Defaulting Party definition

Defaulting Party has the meaning specified in Section 6(a).

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Defaulting Party. As defined in the Swap Agreement.

Defaulting Party. Defaulting Party means a Party which the General Assembly has identified to be in breach of this Consortium Agreement and/or the Grant Agreement as specified in Section 4.2 of this Consortium Agreement.

Examples of Defaulting Party in a sentence

In addition to any other termination right set forth in this Agreement, the failure by either Party (the “Defaulting Party”) to comply with any of the Defaulting Party’s material obligations under this Agreement will entitle the other Party (the “Non-Defaulting Party”) to give the Defaulting Party notice specifying the nature of the default and requiring the Defaulting Party to cure such default.
The Calculation Agent is Party A unless (i) an Event of Default or a Termination Event occurs and is continuing in respect of which Party A is the Defaulting Party or the sole Affected Party, respectively, in which case Party B shall appoint a third party to act as Calculation Agent; or (ii) the Calculation Agent is otherwise specified in a Confirmation in relation to the relevant Transaction.

More Definitions of Defaulting Party

Defaulting Party means the Party that is subject to an Event of Default.

Defaulting Party. As defined in Section 7.01(b).

Defaulting Party has the meaning set forth in Section 7.1.

Defaulting Party has the meaning set forth in Section 11.1(a).

Defaulting Party means the Party with respect to which a Default or Event of Default has occurred.

Defaulting Party is defined in Section 9.1 and Section 9.2.

Defaulting Party is defined in Section 5.1.