Surrendering Party definition

Surrendering Party has the meaning set forth in Section 5.02(a) of this Trust Agreement.
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Surrendering Party means a Party surrendering its rights and interests under this Agreement and/or abandoning and decommissioning its Project.
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Surrendering Party has the meaning set forth in Section 15.15.A hereof.
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Examples of Surrendering Party in a sentence

  • Thereupon, the Surrendering Party shall cease to be the Control Party.

  • The Surrendering Party acknowledges In favour of a third party that a certificate in writing signed by any director or the secretary of the other Party having the limited effect provided for by this power to record the other Party as the proprietor of the Surrendered Joint IP Rights falls within the authority conferred by this Agreement and shall be conclusive evidence that such is the case.

  • No surrender of a Party’s Undivided Interest shall relieve the Surrendering Party of any of its obligations (including but not limited to payment obligations due and payable through the effective date of its surrender of its Undivided Interest) under this Agreement, its Non-Exclusive Easement or any other agreement entered into pursuant to this Agreement, unless expressly provided for in this Agreement, or in a writing among the Parties.

  • If, after receiving notice from a Surrendering Party that it intends to surrender its interests or intends to abandon or decommission its Project, the remaining Project Companies will review the Shared Premises Property Rights to determine whether such surrender, abandonment or decommissioning will cause the termination or expiration of any necessary Shared Premises Property Rights.

  • In the event of a Surrender, the Cash Amount shall be delivered as a certified or bank check payable to the Surrendering Party or, in the Managing Member’s sole and absolute discretion, in immediately available funds on or before the Surrender Date.

  • If either party wishes to surrender the Patents and/or the Foreground IPR (or any of them) that party (the Surrendering Party) shall give to the other party not less than six (6) months’ prior written notice of the Surrendering Party’s wish to do so.

  • If, after receiving notice from a Surrendering Party that it intends to surrender its interests or intends to abandon or decommission its Project, the remaining Project Companies will review the Shared Premises Property Rights to determine whether such surrender, abandonment or decommissioning will cause the termination of expiration of any necessary Shared Premises Property Rights.

  • In addition, the Surrendering Party and its assignee Project Companies shall be responsible for obtaining any FERC approval required for the transfer and all costs associated with obtaining such rights.

  • In addition, the Surrendering Party shall be responsible for obtaining any FERC approval required for the transfer and all costs associated with obtaining such rights.

  • Each Surrendering Party covenants and agrees that all Membership Common Units delivered by it for surrender shall be delivered to the Company free and clear of any pledge, lien, encumbrance or restriction, other than any restriction provided in this Agreement, the Securities Act and relevant state “blue sky” or other securities laws.

Related to Surrendering Party

  • Tendering Party has the meaning provided in Section 8.5(a).

  • Delivering Party means the entity supplying capacity and energy to be transmitted at Point(s) of Receipt.

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

  • Surrender when used with respect to American Depositary Shares, shall mean (i) one or more book-entry transfers of American Depositary Shares to the DTC account of the Depositary, (ii) delivery to the Depositary at its Office of an instruction to surrender American Depositary Shares not evidenced by a Receipt or (iii) surrender to the Depositary at its Office of one or more Receipts evidencing American Depositary Shares.

  • registered premises means a location that is licensed pursuant to this chapter and includes:

  • Surrender Value means an amount, if any, that becomes payable in case of Surrender of the Policy in accordance with the terms and conditions of the Policy.

  • Transferring Party has the meaning given such term in Section 5.2(b).

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

  • Receiving Party means the Party receiving Confidential Information.

  • Conversion Right has the meaning provided in Section 4.5(a) hereof.

  • Tendering Process means the process commenced by the issuing of this Request for Proposals and concluding upon formal announcement by the DBSA of the selection of a successful Bidder(s) or upon the earlier termination of the process.

  • Option to Build means the option of the New Service Customer to build certain Customer- Funded Upgrades, as set forth in, and subject to the terms of, the Construction Service Agreement.

  • Warrant Holder means the holder of a Call Warrant.

  • Surface owner means any person who holds record title to the surface of the land as an owner.

  • Purchase Option As defined in Section 3.18(c).

  • Tendering Authority means The Member Secretary, AICTE, New Delhi.

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2018-1 Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2018-1 Vehicle for which the related 2018-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related 2018-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Put Option Receipt means a receipt issued by a Paying Agent to a depositing Noteholder upon deposit of a Note with such Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

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

  • Warrant Certificate means a certificate in substantially the form attached as Exhibit 1 hereto, representing such number of Warrant Shares as is indicated therein, provided that any reference to the delivery of a Warrant Certificate in this Agreement shall include delivery of a Definitive Certificate or a Global Warrant (each as defined below). All other capitalized terms used but not otherwise defined herein shall have the meaning ascribed to such terms in the Warrant Certificate.

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

  • holder of a Warrant Certificate as used herein shall mean any person in whose name at the time any Warrant Certificate shall be registered upon the books to be maintained by the Warrant Agent for that purpose.

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

  • Holder means a Person in whose name a Security is registered in the Security Register.

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

  • Registered Holder means the Person in whose name a Note is registered on the Note Register on the applicable Record Date.