Examples of Subsequent Participant in a sentence
Each obligation under this Agreement of a party to this Agreement which has been denominated in the National Currency Unit of a Subsequent Participant state shall be redenominated into the euro unit in accordance with EMU Legislation immediately upon such Subsequent Participant becoming a Participating Member State (but otherwise in accordance with EMU Legislation).
Any Subsequent Participant shall, however, contribute a one-time payment in an amount not less than the amount of any administrative costs and expenses occasioned on Dauphin County by virtue of the Subsequent Participant’s opt-in (i.e., a “Plan Revision Fee”).
The Joint Committee will assess, within six months from receipt of an application, or within such longer period as mutually determined by the Joint Committee and the Prospective Subsequent Participant, whether the Prospective Subsequent Participant meets the eligibility criteria in subparagraph 10.1.
In considering the eligibility of a Prospective Subsequent Participant, the Joint Committee will be reasonable in assessing whether the Prospective Subsequent Participant meets the eligibility criteria set out in subparagraph 10.1.
If the Joint Committee assesses that a Prospective Subsequent Participant does not meet the eligibility criteria, the Joint Committee will make a recommendation that the Prospective Subsequent Participant not become a Subsequent Participant.