Non-Controlling Party means, at any time, any Trustee, Liquidity Provider or other Person which is not the Controlling Party at such time.

Non-Controlling Party means the party not controlling the defense of any Third Party Action.

Non-Controlling Party has the meaning set forth in Section 9.02(c) of this Agreement.

Examples of Non-Controlling Party in a sentence

The Controlling Party shall have the right to compromise or settle such Third Party Claim with the consent of the Non-Controlling Party (which consent shall not be unreasonably withheld, conditioned, or delayed).
The failure of the Controlling Party to provide any notice specified in this Section 9.02(d) to the Non-Controlling Party shall not relieve the Non-Controlling Party of any liability or obligation which it may have to the Controlling Party under this Agreement except to the extent that the Non-Controlling Party was actually harmed by such failure, and in no event shall such failure relieve the Non-Controlling Party from any other liability or obligation which it may have to the Controlling Party.
The Party controlling the defense (the “Controlling Party”) shall from time to time apprise the non-controlling Party (the “Non-Controlling Party”) of the status of the Third Party Claim and any resulting Legal Proceeding and shall furnish the Non-Controlling Party with such documents and information filed or delivered in connection with such Third Party Claim as the Indemnified Party may reasonably request.

More Definitions of Non-Controlling Party

Non-Controlling Party has the meaning set forth in Section 5.3(a).

Non-Controlling Party has the meaning set forth in Section 11.1(f).

Non-Controlling Party means, with respect to a Tax Contest, the Party that is not the Controlling Party with respect to such Tax Contest.

Non-Controlling Party has the meaning set forth in Section 7.2.2.

Non-Controlling Party means whichever of Seller or Purchaser is not the Controlling Party with respect to such Tax Proceeding.

Non-Controlling Party has the meaning set forth in Section 8.3(d)(ii).

Non-Controlling Party shall have the meaning set forth in Section 9.1(c).