Third Parties Act definition

Third Parties Act has the meaning given to it in Clause 1.5 (Third party rights).
Third Parties Act means the Contracts (Rights of Third Parties) Act 1999.
Third Parties Act means the Contracts (Rights of Third Parties) ▇▇▇ ▇▇▇▇.

Examples of Third Parties Act in a sentence

  • Any Finance Party, Affiliate or any director, officer, employee, agent or delegate of a Finance Party or its Affiliate may rely on this Clause 16.6 may rely on this Clause 16.6.3 subject to Clause 1.5 (Third party rights) and the provisions of the Third Parties Act.


More Definitions of Third Parties Act

Third Parties Act means the Contracts (Rights of Third Parties) Act 1999;
Third Parties Act means the Contracts (Rights of Third Parties Act) 1999 as applied in the Abu Dhabi Global Market by virtue of the Application of English Law Regulations 2015.
Third Parties Act means the Contracts (Rights of Third Parties) Act, Chapter 53B of Singapore.
Third Parties Act means the Contracts (Rights of Third Parties) Act 1999, as amended from time to time
Third Parties Act means the Contracts (Rights of Third Parties) Act 1999. “VDR” means the Company’s virtual data room.
Third Parties Act means the Contracts (Rights of Third Parties) Act 1999. “Transaction Security” has the meaning given to it in the Intercreditor Agreement.
Third Parties Act has the meaning given to it in Clause 1.5 (Third party rights). "Total Commitments" means the aggregate of the Total Revolving Commitments, Total Transition Commitments and the Total Newbuild Term Commitments, being $1,290,000,000 at the date of this Agreement. "Total Loss" means, in relation to a Ship: (a) actual, constructive, compromised, agreed or arranged total loss of that Ship; or (b) any Requisition of that Ship unless that Ship is returned to the full control of the Borrower or the relevant Guarantor within 30 days of such Requisition. "Total Loss Date" means, in relation to the Total Loss of a Ship: (a) in the case of an actual loss of that Ship, the date on which it occurred or, if that is unknown, the date when that Ship was last heard of; (b) in the case of a constructive, compromised, agreed or arranged total loss of that Ship, the earlier of: (i) the date on which a notice of abandonment is given (or deemed or agreed to be given) to the insurers; and (ii) the date of any compromise, arrangement or agreement made by or on behalf of the Borrower or the relevant Guarantor with that Ship's insurers in which the insurers agree to treat that Ship as a total loss; and (c) in the case of any other type of Total Loss, the date (or the most likely date) on which it appears to the Facility Agent that the event constituting the total loss occurred. "Total Newbuild Term Commitments" means the aggregate of the Tranche A Commitment, Tranche B Commitment, Tranche C Commitment and Tranche D Commitment, being $190,000,000 at the date of this Agreement. "Total Revolving Commitments" means the aggregate of the Revolving Commitments, being $725,000,000 at the date of this Agreement. "Total Transition Commitments" means the aggregate of the Transition Commitments, being $375,000,000 at the date of this Agreement. "Tranche" means Tranche A, Tranche B, Tranche C or Tranche D. "Tranche A" means that part of the Newbuild Term Loan made or to be made available to the Borrower to purchase Ship 33 in a principal amount not exceeding the lesser of (i) $47,500,000 and (ii) 55 per cent. of the Market Value of Ship 33. "Tranche A Commitment" means: