Relevant Participant definition
Examples of Relevant Participant in a sentence
Purchaser further agrees that the grant of each Transition Award under the Transitional Cash Plan will be documented in a separate agreement between Purchaser and each Relevant Participant, with such grant conditional on the Closing.
The Recipient will promptly pay to the Relevant Participant an amount equal to any credit or repayment from the relevant tax authority which it reasonably determines relates to the VAT chargeable on that supply.
For the purposes of paragraph 2.3.2, where the next New Project is one of a number of New Projects which are due to reach financial close or otherwise be subject to a concluded Project Agreement at the same time, for which the Participant in question would be the sole Relevant Participant, the next New Project shall be the scheme with the highest capital cost.
The process for calculating and payment of such Project Development Fees in relation to: Qualifying Projects; and any other Projects in respect of which a Project Service Provider is to provide the relevant Project Services and which hubco and a Relevant Participant have agreed is to be subject to the approval process set out in Schedule Part 6 (Approval Process for New Projects), is set out in this paragraph 1.
The Market Testing of each Market Tested Element shall, notwithstanding any other provision of this Schedule Part 7 (New Project Pricing Report) (including, without limitation, the participation of the Relevant Participant(s) described in paragraph 5.2), be the responsibility of hubco (as between hubco and the Relevant Participant).