Remitting Party definition

Remitting Party has the meaning specified in Section 8.4(a).
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Remitting Party has the meaning ascribed to such term in Section 5.17(b). “Responsible Party” has the meaning ascribed to such term in Section 5.17(b). “Ruling Transaction” has the meaning ascribed to such term in Section 3.01(a). “Section 355(e) Event” has the meaning ascribed to such term in Section 3.01(b). “Separation” has the meaning ascribed to such term in the first WHEREAS clause hereof.
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Remitting Party has the meaning ascribed to such term in Section 5.19(b).
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Examples of Remitting Party in a sentence

  • If a Party is responsible for any Tax under Section 2.01 (the “Responsible Party”) and such Tax must be remitted by the other Party (the “Remitting Party”), the Remitting Party shall send the Responsible Party an invoice requesting payment accompanied by a statement describing in reasonable detail the amount owed and the particulars relating thereto.

  • Unless a provision in this Agreement specifically provides a different time for payment, the Responsible Party shall pay to the Remitting Party any payment it owes to the Remitting Party under this Agreement no later than thirty (30) days before the Remitting Party must remit the Tax to the appropriate Tax Authority.

  • Where a determination with respect to a Disputed Item is less than 50% of the amount claimed to be due from the Remitting Party, the Independent Third Party may, in its discretion, allocate to the Recipient more than 50% of the costs and expenses associated with such determination.

  • In making a Determination, the Independent Third Party shall be entitled to use, at the sole cost and expense of the Remitting Party and the Recipient, whatever resources it deems necessary, including accounting and technical services provided by firms chosen by it in its discretion.

  • Where a determination with respect to a Disputed Item is not less than 80% of the amount claimed to be due from the Remitting Party, the Independent Third Party may, in its discretion, allocate to the Remitting Party more than 50% of the costs and expenses associated with such determination.

  • The Remitting Party and the Recipient shall provide the Independent Third Party with such information or documentation as the Independent Third Party, in its discretion, deems to be necessary for it to make the Determination requested of it.

  • The Remitting Party and the Recipient shall be jointly and severally liable to the Independent Third Party for all costs and expenses associated with retaining the Independent Third Party.

  • The Independent Third Party shall have 90 days from the date that it is selected in which to make such Determinations, unless the Remitting Party and the Recipient mutually agree upon an extension of such period or the Independent Third Party, in its discretion, determines that an extension of such period is warranted by exceptional circumstances.

  • During the 60 day period immediately following delivery of an Initial Notice of Disagreement that satisfies the requirements of Section 6.2(b)(ii), the Remitting Party and the Recipient shall in good faith attempt to resolve their disagreements over each Disputed Item enumerated in the Initial Notice of Disagreement.

  • If the Remitting Party delivers a Final Notice of Disagreement that satisfies the requirements of Section 6.2(d)(i) to the Recipient, the parties shall, within 10 days after such delivery, jointly select an Independent Third Party to make a Determination with respect to each Disputed Item enumerated in the Final Notice of Disagreement.


More Definitions of Remitting Party

Remitting Party has the meaning set forth in Section 2.02.
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Remitting Party shall have the meaning ascribed to such term in Section 10(b)(ii).
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Related to Remitting Party

  • Billing Party means the Party rendering a bill.

  • Paying Party shall have the meaning set forth in Section 5.7.

  • Supplying Party shall have the meaning stated in Section 35.8.2.

  • Performing Party As defined in Section 11.12.

  • Disputing Party has the meaning specified in Paragraph 5.

  • Auditing Party means the Party conducting an audit of the Audited Party’s books, records, data and other documents.

  • Instructing Party shall have the meaning assigned to such term in Section 6.3(a).

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

  • Participating Party means an enterprise or public body that has committed itself to reaching certain objectives under a voluntary agreement, or is covered by a national regulatory policy instrument;

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

  • Prosecuting Party has the meaning set forth in Section 6.2(c).

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

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

  • 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).

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

  • Reporting Party means any person who alleges that a student has violated this Code.

  • Designating Party has the meaning set forth in Section 12.22.3.

  • Selling Party has the meaning set forth in the definition of “Net Sales.”

  • Non-Paying Party is the Party that has not made payment by the Bill Due Date of all amounts within the bill rendered by the Billing Party.

  • Producing Party means the parties to this action and any third-parties producing “Confidential Information” in connection with depositions, document production or otherwise, or the party asserting the confidentiality privilege, as the case may be.

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

  • Requesting Party means the Party to this Agreement submitting a request for or having received information from the requested Party;

  • Tax Indemnified Party shall have the meaning set forth in Section 7.6(d).

  • Enforcing Party In connection with any Repurchase Request, (i) in the event one or more Requesting Certificateholders or Consultation Requesting Certificateholders has delivered a Final Dispute Resolution Election Notice with respect thereto pursuant to Section 2.03(g) of this Agreement, with respect to the mediation or arbitration that arises out of such Final Dispute Resolution Election Notice, such Requesting Certificateholder(s) and/or Consultation Requesting Certificateholder(s), or (ii) in all other cases, the Enforcing Servicer.

  • Providing Party has the meaning set forth in Section 11.

  • Other Party means (a) when used with respect to the Company, Parent and Merger Sub and (b) when used with respect to Parent or Merger Sub, the Company.