Examples of Breaching Parties in a sentence
In this case, any of other non- Breaching Parties (hereinafter referred to as the “Non-Defaulting Parties”) shall have rights to ask the Defaulting Party to take corrective or remedial actions within a reasonable deadline.
In the event of a default by any party which results in the filing of a lawsuit for damages, specific performances, or other remedies, any Non-Breaching Parties shall be entitled to reimbursement by any Breaching Parties of reasonable legal fees and expenses incurred by such Non-Breaching Party.
If any such action is brought by any party to enforce this Agreement, any Breaching Parties shall waive the defense that there is an adequate remedy at law.
The amount of expenses, losses, liabilities, damages and reasonable expenditures caused by default of one Party to another Party (referred to as the “Amount of loss”) shall be identified according to the enforceable legal documents including judgment, arbitration award, verdict, ruling and decision of punishment relating to the default activities of the Breaching Parties issued by competent court, arbitration authority, other dispute resolution organizations or governmental authorities.
Several of the individual Breaching Parties were based in New York (see Compl.
Where the Breaching Party does not co-operate with an investigation, they are considered in breach of the Code and will be considered by the Code Panel for expulsion.The affected rights of Breaching Party outlined above shall not interfere with its obligations and liabilities under the Code.The CRU can end any suspension of the Breaching Parties rights and consider any potential appeals to such suspension of rights.
Eventually, a foreclosure sale was scheduled, and this case was filed in response to that sale on March 15, 2016.The financial difficulties experienced by the Debtor have improved in several material respectsFirst, a settlement agreement has been reached with the Breaching Parties that will result in BG Petroleum being paid damages and obtaining the assets that were the subject of the contract.
The Parties (“Breaching Parties”) shall indemnify and hold (“Indemnified Parties”) harmless from and against any loss, liability, damage or expense (including attorneys’ fees), whether or not suit is brought, incurred by the Indemnified Parties as a result of breach or failure to abide by the terms of this Agreement by any of the Breaching Parties.
The Breaching Parties shall indemnify the Indemnified Parties from and against any loss, liability, damage or expense (including attorneys’ fees) for any Social Security, Medicare, other employment, unemployment, income or other taxes and worker’s compensation insurance premiums incurred by the Indemnified Parties in connection with the payment for or the performance of the Services under this Agreement.
The Breaching Parties shall indemnify the Indemnified Parties from and against any loss, liability, damage or expense (including attorneys’ fees) for actions based upon or arising out of breach of the Services under this Agreement, except for such losses, liability, damage or expense caused by the breach of contract, negligent action or misconduct of the Indemnified Parties, its employees, representatives or third parties under the Indemnified Parties’ direction or control.