Intervening Party has the meaning set forth in Section 27.17(a).
Intervening Party means all entities of the First party which will intervene to the present contract, also called the Guarantor, to guarantee (“Sovereign Guarantees”) the monthly invoices, monthly provisional invoices corresponding to the purchase of electricity by the Buyer, all additional invoices for any reason as long as related to the terms of this contract, as well as “ALL” of the obligations of the First Party, in reference to these presences The guarantee in question is considered to be effective during all the duration of validity of the contract.
Examples of Intervening Party in a sentence
In such event, the Defaulting Party shall reimburse the Intervening Party for all costs and expenditures incurred in protecting the Territory from the Third Party.
If that Party (the "Defaulting Party") fails to take such action in such country, then another Party (the "Intervening Party") may undertake action to stop the Third Party.
Such amounts may be deducted by Intervening Party from the payments it must make pursuant to this Agreement, if applicable.
The parties to the arbitration proceedings referred to in the Notification shall do all things possible to assist the Intervening Party in being joined as a party to those arbitration proceedings (which shall include applying for an extension of the deadline for the filing of documents to enable the Intervening Party to file documents).
Since this Agreement reflects the exercise of the tag-along right pursuant to the Shareholders Agreement, Buyer and Intervening Party agree, in case of any change in the Families Sales Agreement, only to do so if the same changes are offered in writing previously to Sellers and if Sellers agree therewith in writing.
More Definitions of Intervening Party
Intervening Party means a person who has an interest in the appeal and has been granted leave by the Chairperson of the Appeal Board or the Deputy Chairperson to become a party to the proceedings;
Intervening Party. Gouvernorat de l’Île Autonome de la Grande Comore, a Statutory Body constituted under Comorian Law, (hereinafter referred to as “MCMUC”, which expression shall, unless repugnant to the context or meaning thereof, mean and include its successors and assigns) and having its office at Route dx Xxxxxx-Itsandra, Moroni, Autonomous Island of Grande Comore, Union of the Comoros, duly represented by the Governor, The Honourable Mx. XXXXXXX Hamadi, by virtue of resolution ad hoc; Commissariat à l’Environnement, à l’Urbanisme, au Développement Durable et à l’Énergie, à l’Emploi, à l’Entreprenariat et à la Solidarité, a Statutory Body constituted under Comorian Law, (which expression shall, unless repugnant to the context or meaning thereof, mean and include its successors and assigns) and having its office at Route dx Xxxxxx- Itsandra, Moroni, Autonomous Island of Grande Comore, Union of the Comoros, duly represented by the Commissioner, Mr. Mxxxxxx Xxxxx MLANAO, by virtue of resolution ad hoc; Initials: __________ Initials: __________ Strictly Confidential Property of BioCrude Technologies, Inc. Commissariat à la Sécurité intérieure, à la Fonction Publique, à l’Administration des Collectivités Territoriales Décentralisées, à la Réforme Administrative, chargé de l’Information, a Statutory Body constituted under Comorian Law, (which expression shall, unless repugnant to the context or meaning thereof, mean and include its successors and assigns) and having its office at Route dx Xxxxxx- Itsandra, Moroni, Autonomous Island of Grande Comore, Union of the Comoros, duly represented by the Commissioner, Ms. Maissara Adam MONDOHA, by virtue of resolution ad hoc; Commissariat aux Finances, au Budget, à l’Economie, au Commerce Intérieur, à l’Industrie, au Plan, chargé de la promotion des Investissments, a Statutory Body constituted under Comorian Law, (which expression shall, unless repugnant to the context or meaning thereof, mean and include its successors and assigns) and having its office at Route dx Xxxxxx- Itsandra, Moroni, Autonomous Island of Grande Comore, Union of the Comoros, duly represented by the Commissioner, Mr. Said Ahamada YOUSSOUF, by virtue of resolution ad hoc; Hereinafter called the “Intervenant” and/or “Guarantor”.
Intervening Party shall have the meaning set forth in (a).
Intervening Party. Principals declared that: (1) on the date hereof, they signed with certain creditors, hereinafter referred to jointly as "Creditors", represented by [ ], as collateral agent, hereinafter referred to as "Collateral Agent", a private instrument named "Quota Pledge Agreement with an Amicable Sale Clause and Other Covenants", hereinafter referred to as "Pledge Agreement"; (2) pursuant to article 684 of the Civil Code and exclusively for the purposes of the Pledge Agreement, Principals grant to the Collateral Agent specific and restricted powers to, on behalf of the Creditors, represent Principals before any and all Registries of Deeds and Documents and Commercial Registries financial institutions depositaries of book quotas, as well as sign any and all documents, perform any and all acts specifically and exclusively required for the registrations prescribed by law and for the Pledge Agreement to be valid; (3) since this public power of attorney is granted in the interest of Creditors and as a condition precedent for the business established in the Pledge Agreement and in the agreements related thereto, it is IRREVOCABLE; (4) this public power of attorney, as a rule, shall be used before the Intervening Party and third parties for the Collateral Agent to perform the registration acts indicated above on behalf of Principals, whereupon Principals shall not be required to directly perform any acts other than the granting of this public power of attorney; (5) the powers granted to the Collateral Agent hereunder shall only be extinguished upon expiration and termination of the Pledge Agreement. The Intervening Party takes cognizance of the declarations and the public power of attorney issued by Principals and declares that, in general, it shall not hinder the performance of any acts by the Collateral Agent, on behalf of Principals under the terms hereof. In the event of substitution of the Collateral Agent, the latter is hereby authorized to delegate such powers to the institution that becomes the new Collateral Agent. After read by all, Principals and Intervening Party sign this irrevocable public power of attorney. SCHEDULE 8 TO THE QUOTA PLEDGE AGREEMENT WITH AN AMICABLE SALE CLAUSE AND OTHER COVENANTS LIST OF ACTIONS, PROCEDURES, LIENS, ENCUMBRANCES AND RESTRICTIONS JUDICIAL PROCEEDINGS
Intervening Party. Principals declared that: (1) on the date hereof, they signed with certain creditors, hereinafter referred to jointly as “Creditors”, represented by [ ], as collateral agent, hereinafter referred to as “Collateral Agent”, a private instrument named “Share Pledge Agreement with an Amicable Sale Clause and Other Covenants”, hereinafter referred to as “Pledge Agreement”; (2) pursuant to article 684 of the Civil Code and exclusively for the purposes of the Pledge Agreement, Principals grant to the Collateral Agent specific and restricted powers to, on behalf of the Creditors, represent Principals before any and all Registries of Deeds and Documents and financial institutions depositaries of book shares, as well as sign any and all documents, perform any and all acts specifically and exclusively required for the registrations prescribed by law and for the Pledge Agreement to be valid; (3) since this public power of attorney is granted, in the case of Jonquil Ventures Limited and Dabny, L.L.C., by the way of security in regard to Jonquil Ventures Limited and Dabny, L.L.C., and in the interest of Creditors and as a condition precedent for the business established in the Pledge Agreement and in the agreements related thereto, it is IRREVOCABLE; (4) this public power of attorney, as a rule, shall be used before
Intervening Party shall have the meaning ascribed to it in the Preamble.
Intervening Party. Principals declared that: (1) on the date hereof, they signed with certain creditors, hereinafter referred to jointly as “Creditors”, represented by [ ], as collateral agent, hereinafter referred to as “Collateral Agent”, a private instrument named “Quota Pledge Agreement with an Amicable Sale Clause and Other Covenants”, hereinafter referred to as “Pledge Agreement”; (2) pursuant to article 684 of the Civil Code and exclusively for the purposes of the Pledge Agreement, Principals grant to the Collateral Agent specific and restricted powers to, on behalf of the Creditors, represent Principals before any and all Registries of Deeds and Documents and Commercial Registries financial institutions depositaries of book quotas, as well as sign any and all documents, perform any and all acts specifically and exclusively required for the registrations prescribed by law and for the Pledge Agreement to be valid; (3) since this public power of attorney is granted in the interest of Creditors and as a condition precedent for the business established in the Pledge Agreement and in the agreements related thereto, it is IRREVOCABLE; (4) this public power of attorney, as a rule, shall be used before the Intervening Party and third parties for