Noticed Party definition

Noticed Party has the meaning set forth in Section 13.1.

Noticed Party means the Party in receipt of notice that it is in Default. “Person” means and includes any individual, corporation, partnership, association,

Noticed Party has the meaning set forth in Section 5.1.3.1 (Material Communications).

Examples of Noticed Party in a sentence

• If Noticed Party disagrees with Xxxxxxxxx Party’s concern, each Party shall designate a member or members of senior management to discuss the matter and attempt to resolve the dispute.

• In such circumstance, Noticed Party shall bear all costs incurred by both Parties associated with the corrective action.

• Either Party (“Aggrieved Party”) shall have the right to give written notice (via overnight delivery and email confirmation) to the other Party (“Noticed Party”) that Noticed Party is not performing in accordance with Aggrieved Party’s interpretation of the terms and conditions of this Agreement.

• If Noticed Party agrees with Xxxxxxxxx Party’s concern, Noticed Party shall promptly take appropriate action to correct such failure and include in its response a description of the action taken and a good faith estimate of the time necessary to correct the failure.

• Noticed Party shall respond to Xxxxxxxxx Party’s written notice within twenty (20) Days after receipt.

More Definitions of Noticed Party

Noticed Party means the person or entity that is required to be noticed in the underlying abatement or enforcement action in which costs were incurred, but in all cases must include the record owner(s) of the property. A "Noticed Party" must be notified for purposes of cost or penalty recovery in the same manner as they were required to be noticed, either by Code or State law, in the abatement or enforcement action which resulted in the incurring of costs or penalties sought to be recovered under this chapter, and shall include notification by certified mail.

Noticed Party shall have the meaning ascribed in Section 6.2.

Noticed Party has the meaning set forth in Section 10.3(a). Obligations and Liabilities and words of similar import include, without limitation, any direct or indirect indebtedness, guaranty, endorsement, claim, loss, damage, deficiency, cost, expense, obligation or responsibility, fixed or unfixed, known or unknown, asserted or unasserted, xxxxxx or inchoate, liquidated or unliquidated, secured or unsecured.

Noticed Party has the meaning set forth in 16.1.

Noticed Party means the person who has been served with a valid Indemnification Notice.

Noticed Party has the meaning assigned in Section 20.1.

Noticed Party has the meaning set forth in Section 6.01.