APPOINTMENT OF THE THIRD PARTY AGENCY Sample Clauses

APPOINTMENT OF THE THIRD PARTY AGENCY. The Purchaser may select a Third Party Agency (“TPA”) to conduct the sampling and analysis of coal from the list of third parties empanelled by CIL from time to time The cost of sampling and analysis by TPA shall be shared on 50:50 basis by the Seller and the Purchaser. All tools and tackles, plastic bags, sealing compounds and other items required for collection, preparation, storage and analysis of the sample shall be arranged by the TPA.
AutoNDA by SimpleDocs
APPOINTMENT OF THE THIRD PARTY AGENCY. The Purchaser may select a Third Party Agency (“TPA”) to conduct the sampling and analysis from the list of third parties empaneled by CIL from time to time, including:

Related to APPOINTMENT OF THE THIRD PARTY AGENCY

  • Appointment of the Servicer (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section. Until the Administrator gives notice to WESCO (in accordance with this Section 4.1) of the designation of a new Servicer, WESCO is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence of a Termination Event, the Administrator may (with the consent of the Majority Purchasers) or shall (at the direction of the Majority Purchasers) designate as Servicer any Person (including itself) to succeed WESCO or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Time is Money Join Law Insider Premium to draft better contracts faster.