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, owner, key employee or other Person with primary management or supervisory responsibilities with respect to a party, or any other Person.
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.

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.

  • 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.

  • Neither the Owner/Operator nor any of their respective Principal Persons is a Prohibited Person.

  • No event has occurred and no condition exists that is likely to result in Owner/Operator nor any of its respective Principal Persons becoming 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.
Principal Persons means the chief executive officer, president, chief financial officer, treasurer or assistant treasurer of the Borrower or any Person holding equivalent positions of the Borrower, but in any event, with respect to financial matters, the chief financial officer, treasurer, assistant treasurer and any other Financial Officer of the Borrower.
Principal Persons means any officer, director, beneficial owner of ten percent (10%) or more of equity interests that are not publicly traded securities, other natural person (whether or not an employee) with executive responsibilities over a Recipient Party or who has practical control over the Recipient Party, and each of their respective successors or assigns. “Processing” means any operation or set of operations that are performed on data or on sets of data, whether or not by automated means, including creation, receipt, maintenance, access, acquisition, use, disclosure, transmission, storage, retention, processing, destruction, modification or transfer (including cross-border transfer), and the words “Process” and similar constructions shall have correlative meanings. “Product” means optical compound semiconductors, including photonic integrated circuits and packaged transmit-receive optical sub-assemblies and optical pluggable transceivers. “Program Requirement” means each requirement set forth in Annex D (Program Requirements). “Prohibited Person” means any Person or entity that is: (a) a Sanctioned Person; (b) debarred or suspended from contracting with the U.S. government or any agency or instrumentality thereof; (c) debarred, suspended, proposed for debarment with a final determination still pending, declared ineligible or voluntarily excluded (as such terms are defined in any of the Debarment Regulations) from contracting with any U.S. federal government department
Principal Persons means any officer, director, beneficial owner of ten percent (10%) or more of equity interests that are not publicly traded securities, other natural person (whether or not an employee) with executive responsibilities over a Recipient Party or who has practical control over the Recipient Party, and each of their respective successors or assigns.
Principal Persons means: (a) solely with respect to the definition of Knowledge, any President, Chief Financial Officer, Chief Legal Officer, Executive Vice President, Treasurer, Assistant Treasurer, Secretary or Assistant Secretary of the Borrower, any Site Vice President with executive authority over the Plant, and any financial officer responsible for the administration of the obligations of the Borrower under the Guaranteed Loan; and (b) in all other instances, any officer, director, beneficial owner of ten percent (10.0%) or more of equity interests that are not publicly traded securities or other natural person (whether or not an employee) with executive authority over the Borrower or other applicable Borrower Entity. “Program Requirements” means all of the following: (a) Title XVII; and (b) the Applicable Regulations. “Prohibited Jurisdiction” means any country, region, territory or jurisdiction that: (a) is the target of comprehensive country wide or territory wide Sanctions (as of the date of this Agreement, Cuba, Iran, North Korea, the Crimea region of Ukraine, the so-called Donetsk People’s Republic, and the so-called Luhansk People’s Republic); (b) has been designated by the Secretary of the Treasury under Section 311 or 312 of the Patriot Act as warranting special measures due to money laundering concern; or