The Party Sample Clauses
The Party. (i) is dissolved (other than pursuant to a consolidation, amalgamation or merger); (ii) becomes insolvent or is unable to pay its debts or fails (or admits in writing its inability) generally to pay its debts as they become due; (iii) makes a general assignment, arrangement or composition with or for the benefit of its creditors; (iv) has instituted against it a proceeding seeking a judgment of insolvency or bankruptcy or any other relief under any bankruptcy or insolvency law or other similar law affecting creditor’s rights, or a petition is presented for its winding-up, reorganization or liquidation, which proceeding or petition is not dismissed, stayed or vacated within forty-five (45) Business Days thereafter; (v) commences a voluntary proceeding seeking a judgment of insolvency or bankruptcy or any other relief under any bankruptcy or insolvency law or other similar law affecting creditors’ rights; (vi) seeks or consents to the appointment of an administrator, provisional liquidator, conservator, receiver, trustee, custodian or other similar official for it or for all or substantially all of its assets; (vii) has a secured party take possession of all or substantially all of its assets, or has a distress, execution, attachment, sequestration or other legal process levied, enforced or sued on or against all or substantially all of its assets; (viii) causes or is subject to any event with respect to it which, under the applicable laws of any jurisdiction, has an analogous effect to any of the events specified in clauses (i) to (vii) inclusive; or (ix) takes any action in furtherance of, or indicating its consent to, approval of, or acquiescence in, any of the foregoing acts.
The Party initiating the mediation shall refer the Dispute for mediation under the supervision of the Mediation Agency (simultaneously notifying the other Party of such referral), in which case:
8.4.2.1 the mediator shall be a registered or panel mediator of the Mediation Agency appointed by the Mediation Agency; and
8.4.2.2 the procedure in the Model Procedure will (subject to amendment to take account of any relevant provisions in this Agreement or any other agreement which the Parties may enter into in relation to the conduct of the mediation) apply.
The Party. Appointed Arbitrators and the Third Arbitrator shall consider the terms and conditions of this Agreement, including all relevant evidence and testimony, and shall render their decision within thirty (30) Days following conclusion of the hearing by means of a reasoned decision; provided, however, the Party-Appointed Arbitrators and the Third Arbitrator are expressly and specifically limited to selecting one (1) of the Proposed Resolutions for each issue in dispute provided by Seller and Georgia Power. The Party-Appointed Arbitrators and the Third Arbitrator shall have no authority to award consequential, special, indirect, treble, exemplary, incidental, or punitive damages of any type under any circumstances regardless of whether such damages may be available under appropriate state law, federal law, the Federal Arbitration Act, or any other applicable law. The PUBLIC DISCLOSURE EXECUTION VERSION 44 Parties hereby waive their right, if any, to recover consequential, special, indirect, treble, exemplary, incidental, and punitive damages with respect to this Agreement.
The Party. 6D Global Technologies, Inc. (the “Company” or “6D Global”) is a digital technology solutions provider, listed on the NASDAQ stock market under stock symbol SIXD. The Company was founded by Silicon Valley entrepreneurs with offices in California, Ohio and New York. The Company manages a portfolio of fast growing digital business solutions companies that deliver top performing people with skills and experience in the key digital technology areas that enterprise-class organizations demand during critical changes and growth.
The Party. (i) files a petition or otherwise commences, authorizes or acquiesces in the commencement of a proceeding or cause of action under any bankruptcy, insolvency, reorganization or similar law, or has any such petition filed or commenced against it;
(ii) makes an assignment or any general arrangement for the benefit of creditors;
(iii) otherwise becomes bankrupt or insolvent (however evidenced);
(iv) has a liquidator, administrator, receiver, trustee, conservator or similar official appointed with respect to it or any substantial portion of its property or assets; or
(v) as contemplated by applicable bankruptcy law, is generally unable to pay its debts as they fall due, unless such debts are the subject of a bonafide dispute.
The Party. Parties shall indemnify, defend and hold TU Delft harmless from and against any and all claims, demands, suits, losses, damages and liabilities, including without limitation interest and reasonable attorney fees, arising out of, relating to, or resulting from its (non- )performance of activities related to the licence agreement unless such claims, demands, suits, losses, damages and liabilities are based on gross negligence or wilful misconduct of TU Delft.
The Party. (a) is dissolved (other than pursuant to a consolidation, amalgamation or merger);
(b) becomes insolvent or is unable to pay its debts or fails or admits in writing its inability generally to pay its debts as they become due;
(c) makes a general assignment, arrangement or composition with or for the benefit of its creditors;
The Party. Client or Dalmijn Consulting;
The Party using the Trial Equipments during the Trial bears the risk of the loss or damage of the Trial Equipments to the supplier (vendor). If any Trial Equipments must be replaced during the Trial as the result of loss or damage by the Party or is not returned after the Trial, the Sponsor reserves the right to deduct the cost of such equipment from the Payment.