------------------------------ SCHEDULE TO AMENDED AND RESTATED NOTE Unpaid Name of Amount of Principal Person Date Made Type of Principal Balance of Making or Paid Loan Paid Note Notation Exhibit B COMMITMENT AND ACCEPTANCE This Commitment and Acceptance (this "Commitment and Acceptance") dated as of _________, ____, is entered into among the parties listed on the signature pages hereof.

  • The Representative must use its best endeavours to ensure that at all times during the term of the Agreement a Principal Person oversees the provision of all Financial Services by Individual Representatives.

  • The Representative must and must ensure that the Principal Person and all Individual Representatives, directors and employees of the Representative comply with the Remuneration and Fee structure obligations as set out in Item 4 Schedule 1 and more particularly described in the Manual.

  • The Representative must and must ensure that the Principal Person and all Individual Representatives, directors and employees of the Representative comply with the Corporations Act, all other relevant acts, regulations, orders and laws, the Principal Representative Xxxx, all relevant Individual Representative Deeds, the Manual and all other reasonable instructions issued by RI Advice Group from time to time (in writing or electronically).

  • Subject to clause 17.2, if there is no Principal Person for a continuous period of 90 days (or such longer period as RI Advice Group may allow) RI Advice Group may terminate this Agreement by giving the Representative not less than 30 days written notice.


More Definitions of principal person

principal person means (a) with respect to any Clean Line Party, any officer, director, owner, key employee or other Person with primary management or supervisory responsibilities with respect to such Person or any other Person (whether or not an employee) who has critical influence on or substantive control over such Person and (b) with respect to DOE, the Person(s) holding primary management or supervisory responsibilities for DOE with respect to the Project.
principal person means, with respect to a Team, each Person designated as a “Principal Person” on the Team Run Rate Schedule.
principal person means any officer, director, managing member, beneficial owner of 10% or more of equity interests that are not publicly traded securities, other natural person (whether or not an employee) with primary management or supervisory responsibilities over a Borrower or the Project Portfolio or who has critical influence on or substantive control over a Borrower or the Project Portfolio, and each of their respective successors and assigns.
principal person shall have the meaning given to it in the Financial Services (Jersey) Law 1998 and the Collective Investment Funds (Jersey) Law 1988, as the context requires.
principal person has the meaning set forth in Section 13(b).

Related to principal person

  • juridical person means any legal entity duly constituted or otherwise organised under applicable law, whether for profit or otherwise, and whether privately-owned or governmentally-owned, including any corporation, trust, partnership, joint venture, sole proprietorship or association;

  • Principal Party means:

  • Controlling Interest means: (1) an ownership interest or participating interest in a business entity by virtue of units, percentage, shares, stock, or otherwise that exceeds 10 percent; (2) membership on the board of directors or other governing body of a business entity of which the board or other governing body is composed of not more than 10 members; or (3) service as an officer of a business entity that has four or fewer officers, or service as one of the four officers most highly compensated by a business entity that has more than four officers. Subsection (3) of this section does not apply to an officer of a publicly held business entity or its wholly owned subsidiaries.

  • Control Person means any Person that holds or is one of a combination of Persons that holds a sufficient number of any of the securities of an issuer so as to affect materially the control of that issuer, or that holds more than 20% of the outstanding voting securities of an issuer except where there is evidence showing that the holder of those securities does not materially affect the control of the issuer;

  • Principal Paying Agent means the Principal Paying Agent as specified in § 2 (1) of the General Conditions.

  • Lead Securitization Subordinate Class Representative means the “Controlling Class Representative” as defined in the Lead Securitization Servicing Agreement or such other analogous term used in the Lead Securitization Servicing Agreement.

  • Subject Person has the meaning assigned to such term in the definition of “Consolidated Net Income”.

  • Voting Interest With respect to any provisions hereof providing for the action, consent or approval of the Holders of all Certificates evidencing specified Voting Interests in the Trust Estate, the Holders of each Class of Certificates will collectively be entitled to the then applicable percentage of the aggregate Voting Interest represented by all Certificates equal to the ratio obtained by dividing the Principal Balance of such Class by the sum of the Class A Principal Balance and the Class B Principal Balance. Each Certificateholder of a Class will have a Voting Interest equal to the product of the Voting Interest to which such Class is collectively entitled and the Percentage Interest in such Class represented by such Holder's Certificates. With respect to any provisions hereof providing for action, consent or approval of each Class of Certificates or specified Classes of Certificates, each Certificateholder of a Class will have a Voting Interest in such Class equal to such Holder's Percentage Interest in such Class.

  • Controlling Person With respect to any Person, any other Person who “controls” such Person within the meaning of the Securities Act.

  • Non-Lead Securitization Subordinate Class Representative means the holders of the majority of the class of securities issued in a Non-Lead Securitization designated as the “controlling class” pursuant to the related Non-Lead Securitization Servicing Agreement or their duly appointed representative; provided that if 50% or more of the class of securities issued in any Non-Lead Securitization designated as the “controlling class” or such other class(es) otherwise assigned the rights to exercise the rights of the “Controlling Noteholder” is held by the Mortgage Loan Borrower or an Affiliate of the Mortgage Loan Borrower, no person shall be entitled to exercise the rights of the related Non-Lead Securitization Subordinate Class Representative.

  • young person means a person who falls within the definition of qualifying young person in section 142 of the SSCBA.

  • Ultimate controlling person means that person which is not controlled by any other person.

  • Deaf person or "person who is deaf" means any person whose hearing is so severely impaired that the person is unable to hear and understand conversational speech through the unaided ear alone, and who must depend primarily on an assistive listening device or visual communication such as writing, lip reading, sign language, and gestures.

  • natural person means any natural person having the nationality of either Contracting Party in accordance with its laws.

  • Elderly person means any person 65 years of age or older who is not subject to the provisions of ORS 441.640 to 441.665.

  • Professional person means a mental health professional,

  • Exchange Act Person means any natural person, Entity or “group” (within the meaning of Section 13(d) or 14(d) of the Exchange Act), except that “Exchange Act Person” will not include (i) the Company or any Subsidiary of the Company, (ii) any employee benefit plan of the Company or any Subsidiary of the Company or any trustee or other fiduciary holding securities under an employee benefit plan of the Company or any Subsidiary of the Company, (iii) an underwriter temporarily holding securities pursuant to a registered public offering of such securities, (iv) an Entity Owned, directly or indirectly, by the stockholders of the Company in substantially the same proportions as their Ownership of stock of the Company; or (v) any natural person, Entity or “group” (within the meaning of Section 13(d) or 14(d) of the Exchange Act) that, as of the Effective Date, is the Owner, directly or indirectly, of securities of the Company representing more than 50% of the combined voting power of the Company’s then outstanding securities.

  • Disclosable Pecuniary Interest means an interest of yourself, or of your partner if you are aware of your partner's interest, within the descriptions set out in Table 1 below.

  • Excluded Person means each Defendant, the directors and officers of each Defendant, the subsidiaries or affiliates of each Defendant, the entities in which each Defendant or any of that Defendant’s subsidiaries or affiliates have a controlling interest and the legal representatives, heirs, successors and assigns of each of the foregoing.

  • legal person means, with reference to each Contracting Party, any entity having its registered office in the territory of one of them and recognized as public bodies, companies of persons or capital, foundations, associations, and independently of Whether or not it is a limited liability.