Contracting Party Suspension definition

Contracting Party Suspension means one or more of the cancellation of any or all Orders of the Contracting Party regarding a Product and the termination of access to the ICE NGX Trading System and the ICE NGX Clearing System of the Contracting Party in relation to any or all Products;
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Contracting Party Suspension means one or more of the cancellation of any or all Orders of the Contracting Party regarding a Product and the termination of access to the NGX Trading System and the NGX Clearing System of the Contracting Party in relation to any or all Products;
Sample 1

Examples of Contracting Party Suspension in a sentence

  • Consequences of Contracting Party Suspension – Without limitation to its rights under Section 6.1, in the event that Exchange causes a Contracting Party Suspension for any cause other than those described in Section 6.1, Exchange will provide notice to such Contracting Party and the Contracting Party will not be entitled to enter into some or all Transactions, as identified in such notice, after receipt of such notice.

  • Upon the occurrence of a Contracting Party Suspension, Exchange may exercise any of the rights under Section 5.5 or Section 8.2, with references to the “Defaulting Party” deemed to be references to the suspended Contracting Party, as well as any other rights or remedies granted under this Agreement or under law, equity or otherwise.

  • The Contracting Party agrees and acknowledges that upon any failure by such Contracting Party to provide Eligible Collateral Support to Exchange in the amounts and manner set forth under the Risk Management Policy, Exchange shall have the rights and remedies set forth in this Agreement including, without limitation, the rights to cause a Contracting Party Suspension, effect the Close-out Procedure and/or effect the Liquidation Procedure with respect to the Contracting Party’s Transactions.

  • The Contracting Party agrees and acknowledges that upon any failure by such Contracting Party to provide Eligible Collateral Support to Exchange in the amounts and manner set forth under the Risk Management Policy, Exchange shall have the rights and remedies set forth in this Agreement including, without limitation, the rights to cause a Contracting Party Suspension, effect the Close- out Procedure and/or effect the Liquidation Procedure with respect to the Contracting Party’s Transactions.

  • Seller shall provide Buyer with the necessary documentation reasonably required for the orderly use, installation and maintenance of Materials.

  • The Contracting Party agrees and acknowledges that upon any failure by such Contracting Party to provide Eligible Collateral Support to Exchange in the amounts and manner set forth under the Risk Management Policy, Exchange shall have the rights and remedies set forth in this Agreement including, without limitation, the rights to cause a Contracting Party Suspension, effect the Close-out Procedure and/or effect the Liquidation Procedure with respect to the Contracting Party's Transactions.

  • Assume that the potential is zero outside some finite range r0 and that the energy, E, is positive such that the wave function for r > r0 takes the free form ψ(r) = C sin(kr + δ(k)) , for r > r0 , (2.5) where δ(k) is the energy dependent phase shift and the wave number k is defined by k2 = 2mE/k2.

  • The amendments also clarify when a Contracting Party Suspension becomes effective, and clarify ICE NGX’s obligations to notify the Contracting Party.

  • Consequences of Contracting Party Suspension – Without limitation to its rights under Section 6.1, upon the occurrence of a Contracting Party Suspension with respect to a Contracting Party; … (ii) Exchange may exercise any of the rights under Section 5.6 5.5 or Section 8.2, with references to the “Defaulting Party” deemed to be references to the suspended Contracting Party, as well as any other rights or remedies granted under this Agreement or under law, equity or otherwise.

  • The proposed amendments would broaden the list of enumerated events upon which ICE NGX may cause a Contracting Party Suspension, to incorporate criteria or events relating to affiliates of a Contracting Party.

Related to Contracting Party Suspension

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

  • 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.

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

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

  • Single event permit means a permit issued in accordance with Chapter 9, Part 3, Single Event Permit.

  • Relevant Force Majeure Event means a Force Majeure Event in relation to which an Affected Party is claiming relief under this Clause 17; and

  • Contracting unit means a municipality or any board, commission, committee, authority or agency, and which has administrative jurisdiction over any district other than a school district, project, or facility, included or operating in whole or in part, within the territorial boundaries of any county or municipality which exercise functions which are appropriate for the exercise by one or more units of local government, and which has statutory power to make purchases and enter into contracts or agreements for the performance of any work or the furnishing or hiring of any materials or supplies usually required, the costs or contract price of which is to be paid with or out of public funds.

  • Force Majeure Event means an event, or a series of related events, that is outside the reasonable control of the party affected (including failures of the internet or any public telecommunications network, hacker attacks, denial of service attacks, virus or other malicious software attacks or infections, power failures, industrial disputes affecting any third party, changes to the law, disasters, explosions, fires, floods, riots, terrorist attacks and wars);

  • Development Permit means a document authorizing a development issued pursuant to this Land Use Bylaw;

  • 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.

  • Representative of a prospective contractor means an officer or director of a corporation, a member or manager of a limited liability corporation, a partner of a partnership or a trustee of a trust of the prospective contractor.

  • Electronic Subcontracting Reporting System (eSRS) means the Governmentwide, electronic, web-based system for small business subcontracting program reporting. The eSRS is located at http://www.esrs.gov.

  • Force Majeure Events means acts of war, domestic and/or international terrorism, civil riots or rebellions, quarantines, embargoes and other similar unusual governmental actions, extraordinary elements of nature or acts of God.

  • Confidential commercial or financial information means any business information (other than trade secrets) which is exempt from the mandatory disclosure requirement of the Freedom of Information Act, 5 U.S.C. 552. Exemptions from mandatory disclosure which may be applicable to business information contained in proposals include exemption (4), which covers “commercial and financial information obtained from a person and privileged or confidential,” and exemption (9), which covers “geological and geophysical information, including maps, concerning wells.”

  • external engineering service means an engineering service situated outside the boundaries of a land area and that is necessary to serve the use and development of the land area;

  • Extraordinary Services and "Extraordinary Expenses" means all services rendered and all expenses (including fees and expenses of Counsel) incurred under the Indenture and the Tax Agreement other than Ordinary Services and Ordinary Expenses.

  • Third Party Supplier means a third party manufacturer and/or licensor of Products.

  • Selective contracting arrangement means an arrangement in which a carrier participates in selective contracting with one or more providers, and which arrangement contains reasonable benefit differentials, including, but not limited to, predetermined fee or reimbursement rates for covered benefits applicable to participating and nonparticipating providers.

  • Benchmark Modification or Cessation Event means, in respect of the Benchmark any of the following has occurred or will occur:

  • MSAA Indicator Technical Specifications document means, as the context requires, either or both of the document entitled “Multi-Sector Service Accountability Agreement (MSAA) 2019-20 Indicator Technical Specifications November 5, 2018 Version 1.3” and the document entitled “Multi-Sector Service Accountability Agreement (MSAA) 2019-20 Target and Corridor-Setting Guidelines” as they may be amended or replaced from time to time;

  • Operating Permit means a permit issued pursuant to section 10 of this local law. The term “Operating Permit” shall also include an Operating Permit which is renewed, amended or extended pursuant to any provision of this local law.

  • End of Suspension Notice has the meaning set forth in Section 1(f)(ii).

  • Excusable Delay means a delay due to acts of God, governmental restrictions, stays, judgments, orders, decrees, enemy actions, civil commotion, fire, casualty, strikes, work stoppages, shortages of labor or materials or other causes beyond the reasonable control of Borrower, but lack of funds in and of itself shall not be deemed a cause beyond the control of Borrower.

  • work permit shall have the meaning set forth in Section 2.21(e).

  • Constraint or “dose constraint” means a value above which specified licensee actions are required.

  • Project Scope means the description or activity of work to be accomplished on the Project.