Withdrawing Participant definition

Withdrawing Participant has the meaning set forth in Section 15.2 of this Agreement.
Sample 1Sample 2Sample 3
Withdrawing Participant means a Participant that has given notice of its intent to withdraw from the Board pursuant to Section 4.D.
Sample 1Sample 2Sample 3
Withdrawing Participant has the meaning set forth in Section 4.03.
Sample 1Sample 2

Examples of Withdrawing Participant in a sentence

  • A Withdrawing Participant shall reimburse NCPA for any and all costs resulting from the withdrawal, including but not limited to the legal, accounting, and administrative costs of winding up and assuring the complete satisfaction and discharge of the Withdrawing Participant’s liabilities, credits or obligations, including any contingent liabilities, credits or obligations.

  • Withdrawal by any Participant will not terminate any ongoing or un-discharged liabilities, credits or obligations, including any contingent liabilities, credits or obligations, resulting from this Agreement until they are satisfied in full, or such Withdrawing Participant has provided a mechanism acceptable to NCPA, for the satisfaction in full thereof.

  • Nor shall any of the remaining Parties be obligated to compensate the Withdrawing Participant for any benefits that accrue to the remaining Parties because of such a reallocation of costs and benefits.

  • A Withdrawing Participant shall not be obligated to compensate the remaining Participants for loss of any benefits that would have accrued to the remaining Participants if the Withdrawing Participant had continued its participation.

  • NCPA and the Withdrawing Participant shall negotiate in good faith and shall cooperate in reaching such mutual agreement.

  • Reallocation of the costs and benefits of continuing under this Agreement after a Participant has withdrawn shall not give rise to any claim against a Withdrawing Participant by the remaining Parties.

  • Nor shall the remaining Participants be obligated to compensate the Withdrawing Participant for any benefits that accrue to the remaining Participants because of the withdrawal.

  • The term Withdrawing Participant shall have the meaning ascribed thereto in Section 2.5.2 hereof.

  • Upon giving notice of withdrawal to the other Participants, a Withdrawing Participant (i) shall no longer be a Participant under this Agreement, (ii) shall forfeit its rights and interests as set forth in Section 2.8.2, (iii) shall not be allowed to participate in the Project in the future, and (iv) shall not be relieved of its obligations incurred through the date of withdrawal except as expressly set forth in this Agreement.

  • The Receiving Participant, Withdrawing Participant or the Defaulting Participant will immediately take all necessary action to suspend access by its Authorized Users to the SCA Network and cease uploading Client Data to the SCA Network upon termination from this Agreement.


More Definitions of Withdrawing Participant

Withdrawing Participant means a Participant that withdraws under Article 31.5 or Article 31.
Sample 1Sample 2
Withdrawing Participant has the meaning given in Clause 8.2(c);
Sample 1
Withdrawing Participant means a Participant that has withdrawn from the Agreement as set forth in Section 11.2.1.
Sample 1
Withdrawing Participant has the meaning set forth in Section 4.03. COP
Sample 1

Related to Withdrawing Participant

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

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

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

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

  • Requesting Participant means a Participant initiating an RFQ.

  • 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.

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

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

  • 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.

  • 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:

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

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

  • 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-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • 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;

  • 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.

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

  • 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).

  • 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.

  • 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.

  • 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;

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

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

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

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

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