Party Liable definition

Party Liable has the meaning given to it in Clause 12.3;
Sample 1Sample 2Sample 3
Party Liable means in relation to clause 3 of the General Conditions the Party which is liable to the other Party for loss arising from any breach by it as referred to in clause 3 of the General Conditions;
Sample 1Sample 2
Party Liable has the meaning given to that term in Clause 7.10 and does not extend to NIAUR;
Sample 1Sample 2

Examples of Party Liable in a sentence

  • Nothing in this Code excludes or limits the liability of the Party Liable that cannot, by law, be limited or excluded, including liability for fraud and fraudulent misrepresentation and liability for death or personal injury resulting from the negligence of the Party Liable or any of its officers, employees or agents.

  • The Party Liable must indemnify and keep indemnified all other Participants, their officers, employees or agents from and against all loss (including any cost, claim, liability and expense) which any other Participant may suffer or incur by reason of any claim on account of death or personal injury resulting from the negligence of the Party Liable or any of its officers, employees or agents.

  • The Party Not Liable shall not, unless and until the Party Liable has failed to, within ten (10) Business Days of receiving notice from the Party Liable requesting it to do so, unconditionally agree in writing to take over the conduct of the negotiations or litigation in respect of the Legal Claim, make any admission which might be prejudicial to the claim.

  • The Party Not Liable shall not, unless and until the Party Liable has failed to, within ten (10) Business Days of receiving notice from the Party Liable requesting it to do so, unconditionally agreed in writing to take over the conduct of the negotiations or litigation in respect of the Injury Claim, make any admission which might be prejudicial to the claim.

  • The conduct by the Party Liable of such negotiations or litigation shall be conditional upon the Party Liable having first given to the Party Not Liable such reasonable security as the Party Not Liable shall from time to time notify the Party Liable that it requires to cover the amount ascertained or agreed or estimated, as the case may be of any losses, damages, claims, liabilities, costs or expenses for which the Party Not Liable may become liable in respect of the Injury Claim.

  • Nothing in this Agreement shall exclude or limit the liability of the Party Liable for death or personal injury resulting from the negligence of the Party Liable or any of its officers, employees or agents.

  • The liability of the Party Liable under this clause 21.1 shall not be limited or restricted in any way and the provisions of clause 21.3 shall not apply to this clause.

  • In the event of any Injury Claim being made against the Party Not Liable, the Party Liable shall be promptly notified of the Injury Claim and may at the Party Liable’s own expense conduct all negotiations for the settlement of the same, and any litigation that may arise from the claim.

  • In the event of any Claim being made against the Party Not Liable, the Party Liable shall be promptly notified of the Claim and may at the Party Liable’s own expense conduct all negotiations for the settlement of the same, and any litigation that may arise from the Claim.

  • In the event of any Legal Claim being made against the Party Not Liable, the Party Liable shall be promptly notified of the Legal Claim and may at the Party Liable’s own expense conduct all negotiations for the settlement of the same, and any litigation that may arise from the claim.


More Definitions of Party Liable

Party Liable means as defined in paragraph 33.1;
Sample 1
Party Liable has the meaning given to that expression in clause 10.1;
Sample 1
Party Liable has the meaning given to that term in Clause 25.1 or (as the case may be) Section 20.1 of Schedule 21;
Sample 1
Party Liable. Has the meaning given to it in Clause 8.2;
Sample 1
Party Liable means, in relation to clause 3 of the General Conditions, the Party which is liable to the other Party for loss arising from any breach by it as referred to in clause 3 of the General Conditions;
Sample 1

Related to Party Liable

  • Third Party Liability has the meaning ascribed thereto in Section 8.3.2;

  • Party Lottery or “Member Lottery” means a state lottery or lottery of a political subdivision or entity that has joined the MUSL and, in the context of these Product Group Rules, that is authorized to sell the Powerball game. Unless otherwise indicated, “Party Lottery” or “Member Lottery” does not include “Licensee Lotteries.”

  • Senior Higher Priority Liabilities means any obligations in respect of principal of the Issuer under any Notes and any other unsecured and unsubordinated obligations (créditos ordinarios) of the Issuer, other than the Senior Non Preferred Liabilities; and

  • Party/Parties means Buyer and Seller individually/collectively.

  • Related Party Agreement means any agreement, arrangement, or understanding between the Company and any Stockholder or any Affiliate of a Stockholder or any Director, officer, or employee of the Company, as such agreement may be amended, modified, supplemented, or restated in accordance with the terms of this Agreement.

  • Identified Contingent Liabilities means the maximum estimated amount of liabilities reasonably likely to result from pending litigation, asserted claims and assessments, guaranties, uninsured risks and other contingent liabilities of the Borrower and its Subsidiaries taken as a whole after giving effect to the Transactions (including all fees and expenses related thereto but exclusive of such contingent liabilities to the extent reflected in Stated Liabilities), as identified and explained in terms of their nature and estimated magnitude by responsible officers of the Borrower.

