Second Party definition

Second Party means [insert name of supplier].

Second Party. The General Trade Union of workers in the food industries. Represented By:

Second Party means the person, firm or company submitting a tender against the Invitation to Tender and includes his/ its/ their staff, consultants, parent and associate and subsidiary companies, agents, consortium and joint venture partners, sub-contractors, suppliers, sellers, buyers, customers etc, including heirs, executors, administrators, representatives, successors. And the “Second Party” also means, any party including contractors, tenderers, executors, suppliers, sellers, buyers, customers etc, whose tender has been accepted by the Principal or Company and shall be deemed to include his/ its/ their heirs, executors, administrators, representatives and successors unless excluded by the Contract.

Examples of Second Party in a sentence

• After payment of the amount due under any Murabaha investment deal by the Second Party, the First Party can re-invest the amount as per Terms and Conditions agreed by the two parties in the Murabaha Investment Application according to re-investment options in the investment application in the condition that the amount does not exceed the amounts available in the First Party’s account and with respect to the Terms and Conditions of this agreement.

• The First Party after becoming the owners of Goods purchased, has the right to sell such Goods to the Second Party at the Sale Price agreed by the two parties at the Sale Price and under the Terms and Conditions advised by the First Party in the Murabaha Investment Application.

• If the First Party allows all other accounts held with Second Party to become unclaimed or abandoned, the maturity instruction will be terminated and the funds will be returned to the maturity account upon the expiration of the existing Murabaha agreement.

• The Second Party undertakes to pay on the maturity date all amounts due under this Agreement to the First Party.

• The First Party shall not anticipate payment before the maturity date unless agreed by the Second Party.

More Definitions of Second Party

Second Party has the meaning set forth in Section 7.4(5).

Second Party means SELLER. "Subcontractor" means SELLER's lower tier subcontractor.) DEFCON 660 Official-Sensitive Security Requirements (Edn 12/15)

Second Party shall provide the “First Party” with payroll details in .1 details such as employees’ names, their account numbers clarifying bank codes where accounts are maintained and the net salary entitlements so the “First Party” can transfer the salaries to the employees’ accounts held with the “First Party” and other banks accordingly, and the accuracy of this data is within the “Second Party’s” sole responsibility. .2

Second Party has the meaning given to it in Clause 10.10;

Second Party shall have the meaning set forth in Section 4.3.

Second Party means the Contractor.

Second Party has the meaning set forth in Section 10.3(c).