Defending Party definition

Defending Party has the meaning set forth in Section 14.2.3.

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Defending Party has the meaning set forth in Section 8.05.

Defending Party means a Welded Party or Shipper who purportedly breaches its ICA or TSA respectively in circumstances where a Claimant makes a claim against MDL under section 28 arising out of or in connection with that purported breach.

Examples of Defending Party in a sentence

• The Defending Party shall not agree to any settlement of such action, suit, proceeding or claim without the prior written consent of the other Party, which shall not be unreasonably withheld, conditioned or delayed.

• The Defending Party shall keep the other Party advised of the status of such action, suit, proceeding or claim and the defense thereof and shall consider recommendations made by the other Party with respect thereto.

• The Defending Party, but solely to the extent the Defending Party is also the indemnifying Party, shall not agree to any settlement of such action, suit, proceeding or claim or consent to any judgment in respect thereof that does not include a complete and unconditional release of the other Party from all liability with respect thereto or that imposes any liability or obligation on the other Party without the prior written consent of the other Party.

More Definitions of Defending Party

Defending Party has the meaning set forth in Section 4.4 (Defense of Third Party Claims).

Defending Party has the meaning set forth in Section 24.5(e).

Defending Party means a Party against which a claim is made under this Article.

Defending Party has the meaning set forth in Section 10.9.

Defending Party has the meaning ascribed thereto in Section 12.4(c).

Defending Party shall have the meaning set forth in Section 11.21.

Defending Party has the meaning set forth in Section 5.05(a).