Qualifying Veteran Free Agent definition

Qualifying Veteran Free Agent means a Veteran Free Agent who played under one or more Player Contracts covering some or all of each of the two preceding Seasons and either played exclusively with her Prior Team during such two Seasons, or, if she played with more than one Team during such period, changed Teams only (i) by means of assignment (including via the WNBA’s waiver procedure), or (ii) by signing with her Prior Team during the first of the two Seasons.
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Qualifying Veteran Free Agent means a Veteran Free Agent who, prior to becoming a Veteran Free Agent, played under one or more Player Contracts covering some or all of each of the three preceding Seasons and either played exclusively with his Prior Team during such three Seasons, or, if he played with more than one Team during such period, changed Teams only (i) by means of trade, or (ii) by signing with his Prior Team during the first of the three Seasons.
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Examples of Qualifying Veteran Free Agent in a sentence

  • The Qualifying Veteran Free Agent clause allows teams to pay the maximum amount to a player, who stays with a team for three seasons after being drafted by them and does not extend his contract after the second season.

  • The Veteran Free Agent Exception consists of the Qualifying Veteran Free Agent clause and the Non-qualifying Veteran Free Agent clause.

Related to Qualifying Veteran Free Agent

  • Qualifying patient means a person who:

  • Qualifying Bank means any legal entity which is recognized as a bank by the banking laws in force in its country of organization and which has as its principal purpose the active conduct of banking business and conducts such banking business through its own personnel (which have decision making authority) and on its own premises.

  • qualifying person means a person in respect of whom payment has been made from the Fund, the Eileen Trust, MFET Limited, the Skipton Fund, the Caxton Foundation or the London Bombings Relief Charitable Fund;

  • qualifying holding means a direct or indirect holding in an undertaking which represents 10 % or more of the capital or of the voting rights or which makes it possible to exercise a significant influence over the management of that undertaking;

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