Transit Party definition

Transit Party means any Party, other than the exporting Party or importing Party, through which a movement of hazardous wastes or other wastes is planned or takes place;
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Transit Party means the Party that conveys Transit Calls on the System operated by such Party;
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Examples of Transit Party in a sentence

  • The indemnification in section 3.A shall not apply to the extent that a final judgment of a court of competent jurisdiction establishes that a Claim against one AC Transit Party was proximately caused by the willful misconduct of that AC Transit Party.

Related to Transit Party

  • Credit Party means the Administrative Agent, the Issuing Bank, the Swingline Lender or any other Lender.

  • Loan Party means the Borrower and each Guarantor.

  • Obligated Party has the meaning assigned to such term in Section 10.02.

  • Seller Group Member means Seller and its Affiliates and their respective successors and assigns.

  • Borrower Party Affiliate means, with respect to the Mortgage Loan Borrower, a manager of the Mortgaged Property or an Accelerated Mezzanine Loan Lender, (a) any other Person controlling or controlled by or under common control with such Mortgage Loan Borrower, manager or Accelerated Mezzanine Loan Lender, as applicable, or (b) any other Person owning, directly or indirectly, 25% or more of the beneficial interests in such Mortgage Loan Borrower, manager or Accelerated Mezzanine Loan Lender, as applicable. For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise and the terms “controlling” and “controlled” have meanings correlative to the foregoing.