M&C Party definition

M&C Party or “M&C Parties” means M&C, ▇▇. ▇▇▇▇▇▇▇▇▇ and/or ▇▇. ▇▇▇▇▇▇▇▇▇ .
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Examples of M&C Party in a sentence

  • If the Company and M&C are unable to effect such a release with respect to any Guaranty after using reasonable efforts to do so, the Company and each M&C Party shall indemnify such FDC Related Person from any Loss or Expense arising from such Guaranty.

  • There are no lawsuits, claims, suits, proceedings or investigations pending or, to the Knowledge of any M&C Party, threatened, which question the legality or propriety of the transactions contemplated by this Agreement or any Ancillary Agreement.

  • The execution, delivery and performance by each M&C Party of this Agreement and any Ancillary Agreement to which each M&C Party is a party have been duly authorized and approved by M&C, if applicable, and do not require any further authorization or consent.

  • No broker, finder or investment banker is entitled to any brokerage, finder’s or other fee or commission in connection with the transactions contemplated by this Agreement based upon arrangements made by or on behalf of an M&C Party.

  • Furthermore, each of the MC Party benefits from a possibility of early termination of the Agreement, and at its sole discretion, without court intervention and with no compensation being due, with immediate effect upon written notice, in case it should no longer be a part of SDAC and SIDC, it being understood that the Agreement shall remain in force for all other MC Parties and Contractor.

  • In case of any breach of this obligation by a MC Party, such MC Party undertakes to pay to Contractor a lump sum indemnification (“indemnité forfaitaire”) equal to twelve (12) months of the last gross salary of the member of the staff concerned.

  • The Parties agree that the Contractor shall have direct contact with each MC Party as long as clause 9.1 iv) of the Agreement (i.e. strict neutrality and no instructions being taken by individual Parties but by respectively MCSC or other bodies of the Project) is observed.

  • Each MC Party on the one hand, and Contractor on the other hand, undertake during the term of this Agreement and within one year after its expiry or termination for whatever reason not to hire or get work, either directly or indirectly, from the staff of respectively Contractor or MC Parties that participated in the carrying out of the scope of this Agreement, even if asked to do so by the said staff.

  • Every single MC Party is entitled to directly claim any damage caused by a violation by the Contractor of its legal obligations related to its activities.

  • Each M&C Party, for itself and its Affiliates, represents and warrants that neither such Person nor its Affiliates has assigned, conveyed, pledged, hypothecated or otherwise transferred any claim against the FDC Released Parties to another Person.

Related to M&C Party

  • FOIA Party means a Person that, in the reasonable determination of the Board of Directors, may be subject to, and thereby required to disclose non-public information furnished by or relating to the Company under, the Freedom of Information Act, 5 U.S.C. 552 (“FOIA”), any state public records access law, any state or other jurisdiction’s laws similar in intent or effect to FOIA, or any other similar statutory or regulatory requirement.

  • Lender Recipient Party means collectively, the Lenders, the Swing Line Lender and the L/C Issuer.

  • Party means either the System Agency or Contractor, individually.

  • Recipient Party has the meaning set forth in Section 14.3(a).

  • Participating Party means an enterprise or public body that has committed itself to reaching certain objectives under a voluntary agreement, or is covered by a national regulatory policy instrument;