Examples of Proceeding Party in a sentence
The Opting Out Party shall provide reasonable cooperation to the Proceeding Party, and the Proceeding Party shall reimburse the Opting Out Party its reasonable out-of-pocket expenses.
The Proceeding Party shall assume control of the defense of the potential Losses (including without limitation the right to settle the claim).
If one Party is an Opting Out Party with respect to such Marketed Compound, any trademarks shall be owned by the Proceeding Party.
The Proceeding Party agrees to save, defend and hold the Opting Out Party harmless from and against any and all Losses to the extent that such factual allegations forming the primary basis for such Losses occurred after the Party became an Opting Out Party with respect to that Compound and/or country.
In the event the inspection determines that royalties due Non-proceeding Party for any period have been underpaid by five percent (5%) or more, which underpayment has not since been remedied, then the Proceeding Party and/or its Affiliate, as applicable, shall pay for all costs of the inspection.
The license shall be in all countries of the Territory in which opting out has been deemed to occur, and shall be subject to the royalty set forth in Paragraph 7.1. The Opting Out Party shall comply with reasonable requests for cooperation by the Proceeding Party, and the Proceeding Party shall reimburse the Opting Out Party for reasonable out-of-pocket expenses incurred with respect to such cooperation.
The license shall be in all countries of the Territory in which Opting Out has been deemed to occur, and shall be subject to a royalty as set forth in Section 6.1. The Opting Out Party shall comply with reasonable requests for cooperation by the Proceeding Party, and the Proceeding Party shall reimburse the Opting Out Party for reasonable out-of-pocket expenses incurred with respect to such cooperation.
The license shall be in all countries of the Territory in which Opting Out has been deemed to occur, and shall be subject to the royalty set forth in Section 6.1. The Opting Out Party shall comply with reasonable requests for cooperation by the Proceeding Party, and the Proceeding Party shall reimburse the Opting Out Party for reasonable out-of-pocket expenses incurred with respect to such cooperation.
Notwithstanding anything contained herein to the contrary, the Proceeding Party shall not be obligated to continue any contest if the Participating Party fails to fund on demand any expenses of the contest in an amount equal to its Contest Expense Share and such failure continues for fifteen (15) days after written notice of such demand.
Buyer or Seller, as the case may be (the "PROCEEDING PARTY") shall promptly (in any event, within ten (10) business days) notify the other (the "PARTICIPATING PARTY") if Proceeding Party receives a written or proposed revenue agent's report, a "30-day letter," a notice of a partnership's audit by adjustment or a notice of deficiency from the Internal Revenue Service relating to an Affordable Housing Group Claim.