Noncontrolling Party definition

Noncontrolling Party has the meaning set forth in Section 9.4(c).

Noncontrolling Party shall have the meaning set forth in Section 7.6(d).

Noncontrolling Party shall have the meaning specified in Section 19.2(e) of the Lease.

Examples of Noncontrolling Party in a sentence

• The Non-controlling Party may participate in such defense at its own expense.

• The Controlling Party shall keep the Non-controlling Party advised of the status of such Third Party Action and the defense thereof and shall consider in good faith recommendations made by the Non-controlling Party with respect thereto.

• The Non-controlling Party shall furnish the Controlling Party with such information as it may have with respect to such Third Party Action (including copies of any summons, complaint or other pleading which may have been served on such party and any written claim, demand, invoice, billing or other document evidencing or asserting the same) and shall otherwise cooperate with and assist the Controlling Party in the defense of such Third Party Action.

• The Non-controlling Party shall furnish the Controlling Party with such information as it may have with respect to such suit or proceeding (including copies of any summons, complaint or other pleading which may have been served on such party and any written claim, demand, invoice, billing or other document evidencing or asserting the same) and shall otherwise cooperate with and assist the Controlling Party in the defense of such suit or proceeding.

• The party controlling such defense (the "Controlling Party") shall keep the Non-controlling Party advised of the status of such suit or proceeding and the defense thereof and shall consider in good faith recommendations made by the Non-controlling Party with respect thereto.

More Definitions of Noncontrolling Party

Noncontrolling Party shall have the meaning set forth in Section 3.2(d) hereof.

Noncontrolling Party is defined in SECTION 8.6(c).

Noncontrolling Party shall have the meaning assigned to such term in Section 8.3(c). "Oil and Gas Properties" shall have the meaning assigned to such term in Article II.

Noncontrolling Party means (y) CSX in the case of audits or proceedings with respect to which ACL Holdings is the Controlling Party and (z) ACL Holdings in the case of audits or proceedings with respect to which CSX is the Controlling Party. The Controlling Party and the Noncontrolling Party shall cooperate reasonably and in good faith in connection with any audit or other proceeding that is subject to this Section 7.8(b). For purposes of this Section 7.8(b), ACL Holdings shall be deemed to be adversely affected or liable for Tax if the Vectura Parties or their transferees that are or were, as the case may be, members of ACL Holdings are adversely affected or liable for Tax. Notwithstanding any other provision, neither CVC, any of the Vectura Parties nor any other person shall have any right to receive or obtain any information relating to, or have any rights with respect to, any consolidated, combined or unitary Taxes of CSX or any of its Subsidiaries other than information and rights relating solely to items of ACL Holdings or its Subsidiaries. Furthermore, any rights of ACL Holdings with respect to any consolidated, combined or unitary Taxes of CSX or any of its Subsidiaries shall apply only to the extent that ACL Holdings might be adversely affected, it being understood that any claim or issue that would increase Tax for which CSX is responsible and liable hereunder and decrease Tax for which ACL Holdings is responsible and liable hereunder would not adversely affect ACL Holdings. CSX shall not amend any consolidated, combined or unitary Return to the extent such amendment would adversely impact ACL Holdings or any Subsidiary, except to the extent otherwise required by law or pursuant to an audit or proceeding initiated by a Taxing Authority.

Noncontrolling Party has the meaning given such term in Section 15(c)(iii)(C) of the Participation Agreement.

Noncontrolling Party means (y) CSX in the case of audits or proceedings with respect to which ACL Holdings is the Controlling Party and

Noncontrolling Party means Buyer, except with respect to any taxable period of Buyer or taxable period of the Target Company beginning after the Closing Date, in which case the Controlling Party shall mean Buyer and the Noncontrolling Party shall mean Seller. Notwithstanding any other provision of this Agreement, neither Buyer, any affiliate of Buyer, nor any other person shall have any right to receive or obtain any information relating to, or have any rights with respect to, any consolidated, combined, unitary or group Taxes or Tax Returns of Seller or any of its Subsidiaries other than information and rights relating solely to items of the Target Company. Furthermore, any rights of Buyer with respect to any consolidated, combined, unitary or group Taxes or Tax Returns of Seller or any of its Subsidiaries shall apply only to the extent that Buyer might be adversely affected, it being understood that any claim or issue that would increase Tax for which Seller is responsible and liable hereunder and decrease Tax for which Buyer is responsible and liable hereunder would not adversely affect Buyer.