Receiving Party means a Party receiving confidential or proprietary information from the Disclosing Party.
Independent Third Party means any Person who, immediately prior to a contemplated transaction, does not own in excess of 5% of the Company’s Common Units on a fully-diluted basis (a “5% Owner”), who is not controlling, controlled by or under common control with any such 5% Owner and who is not the spouse or descendant (by birth or adoption) of any such 5% Owner or a trust for the benefit of such 5% Owner and/or such other Persons.
Responding Party shall have the meaning set forth in Section 12.2 hereof.
Disclosing Party means the Party disclosing Confidential Information to the Receiving Party.
Responsive Proposal means a Proposal that complies with the material provisions of this RFP.