Purchasing Owner definition

Purchasing Owner has the meaning given in item 3(c) of schedule 4.
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Purchasing Owner has the meaning ascribed thereto in Section 16.02(a).
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Purchasing Owner has the meaning ascribed thereto in Section 6(a).
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Examples of Purchasing Owner in a sentence

  • Insert name of Substantial Owner/Majority Owner/Ore Purchasing Owner] is a [Substantial Owner/Majority Owner/Ore Purchasing Owner] pursuant to clause 10 of the Joint Venture Agreement and, in accordance with clause [6.2(c)/6.2(f)], that Owner has nominated the Buyer to enter into this Ore Sales Agreement.

  • All Additional Coverage and all proceeds with respect thereto shall solely be for the benefit of the Purchasing Owner and its Mortgagees and in the event that the Trustee shall receive proceeds relating to any Additional Coverage, such amount shall be promptly paid over as the Purchasing Owner's Mortgagee shall direct or (if there is no such Mortgagee) as the Purchasing Owner shall direct.

  • Upon receipt of any such notice from a Purchasing Owner, each other Owner shall promptly send Purchasing Owner a written acknowledgement and confirmation that the applicable insurance coverage is Additional Coverage of such Purchasing Owner.

  • Notwithstanding the foregoing, to the extent the proceeds payable under any Additional Coverage are in excess of the loss suffered by the Purchasing Owner, such excess proceeds shall (after payment to Purchasing Owner or its Mortgagees of proceeds equal to the amount of the loss) be equitably allocated to the other Owners in accordance with the respective losses suffered by each.

  • All reasonable out-of-pocket costs and expenses incurred by a non-Purchasing Owner pursuant to this paragraph 15(b) shall be paid for by the Purchasing Owner.

  • The other Owners shall cooperate in good faith (all reasonable out of pocket costs of which cooperation shall be reimbursed by the Purchasing Owner) with the efforts by a Purchasing Owner to purchase Additional Coverage, such cooperation to include, without limitation, increasing (at the Purchasing Owner’s sole cost and expense) the coverage limit on any insurance required to be maintained under the preceding provisions of this Article 10.

  • Xxxx Tel: (000) 000-0000 Fax: (000) 000-0000 If to any Purchasing Owner: c/o Porterhouse Offshore, LP 0000 Xxxx Xxxx Xxxxx, Xxxxx 0000 Xxxxxxx, Xxxxx 00000 Attn: Xxxxxxxx X.

  • If the Purchasing Owner wishes to exercise the Purchase Option, it shall do so by delivering notice in writing to that effect to the Selling Owner's Principal's rightful attorney, executor or trustee within sixty (60) days following the date of death of the Principal of the Selling Owner (the "Purchase Notice").

  • Selling Owner hereby transfers and assigns the Election Agreement to Purchasing Owner who agrees to perform the obligations under the Election Agreement for the remainder of its term the same as if Purchaser Owner had signed the same.

  • Any Purchasing Owner that acquires Additional Coverage shall give each other Owner written notice of such fact, which notice shall designate specified insurance policies or portions thereof as Additional Coverage and shall be accompanied by a copy of a certificate of insurance evidencing such policy.

Related to Purchasing Owner

  • Purchasing Member has the meaning set forth in Section 9.2(c).

  • Existing Owner means a Person who is the beneficial owner of Notes; provided, however, that for purposes of conducting an Auction, the Auction Agent may consider a Broker-Dealer acting on behalf of its customer as an Existing Owner.

  • Purchasing Agent means the head of the City’s Purchasing Division, or a designated contact person acting for him or at his direction.

  • Purchasing Entity means a state (as well as the District of Columbia and US territories), city, county, district, other political subdivision of a State, or a nonprofit organization under the laws of some states if authorized by a Participating Addendum, that issues a Purchase Order against the Master Agreement and becomes financially committed to the purchase.

  • Purchasing Manager means the person duly authorized to enter into and administer Contracts and make written determinations with respect to the Contract or his or her designee.

  • Purchasing Party means a Party requesting or receiving a Service from the other Party under this Agreement.

  • Managing Owner as used in this Section 4.7 shall include, in addition to the Managing Owner, any other Covered Person performing services on behalf of the Trust and acting within the scope of the Managing Owner’s authority as set forth in this Trust Agreement.

  • State Purchasing Agent means the Director of the Purchasing Division of the General Services Department.

  • Authorized Purchaser means an individual authorized by a Participating Entity to place orders against this contract.

  • Building Owner means the owner of record of a building. In the case of a building held in cooperative or condominium form of ownership, the term “Building Owner” shall refer to the board of managers, board of directors, homeowners association, or other representative body of the jointly-owned building with authority to make decisions about building assessments and alterations.

  • Qualifying Owners means GIP and its Subsidiaries.

  • Dynamic Purchasing System means a completely electronic process, which has a limited duration, for making commonly used purchases, as more particularly defined and described in the Public Contract Regulations 2015.

  • Purchasing CLO shall have the meaning set forth in Section 16.3(d) hereof.

  • Controlling ownership interested means ownership of or entitlement to more than twenty five percent of shares or capital or profits of the Company;

  • Tendering Partner shall have the meaning set forth in Section 8.6.A.

  • Qualified Purchaser has the meaning assigned to such term in Section 12.06(e).

  • Controlling ownership interest means ownership of or entitlement to more than twenty-five percent of shares or capital or profits of the company;

  • Purchasing agency means any governmental body other than the chief procurement officers authorized by this code or by way of delegation from the chief procurement officers to enter into contracts.

  • Authorized Participant means a Person that, at the time of submitting a Purchase Order or a Redemption Order (i) is a registered broker-dealer, (ii) is a DTC Participant or an Indirect Participant and (iii) has in effect a valid Authorized Participant Agreement.

  • Selling Member has the meaning set forth in Section 10.5(a).

  • Disposing Member is defined in Section 4.1.

  • Redeeming Partner has the meaning set forth in Section 8.6.A.

  • Approved purchasing system means a Contractor’s purchasing system that has been reviewed and approved in accordance with Part 44 of the Federal Acquisition Regulation (FAR)

  • Authorized Partner has the meaning set forth in Section 22.

  • Offeree means an individual to whom the Committee has offered the right to acquire Shares under the Plan (other than upon exercise of an Option).

  • Purchaser means the organization purchasing the goods.