Involved Party definition

Involved Party means any licensee, whether named or unnamed by the claimant, involved in a transaction that is the subject of a claim, and the employing broker or brokers of all involved licensees at the time of the transaction, and all principals to the transaction.

Involved Party shall have the meaning set forth in Section 2.7.

Involved Party means the Shareholder(s) involved in a Dispute and in the event of a transfer to a Permitted Transferee, such Permitted Transferee and the transferor shall be an Involved Party;

Examples of Involved Party in a sentence

• Such intellectual property and all embodiments thereof shall be promptly delivered to the Noninvolved Party (a) upon any such commencement of a bankruptcy proceeding upon written request therefore by the Noninvolved Party, unless the Involved Party elects to continue to perform all of its obligations under this Agreement or (b) if not delivered under (a) above, upon the rejection of this Agreement by or on behalf of the Involved Party upon written request therefor by the Noninvolved Party.

• Such intellectual property and all embodiments thereof shall be promptly delivered to the Noninvolved Party (a) upon any such commencement of a bankruptcy proceeding upon written request therefor by the Noninvolved Party, unless the Involved Party elects to continue to perform all of its obligations under this Agreement or (b) if not delivered under (a) above, upon the rejection of this Agreement by or on behalf of the Involved Party upon written request therefor by Noninvolved Party.

• Each of the Involved Parties shall bear, without the right to reimbursement or refund by the opposing Involved Party, the contractual fees of their respective lawyers.

• Such intellectual property and all embodiments thereof shall be promptly delivered to the Noninvolved Party (a) upon any such commencement of a bankruptcy proceeding upon written request therefor by the Noninvolved Party, unless the Involved Party elects to continue to perform all of its obligations under this Agreement, or (b) if not delivered under clause (a) above, following the rejection of this Agreement by or on behalf of the Involved Party upon written request therefor by the Noninvolved Party.

• In the event that a Shareholder institutes an action against the Corporation in connection with a Dispute, the Neutral Party shall be entitled to cause the Corporation to respond to and defend such action which it alone, without the Involved Party, determines is appropriate, and such determination by the Neutral Party will be valid and binding upon the Corporation notwithstanding any provision herein to the contrary.

More Definitions of Involved Party

Involved Party has the meaning given in SECTION 2.8(c).

Involved Party is defined in Section 18.2 (Section 365(n) of the Bankruptcy Code).

Involved Party has the meaning ascribed thereto in paragraph 6.11.1;

Involved Party means an individual who participated in the mediation process as provided in s. 950.08(3), Stats.

Involved Party means the Shareholder(s) involved in a Dispute;

Involved Party. Section 25.7. "Major Upgrade" - Section 12.1. "Minimum Royalty" - Section 9.3. "Minor Upgrade" - Section 11.2. "Non-involved Party" - Section 25.7. "Option Assets" - Section 15.1.

Involved Party has the meaning set forth in Section 16.2.