Contracting Party Affiliate definition

Contracting Party Affiliate means, in relation to the Contracting Party (the “First Contracting Party”),
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Contracting Party Affiliate means, in relation to the Contracting Party (the “First Contracting Party”), any other Contracting Party (an “OCP”) that is controlled, directly or indirectly, by the First Contracting Party, any OCP that controls, directly or indirectly, the First Contracting Party or any OCP directly or indirectly under common control with the First Contracting Party, except as may be waived by Exchange pursuant to Exchange’s written consent; or any other OCP affiliated with the Contracting Party that does not otherwise qualify under this definition if agreed to in writing by Exchange, the OCP and the First Contracting Party. For this definition, “control” of any OCP or the First Contracting Party means ownership of a majority of the voting power of the OCP or the First Contracting Party;
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Contracting Party Affiliate means, in relation to the Contracting Party (the “First Contracting Party”), any other Contracting Party (an “OCP”) that is controlled, directly or indirectly, by the First Contracting Party, any OCP that controls, directly or indirectly, the First Contracting Party or any OCP directly or indirectly under common control with the First Contracting Party, except as may
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Examples of Contracting Party Affiliate in a sentence

  • The amendments specify that a Contracting Party guarantees to ICE NGX the payment and performance of the Obligations of its Contracting Party Affiliate, to more explicitly state that the Obligations of the Contracting Party Affiliate are the Obligations of the Contracting Party itself under the CPA.

  • Under the CPA, a Contracting Party is liable for the Obligations (as defined in the CPA) of its Contracting Party Affiliate, and ICE NGX has the right to set-off Obligations of a Contracting Party against the Obligations of its Contracting Party Affiliate.

  • Upon the occurrence of a Default with respect to any Contracting Party or, except as Exchange may otherwise agree, any Contracting Party Affiliate, Exchange shall be entitled to draw upon any letter of credit provided to it by the Contracting Party up to the amount of to pay the Obligations and the Guarantee that are due.

  • Specifically, the amendments strengthen ICE NGX’s authority to take appropriate action to manage risks in respect of a Contracting Party, and enhance ICE NGX’s authority to take action to protect the clearinghouse and its other participants against a potential default by a Contracting Party where an event of default has been declared at another clearinghouse in respect of that Contracting Party Affiliate, or any of its affiliates or Credit Support Providers.

  • Default Rules and Procedures (Core Principle G): The Amendments facilitate ICE NGX’s compliance with Core Principle G - Default Rules and Procedures and Commission Regulation 39.16, as the Amendments relating to Contracting Party Affiliates, Set-off and Cross-Default enhance ICE NGX’s rules designed to allow for the efficient, fair and safe management of a default by a Contracting Party or Contracting Party Affiliate.

  • If Exchange determines to do so, Exchange will only agree after the Contracting Party and each such affiliated the Contracting Party Affiliate have provided to Exchange Collateral sufficient to cover the Margin Requirements for each party.

  • A Contracting Party Affiliate is a Contracting Party that (i) is affiliated with another Contracting Party, and (ii) nets collateral and exposure with that other Contracting Party under the same “clearing account”.

  • The Amendments broaden an exclusion from the scope of the confidentiality provision applicable to a Contracting Party to cover any affiliate of the Contracting Party, rather than the narrow, defined term Contracting Party Affiliate.

  • ICE NGX is amending the monthly Subscription Fees set out in Schedule “A” - Fee Schedule of the CPA as follows: • the Subscription Fee for a Contracting Party is changed to $2000 per month, and • the Subscription Fee for a Contracting Party Affiliate is changed to $1000 per month.

  • Upon the occurrence of a Default with respect to any Contracting Party or, except as Exchange may otherwise agree, any Contracting Party Affiliate, Exchange shall be entitled to draw upon any letter of credit provided to it by the Contracting Party up to the amount of the Obligations that are due.


More Definitions of Contracting Party Affiliate

Contracting Party Affiliate means, in relation to the Contracting Party (the "First Contracting Party"), any other Contracting Party (an "OCP") that is controlled, directly or indirectly, by the First Contracting Party, any OCP that controls, directly or indirectly, the First Contracting Party or any OCP directly or indirectly under common control with the First Contracting Party, except as may be waived by Exchange pursuant to Exchange's written consent; or any other OCP affiliated with the Contracting Party that does not otherwise qualify under this definition if agreed to in writing by Exchange, the OCP and the First Contracting Party. For this definition, "control" of any OCP or the First Contracting Party means ownership of a majority of the voting power of the OCP or the First Contracting Party;
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Related to Contracting Party Affiliate

  • Contracting Party shall have the meaning designated in the preamble to Section 5.2 hereof.

