Consenting Party definition

Consenting Party means a Party who agrees to participate in and pay its share of the cost of an Exclusive Operation.

Consenting Party has the meaning set forth in Section 11.1(a).

Consenting Party means: (a) the natural parent, adopted parent, or legal guardian of each student or former student who is under the age of 18 years; and, (b) each student or former student who has attained the age of 18 years. Where a student’s parents are divorced or legally separated, only the parent having legal custody shall be deemed to be the Consenting Party for purposes of this Agreement.

Examples of Consenting Party in a sentence

• Such lump sum amount shall be equal to one hundred per cent (100%) share of all liabilities and expenses, including overhead, that were incurred in every Exclusive Operation relating to the Discovery, or well, as the case may be, in which the Non- Consenting Party desires to reinstate the rights it relinquished pursuant to Article 8.4(b) and that were not previously paid by such Non-Consenting Party.

• If, as the result of drilling such Appraisal Well as an Exclusive Operation, the Party proposing to apply for an Exploitation Area decides to not develop the reservoir, then each Non-Consenting Party who voted in favour of such Development Plan prior to the drilling of such Appraisal Well shall pay to the Consenting Party the amount such Non-Consenting Party would have paid had such Appraisal Well been drilled as a Joint Operation.

• If Crude Oil is to be produced from an Exploitation Area as part of an Exclusive Operation in which the Service Provider is a Non- Consenting Party, the Parties shall in good faith, and not less than three (3) months prior to first delivery of Crude Oil, negotiate and conclude the terms of an agreement to cover the offtake of Crude Oil produced under the Lease.

• In the case of an Exclusive Operation in which the Service Provider is a Non-Consenting Party, the Field Owner that is a Consenting Party shall have the right and obligation to lift and sell all Hydrocarbons produced from such Exclusive Operations.

• If a Non-Consenting Party desires to receive and acquire the right to use such G&G Data, then such Non- Consenting Party shall have the right to do so by paying to the Consenting Parties its participating interest share as set out in the agreement of the cost incurred in obtaining such G&G Data.

More Definitions of Consenting Party

Consenting Party or “Consenting Parties” is defined in Section 16.9(b).

Consenting Party. Solely during a CCR Control Period, the Controlling Class Representative. For the avoidance of doubt, the Controlling Class Representative shall not be a Consenting Party (and there shall be no Consenting Party) if and for so long as a CCR Control Termination Event is in effect. Notwithstanding the foregoing, a Borrower Restricted Party cannot be a Consenting Party.

Consenting Party. (i) prior to the occurrence and continuance of a Control Appraisal Period under the Co-Lender Agreement and solely during a CCR Control Period, the Controlling Class Representative; or (ii) during the occurrence and continuance of a Control Appraisal Period under the Co-Lender Agreement, the holder of Note A-1-1 or its representative. For the avoidance of doubt, the Controlling Class Representative shall not be a Consenting Party if and for so long as a CCR Control Termination Event is in effect or during the existence of a Control Appraisal Period. Notwithstanding the foregoing, no Consenting Party can be a Borrower Restricted Party.

Consenting Party has the meaning specified in Section 12.22.

Consenting Party means any Person whose consent or waiver is or may be required under any Contract in connection with the Transaction Documents or the consummation by either party of any of the transactions contemplated thereby.

Consenting Party shall have the meaning set forth in Section 2.03 of this Agreement.

Consenting Party. (i) Prior to the occurrence and continuance of a C Note Control Appraisal Period under the Co-Lender Agreement and solely during a CCR Control Period, the Controlling Class Representative; (ii) during the occurrence and continuance of a C Note Control Appraisal Period under the Co-Lender Agreement, unless a B Note Control Appraisal Period has occurred and is continuing, the holder of the Companion B Note that constitutes the controlling Note under the Co-Lender Agreement or its representative; or (iii) during the occurrence and continuance of a B Note Control Appraisal Period under the Co-Lender Agreement, the holder of the Companion A Note that constitutes the controlling Note under the Co-Lender Agreement or its representative, in each case to the extent such party is entitled to exercise such rights under the Co-Lender Agreement. For the avoidance of doubt, the Controlling Class Representative shall not be a Consenting Party if and for so long as a CCR Control Termination Event is in effect or during the existence of a Control Appraisal Period. Notwithstanding the foregoing, a Borrower Restricted Party cannot be a Consenting Party.