Breaching Party definition

Breaching Party has the meaning set forth in Section 12.2.

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Breaching Party means a party that is in Breach of Tariff, Part IV or Tariff, Part VI and/or an agreement entered into thereunder.

Breaching Party shall have the meaning set forth in Section 21.1 of this Agreement.

Examples of Breaching Party in a sentence

After delivering a Termination Notice, provided the Breaching Party is proceeding diligently to cure such matter and such matter is capable of being cured prior to the Outside Date, the Terminating Party may not exercise such termination right until the earlier of (a) the Outside Date, and (b) if such matter has not been cured by the date that is fifteen (15) Business Days following receipt of such Termination Notice by the Breaching Party, such date.
If the Terminating Party delivers a Termination Notice prior to the date of the Meeting, unless the Parties mutually agree otherwise, the Corporation shall postpone or adjourn the Meeting to the earlier of (i) ten (10) Business Days prior to the Outside Date and (ii) the date that is fifteen (15) Business Days following receipt of such Termination Notice by the Breaching Party.

More Definitions of Breaching Party

Breaching Party has the meaning specified in Section 4.8(3).

Breaching Party has the meaning set forth in Section 10.3.

Breaching Party shall have the meaning set forth in Section 21.1 of this Agreement. “CEII” shall have the meaning set forth in Section 25.4 of this Agreement. “CIP” shall have the meaning set forth in Section 25.4 of this Agreement. “Company” shall have the meaning set forth in the preamble to this Agreement.

Breaching Party shall have the meaning assigned to such term in Section 11.2.

Breaching Party means the Party that is believed by the Non-Breaching Party to be in material breach of this Agreement.

Breaching Party shall have the meaning set forth in Section 14.02.

Breaching Party has the meaning set forth in Section 6.2.