Transferee Participant definition

Transferee Participant means Participants in this Plan who were participants in a Prior Plan and whose account balances (less amounts, if any, attributable to employee or employer contributions which the BIC, in its sole discretion, determines not to accept), were transferred and/or merged with and into this Plan in a trustee-to-trustee transfer.
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Transferee Participant means any Covered Employee who becomes a Participant hereunder and on whose behalf amounts are transferred to the Trust Plan from the Union 401(k) Plan.
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Transferee Participant means any Covered Employee who becomes a Participant hereunder and on whose behalf amounts are transferred to the Trust and Plan from the RPM 40l(k) Plan.
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Examples of Transferee Participant in a sentence

  • The Loan Documents shall inure to the benefit of Agent, Lenders, Transferee, Participant (only with respect to the benefits of Sections 12.4 and 12.7) and each of their respective successors and permitted assigns.

  • Subject to compliance with the foregoing, the Transferee Participant and the Clients electing to continue with the relationship shall be bound by the existing agreements between the Transferor Participant and its Clients in the same manner and on the same terms and conditions as if the Transferee Participant had itself originally executed such agreements with the Clients.

  • If any CDS Contract is Transferred to a Transferee Participant in accordance with the Rules, these Settlement and Notices Terms shall apply to the CDS Contract existing following such Transfer, except to the extent and until otherwise agreed between the Customer and the Transferee Participant.

  • Such assignment of the agreements from the Transferor Participant to the Transferee Participant shall be subject to the equities to which the parties were subject as at the date of the transfer.

  • Subject to the transfer restrictions and other obligations set forth in the LLC Agreement, prior to the transfer of Interests to an Employee Permitted Transferee, Participant shall deliver to the Company a written agreement of the proposed transferee (i) evidencing such Person’s undertaking to be bound by the terms hereof and (ii) acknowledging that the Interests transferred to such Person will continue to be Interests for purposes of the Award in the hands of such Person.

  • Subject to the transfer restrictions and other obligations set forth in the Operating Agreement, prior to the transfer of Interests to a Permitted Transferee, Participant shall deliver to the Company a written agreement of the proposed transferee (a) evidencing such Person’s undertaking to be bound by the terms of this Agreement and (b) acknowledging that the Interests transferred to such Person will continue to be Interests for purposes of this Agreement in the hands of such Person.

  • These Regulations were informed by the responses to the consultation on widening eligibility for EIIs for exemption from the indirect costs of renewable energy schemesand on related issues3, as well as ongoing engagement with interested stakeholders throughout 2018 and 2019.

  • Such assignment from the Transferor Participant to the Transferee Participant shall be subject to the equities to which the parties were subject as at the date of the transfer.

  • After such transfer, the Transferee Participant shall notify the Clients in writing as regards the completion of the assignment of the business in favour of the Transferee Participant.Prior to this amendment, Bye Law 6.3.25 inserted w.e.f. April 10, 2010.Prior to this amendment,Bye Law 6.3.26 amended w.e.f. April 4, 2014 read as follows:6.3.26.

  • Notwithstanding the preceding sentence, where the investment funds available to a Transferee Participant under a Prior Plan are substantially similar to the Investment Funds available under this Plan, the BIC, in its sole discretion, may direct that the Transferred Amounts from such Prior Plan be invested in the Investment Funds under this Plan which correspond to the investment funds under such Prior Plan.


More Definitions of Transferee Participant

Transferee Participant shall have the meaning set forth in Section 2.14 of the Security Agreement.
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Related to Transferee Participant

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Qualified Participant means an individual who is a participant of Tier 2 and who meets 1 of the following requirements:

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

  • Key participant means a sole proprietor, a partner in partnership, or a person with executive managerial control in a corporation. A person with executive managerial control includes persons such as a chief executive officer, chief operating officer and chief financial officer. This definition does not include non-executive managers such as farm, field, or shift managers.

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

  • 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:

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

  • Designated Participant means such employees or officers of the Company or a related entity of the Company as the Board may designate from time to time as eligible to participate in the Plan;

  • Employee Participant means an Employee who holds an outstanding Award under the terms of the Plan.

  • Covered Participant means a Participant who is a “covered employee” as defined in Section 162(m)(3) of the Code, and the regulations promulgated thereunder, and any individual the Committee determines should be treated as such a covered employee.

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • Requesting Participant means a Participant initiating an RFQ.

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

  • First Tier Participant refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Major Participant means each Equity Member and each member of the Proposer’s organization: (a) with primary responsibility for design; (b) with primary responsibility for construction; or (c) with a proposed subcontract with a value greater than or equal to 5% of the contract price or $20 million, whichever is greater.

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

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

  • U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;

  • Principal Participant means any of the following entities:

  • 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.

  • Section 16 Participant means a participant under the Plan who is then subject to Section 16 of the Exchange Act.

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • 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.

  • Clearing Participant means a person admitted as a participant under the Clearing Rules.

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

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