  • Seller Affiliate means any Affiliate of Seller.

  • Fiduciary Indemnified Person means each of the Institutional Trustee (including in its individual capacity), the Delaware Trustee (including in its individual capacity), any Affiliate of the Institutional Trustee or the Delaware Trustee, and any officers, directors, shareholders, members, partners, employees, representatives, custodians, nominees or agents of the Institutional Trustee or the Delaware Trustee.

  • Related Party Contract means any relationship, transaction, or expenditure, contractual in nature, which results in or could result in an expenditure of state or federal funds by the Board with a Related Party. The term “Related Party Contract” does not include retail purchases made in the ordinary course of business or payments for utility services.

  • Purchaser Indemnified Persons has the meaning specified in Section 11.01(a).

  • Purchaser Related Parties has the meaning specified in Section 6.1.

  • Related Party Agreements shall have the meaning set forth in Section 3.19 herein.

  • Accounts Receivable Subsidiary means any Wholly Owned Subsidiary of the Company (i) which is formed solely for the purpose of, and which engages in no activities other than activities in connection with, financing accounts receivable of the Company and/or its Restricted Subsidiaries, (ii) which is designated by the Company as an Accounts Receivables Subsidiary pursuant to an Officer’s Certificate delivered to the Trustee, (iii) no portion of Indebtedness or any other obligation (contingent or otherwise) of which is at any time recourse to or obligates the Company or any Restricted Subsidiary in any way, or subjects any property or asset of the Company or any Restricted Subsidiary, directly or indirectly, contingently or otherwise, to the satisfaction thereof, other than pursuant to (a) representations, warranties and covenants (or any indemnity with respect to such representations, warranties and covenants) entered into in the ordinary course of business in connection with the sale (including a sale in exchange for a promissory note of or Equity Interest in such Accounts Receivable Subsidiary) of accounts receivable to such Accounts Receivable Subsidiary or (b) any guarantee of any such accounts receivable financing by the Company or any Restricted Subsidiary that is permitted to be incurred pursuant to Section 4.06, (iv) with which neither the Company nor any Restricted Subsidiary of the Company has any contract, agreement, arrangement or understanding other than contracts, agreements, arrangements and understandings entered into in the ordinary course of business in connection with the sale (including a sale in exchange for a promissory note of or Equity Interest in such Accounts Receivable Subsidiary) of accounts receivable in accordance with Section 4.17 and fees payable in the ordinary course of business in connection with servicing accounts receivable and (v) with respect to which neither the Company nor any Restricted Subsidiary of the Company has any obligation (a) to subscribe for additional shares of Capital Stock or other Equity Interests therein or make any additional capital contribution or similar payment or transfer thereto other than in connection with the sale (including a sale in exchange for a promissory note of or Equity Interest in such Accounts Receivable Subsidiary) of accounts receivable to such Accounts Receivable Subsidiary in accordance with Section 4.17 or (b) to maintain or preserve the solvency, any balance sheet term, financial condition, level of income or results of operations thereof.

  • Party/Parties means Buyer and Seller individually/collectively.

  • Affiliate Program The program we've set up for our affiliates as described in this Agreement.

  • Third-party logistics provider means a person that provides or coordinates warehousing of or other logistics services for a drug or device in interstate commerce on behalf of a manufacturer, wholesale distributor, or dispenser of the drug or device but does not take ownership of the product or have responsibility for directing the sale or disposition of the product.

  • Exculpated Party means, collectively, and in each case in its capacity as such: (a) the Debtors;

  • Purchaser Indemnified Person is defined in Section 5.1 of the Sale Agreement.

  • Excluded Persons means (A) the Company or any Regency Entity; (B) a trustee or other fiduciary holding securities under an employee benefit plan of the Company or any Regency Entity; (C) an underwriter temporarily holding securities pursuant to an offering of such securities; or (D) a corporation owned, directly or indirectly, by the shareholders of the Company in substantially the same proportions as their ownership of stock in the Company.

  • Collateral source shall have the meaning set forth in Section 8.5.

  • Related Group For Loan Group 1, Group 1 and for Loan Group 2, Group 2.

  • Related Party(ies) means, with respect to any Person, such Person’s Affiliates, and the partners, members, shareholders, directors, officers, employees, agents, trustees and advisors of such Person and of such Person’s Affiliates.

  • Poverty line means the nonfarm federal poverty line for the continental United States, as defined by the federal department of labor under 42 USC 9902 (2).

  • Data Security Breach means a breach of security leading to the accidental or unlawful destruction, loss, alteration, unauthorised disclosure of, or access to, Personal Data transmitted, stored, or otherwise processed.

  • Torture means the intentional infliction of severe pain or suffering, whether physical or mental, upon a person in the custody or under the control of the accused; except that torture shall not include pain or suffering arising only from, inherent in or incidental to, lawful sanctions;