Appointed Party definition

Appointed Party has the meaning specified in Section 5.04.
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Appointed Party. Means a Party designated from time to time by the Management Committee for performing any possible duties assigned to it and for preparing any document pursuant to this Agreement.
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Appointed Party means a party directly contracted by the Design-Builder.
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Examples of Appointed Party in a sentence

  • The Obligors acknowledge and agree that should the Appointed Party act in accordance with this provision, such Appointed Party will have all the rights, remedies, benefits and powers as are granted to the Collateral Agent pursuant hereto or pursuant to any Security Documents.

  • If, however, any remittance or communication received by an Appointed Party appears manifestly erroneous or irregular, such Appointed Party shall be under a duty to make prompt inquiry to the Person originating such remittance or communication in order to determine whether a clerical error or inadvertent mistake has occurred.

  • The Appointed Party shall amend Schedule C by deleting the cable, and shall issue a revised Schedule Cl and/or C2, effective the date of withdrawal from service.

  • The Borrower and each Senior Lender agree to deliver to each Appointed Party each Financing Document which is executed and delivered by it subsequent to the date of this Agreement promptly upon such execution and delivery and to deliver each instrument amending or modifying any agreement previously delivered to such Appointed Party.

  • Executed counterparts of each Financing Document required to be executed and delivered at or prior to the date of this Agreement have been delivered to each Appointed Party and each Appointed Party acknowledges receipt thereof.

  • Each Appointed Party may make loans to the Borrower, including Senior Facility Loans, accept deposits from and generally engage in any kind of business with the Borrower as though such Appointed Party were not an Appointed Party hereunder and under the other Financing Documents.

  • Any Appointed Party removing a director shall be responsible for and agrees with the Company and the other Entitled Parties to indemnify the other Entitled Parties and the Company against all losses, liabilities and costs which the other Entitled Parties or the Company may incur arising out of, or in connection with, any claim by the director for wrongful or unfair dismissal or redundancy or other compensation arising out of the director's removal or loss of office.

  • No Appointed Party shall have any responsibility to make any investigation into the facts or matters stated in any notice, certificate, instrument, demand, request, direction, instruction, waiver, receipt, consent or other document or communication furnished to it hereunder or under any other Financing Document.

  • Amendments or modifications of the aforementioned agreements shall not affect the duties and obligations of any of the Appointed Parties hereunder unless such Appointed Party has consented to such amendment or modification.

  • No Appointed Party shall be responsible for the negligence or misconduct of any counsel, accountants, engineers and other experts selected by it without gross negligence or willful misconduct on its part.


More Definitions of Appointed Party

Appointed Party which means the receiver of information, goods and
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Appointed Party means any Party appointed by the Management Committee to carry out a specific function under this Agreement, including but not limited to: the Central Billing Party, the Schedule B Party, the Schedule E Party, the Schedule H Party, the Schedule K Party and the Schedule L Party;
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Related to Appointed Party

  • Appointed Representative has the meaning set forth in Section 10.1.

  • Appointee means the person named by you and registered with us in accordance with the Nomination Schedule, who is authorized to receive the Death Benefit under this Policy on the death of the Life Assured while the Nominee is a minor;

  • Initiating Party means a party who gives notice under section 2 of this Schedule;

  • Supplier Representative means the representative appointed by the Supplier from time to time in relation to this Framework Agreement;

  • Interested Party means a person:

  • Independent Manager shall refer to a member of the Board that meets the standards of an “independent director” set forth in NASDAQ Marketplace Rule 4200(a)(15) (on any successor rule) with respect the Company, the Administrator and their respective affiliates. In the event a Special Committee is formed, the term “Independent Manager” shall, as the context requires, refer generically to each Independent Manager.

  • Independent Fiduciary means an independent fiduciary who will serve as a fiduciary to the Plan in accordance with Article 3 that has no relationship or interest in any of the Settling Parties and is mutually agreed to by the Settling Parties.

  • Authority Representative means the representative appointed by the Authority from time to time in relation to this Framework Agreement;