Affected Party definition

Affected Party has the meaning specified in Section 5(b).

Affected Party means the party seeking to claim relief in respect of a Force Majeure;

Affected Party shall have the meaning set forth in Clause 21.1;

Examples of Affected Party in a sentence

• The Affected Party shall keep the other Parties informed on a continuing basis of developments relating to the Force Majeure Event until the event ends.

• The notification must specify in reasonable detail the circumstances of the Force Majeure Event, its expected duration, and the steps that the Affected Party is taking to mitigate the effects of the event on its performance.

• The Affected Party will use Reasonable Efforts to resume its performance as soon as possible.

• The Affected Party will be entitled to suspend or modify its performance of obligations under this Agreement (other than the obligation to make payments) only to the extent that the effect of the Force Majeure Event cannot be mitigated by the use of Reasonable Efforts.

• The Affected Party shall give the other Party regular (and not less than monthly) reports on the progress of those remedial measures and such other information as the other Party may reasonably request about the Force Majeure Event.

More Definitions of Affected Party

Affected Party has the meaning ascribed to it in Clause 17.1;

Affected Party means, in relation to a Force Majeure Event, the party claiming relief under this Clause 17 by virtue of that Force Majeure Event, and "Non-affected Party" shall be construed accordingly;

Affected Party. As defined in the Swap Agreement.

Affected Party means a party prevented from performing the party’s obligations in accordance with this Agreement by an Event of Force Majeure.

Affected Party has the meaning assigned to that term in Section 2.10.

Affected Party means the Party claiming to be affected by a Force Majeure Event in accordance with Clause 8.1.

Affected Party means the electric system of the Party other than the Party to which a request for interconnection or long-term firm delivery service is made and that may be affected by the proposed service.