Compelling Party definition

Compelling Party has the meaning set forth in Section 3.08(a).
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Examples of Compelling Party in a sentence

  • In that case, the Compelling Party shall deliver a written notice to the Non-Compelling Party, specifying its election to invoke this Section 3.08(b) (the “Coin Flip Notice”).

  • At such meeting, the Compelling Party will call a coin flip and if the flip is called correctly, the Compelling Party will choose to either name a price or have the Non-Compelling Party name a price; if the call is made incorrectly, the Non-Compelling Party will have the same option.

  • Within fifteen business days following the Coin Flip Notice, the Compelling Party and Non-Compelling Party shall meet in person, and with at least one disinterested witness.

  • In the event that the Compelling Party secures a definitive agreement for a Qualifying Sale within the Shop Period, the Company, each Unitholder and the Executive Committee shall take all actions necessary to approve and participate in such Qualifying Sale.

  • In such case, the party that wishes to compel a sale of GXYF (the “Compelling Party”) must present the other party (Mill Road, if ▇▇▇▇▇▇▇ Group is the Compelling Party, and ▇▇▇▇▇▇▇ Group, if Mill Road is the Compelling Party) (the “Non-Compelling Party”) a written offer to sell all of the Compelling Party’s Interest in the Company to the Non-Compelling Party at the price stated in such written offer (the “Compelled Sale Notice”).

Related to Compelling Party

  • Billing Party means the Party rendering a bill.

  • Aggrieved party means a party entitled to pursue a remedy.

  • Opposing Party means the third party that owes Borrower the Miscellaneous Proceeds or the party against whom ▇▇▇▇▇▇▇▇ has a right of action in regard to the Miscellaneous Proceeds.

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

  • Settling Party means any one of, and “Settling Parties” means all of, the parties to the Stipulation, namely Defendants and Plaintiffs (on behalf of themselves and the Settlement Class).