Enron Party definition

Enron Party and the correlative term "Enron Parties" have the meaning set forth in the preamble hereto.
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Enron Party means any of Enron Capital & Trade Resources International Corp., Enron Capital & Trade Resources, Limited, Enron Coal Services Limited, Enron Financial Energy Trading LLC, Enron Canada Corporation, Enron North America Corp. ("ENA"), and Enron Power Marketing, Inc. ("EPMI").
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Enron Party means anyeach of Enron, ENA, EPMI, ECTRIC, ERMTIC, ECL and EML. [list other acronyms].
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Examples of Enron Party in a sentence

  • If Counterparty fails or refuses to pay any Obligations, and any of the Enron Parties has elected to exercise its rights under this Guaranty, such Enron Party shall make a demand upon Guarantor (hereinafter referred to as a “Payment Demand”).

  • A Payment Demand shall be in writing and shall reasonably and briefly specify in what manner and what amount Counterparty has failed to pay and an explanation of why such payment is due, with a specific statement that such Enron Party is calling upon Guarantor to pay under this Guaranty.

  • Subject to the provisions hereof, (a) Guarantor hereby irrevocably and unconditionally guarantees the timely payment when due of the obligations of Counterparty (the “Obligations”) to the Enron Parties under the Contracts, and (b) to the extent that Counterparty shall fail to pay any Obligations to any Enron Party, Guarantor shall promptly pay to such Enron Party the amount due.

  • This Agreement shall continue to be effective or be reinstated, as the case may be, if at any time any amount received by the Fiscal Agent in respect of the Claims is rescinded or must otherwise be restored or returned by the Fiscal Agent upon the insolvency, bankruptcy, reorganization, liquidation of any Enron Party or any substantial part of any Enron Party's assets, or otherwise, all as though such payments had not been made.

  • This Agreement is for the sole benefit of the Claim Holders, all indemnified persons hereunder and each of their respective successors and assigns, and is not for the benefit of any Enron Party or any other Person.

  • This Agreement has been duly authorized, executed, and delivered by, and is enforceable against each Enron Party.

  • Each Enron Party has taken all actions necessary to authorize the execution and delivery of this Agreement, the performance of its obligations hereunder, and the consummation of the transactions contemplated hereby, including obtaining Bankruptcy Court Approval.

  • Each Enron Party, each Claim Holder and the Fiscal Agent agree that Claims shall be Transferred only in accordance with the terms of this Section 5.03.

  • The Fiscal Agent, each Claim Holder and each Enron Party shall deem and treat the Person in whose name any Claim is registered in the Claims Register as the absolute owner of such Claim for the purpose of receiving payments thereon and for all other purposes, and none of the Fiscal Agent, any Claim Holder or any Enron Party shall be affected by any notice to the contrary.

  • Each Enron Party and each Claim Holder hereby irrevocably designates and appoints United States Trust Company of New York to act as the Fiscal Agent hereunder and under the other Fiscal Agency Documents and authorizes the Fiscal Agent to exercise such powers and perform such duties as are expressly required to be exercised or performed by the Fiscal Agent hereunder and thereunder, together with such other powers as are reasonably incidental thereto.


More Definitions of Enron Party

Enron Party means such assignee. Any purported assignment not permitted by this Section 26.8 shall be void.
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Enron Party means any of ENA, EPMI, [list other acronyms].
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Related to Enron Party

  • Non-Party means any Person other than a Party to this Agreement.

  • Mediation party means a person that participates in a mediation and whose agreement is necessary to resolve the dispute.

  • Auction Party has the meaning set forth in the definition of “Dutch Auction”.

  • Transaction Party means the Company and each Guarantor, collectively, “Transaction Parties”.

  • Construction Party means a party to a Construction Service Agreement. “Construction Parties” shall mean all of the Parties to a Construction Service Agreement.

  • Interconnection Party means a Transmission Provider, Interconnection Customer, or the Interconnected Transmission Owner. Interconnection Parties shall mean all of them.

