Examples of Holding Party in a sentence
Under no circumstances may a present or former Holding Party "trade on" such information or otherwise use it, directly or indirectly, for personal gain or for the benefit of any party other than the owner of such information.
To the extent the request does not concern Materials, the Holding Party shall not be required to deliver such requested materials to the Requesting Party, but shall provide the Requesting Party with an explanation in reasonable detail the basis of such determination and shall make itself and its relevant Affiliates available to discuss such determination in good faith with the Requesting Party.
A Cooperating Party may make a request for asset sharing from the Holding Party in accordance with the provisions of this Agreement when its cooperation has led, or is expected to lead, to a confiscation or forfeiture.
If at any time the Holding Party draws upon the Security pursuant to its rights under this Agreement, then the Lodging Party must within 10 Business Days of the Lodging Party being notified that the Security has been drawn upon, re-instate the amount of the Security to its full amount.
In any case where cooperation has been given by a Party (Cooperating Party) to a Party in possession of forfeited or confiscated assets (Holding Party) which facilitates the forfeiture or confiscation of assets, the Holding Party may, in accordance with domestic laws, share those assets with the Cooperating Party.