Controlled Party definition

Controlled Party is used in the Agreement of Purchase and Sale.
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Controlled Party of a Person means any Person that directly or indirectly through one or more intermediaries, Controls, is Controlled by, or is under common Control with, such Person, and in respect of a Kolomoisky Party, also means another Person acting at the direction of such Kolomoisky Party;
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Controlled Party is used in the Agreement of Purchase and Sale. CCCLand hereby agrees that to the extent that the Agreement of Purchase and Sale requires Seller and the Controlled Parties to cooperate with Buyer before or after the Closing contemplated by such Agreement of Purchase and Sale, CCCLand will use its reasonable efforts to so cooperate. By a separate Parking Easement and Relocation Agreement (the "Parking Agreement"), Seller and CCCLand, among other parties, are agreeing that certain parking requirements for the benefit of the Benefited Property described below may, at the election of Buyer, be provided temporarily on Lots 1 and 6. The Benefited Property consists of the following: Lots 2 and 3, of said Tract 7953 and Lot ▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇ter Phase II, as shown on Map recorded October 9, 1985 in Book 550 of Maps, pages 24, 25 and 26, Official Records of Santa Clar▇ County.
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Examples of Controlled Party in a sentence

  • Any damage to the Subleased Premises caused by Subtenant or a Subtenant Controlled Party shall be promptly repaired by Subtenant, to Sublandlord’s reasonable satisfaction, at Subtenant’s sole cost and expense.

  • Thereafter, the Controlled Party (itself or through the Control Affiliate) shall use diligent efforts to promptly implement (and in the case of isolation, maintain) such election.

  • For clarity, neither the Controlled Party nor any Control Affiliate shall use, reference or practice any Product Technology or GRT Know-How or GRT Patents for the purpose of Developing or Commercializing any Competing Product.

  • For the avoidance of doubt, Beijing Gehua Cultural Development Group has Controlled Party A as of the date hereof.

  • For the purposes hereof, an agreement with a party other than Starwood Mezzanine, SOFI IV or a Starwood Controlled Party will be deemed to be inconsistent with the obligations of the Trust set for this Agreement in the event that such agreement would impose any exclusivity or non-competition agreements on the Trust or would require a commitment of the Trust capital in excess of $1,000,000 in the aggregate.

  • TRT will be liable for any breach by any TRT Controlled Party, any Permitted Recipient, any TRT Nominee, any non-voting advisory or emeritus director appointed pursuant to Section 1(o) or of any Representative of any of the foregoing of his or its obligations under this Agreement.

  • Without limiting any other remedies that may be available to the Company, if TRT or any TRT Controlled Party acquires any Voting Securities in violation of Section 3(a)(1), it will promptly dispose of such Voting Securities to Persons that are not Affiliates of TRT.

  • The parties agree that the foregoing renunciation pursuant to Section 122(17) of the DGCL does not affect any other rights or remedies that may be available to the Company against TRT or any TRT Controlled Party for wrongful disclosure of information and will not be deemed to constitute the standard for establishing the breach of any other duty owed by Rowling to the Company or any defense available to TRT, Rowling, or any TRT Controlled Party.

  • In addition, the Company represents and warrants that the Board has affirmed that no action taken or omitted to be taken by TRT or any TRT Controlled Party in connection with any business opportunity (other than with respect to communication or use in breach of this Agreement of Confidential Information as set forth above) will constitute the basis for the removal of any TRT Nominee from the Board “for cause” in accordance with Article VII(B)(5) of the Company’s Restated Certificate of Incorporation.

  • No claim has been made by any governmental authority (and, to the knowledge of PMSI, no such claim has been threatened) to the effect that a Permit not possessed by PMSI or any PMSI Controlled Party is necessary in respect of the business of PMSI or such PMSI Controlled Party.