Non-Defaulting Party definition

Non-Defaulting Party has the meaning specified in Section 6(a).
Non-Defaulting Party has the meaning set forth in Section 11.2.
Non-Defaulting Party has the meaning set forth in Section 5.2.

Examples of Non-Defaulting Party in a sentence

  • Currency selected by the Non-Defaulting Party or the Non-Affected Party for the denomination and payment of the Settlement Amount.

  • This provision does not apply to any of the claims of a Party corresponding to the Settlement Amount and/or any interest thereon that are due to it under the Agreement, provided that such transfer, assignment, security interest or guarantee does not impair the rights of the Non-Defaulting Party under Article 8.2.4 of the Agreement.

  • Replacement Values, Amounts Due and Liquidity Costs and Gains shall be determined by the Non-Defaulting Party or the Non-Affected Party (or if there are two Affected Parties, by each Party).

  • The Replacement Value shall be determined by the Non-Defaulting Party or by the Non-Affected Party (or, if there are two Affected Parties, by each Affected Party).

  • In all cases, termination by the Non-Defaulting Party shall not constitute a waiver by the Non-Defaulting Party of any other rights it might have under this Agreement or otherwise against the Defaulting Party.


More Definitions of Non-Defaulting Party

Non-Defaulting Party means the Party with respect to which a Default or Event of Default has not occurred.
Non-Defaulting Party is defined in Section 5.2.
Non-Defaulting Party has the meaning given to it in the definition of Event of Default.
Non-Defaulting Party means the Party other than the Defaulting Party.
Non-Defaulting Party is defined in Section 9.3.
Non-Defaulting Party has the meaning specified in Section 15.1(a).
Non-Defaulting Party shall have the meaning as given in Section 7.2.