Suspending Party definition

Suspending Party means the party who wish suspend this ICO Agreement or any Schedule of this ICO Agreement;
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Suspending Party has the meaning set forth in Section 7.8 (Program Recommitment).
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Suspending Party has the meaning set out in Clause 13.2;
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Examples of Suspending Party in a sentence

  • Additionally, the Non-Suspending Party shall promptly share with, and provide access to, the Suspending Party (i) all clinical trial data and results within the Program Intellectual Property, (ii) such other Know-How within the Product Intellectual Property generated before the date of the Suspension Election; and (iii) any other information reasonably requested by the Suspending Party related to such Product.

  • Upon making a Suspension Election, the Suspending Party will, at the Non-Suspending Party’s cost, undertake all reasonable efforts to effect a smooth and orderly transition of its development, regulatory and commercial activities and responsibilities under this Agreement with respect to such Product to the Non-Suspending Party.

  • In the event of such re-entry, the Suspending Party will pay the Non-Suspending Party an amount equal to [*].

  • Additionally, if the Suspending Party was the Development Lead and Commercial Lead for such Product, then the Non-Suspending Party shall be the Development Lead and Commercial Lead going forth, and the Suspending Party shall not be entitled to resume such role even if such Party elects to resume funding its share of Development Costs and General Costs with respect to such Product pursuant to Section 7.8.2 (Re-Entry Right) below.

  • Either party ("Suspending Party") may suspend the Agreement for no more than two years from the Suspension Date if the Suspending Party gives the other Party written notice at least thirty days (30 days) before the Agreement is to be suspended ("Suspension Date").

  • For clarity, from and after the effective date of any Suspension Notice, the Suspending Party shall not be liable for any Development Costs or General Costs for such Product committed before the effective date of the Suspension Notice but not yet incurred at that date or otherwise incurred after such date.

  • If the Non-Suspending Party subsequently decides that it is no longer willing to continue further development and commercialization of the Product, then the Non-Suspending Party may elect to terminate further development and commercialization by providing the Suspending Party with [*] prior written notice (a “Termination Election”).

  • If the Suspending Party fails to provide the Re-Entry Notice with respect to a Product during the applicable Re-Entry Period, then the Suspending Party shall be deemed to have terminated the Agreement with respect to such Product in accordance with Section 14.2 (Termination for Convenience) and Section 14.6.1 (Product by Product Termination).

  • If the Suspending Party fails to provide a Re-Entry Notice within [*] of receipt of the Out-License Election and the Out-License Election relates to only certain countries within the Collaboration Territory, then the Suspending Party’s right to re-enter the program shall exclude such countries.

  • If the Suspending Party fails to provide a Re-Entry Notice within [*] of receipt of the Out-License Election and the Out-License Election relates to all countries within the Collaboration Territory, then, then the Suspending Party’s right to provide a Re-Entry Notice with respect to such Product shall terminate.

Related to Suspending Party

  • Initiating Party shall have the meaning set forth in Article 13.

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

  • Responding Party has the meaning set forth in Section 7.02(a).

  • Notified Party has the meaning specified in Section 13.2.

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

  • Regulatory Proceeding means a request for information, civil investigative demand, or civil proceeding commenced by service of a complaint or similar proceeding brought by or on behalf of the Federal Trade Commission, Federal Communications Commission, or any federal, state, local or foreign governmental entity in such entity’s regulatory or official capacity in connection with such proceeding.

  • Intimidating, threatening, abusive, or harming conduct means, but is not limited to, conduct that does the following:

  • Demand Party has the meaning set forth in Section 2.2(a).

  • BRRD Party means any party to this Agreement subject to the Bail-in Legislation.

  • Lending Party shall have the meaning assigned to such term in Section 11.14.

  • Issuing Party has the meaning set forth in Section 8.2.2 (Review).

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

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

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

  • Programme Party means a party to a Programme Document (other than the Issuer and ETP Securityholders).

  • Complaint Investigation means an investigation of any complaint that has been made to a proper authority that is not covered by an abuse investigation.

  • Seller Party means Seller, any Affiliates of Seller, any direct or indirect subcontractors of Seller or its Affiliates and any of such subcontractors' Affiliates.

  • Responsible Party means a public or private body or any other person which, alone or in conjunction with others, determines the purpose of and means for processing personal information, as defined in POPI.

  • Regulatory Problem means any set of facts or circumstance wherein it has been asserted by any governmental regulatory agency (or a Regulated Stockholder reasonably believes that there is a risk of such assertion) that such Regulated Stockholder is not entitled to acquire, own, hold or control, or exercise any significant right (including the right to vote) with respect to, any Equity Securities of the Company or any subsidiary of the Company.

  • Threat means a statement of an intention to inflict pain, injury, damage, or other hostile action to cause fear of harm. The intention may be communicated through an electronic, written, verbal, or physical act to cause fear, mental distress, or interference in the school environment. The intention may be expressly stated or implied and the person communicating the threat has the ability to carry out the threat.

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

  • Assisting Party means a party that provides assistance pursuant to this Agreement during an emergency or disaster.

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

  • representative of a Party means an employee or any person appointed by a government department or agency or any other public entity of a Party who represents the Party for the purposes of a dispute under this Agreement.

  • Proposing Party has the meaning set forth in Section 5.2.2.4(a).

  • Discontinuance Notice means the written Notice sent by the Billing Party to the other Party that notifies the Non- Paying Party that in order to avoid disruption or disconnection of the Interconnection Services, furnished under this Agreement, the Non-Paying Party must remit all Unpaid Charges to the Billing Party within fifteen (15) calendar days following receipt of the Billing Party’s Notice of Unpaid Charges.