Reduced Participant definition

Reduced Participant means a Participant whose Participating Interest is reduced under Sections 8.5 or 9.5 of the Agreement.
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Reduced Participant has the meaning set out in Section 8.6(a). ****.
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Examples of Reduced Participant in a sentence

  • ENGINEER shall not be responsible for the construction means, methods, controls, techniques, sequences, procedures, or construction safety.

  • The Reduced Participant shall have the right to receive two percent (2%) of Net Smelter Returns, if any.

  • The MO will issue a Debit Note to each Reduced Participant by post and fax which will include details of the reduced payment.

  • Upon receipt of such amount, and subject to SECTION 6.4, the Reduced Participant shall thereafter have no further right, title, or interest in the Assets or under this Agreement, and the tax partnership established by EXHIBIT C shall dissolve pursuant to PARAGRAPH 4.2 OF EXHIBIT C.

  • Late and immediate systemic-allergic reactions to inha- lant allergen immunotherapy.

  • Upon any reduction of a Participant's Participating Interest under this Article VI or any other provision of this Agreement, a percentage of the Capital Account of the Reduced Participant equivalent to the percentage reduction in the Participating Interest of the Reduced Participant shall be transferred to the other Participant.

  • In such event, the Reduced Participant shall execute and deliver an appropriate conveyance of all of its right, title and interest in and to the Assets to the remaining JV Participant.

  • Subject to Section 6.4, the Reduced Participant shall thereafter have no further right, title, or interest in the Assets, the Business, or under this Agreement, except that the Reduced Participant shall have the right to receive a royalty equal to one percent (1%) of Net Smelter Returns calculated as provided in Exhibit D.

  • In terms of capacity building programmes they undertook, she outlined site exchange programmes and eco-camps for children (either day trips or weekend camps) that were aimed at raising kids’ appreciation of the wildlife in their own backyards and allowing their interaction with local and international wildlife experts.

  • Communication equipment used for emergency alerting (and as redundant communication) is utilized in emergency exercises or tested on a quarterly basis.

Related to Reduced Participant

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.

  • Participant has the meaning specified in Section 10.06(d).

  • Qualified Participant means a Participant who has attained age 55 and who has completed at least 10 years of participation in the Plan.

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • Eligible Participant means an employee, officer, consultant or director of the Company or any Affiliate.

  • Active Participant means, with respect to any day or date, a Participant who is in Service on such day or date; provided, that a Participant shall cease to be an Active Participant (i) immediately upon a determination by the Committee that the Participant has ceased to be an Employee or Independent Contractor, or (ii) at the end of the Plan Year that the Committee determines the Participant no longer meets the eligibility requirements of the Plan.

  • L/C Participant shall have the meaning provided in Section 3.3(a).

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Terminated Participant means a person who has been a Participant, but whose employment has been terminated other than by death, Total and Permanent Disability or retirement.

  • Non-Highly Compensated Participant means any Participant who is neither a Highly Compensated Employee nor a Family Member.

  • Eligible employer means any municipality with a municipal

  • Eligible Employee means full-time and part-time employees in the bargaining unit who have completed four hundred and fifty (450) hours of service and who are not prohibited from contributing to the Plan by legislation or the Plan rules because of their age or because they are in receipt of a pension from the Plan.

  • Other Participant means a cooperative project participant other than the United States.

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • Eligible Executive means an employee of the Company selected as being eligible to participate in this Plan under Section C.1.a.

  • Highly Compensated Participant means any Highly Compensated Employee who is eligible to participate in the Plan.

  • Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.

  • A Participant or beneficiary ("claimant") who has not received benefits under the Plan that he or she believes should be paid shall make a claim for such benefits as follows:

  • Non-Highly Compensated Employee means an Employee who is not a Highly Compensated Employee.

  • Section 162(m) Participant means any key Employee designated by the Administrator as a key Employee whose compensation for the fiscal year in which the key Employee is so designated or a future fiscal year may be subject to the limit on deductible compensation imposed by Section 162(m) of the Code.

  • CDS Participant means a broker, dealer, bank or other financial institution or other person for whom, from time to time, CDS effects book entries for the Units deposited with CDS.

  • Designated Participant means a key Employee of the Company or any other Participating Company who is designated by the Committee in writing to participate in the Program.

  • Study Participant means a person recruited to participate in the Study.

  • Highly Compensated Employee means an Employee who: