Examples of Leading Party in a sentence
Such collaboration shall include leveraging the technology and experience of each Channel Partner (including prior transactional and other relationship experience that a Channel Partner may have with the given customer), supporting the Leading Party in presenting comprehensive solutions to the customer, and coordinating all aspects of the development and details (financial, operational and otherwise) associated with each Sales Opportunity.
Except to the extent provided in the applicable Channel Policy hereto, the Leading Party shall be responsible for the preparation and the content of all budgetary and firm proposals and/or bids in respect of a Sales Opportunity issued by it.
The SKA Element N2 diagram, based on the WBS [RD1], is shown below, showing where interfaces are deemed to exist and nominating the Leading Party in each case.
The other Party shall cooperate with the Leading Party in any such suit brought by the Leading Party and shall have the right to consult with the Leading Party and participate in and be represented by independent counsel in such litigation at its own expense.
Any Participant interested in applying to obtain and maintain such protection shall inform accordingly the other Participants through the Leading Party in writing within one (1) month of receipt of the relevant notice.
This party is termed the Leading Party of the interface (LP), and the counter party is termed the Following Party (FP).
The Leading Party shall not have the right to settle any patent infringement litigation under this section in a manner that diminishes the rights or interests of the non-Leading Party without the prior written consent of the non-Leading Party, such consent not to be unreasonably withheld or delayed.
In all other situations, Alphatec shall have the first option to be the Leading Party.
If a non-Leading Party elects not to be represented by an independent counsel, the Leading Party shall bear all of non-Leading Party’s litigation expenses (including legal fees and costs).
The Leading Party shall collect the signed signature pages and have an obligation to send a full copy of this Consortium Agreement together with the signature page of all the Participants to each Participant within thirty (30) days of receipt of the last signed signature page.