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

  • Subject Company shall have the meaning set forth in Section 6.10(a).

  • Obligated Party has the meaning assigned to such term in Section 10.02.

  • Construction Parties means all of the Parties to a Construction Service Agreement.

  • Seriously disturbed person means a person who:

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

  • Project Company means Company incorporated by the bidder as per Indian Laws in accordance with Clause no 3.5.

  • Certification Party As defined in Section 11.05.

  • Obligated Person means any person, including the Issuer, who is either generally or through an enterprise, fund, or account of such person committed by contract or other arrangement to support payment of all, or part of the obligations on the Bonds (other than providers of municipal bond insurance, letters of credit, or other liquidity facilities), as shown on Exhibit A.

  • Associated Party means, if used to indicate a relationship with a person or company

  • Transaction Parties As defined in Section 5.3(o).

  • Non-Participating Manufacturer means any Tobacco Product Manufacturer that is not a Participating Manufacturer.

  • Relevant Party means the Borrower, each of the Owners, any other Security Party and each member of the Group from time to time;

  • Restricted Person shall have the meaning assigned to such term in Section 6.9(i).

  • Affiliated Party means, with respect to any Purchaser, any person or entity which, directly or indirectly, controls, is controlled by or is under common control with such Purchaser, including, without limitation, any general partner, officer or director of such Purchaser and any venture capital fund now or hereafter existing which is controlled by one or more general partners of, or shares the same management company as, such Purchaser.

  • Note Party means the Issuer and each Guarantor.

  • Valid Third Party Entity In respect of any transaction, any third party that the Calculation Agent determines has a bona fide intent to enter into or consummate such transaction (it being understood and agreed that in determining whether such third party has such a bona fide intent, the Calculation Agent shall take into consideration the effect of the relevant announcement by such third party on the Shares and/or options relating to the Shares and, if such effect is material, may deem such third party to have a bona fide intent). Nationalization, Insolvency or Delisting: Cancellation and Payment (Calculation Agent Determination); provided that, in addition to the provisions of Section 12.6(a)(iii) of the Equity Definitions, it will also constitute a Delisting if the Exchange is located in the United States and the Shares are not immediately re-listed, re-traded or re-quoted on any of the New York Stock Exchange, The NASDAQ Global Select Market or The NASDAQ Global Market (or their respective successors); if the Shares are immediately re-listed, re-traded or re-quoted on any of the New York Stock Exchange, The NASDAQ Global Select Market or The NASDAQ Global Market (or their respective successors), such exchange or quotation system shall thereafter be deemed to be the Exchange. Additional Disruption Events: Change in Law: Applicable; provided that Section 12.9(a)(ii) of the Equity Definitions is hereby amended by (i) replacing the phrase “the interpretation” in the third line thereof with the phrase “, or public announcement of, the formal or informal interpretation,” (ii) replacing the word “Shares” with the phrase “Hedge Positions” in clause (X) thereof and (iii) inserting the parenthetical “(including, for the avoidance of doubt and without limitation, (x) any tax law or (y) adoption, effectiveness or promulgation of new regulations authorized or mandated by existing statute)” at the end of clause (A) thereof. Failure to Deliver: Applicable Hedging Disruption: Applicable; provided that:

  • Charterer means a person, firm, corporation, association, partnership, or other legal entity who contracts for the transportation of passengers and baggage, or goods and/or property from a specified origin to a specified destination, for a particular itinerary, agreed upon in advance.

  • Guaranteed Party means the Borrower and each Subsidiary thereof party to any Interest Rate Protection Agreement or Other Hedging Agreement with an Other Creditor. Each Guarantor understands, agrees and confirms that the Secured Creditors may enforce this Guaranty up to the full amount of the Guaranteed Obligations against such Guarantor without proceeding against any other Guarantor, the Borrower, any other Guaranteed Party, against any security for the Guaranteed Obligations, or under any other guaranty covering all or a portion of the Guaranteed Obligations.

  • Debtor means a person who is liable on a claim.