Examples of Offending Party in a sentence
The Issuer may appoint one or more co-registrars, one or more co-transfer agents and one or more additional paying agents.
Within fourteen (14) days from the date of the Notice, the Offending Party shall have the right to challenge the determination by submitting a written objection to the General Manager or designee setting forth the reason(s) for such challenge.Upon receipt of the Offending Party’s objection, the General Manager or designee will initially attempt to informally resolve the matter.
If the matter cannot be resolved informally, the General Manager or designee shall determine whether the Offending Party should appear before the Board’s Hearing Committee for further review and adjudication of the matter.
The Notice of Hearing shall be mailed to the Offending Party at the address as shown in the records of the Association.
In the event that either Party breaches clause 10.1 the Offending Party shall pay the Aggrieved Party a sum equal to three hundred percent (300%) of the annual compensation of such staff member or any representative and/or agent, to compensate the Aggrieved Party for its considerable investment of time, effort and money to train and maintain its staff or representatives and/or agents.
Board and Hearing Committee Members may be consulted by the General Manager or designee in this regard.In the event that the General Manager or designee determines that a formal hearing before the Hearing Committee is necessary, the Offending Party shall be notified in writing of such determination by means of a Notice of Hearing.
If any claim or demand, including reasonable attorneys’ fees, is made by any third party due to or arising out of a breach of this Agreement or violation of any law or the rights of a third party by a Party to this Agreement (the “Offending Party”), the Offending Party will indemnify and hold harmless the other Party (and their officers, directors, agents, subsidiaries, joint ventures and employees) from such claim or demand.
The ADR process described above shall be mandatory, and must be exhausted before the Complaining Party is entitled to exercise its other legal rights and remedies, in cases of an alleged breach of the Standards of Conduct set forth in Section 7 or the provisions of Section 8; provided however, ADR shall not be mandatory if the Complaining party has invoked the ADR process against the Offending Party in the prior six month period or at least twice previously since the effective date of the Agreement.
Where the Operator or Consortium fails to comply with any of its obligations under this Agreement, the other party may issue a rectification notice to the Offending Party setting out the manner and time-frame for rectification.
On a mutually agreeable date, no later than twenty (20) calendar days after receipt by the Offending Party of the Complaining Party's written notice, the parties shall meet in the offices of the Complaining Party in a good faith attempt to resolve the alleged noncomplying conduct set forth in the written notice.