Affected Party definition
Affected Party has the meaning specified in Section 5(b).
Affected Party shall have the meaning set forth in Clause 21.1;
Affected Party means the party seeking to claim relief in respect of a Force Majeure;
Examples of Affected Party in a sentence
The Replacement Value shall be determined by the Non-Defaulting Party or by the Non-Affected Party (or, if there are two Affected Parties, by each Affected Party).
The other Party (the "Non-Affected Party") shall be entitled, by notice given to the Affected Party, to suspend performance of payment and Delivery obligations and to terminate all the outstanding Transactions, irrespective of their place of conclusion or performance.
More Definitions of Affected Party
Affected Party has the meaning ascribed to it in Clause 17.1;
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. As defined in Section 7.01(b).
Affected Party means the Party seeking to claim relief in respect of a Force Majeure Event.
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 a party prevented from performing the party’s obligations in accordance with this Agreement by an Event of Force Majeure.