Participating Party. A Party that executes an AFE for a proposed operation or otherwise agrees, or becomes liable, to pay and bear a share of the costs and risks of conducting an operation under this Agreement.
Participating Party. A PARTY who joins in an operation conducted pursuant to this agreement.
Participating Party. 5 2.31 Platform ..........................................................................................5 2.32 Producible Reservoir ..............................................................................5 2.33 Producible Well ...................................................................................5 2.34
Participating Party. If only one Party desires to fund Pre-Phase IIb Development of a Product Candidate for an Indication and the other Party delivers an Opt- Out Notice in accordance with Section 5.4(b) or 5.5(a)(iii), then such Pre-Phase IIb Development shall be deemed “Unilateral Pre-Phase IIb Development.” The Party that desires to fund such Unilateral Pre-Phase IIb Development shall be the “Participating Pre- Phase IIb Party,” and the other Party shall be the “Non-Participating Pre-Phase IIb Party,” in each case with respect to such Product Candidate for such Pre-Phase IIb Development.
Participating Party. A Party electing to participate in an operation conducted hereunder, paying its portion of the cost of the operation and being entitled to its portion of the benefits thereof.
Participating Party. Participating Party" means the organization that has become party to this Agreement by its approval and execution of this agreement. In this case the Participating Party is SCCPSS.
Participating Party. 2. 2.17 Producible Well. . . . . . . . . . . . . . . . . . . . . . . . . .2.
Participating Party. A Party who, having the contractual right to do so, participates in the sharing of:
(a) the Costs, risks, and benefits (including rights to Hydrocarbons) of an approved activity or operation; or,
(b) if applicable, the interests to be assigned to the Parties. The term includes a Party who does not Vote to participate in a proposed activity or operation, but is nonetheless bound to participate in that proposed activity or operation if it is approved by Vote.
Participating Party. Except for eligible administrative or personnel costs, the general rule is that no person who is an employee, agent, consultant, officer, or elected or appointed official of the Commonwealth of Kentucky or a unit of general local government or any designated public agencies or subrecipient which are receiving CDBG funds who exercise or have exercised any function or responsibilities with respect to CDBG activities assisted herein or are in a position to participate in a decision making process or gain inside information with regard to such activities, may obtain a financial interest or benefit from the activity, or have an interest in any contract, subcontract or agreement with respect thereto, or the proceeds thereunder either for themselves or those with whom they have family or business ties during their tenure or for one year thereafter. Exceptions may be granted by the Department for Local Government on a case-by-case basis as requested upon full disclosure in writing. Should any governmental entity, recipient, subrecipient, employee or official know or perceive any breach of ethical standards or conflict of interest involving any other CDBG grant, they shall immediately notify the Department for Local Government.
Participating Party. XXXXXXX agrees and has found by resolution that [company’s full legal name] meets the definition of a Participating Party pursuant to the Act.