Affected Party definition

Affected Party has the meaning specified in Section 5(b).
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Affected Party shall have the meaning set forth in Clause 21.1;
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Affected Party means the party seeking to claim relief in respect of a Force Majeure;
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Examples of Affected Party in a sentence

  • If the Affected Party is not able to make such a transfer it will give notice to the other party to that effect within such 20 day period, whereupon the other party may effect such a transfer within 30 days after the notice is given under Section 6(b)(i).

  • If a Termination Event other than a Force Majeure Event occurs, an Affected Party will, promptly upon becoming aware of it, notify the other party, specifying the nature of that Termination Event and each Affected Transaction, and will also give the other party such other information about that Termination Event as the other party may reasonably require.

  • If any “Additional Termination Event” is specified in the Schedule or any Confirmation as applying, the occurrence of such event (and, in such event, the Affected Party or Affected Parties will be as specified for such Additional Termination Event in the Schedule or such Confirmation).

  • Subject to clause (3) below, if there is one Affected Party, the Early Termination Amount will be determined in accordance with Section 6(e)(i), except that references to the Defaulting Party and to the Non-defaulting Party will be deemed to be references to the Affected Party and to the Non-affected Party, respectively.


More Definitions of Affected Party

Affected Party has the meaning ascribed to it in Clause 17.1;
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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;
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Affected Party. As defined in Section 7.01(b).
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Affected Party means the Party seeking to claim relief in respect of a Force Majeure Event.
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Affected Party means the Party claiming to be affected by a Force Majeure Event in accordance with Clause 8.1.
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Affected Party means a party prevented from performing the party’s obligations in accordance with this Agreement by an Event of Force Majeure.
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Affected Party has the meaning assigned to that term in Section 2.10.
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