Third Party Notification. Each Party agrees to inform any actual or potential third party purchasers, licensees, or transferees of the restrictions imposed by the Transaction Documents on the rights licensed to or retained by Transferor, and on the rights acquired by Acquiror, in this transaction.
Third Party Notification. The County acknowledges the Unions’ standing information request for notification in the event the County receives a Public Records Act request for bargaining unit contact information. The County will notify the applicable Union of any such requests that are submitted to Human Resources.
Third Party Notification. The City acknowledges the Union’s standing as sole representative for employees within the Unit. If the City receives an information request or a Public Records Act request for bargaining unit names and/or contact information, the City will notify the Business Agent of any such requests that are submitted to the City.
Third Party Notification. Without prejudice to the generality of Section 7.01, with respect to each Business Contract that is a Business Contract with one of the top twenty (20) suppliers in terms of contract value for development or contains a Change of Control Notice Clause (any such Business Contract, a “Notifiable Contract”), the Seller and the Purchaser shall jointly, as soon as practicable after the date hereof, deliver a written notification letter (the “Notification Letter”) to the counterparties to the Notifiable Contract, notifying each such counterparty of the Transactions, and with a view to obtaining the counterparty’s no objection to or acquiescence in the Transactions as outlined in the Notification Letter. The Reorganization Plan sets forth a list of all the Notifiable Contracts as of the date hereof. For purposes of this Section 2.06 and Section 4.02(a)(vii), a counterparty’s no objection to or acquiescence in the Transactions shall be conclusively treated as having been obtained if the counterparty has failed to communicate (or has communicated and subsequently withdrawn) its objection to the Transactions to the Seller by the tenth (10) day after receiving the Notification Letter.
Third Party Notification. Purchaser and MDC shall notify the Shareholders and the escrow agent under the Post-Closing Escrow Agreement of any Third Party Claim, within ten (10) days of receiving notice of such Third Party Claim, describing in reasonable detail the amount of and alleged basis for the Third Party Claim, with a copy of all documents in MDC's or Purchaser's possession relating to such Third Party Claim and any pleadings or other documents served on MDC by the third party (the "THIRD PARTY CLAIM NOTICE"). Within thirty (30) days after receipt of any Third Party Claim Notice (the "ELECTION PERIOD"), the Shareholders shall notify MDC, the Purchaser and the escrow agent (i) whether the Shareholders dispute payment of the Third Party Claim from the Post-Closing Escrow Account, and (ii) whether the Shareholders desire, at the Shareholders' sole cost and expense, to defend MDC against any such Third Party Claim.
Third Party Notification. MDC shall notify the Shareholders (by forwarding the notice to Agent) and the Escrow Agent of the initiation any legal proceeding by a party against MDC for payment of a Special Liability (a "Special Liabilities Claim") within ten (10) days of receiving written notice of such proceeding, with copies of any pleadings or other documents served on MDC by the third party (the "Special Liabilities Claim Notice"). Within thirty (30) days after receipt of any Special Liabilities Claim Notice (the "Election Period"), the Shareholders, by and through the Agent, shall notify Purchaser, MDC and the Escrow Agent (i) whether the Shareholders dispute payment of the Special Liabilities Claim from the Special Liabilities Escrow Account, and (ii) whether the Shareholders desire, at the Shareholders' sole cost and expense, to defend MDC against any such Special Liabilities Claim.
Third Party Notification. To the extent that any Collateral is in the possession of any third party, the Borrower shall join with the Lender in notifying such third party of the Lender’s security interest in such Collateral and shall use its commercially reasonable best efforts to obtain an acknowledgement and agreement from such third party with respect to the Collateral, in form and substance reasonably satisfactory to the Lender.
Third Party Notification. Upon the occurrence and during the continuation of a Default, Purchaser may notify (and the Company shall, if requested by Purchaser, notify) account debtors, parties to the Agreements, obligors in respect of instruments, and obligors in respect of chattel paper, that the accounts and the right, title and interest of the Company in and under the Agreements, instruments, and chattel paper have been assigned to Purchaser and that payments shall be made directly to Purchaser.
Third Party Notification. 1. If the tenant signs the Third-Party Notification form, allowing us to share the account status, we can alert you, the landlord, if the account would become eligible for non-payment disconnect or insufficient funds in MyChoice.
2. The third party is not responsible for payment on the account, unless they opt to have the electric service put into their name to avoid disconnect and allow the same tenant to reside at the property.
Third Party Notification
