Opposing Party means the third party that owes Borrower the Miscellaneous Proceeds or the party against whom ▇▇▇▇▇▇▇▇ has a right of action in regard to the Miscellaneous Proceeds.
Innocent Party means, in relation to a breach of an obligation under this contract, the party who is not in breach of that obligation; "Insolvency Event", in relation to either of the parties, has occurred where:
Mediation party means a person that participates in a mediation and whose agreement is necessary to resolve the dispute.
Independent Party means, with respect to a BDC Downstream Fund, (i) if the BDC Downstream Fund has a board of directors (or the equivalent), the board or (ii) if the BDC Downstream Fund does not have a board of directors (or the equivalent), a transaction committee or advisory committee of the BDC Downstream Fund.
Respondent Party has the meaning set forth in Section 7.6(b).