Primary Party definition

Primary Party the Counterparty, unless a Substitute Swap Provider has been obtained, in which case it shall be the Substitute Swap Provider or, if applicable, a guarantor thereof.
View Source
Primary Party means (i) each of the Main Sellers, on the one hand, and (ii) the Purchaser, on the other hand.
View Source
Primary Party denotes the Party that bills the FX customer for the FX service when, by mutual agreement of the Parties, only one of the Parties bills the FX customer for the facilities provided by both Parties.
View Source

Examples of Primary Party in a sentence

  • Any of the Primary Parties may terminate this Agreement in the event the Agent is in material breach of the representations and warranties or covenants contained in Section 5 and such breach has not been cured within a reasonable time period after the Primary Party has provided the Agent with notice of such breach.

  • In this case, the Primary Party will compensate the Secondary Party for the portion of the FX Service that the Secondary Party provides based on the Secondary Party’s applicable tariffed rates for the facilities that the Secondary Party provides.

  • If the Secondary Party does not have tariff rates applicable for the facilities that it has provided for its portion of the FX Service, the Primary Party will reimburse the Secondary Party based on rates negotiated between the Parties.

  • Any of the Primary Parties may terminate this Agreement in the event (i) the Agent is in material breach of the representations and warranties or covenants contained in Section 5 and such breach has not been cured within a reasonable time period after the Primary Party has provided the Agent with notice of such breach and (ii) the Primary Parties terminate the Plan.

  • Any certificate signed by an officer of any Primary Party and delivered to the Agent or to counsel for the Agent shall be deemed a representation and warranty by such Primary Party to the Agent as to the statements made therein.


More Definitions of Primary Party

Primary Party has the meaning set forth in Section 9.06(e).
View Source
Primary Party has the meaning specified in Section 2.4 of this Agreement.
View Source
Primary Party means Licensee or ▇▇▇.▇▇▇ only and "Primary Parties" means Licensee and ▇▇▇.▇▇▇ only.
View Source
Primary Party has the meaning set forth in the preamble.
View Source
Primary Party has the meaning in Section 6.2(a).
View Source
Primary Party means, with respect to each Party, the Party for whom it and its Representatives provides Dealer services hereunder.
View Source
Primary Party means any persons executing the work (i.e. Contractor, UA Facilities Administration Shop Manager [“UAFA”] or UA’s Project Manager/Supervisor, etc.
View Source