Entitled Party definition

Entitled Party means the Company unless the Collateral Agent or the Company has given notice to the Subordinated Lender that the Collateral Agent has, on behalf of the Secured Parties and pursuant to the Collateral Agency Agreement or related documents, properly exercised its remedies to foreclose on the Company’s interest in any System Lease and receive payments pursuant to any System Lease directly from Sharyland, in which case the Entitled Party shall mean the Collateral Agent, acting for the benefit of the Secured Parties.
Entitled Party shall have the meaning ascribed thereto in Section 4.1(a).
Entitled Party has the meaning given to it in Clause 2.7.1(a).

Examples of Entitled Party in a sentence

  • The reasonableness of the amount of such cost increase will, at the request of any Entitled Party, be verified by a third party consultant selected by the Requisite Global Majority and reasonably satisfactory to the Manager.

  • None of the provisions of this Annex should be interpreted as the Entitled Party granting the JRC any licence or any other rights to the Entitled Party's Background unless otherwise agreed.

  • The Entitled Party remains solely entitled to the Entitled Party's Background.

  • During the Access and solely for the purposes of Access the Entitled Party is allowed to use the JRC's Background, only if necessary for the research, unless the JRC objects.

  • During a period of negotiation with a maximum of six (6) months after an Entitled Party has indicated its wish to obtain exclusivity, each of the Entitled Parties shall use the Protectable Joint Foreground for its own internal research purposes only in accordance with the above.


More Definitions of Entitled Party

Entitled Party has the meaning set forth in SECTION 4.1(a).
Entitled Party means the Lead User, the User, the Lead User Institution or the User Institution in the meaning of the Framework, that is entitled to the ownership or the co-ownership of the IPR, in accordance with their contractual arrangements in particular resulting from the relationship of employment;
Entitled Party means, a Person, other than the Seller, who provides Additional Property pursuant to the related Additional Property Agreement.
Entitled Party has the meaning set forth in Section 3.3.
Entitled Party means a Person, other than the Seller, providing Additional Property pursuant to the related Additional Property Agreement.
Entitled Party is defined in Section 6.9 of this Agreement.
Entitled Party means, at any time, the person who is entitled at such time to make claims under the Warranties under and in accordance with this Agreement, being the Initial Entitled Party or the person named as the new Entitled Party in any Replacement Entitled Party Notice delivered to the Manufacturer in accordance with this Agreement.