Discontinuing Party definition

Discontinuing Party means a Party to this Agreement who will cease to be a Party to this Agreement with effect from the Discontinuance Date;
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Discontinuing Party means a Party that elects, pursuant to Section 3.10(a), not to continue research, development and Commercialization of a Discontinued Product Candidate or a Party that elects, pursuant to Section 8.4, not to continue funding research, development and Commercialization of a Collaboration Product.
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Discontinuing Party means a Party that elects to opt out of ------------------- further development and funding of a Joint Lead Compound, Joint Safety Assessment Compound or Joint Development Compound, as further provided in Section 4.9.
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Examples of Discontinuing Party in a sentence

  • Through this study, three groups of M-banking users were identified as non- adopters (postponers), opponents and rejectors.

  • The purpose of the Cash Cover is to ensure that, on a continuing basis and for so long as the Trading Party is not a Discontinuing Party, the BSC Clearer is a debtor to the relevant Trading Party and in calculating the amounts due either from the BSC Clearer to the Trading Party or from the Trading Party to the BSC Clearer in accordance with this Section N, the amount of the Cash Cover shall be ignored.

  • A Party which becomes a Discontinuing Party shall with effect from the Discontinuance Date cease to be a Party, but without prejudice to any provision of the Trading and Settlement Rules as to the continuance in force of any of its provisions as respects, or any rights, obligations and liabilities of, any such Party or (as respects such Party) any other Party.

  • As internal control measures, the Group would not: (i) acquire the Target Land Parcel (in the name of the JV) through the Public Auction at a price exceeding the Final Bid Price/Maximum Bid Price; or (ii) elect to continue with the cooperation under the JV Agreement as the Discontinuing Party; if it would lead to the maximum total contribution from the Group to the JV for the acquisition of the Target Land Parcel exceeding the Predetermined Price Limit.

  • Within 15 business days from the JV obtaining a transfer confirmation in respect of the Target Land Parcel, the Discontinuing Party shall (i) transfer all of its equity interest in the JV at cost (i.e. the amount of paid up capital of the JV actually contributed by the Discontinuing Party) to the Bidding Party or its designated nominee and (ii) assist in the completion of business registration for change of shareholder(s) and other relevant procedures.

  • EXIT 5.3 General provisions Amend paragraph 5.3 to read as follows: 5.3.1 Where a Party (the "Discontinuing Party"): (a) withdraws from the Code and ceases to be a party to the Framework Agreement pursuant to paragraph 5.1; or (b) is expelled from the Code and ceases to be a party to the Framework Agreement pursuant to paragraph 5.2; or (c) transfers its Accession Agreement and ceases to be a party to the Framework Agreement pursuant to paragraph 2.7, the provisions of this paragraph 5.3 shall apply.

  • In the event that the Bidding Party forebears the Target Land Parcel after a successful Bidding, the Bidding Party shall be accountable for all obligations and losses arising therefrom (including loss on the Deposit) and damages of the Discontinuing Party.

  • If the Discontinuing Party elects otherwise or fails to give the Notice, the Discontinuing Party shall be deemed to have withdrawn from the cooperation under the JV Agreement.

  • If the Discontinuing Party elects to continue with the cooperation under the JV Agreement, the JV Agreement shall remain effective and the Parties shall bear the Price Difference and the relevant tax and fees in proportion to their respective shareholdings in the JV.

  • The EPA submits the following recommendations to the Minister for the Environment and Heritage:1.


More Definitions of Discontinuing Party

Discontinuing Party has the meaning set forth in Section 13.5(c).
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Discontinuing Party means, (A) Novartis, in the event of a termination by Novartis pursuant to Section 13.4 or Section 14.1(b)(ii) or by Company pursuant to Section 13.2 and (B) Company, in the event of a termination by Novartis pursuant to Section 13.2, and (ii) “Continuing Party” shall mean (A) Company, in the event of a termination by Novartis pursuant to Section 13.4 or Section 14.1(b)(ii) or by Company pursuant to Section 13.2 and (B) Novartis, in the event of a termination by Novartis pursuant to Section 13.2.
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Related to Discontinuing Party

  • Terminating Party As defined in Section 7.1(f).

