Refusing Party definition

Refusing Party shall have the meaning set forth in Section 16.1(e).
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Refusing Party has the meaning set forth in Section 11.6.
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Refusing Party has the meaning specified in Section 7.3(4).
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Examples of Refusing Party in a sentence

  • If one party ("Refusing Party") refuses to simultaneously submit such estimate to the other party ("Other") within such 10-day period, then the Other may notify the Refusing Party of the Other's willingness to make such simultaneous submittal.

  • If the Refusing Party fails to make such simultaneous submittal within five (5) business days thereafter, the other party's good faith estimate of Fair Market Rental Value shall be Fair Market Rental Value.

  • Either party, upon receipt of tender from any indemnitee hereunder (the “Tendering Indemnitee”), may refuse to provide indemnity or defense hereunder (the “Refusing Party”), if the Refusing Party, in reliance upon an opinion of qualified counsel, has determined that a valid basis exists for determining that the claim, for which indemnity or defense is sought, is not required to be indemnified or defended pursuant to the terms of this Agreement.

  • Such portion shall be pro rata to percentages of Transaction Shares to be sold by each such Seller that refused to proceed with the Closing, excluding the ownership percentage of any Seller that is not a Refusing Party.

  • In the event that the Refusing Party is one or more of the Sellers, then each Seller (who is a Refusing Party) shall be severally responsible for a portion of the break up penalty such that the aggregate break up penalty payable by such Sellers shall be equal to seven million Reais (R$7,000,000.00).

  • Prezzano elected to defer $37,500 and $75,000, respectively, into a stock account and as a result an aggregate of 1,053 and 2,107 stock units, respectively, were credited to them under our Deferred Compensation Plan for Non-Employee Directors.

  • However, if the Tendering Indemnitee shall be required by a final judgment to pay any amount in respect of any obligation or liability against which it has been determined by final judgment that the Refusing Party is required to indemnify or defend under this Agreement, the Refusing Party shall promptly reimburse the Tendering Indemnitee in an amount equal to the amount of such payment.

  • If the parties are unable to agree upon a mediator within five (5) days after the Offer is received by the Refusing Party, the dispute shall be mediated by the Judicial Arbitration & Mediation Service, 2 Embarcadero Center, San Francisco, California ("JAMS").

  • However, if the Tendering Indemnitee shall be required by a final judgment to pay any amount in respect of any obligation or liability against which it has been determined by final judgment that the Refusing Party is required to indemnify or defend under this Agreement, the Refusing Party shall promptly reimburse the Tendering Indemnitee in an amount equal to the amount of such payment, according to proof.

  • Authorized Union representatives or Union officers or stewards shall have access to and be admitted to non-public areas of Employer worksites during working hours subject to reasonable security requirements including advance notice to the appropriate management representative.


More Definitions of Refusing Party

Refusing Party shall have the meaning set forth in Section 2.1.2.2.3.
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Related to Refusing Party

  • Opposing Party means the third party that owes Borrower the Miscellaneous Proceeds or the party against whom Xxxxxxxx has a right of action in regard to the Miscellaneous Proceeds.

  • Notifying Party As defined in Section 3.01(i).

  • Settling Party means any one of, and “Settling Parties” means all of, the parties to the Stipulation, namely Defendants and Plaintiffs (on behalf of themselves and the Settlement Class).

  • Qualifying Party means (a) a Limited Partner, (b) an Assignee or (c) a Person, including a lending institution as the pledgee of a Pledge, who is the transferee of a Limited Partner Interest in a Permitted Transfer; provided, however, that a Qualifying Party shall not include the General Partner.

  • Relying Party means an individual or entity that acts in reliance on a Certificate or digital signature associated with a Certificate.

  • Terminating Party As defined in Section 7.1(f).

  • Defending Party has the meaning set forth in Section 14.2.3.

  • Releasing Party has the meaning set forth in Section 7.9.

  • FOIA Party means a Person that, in the reasonable determination of the Board of Directors, may be subject to, and thereby required to disclose non-public information furnished by or relating to the Company under, the Freedom of Information Act, 5 U.S.C. 552 (“FOIA”), any state public records access law, any state or other jurisdiction’s laws similar in intent or effect to FOIA, or any other similar statutory or regulatory requirement.

  • injured party means any person entitled to claim compensation in respect of any loss or injury caused by a vehicle;

  • Filing Party has the meaning set forth in Section 6.12(b).

  • Performing Party As defined in Section 11.12.

  • Terminated Party As defined in Section 7.01(c) of this Agreement.

  • Controlling Party Has the meaning specified in the Intercreditor Agreement.

  • Respondent Party has the meaning set forth in Section 7.6(b).

  • Initiating Party means a party who gives notice under section 2 of this Schedule;

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

  • Potential Holder means any Broker-Dealer or any such other Person as may be permitted by the Trust, including any Existing Holder, who may be interested in acquiring APS (or, in the case of an Existing Holder, additional APS).

  • Second Party means [insert name of supplier].

  • Indemnitor has the meaning set forth in Section 12.3.

  • Liable Party shall have the meaning set forth in Section 2.9(b).

  • Indemnifying Party Information [(A)] All information in the Prospectus Supplement, the Offering Circular or any Free Writing Prospectus or any amendment or supplement thereto (i) contained under the headings "Summary--Relevant Parties--Responsible Party [and Servicer,"] "The Mortgage Loan Pool--Underwriting Guidelines" [and "The Servicer"] and (ii) regarding the Mortgage Loans, the related mortgagors and/or the related Mortgaged Properties (but in the case of this clause (ii), only to the extent any untrue statement or omission arose from or is based upon errors or omissions in the information concerning the Mortgage Loans, the related mortgagors and/or the related Mortgaged Properties, as applicable, provided to the Depositor or any affiliate by or on behalf of the Indemnifying Party) [and (B) static pool information regarding mortgage loans originated or acquired by the Seller [and included in the Prospectus Supplement, the Offering Circular, the ABS Informational and Computational Materials or the Free Writing Prospectus or any amendment or supplement thereto][incorporated by reference from the website located at ___________]].

  • Responding Party shall have the meaning set forth in Section 12.2 hereof.

  • complaining Party means any Party that requests the establishment of an arbitration panel under Article 3.5 (Initiation of the Arbitration Procedure);

  • Third Party Claim has the meaning set forth in Section 9.5(a).

  • Acquiring Party means the person acquiring control of a bank through the purchase of stock;

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Most Referenced Definitions