Inactive Party definition

Inactive Party has the meaning set forth in Section 5.3.5.
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Inactive Party has the meaning ascribed to such term in Section 6.1.
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Inactive Party shall have the meaning set forth in Section 6.1.
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Examples of Inactive Party in a sentence

  • The Active Party shall promptly provide the Inactive Party with notice of such proceedings and keep the Inactive Party regularly informed of progress and promptly provide the Inactive Party with such information as the Inactive Party may reasonably require including copies of all documents filed at court in the proceedings.

  • The Inactive Party shall promptly provide the Active Party with all documents and assistance as the Active Party may reasonably require.

  • Upon any such termination, the terms of Sections 6.1, 6.3 and 6.4 will apply and the Active Party shall have no further obligations to the Inactive Party with regard to such Collaboration Product, except as set forth in such Sections.

  • If a Party becomes an Inactive Party, the Active Party shall have the rights under Section 5.1(d) or 5.2(d), as applicable.

  • The Active Party shall pay the Inactive Party a royalty on the sales of Collaboration Products as follows.

  • An Inactive Party may not make any modifications to the database; that is, it may not be a registrant or a Writer, and all users associated with it are similarly restricted.Only the EIDR Registration Authority can create or modify parties.

  • If a Party becomes an Inactive Party, the Active Party shall have a perpetual, royalty-free right to use any data jointly obtained by the Parties relating to the Product(s) for which the other Party became an Inactive Party, to develop and commercialize such particular Products in the Joint Territory.

  • Unless this Agreement is terminated, the Inactive Party shall, nevertheless, be entitled to receive its share of any cash and/or profits due it pursuant to this Agreement and shall continue to be obligated to make all contributions of funds required to be made under this Agreement and to perform under this Agreement at the time and in the manner provided in this Agreement.

  • Upon any such termination, the terms of Article 6 shall apply, and the Active Party shall have no further obligations to the Inactive Party with regard to such Product, except as set forth therein.

Related to Inactive Party

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • Inactive member means a member of the pension program or the individual account pro-

  • Active Participant means, with respect to any day or date, a Participant who is in Service on such day or date; provided, that a Participant shall cease to be an Active Participant (i) immediately upon a determination by the Committee that the Participant has ceased to be an Employee or Independent Contractor, or (ii) at the end of the Plan Year that the Committee determines the Participant no longer meets the eligibility requirements of the Plan.

  • Inactive Account means a trader’s Account which had Client-Initiated activity and subsequently it remained inactive for a period of 90 days.

  • Inactive Employee means an employee who is not actively at work due to approved leave of absence, short-term disability leave or military leave.

  • Prospective party means a person that discusses with a prospective collaborative lawyer the possibility of signing a collaborative law participation agreement.

  • Excluded Employee means an employee as defined in section 3527, subd. (b) of the Government Code (Ralph C. Dills Act) except those excluded employees who are designated managerial pursuant to section 18801.1 of the Government Code.

  • Inactive or "inactivation" means action by the Division to place a license on inactive status in accordance with Sections 58-1-305 and R156-1-305.

  • Administrative Party means the Arranger or the Facility Agent.

  • Participating Employer means any trade or business (whether or not incorporated) which adopts this Plan with the consent of the Company identified in the Adoption Agreement.

  • Active member means a member of the pension program or the individual account program

  • Related Employer means the Employer and (a) any corporation that is a member of a controlled group of corporations as defined in Code Section 414(b) that includes the Employer and (b) any trade or business that is under common control as defined in Code Section 414(c) that includes the Employer.

  • Term Employee means an employee hired for a specific term of employment. The term of employment may be based on a specific period of time or the completion of a specific job or until the occurrence of a specified event.

  • Designated Employer Representative (DER) means a designated school district representative authorized to take immediate action to remove employees from safety-sensitive duties, to make required decisions in the testing and evaluation process, and to receive test results and other communications for the school district.

  • disabled person means an individual receiving monetary

  • Active Account means an individual investment account in the Plans with a balance greater than $0.00.

  • Inactive status means the status of a practitioner licensed or registered pursuant to Iowa Code chapter 153 who is not currently engaged in the practice of dentistry, dental hygiene, or dental assisting in the state of Iowa and who has paid the required renewal fee but who has not met the requirements for continuing education.

  • Independent candidate means any candidate who claims not to be affiliated with a political party, and whose name has been certified on the office-type ballot at a general or special election through the filing of a statement of candidacy and nominating petition, as prescribed in section 3513.257 of the Revised Code.

  • Terminated Participant means a person who has been a Participant, but whose employment has been terminated other than by death, Total and Permanent Disability or retirement.

  • Small employer carrier means any carrier that offers health benefit plans covering eligible employees of one or more small employers in this state.

  • Eligible employer means an employer that:

  • Affiliated Employer means any corporation which is a member of a controlled group of corporations (as defined in Code Section 414(b)) which includes the Employer; any trade or business (whether or not incorporated) which is under common control (as defined in Code Section 414(c)) with the Employer; any organization (whether or not incorporated) which is a member of an affiliated service group (as defined in Code Section 414(m)) which includes the Employer; and any other entity required to be aggregated with the Employer pursuant to Regulations under Code Section 414(o).

  • Exposed conductive part means the conductive part which can be touched under the provisions of the protection degree IPXXB and which is not normally energized, but which can become electrically energized under isolation failure conditions. This includes parts under a cover that can be removed without using tools.

  • Covered position means a position in which the employee must be a member of the retirement

  • Developmentally disabled person means a person who has a disability defined in RCW 71A.10.020. RCW 26.44.020

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.