Principal Persons definition

Principal Persons means any officer, director, owner, key employee or other Person with primary management or supervisory responsibilities with respect to a Project Entity or Sponsor, or any other Person (whether or not an employee) who has critical influence on or substantive control over the Project. For the avoidance of doubt, each of the Sponsor’s Principal Persons is a Principal Person of each of the Project Entities.

Principal Persons means any officer, director, beneficial owner of 10% or more of the Equity Interests that are not publicly traded securities, other natural persons (whether or not an employee) with executive responsibilities over a Securitization Entity or Intermediate Company or who has practical control over a Securitization Entity or Intermediate Company, and each of their respective successors or assigns.

Principal Persons means any officer, director, owner, key employee or other Person with primary management or supervisory responsibilities with respect to a party, or any other Person.

Examples of Principal Persons in a sentence

• Each Sponsor Party and each of their respective Principal Persons, is in compliance with the Anti-Terrorism Order and has not previously violated the Anti-Terrorism Order.

• Any Obligor or any of their respective Principal Persons shall fail to comply in any material respects with the Anti-Terrorism Laws.

• Such reductions may be of- fered only if the Secretary determines the reduc- tions are cost neutral and in the best financial interest of the Federal Government.

• No Loan Party, or any Person that Controls a Loan Party, or any of their respective Principal Persons is in violation of any applicable provisions of the USA Patriot Act.

• Each Borrower Entity, each Borrower Entity Controlling Person and Southern Company, and each of their respective Principal Persons is in compliance with the Anti-Terrorism Order and has not previously violated the Anti-Terrorism Order.

• The Owner/Operator and of its respective Principal Persons is in compliance with the Anti-Terrorism Order and has not previously violated the Anti-Terrorism Order.

• It is actually about funding a lack of achievement in the rehashing of the network and the provision of unrealistic targets.

• Neither the Borrower nor any Borrower Controlling Person nor any of their respective Principal Persons is a Prohibited Person.

• The Borrower, each Borrower Controlling Person, and each of their respective Principal Persons is in compliance with the Anti-Terrorism Order and has not previously violated the Anti-Terrorism Order.

• None of the Borrower Entities, Borrower Entity Controlling Persons or Southern Company or any of their respective Principal Persons is a Prohibited Person.

More Definitions of Principal Persons

Principal Persons. With respect to the Borrower or the Operator, (a) any officer or director of such Person, (b) any beneficial owner of ten percent (10%) or more of the Equity Interests of such Person that are not Publicly Traded Securities, or (c) any other natural person (whether or not an employee of such Person) with primary management or supervisory responsibilities over a Borrower Entity.

Principal Persons means any officer, director, 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 the Owner/Operator or the Nuclear Reactor or who has critical influence on or substantive control over the Nuclear Reactor, and each of their respective successors or assigns.

Principal Persons has the meaning given in the Master Agreements.