Affected Party definition

Affected Party has the meaning specified in Section 5(b).

Affected Party means the party seeking to claim relief in respect of a Force Majeure;

Affected Party shall have the meaning set forth in Clause 21.1;

Examples of Affected Party in a sentence

• The Affected Party shall use its reasonable efforts to mitigate the effect of any Force Majeure Event as soon as practicable.

• Subject to clause 11.2, the Affected Party must continue to perform its other obligations to the extent that they are not affected by the Force Majeure and must use all reasonable endeavours to overcome or remove the Force Majeure as quickly as possible.

• The Affected Party shall use its reasonable efforts to mitigate the effect of any event of Force Majeure as soon as practicable.

• A certificate of an Affected Party setting forth the amount or amounts necessary to compensate such Affected Party as specified in Section 2.12(B) or Section 2.12(C) and delivered to the Borrower, shall be conclusive absent manifest error.

• Any Affected Party making a claim under this Section 2.12 shall submit to the Borrower a certificate as to such additional or increased cost or reduction, which certificate shall be conclusive absent manifest error.

More Definitions of Affected Party

Affected Party means, in relation to a Force Majeure Event, the party claiming relief under this Clause 17 by virtue of that Force Majeure Event, and "Non-affected Party" shall be construed accordingly;

Affected Party has the meaning ascribed to it in Clause 17.1;

Affected Party. As defined in the Swap Agreement.

Affected Party means a party prevented from performing the party’s obligations in accordance with this Agreement by an Event of Force Majeure.

Affected Party has the meaning assigned to that term in Section 2.10.

Affected Party means the Party claiming to be affected by a Force Majeure Event in accordance with Clause 8.1.

Affected Party means the electric system of the Party other than the Party to which a request for interconnection or long-term firm delivery service is made and that may be affected by the proposed service.