  • Contracting Parties has the meaning set forth in Section 9.14.

  • investor of a Contracting Party means: (a) A natural person having the nationality of a Contracting Party in accordance with its applicable law; or (b) An enterprise constituted or organised under the applicable law of a Contracting Party; Making or having made an investment in the other Contracting Party's territory.

  • Non-Party Affiliates has the meaning set forth in Section 10.15.

  • Borrower Party Affiliate means, with respect to the Mortgage Loan Borrower, a manager of the Mortgaged Property or an Accelerated Mezzanine Loan Lender, (a) any other Person controlling or controlled by or under common control with such Mortgage Loan Borrower, manager or Accelerated Mezzanine Loan Lender, as applicable, or (b) any other Person owning, directly or indirectly, 25% or more of the beneficial interests in such Mortgage Loan Borrower, manager or Accelerated Mezzanine Loan Lender, as applicable. For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

  • Customer Affiliate means an entity that owns or controls, is owned or controlled by or is or under common control or ownership with Customer, where control is defined as the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of an entity, whether through ownership of voting securities, by contract or otherwise;

  • Contracting agent means the governing body of a

  • Contracting activity for DoD also means elements designated by the director of a defense agency which has been delegated contracting authority through its agency charter. DoD contracting activities are listed at PGI 202.101.

  • Contracting Body means the Authority and any other person as listed in paragraph VI.3 of the OJEU Notice and “Contracting Bodies” shall be construed accordingly;

  • Pharmacy support person means a person, other than a licensed pharmacist, a registered pharmacist-intern, or a registered pharmacy technician, who may perform nontechnical duties assigned by a supervising pharmacist under the pharmacist’s responsibility and supervision.

  • Support Personnel means the staffs that support the Key Personnel.

  • Contracting entity means any person that has a primary business purpose of contracting with participating providers for the delivery of health care services.

  • Programme Party means a party to a Programme Document (other than the Issuer and ETP Securityholders).

  • Third Party Subcontract means a subcontract entered into by the Third Party Contractor with a Third Party Subcontractor, or a Third Party Subcontractor with another Third Party Subcontractor at any tier, and is supported in whole or in part with the federal assistance originally derived from FTA, or non- federal share dedicated to the Recipient’s Underlying Agreement.

  • First-tier subcontract means a subcontract awarded directly by the Contractor for the purpose of acquiring supplies or services (including construction) for performance of a prime contract. It does not include the Contractor’s supplier agreements with vendors, such as long-term arrangements for materials or supplies that would benefit multiple contracts and/or the costs of which are normally applied to a Contractor’s general and administrative expenses or indirect cost.

  • Third Party Contractor as used in the Student Data Protection Act and “Operator” as used in COPPA. De-Identified Information (DII): De-Identification refers to the process by which the Contractor removes or obscures any Personally Identifiable Information (“PII”) from Education Records in a way that removes or minimizes the risk of disclosure of the identity of the individual and information about them.

  • Related Party Agreement means any agreement, arrangement, or understanding between the Company and any Stockholder or any Affiliate of a Stockholder or any Director, officer, or employee of the Company, as such agreement may be amended, modified, supplemented, or restated in accordance with the terms of this Agreement.

  • Third-party logistics provider means an entity that provides

  • Third Party Vendor means any person or entity that provides SaaS, third party software and/or related intellectual property. “Work” means any additional work the Customer requests Singtel to perform in relation to the Service.

  • Related Party Contract has the meaning set forth in Section 3.25.

  • Supplier means the successful bidder who is awarded the contract to maintain and administer the required and specified service(s) to the State.

  • Seller Affiliate means any Affiliate of Seller.

  • Third Party Agent means any provider of services to the Client (other than the Custodian, a Subcustodian or Delegate under this Agreement) including any Investment Manager, adviser or sub-advisor, distributor, broker, dealer, transfer agent, administrator, accounting agent, audit firm, tax firm, or law firm.

  • Designated Contract Representative(s) means those individual(s) designated by the Contractor on the Pre-Work form during the Pre-Work Conference.

  • Third Party Originating Carrier means a Telecommunications Carrier that originates Transit Traffic that transits AT&T-TSP’s network and is delivered to CLEC.

  • Contracting agency means the principal departments in the Executive Branch of the State Government, and any division, board, bureau, office, commission or other instrumentality within or created by such department, or any independent State authority, commission, instrumentality or agency, or any State college or university, any county college, or any local unit; with respect to this Contract, the contracting agency shall mean the Division;