Third Party Penalty Claim definition

Third Party Penalty Claim is defined in Section 9.8(c).
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Third Party Penalty Claim is defined in Section 9.14 of the Company LLC Agreement.
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Third Party Penalty Claim has the meaning set forth in Section 11.3.
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Examples of Third Party Penalty Claim in a sentence

  • If the Indemnifying Party elects to defend any such action or claim, then the Indemnified Party shall be entitled to participate in such defense with counsel of its choice at its sole cost and expense unless otherwise specified herein; provided that any such participation of the Indemnified Party shall be at the Indemnifying Party’s sole cost and expense to the extent such participation relates to a Third Party Penalty Claim.


More Definitions of Third Party Penalty Claim

Third Party Penalty Claim is defined in Section 9.14 of the Company LLC Agreement. “Tracking Model” means the Base Case Model updated to reflect actual results of the Company, but with the assumptions and conventions in Section 6.5 of the Company LLC Agreement remaining unchanged.
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Third Party Penalty Claim is defined in Section 5.3 of the Contribution Agreement.
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Third Party Penalty Claim has the meaning set forth in Section 11.3. “Tracking Model” means the Base Case Model, as adjusted from time to time to account for actual performance except as provided in Section 7.11. “Transaction Documents” means this Agreement, the Contribution Agreement, the Management Services Agreement, the O&M Agreements, the Side Letter and each of the other documents required to be delivered on the Closing Date, individually and collectively. “Transfer” has the meaning set forth in Section 9.1. “Treasury Regulations” means the regulations promulgated under the Code, as such regulations are in effect on the date hereof or as otherwise contemplated by Section 5.2. “Trigger Event” means either of the OFC Senior Notes Trigger Event or the OrCal Senior Notes Trigger Event. “UCC” means the Uniform Commercial Code of any applicable jurisdiction. “Unrelated Persons” means a Person that is not “related”, within the meaning of Section 45(e)(4) of Code, to any Person to whom any of the Project Companies sells electricity during the period the Company is entitled to PTCs on such electricity. “Working Capital Loan” has the meaning given to such term in Section 4.5. A - 1 - 18 Schedule 1.A Portfolio Companies [ ] Schedule 1.B Portfolio Subsidiaries (Project Companies and Projects) [ ] Schedule 4.2(d) Capital Accounts [ ] Schedule 4.3(b) PTC Schedule [ ] Schedule 8.5 Insurance [ ] Schedule 9 Transfer Representations and Warranties [ ] Exhibit A Base Case Model See attached. Exhibit B Form of Certificate for Class A Membership Interest THE INTERESTS REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”) OR ANY STATE SECURITIES LAWS. ACCORDINGLY, SUCH INTERESTS MAY NOT BE SOLD, TRANSFERRED OR OTHERWISE DISPOSED OF WITHOUT COMPLIANCE WITH SUCH ACT AND SUCH STATE SECURITIES LAWS, AND THE COMPANY MAY REQUIRE AN OPINION OF COUNSEL SATISFACTORY TO IT THAT NO VIOLATION OF SUCH ACT AND SUCH STATE SECURITIES LAWS WILL RESULT FROM ANY PROPOSED SALE, TRANSFER OR OTHER DISPOSITION OF SUCH INTERESTS. THIS CERTIFICATE EVIDENCES AN INTEREST IN ORTP, LLC AND SHALL BE A SECURITY FOR THE PURPOSES OF ARTICLE 8 OF THE UNIFORM COMMERCIAL CODE AS IN EFFECT IN THE STATE OF NEW YORK. No. [ ] Class A Membership Interests
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Related to Third Party Penalty Claim

  • Third Party IP Claim has the meaning given to it in clause E8.7 (Intellectual Property Rights).

  • Third Party Claim has the meaning set forth in Section 8.3.

  • Third Party Infringement Claim has the meaning set forth in Section 6.4.

  • Indemnity Claim has the meaning set forth in Section 8.3.

  • Infringement Claim means a third party claim alleging that the Equipment manufactured by Motorola or the Motorola Software directly infringes a United States patent or copyright.

  • Third party claimant means any individual, corporation, association, partnership, or other legal entity asserting a claim against any individual, corporation, association, partnership, or other legal entity insured under an insurance policy or insurance contract.

  • Third Party Claim Notice shall have the meaning set forth in Section 6.5(a).

  • Fraud Claim means any claim based in whole or in part upon fraud, willful misconduct or intentional misrepresentation.

  • Third Party Payment means payment through an instrument issued from a bank account other than that of the beneficiary investor. In case of payments from a joint bank account, the first named investor/holder of the mutual fund folio has to be one of the joint holders of the bank account from which payment is made.

  • third party proceeding means any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative, or investigative, other than an action by or in the right of the corporation.

  • Covered claim means the following:

  • Payment Claim means the claim for payment made by the Contractor in accordance with this Contract.

  • IPR Claim means any claim of infringement or alleged infringement (including the defence of such infringement or alleged infringement) of any IPR, used to provide the Services or as otherwise provided and/or licensed by the Supplier (or to which the Supplier has provided access) to the Authority in the fulfilment of its obligations under this Framework Agreement;

  • Third Party Claims has the meaning set forth in Section 11.1.

  • Direct Claim has the meaning set forth in Section 8.05(c).

  • Section 510(b) Claim means any Claim against the Debtors arising from rescission of a purchase or sale of a security of the Debtors or an Affiliate of the Debtors, for damages arising from the purchase or sale of such a security, or for reimbursement or contribution allowed under section 502 of the Bankruptcy Code on account of such a Claim.

  • Third Party Payments means the payment made through instruments issued from an account other than that of the beneficiary investor mentioned in the application form. However, in case of payments from a joint bank account, the first named applicant/investor has to be one of the joint holders of the bank account from which payment is made.

  • Third-party payer means an entity that is, by

  • IP Claim means a Claim made against you by a third party alleging that the Stripe Technology, Services or a Stripe Mark provided to and used by you in accordance with this Agreement infringes or misappropriates the IP Rights of the third party making the Claim, excluding Claims made by Connected Accounts.

  • AWR Claim means any complaint or claim to a tribunal or court made by or on behalf of the Agency Worker against the Hirer and/or the Employment Business for any breach of the AWR;

  • 503(b)(9) Claim means a Claim or any portion thereof entitled to administrative expense priority pursuant to section 503(b)(9) of the Bankruptcy Code.

  • Third Party Infringement has the meaning set forth in Section 5.1.

  • Tax Claim has the meaning set forth in Section 6.05.

  • Priority Non-Tax Claim means any Claim other than an Administrative Expense Claim or a Priority Tax Claim, entitled to priority in payment as specified in section 507(a) of the Bankruptcy Code.

  • Liability Claim has the meaning set forth in Section 7.2(a).

  • Third-Party Filer means an entity that submits a Product filing to the Commission on behalf of an Insurer.