Examples of Nominated Third Party in a sentence
The Authority shall have the right at any time to inspect all installations of the Equipment and seek its removal at the Supplier’s cost in the event it is affecting the ordinary purpose and operation of the Asset, only where the Equipment is not complying with the Permitted Use and further only after the Supplier (or its Nominated Third Party as the case may be) has been given reasonable opportunity to resolve any issues identified by such inspection, at the Supplier’s cost.
If a quotation is obtained from the Nominated Third Party, the Supplier shall use all reasonable endeavours to achieve the quoted price.
Title to and property in the Equipment shall remain vested in the Supplier (or a Nominated Third Party, as the case may be) at all times.
The Supplier shall be required to enter into a Third Party Transaction if the Nominated Third Party is an Authorised Trading Counterparty.
In relation to a proposed Third Party Transaction the Supplier shall have the option to match the prices offered by the Nominated Third Party.
For this reason, the wording of clause 2.9 ensures that if the Nominated Third Party places the Supplier in breach of the terms of this Agreement, the Supplier has a remedy again the Nominated Third Party.
The legal description of said real estate is attached hereto as Exhibit "A" (the "Real Estate").
Any Third Party Transaction requested by the Authority will be entered into by the Trading Party (acting on behalf of the Supplier) and the Nominated Third Party.
If the Supplier (or the Nominated Third Party as the case may be) needs to install a Fixed Connection to an Asset it will obtain all Necessary Consents to undertake the Works, and it will undertake any restoration works, at its own cost, that may be required.
In the case where an Asset hosts deployed Equipment, then the Authority shall not interfere with (i) the use of such Asset or (ii) the operation of the Equipment for the Permitted Use, of or by the Supplier (or the Nominated Third Party, as the case may be), except where the Equipment is affecting the normal operation of the Assets or the Authority is carrying our preventative or reactive maintenance, which shall be notified to the Supplier where possible..