Underpaying Party definition

Underpaying Party has the meaning set forth in Section 6.7.
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Underpaying Party. Underpaying Party shall have the meaning assigned to it in Section 5.13(c). "U.S. Acceptance Date". U.S. Acceptance Date shall have the meaning assigned to it in Section 8.2(a). "U.S. Territory". U.S. Territory shall mean the United States of America and all of its territories and possessions, and shall include Puerto Rico.
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Examples of Underpaying Party in a sentence

  • The failure to pay such deficiency to the Underpaid Party prior to the date that is ten (10) Business Days after receipt of the arbitrator's decision shall not constitute a breach or default by the Underpaying Party under this Agreement.

  • Each Reimbursement shall be equal to the difference of (i) the product of (A) the Underpaying Party’s Applicable Sharing Percentage, multiplied by (B) the total amount of Party Liabilities arising from the date of this Agreement, minus (ii) the sum of (A) the aggregate amount expended by the Underpaying Party with respect to all Party Liabilities arising from the date of this Agreement, plus (B) the aggregate amount of Reimbursements made by the Underpaying Party from the date of this Agreement.

  • The Sellers’ Representative shall have full authority in accordance with Section 6 of this Agreement to determine each Party’s Applicable Sharing Percentage with respect to each Party Liability and determine the amount of the Reimbursement required to be paid by the Underpaying Party to the Overpaying Party with respect to any Party Liability.

Related to Underpaying Party

  • Paying Party has the meaning set forth in Section 7.9.1.

  • Non-Paying Party is the Party that has not made payment by the Xxxx Due Date of all amounts within the xxxx rendered by the Billing Party.

  • Underpayment means any payment or portion of a payment not made to a provider for services delivered to eligible members according to the laws and rules applicable to the Medicaid program and to which the provider is entitled.

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

  • Disputing Party has the meaning specified in Paragraph 5.

  • Billing Party means the Party rendering a bill.

  • Auditing Party means the Party conducting an audit of the Audited Party’s books, records, data and other documents.

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

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

  • Prosecuting Party has the meaning set forth in Section 6.2(c).

  • Overpayment means payment in excess of the required fee. Overpayment of less than $10 received by the board shall not be refunded.

  • Terminating Party As defined in Section 7.1(f).

  • Tax Indemnifying Party shall have the meaning set forth in Section 7.6(d).

  • complaining Party means any Party that requests the establishment of an arbitration panel under Article 3.5 (Initiation of the Arbitration Procedure);

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

  • Aggrieved party means a party entitled to pursue a remedy.

  • Tax Indemnitee as defined in Section 3.01(5).

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

  • Designating Party means the Party or non-party that designates Documents, Testimony, or Information as Confidential Material.

  • Qualifying Party means (a) a Limited Partner, (b) an Assignee or (c) a Person, including a lending institution as the pledgee of a Pledge, who is the transferee of a Limited Partner Interest in a Permitted Transfer; provided, however, that a Qualifying Party shall not include the Special Limited Partner.

  • Breaching Party has the meaning set forth in Section 12.2.

  • injured party means any person entitled to claim compensation in respect of any loss or injury caused by a vehicle;

  • Preparing Party has the meaning set forth in Section 2.04(a)(ii).

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

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

  • Originating Party means the Party, including any entity which provides Classified Information in accordance with the laws and regulations in force in its state;