  • Third Party Terminating Carrier means a Telecommunications Carrier to which traffic is terminated when CLEC originates traffic that is sent through AT&T-TSP’s network, i.e., CLEC is using AT&T-TSP’s Transit Traffic Service.

  • Section 385 Expanded Group shall have the meaning set forth in Treasury Regulation Section 1.385-1(c)(4) for an “expanded group”.

  • BRRD Party means any party to this Agreement subject to the Bail-in Legislation.

  • Initiating Party shall have the meaning set forth in Article 13.

  • Independent Third Party means any Person who, immediately prior to a contemplated transaction, does not own in excess of 5% of the Company’s Common Units on a fully-diluted basis (a “5% Owner”), who is not controlling, controlled by or under common control with any such 5% Owner and who is not the spouse or descendant (by birth or adoption) of any such 5% Owner or a trust for the benefit of such 5% Owner and/or such other Persons.

  • Affected source means a source that includes one or more affected units.

  • Notifying Party As defined in Section 3.01(i).

  • Third Party Data has the meaning set forth in Section 9.3(a).

  • Customer channel termination point means the location where the customer either inputs or receives the communications.

  • Third Party Material means software, software development tools, methodologies, ideas, methods, processes, concepts and techniques owned by, or licensed to a third party and used by the Service Provider in the performance of the Services;

  • Pfizer shall have the meaning set forth in the preamble.

  • Third Party Supplier means a third party manufacturer and/or licensor of Products.

  • Third Party IP Claim has the meaning given to it in clause E8.7 (Intellectual Property Rights).

  • Affected entity means a county, municipality, local district, special service

  • Nondesignated country end product means any end product that is not a U.S.-made end product or a designated country end product.

  • Acquiring Party has the meaning given such term in Section 4.1.

  • Third Party Licensor means the relevant licensor of any Third Party Data or any Third Party Trade Xxxx;

  • continuing candidate means any candidate not deemed to be elected, and not excluded,

  • Non-Affected Party means, so long as there is only one Affected Party, the other party.

  • Consenting Party means a Party who agrees to participate in and pay its share of the cost of an Exclusive Operation.

  • Valid Third Party Entity In respect of any transaction, any third party that the Calculation Agent determines has a bona fide intent to enter into or consummate such transaction (it being understood and agreed that in determining whether such third party has such a bona fide intent, the Calculation Agent shall take into consideration the effect of the relevant announcement by such third party on the Shares and/or options relating to the Shares and, if such effect is material, may deem such third party to have a bona fide intent). Nationalization, Insolvency or Delisting: Cancellation and Payment (Calculation Agent Determination); provided that, in addition to the provisions of Section 12.6(a)(iii) of the Equity Definitions, it will also constitute a Delisting if the Exchange is located in the United States and the Shares are not immediately re-listed, re-traded or re-quoted on any of the New York Stock Exchange, The NASDAQ Global Select Market or The NASDAQ Global Market (or their respective successors); if the Shares are immediately re-listed, re-traded or re-quoted on any of the New York Stock Exchange, The NASDAQ Global Select Market or The NASDAQ Global Market (or their respective successors), such exchange or quotation system shall thereafter be deemed to be the Exchange. Additional Disruption Events: Change in Law: Applicable; provided that Section 12.9(a)(ii) of the Equity Definitions is hereby amended by (i) replacing the phrase “the interpretation” in the third line thereof with the phrase “, or public announcement of, the formal or informal interpretation,” (ii) replacing the word “Shares” with the phrase “Hedge Positions” in clause (X) thereof and (iii) inserting the parenthetical “(including, for the avoidance of doubt and without limitation, (x) any tax law or (y) adoption, effectiveness or promulgation of new regulations authorized or mandated by existing statute)” at the end of clause (A) thereof. Failure to Deliver: Applicable Hedging Disruption: Applicable; provided that:

  • Designated country end product means a WTO GPA country end product, a Free Trade Agreement country end product, a least developed country end product, or a Caribbean Basin country end product.

  • Least developed country end product means an article that—

  • Third Party IPR means any Intellectual Property Rights not belonging to either party to this Agreement but used by the Supplier in the creation of the Deliverables and/or in the course of or in connection with the Project.

  • Change in the Control means any change in any person(s) who directly exercise effective control over the Grantee.