Increasing Party definition

Increasing Party has the meaning specified in Section 10.20.
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Increasing Party shall have the meaning set forth in section 9.6.
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Examples of Increasing Party in a sentence

  • EAP must issue to the Increasing Party that number of Shares which is equivalent to the additional contribution made by the Increasing Party in excess of its Equity Proportion, with the intent that the Equity Proportion of a Shareholder is at all times as near as possible equivalent to that proportion (expressed as a percentage) which the total amount of share capital provided by that Shareholder to EAP bears to the total amount of share capital provided by all Shareholders.

  • The Reducing Party and EAP must sign and execute all documents and do all things as may be reasonably requested by the Increasing Party to issue Shares to the Increasing Party in accordance with this Article 9.

  • If after ten days from the receipt of the Notice the Reducing Shareholder has still failed to contribute the amount specified in the Notice, the Non-Reducing Shareholder may, but is not required to, elect to contribute an amount not exceeding the amount specified in the Notice, by written notice to EAP within 30 days of the Notice, in which case the Equity Proportion of that Shareholder ("Increasing Party") will be increased in accordance with this Article 9.

Related to Increasing Party

  • Increasing Bank has the meaning specified in Section 2.6(a).

  • Increasing Lender has the meaning specified in Section 2.18(b).

  • Increasing Lenders is defined in Section 2.14.

  • Consenting Party means a Party who agrees to participate in and pay its share of the cost of an Exclusive Operation.

  • Purchasing Party means a Party requesting or receiving a Service from the other Party under this Agreement.

  • Releasing Party has the meaning set forth in Section 12.2.

  • Incremental Commitment shall have the meaning set forth in Section 2.23.

  • Consenting working interest owner means any working interest owner who enters into an agreement with SWN pertaining to the operation of the Posey B Unit.

  • Existing Commitment shall have the meaning provided in Section 2.17.

  • Additional Commitment means any commitment hereunder added pursuant to Sections 2.22, 2.23 or 9.02(c).

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in the form of Exhibit R (appropriately completed) executed and delivered in accordance with Section 2.14.

  • Initial Commitment means, as to the Lender, its obligation to make an Initial Loan to the Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite the Lender’s name in Schedule 1.01A under the caption “Initial Commitment”, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.14). The initial aggregate amount of the Initial Commitments is $75,000,000.

  • Affected Parties means independent firms described in Article 2 that create a multiple employer workplace;

  • Non-consenting working interest owner means a working interest owner who does not enter into an agreement with Ascent pertaining to the operation of the Pointer N CRC JF Unit. At the time of this order, there are no non-consenting working interest owners identified by Ascent.

  • Settling Party means any one of, and “Settling Parties” means all of, the parties to the Stipulation, namely Defendants and Plaintiffs (on behalf of themselves and the Settlement Class).

  • Commitment Increase Agreement has the meaning assigned to such term in Section 2.20.

  • Incremental Lender means an Incremental Revolving Lender or an Incremental Term Lender.

  • Secured Party Designation Notice means a notice from any Lender or an Affiliate of a Lender substantially in the form of Exhibit H.

  • Other Parent means an individual who, in common with a deploying parent, is:

  • Commitment Increase has the meaning specified in Section 2.18(a).

  • Additional Party means any employee, worker, agent or sub-contractor of the Company, or anyone entitled to an indemnity, reimbursement or contribution from the Company in respect of a claim by an Interested Party.

  • Financing Party means any and all Persons, or the agents or trustees representing them, providing senior or subordinated debt or tax equity financing or refinancing (including letters of credit, bank guaranties or other credit support).

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Commitment Parties means the “Commitment Parties” as defined in the Commitment Letter.

  • Settling Parties means the Defendants and the Class Representatives, on behalf of themselves, the Plan, and each of the Class Members.

  • Incremental Term Lender means a Lender with an Incremental Term Loan Commitment or an outstanding Incremental Term Loan.