Examples of Assuming Party in a sentence

Each of the Assigning Parties hereby irrevocably sells, assigns, grants, conveys and transfers to the Assuming Party all of its respective rights, title and interest in and to the Agreements to which it is a party.
With regard to the consideration payable by the Assuming Party for the Causing Party’s obligations set forth in Section 16.6, the Parties shall use good faith efforts to negotiate and agree upon [***] (the “Reversion Terms”), within [***] (or such longer period of time agreed by the Parties) following the effective date of termination.
During the term of the Reinsurance Agreement, “D’s” payment obligations are not tied to, dependent upon, or otherwise affected by, any other obligations that the Longevity Risk Assuming Party may assume under such LRAP’s derivative with the Pension Plan.
Prior to “D” entering into a Reinsurance Agreement, the longevity risk is initially assumed by the Longevity Risk Assuming Party in the form of a derivative contract, as described above.
HubCo hereby joins as a party to the Agreements and shall be jointly and severally liable along with the Assuming Party for the obligations of the Assuming Party arising under the Agreements.

More Definitions of Assuming Party

Assuming Party has meaning set forth in Section 16.6.

Assuming Party means a corporation organized by the Guarantor under the laws of the United States, any State thereof, or the District of Columbia for the purpose of succeeding to the business of the Guarantor in a Domestication Event.

Assuming Party has the meaning set forth in Section 14.8 hereof.

Assuming Party has the meaning set forth in Section 8.06(b)(i) of the -------------- Master Separation Agreement.

Assuming Party shall have the meaning set out in Clause 5.1

Assuming Party has the meaning set forth in Section 8.4 (Decision not to file; Abandonment).

Assuming Party means each of New Partnership and New Lessee as party to an Assumption.