Prior Party definition

Prior Party means, (i) in relation to the 2008 Trustee: the 2007 Trustee; and (ii) in relation to the 2009 Trustee: the 2007 Trustee, and/or the 2008 Trustee.
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Prior Party means a prior lessor (other than Assignor) under the Lease, if applicable.
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Prior Party means a Third Party who, prior to the date hereof, has entered into a confidentiality agreement with the Company on or after the date of, and with the same or similar purpose as, the Confidentiality Agreement. A group of Persons that includes an Prior Party shall itself be considered a Prior Party, even if all members of such group are not each a Prior Party individually.
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Examples of Prior Party in a sentence

  • Licensee assumes the risk that a Prior Party may challenge the April 10, 1996 termination of the Prior License, whether by litigation, arbitration, or otherwise.

  • Assignee hereby agrees that any consent, approval, election, waiver or other similar action made or taken by, or binding upon, Assignor or a Prior Party with respect to the Engine or otherwise pursuant to the Lease, which in each such case is evidenced by a writing, shall be binding on Assignee.

  • This Agreement shall not be effective with respect to any Prior Party and shall not constitute a proxy, power of attorney, a voting trust or other agreement prohibited by Section 4.2 of the Prior Agreement with respect to any Prior Party or such Prior Party’s Key Holder Securities until such restrictive provisions of Section 4.2 of the Prior Agreement are terminated or waived with respect to such Prior Party or such Prior Party’s Key Holder Securities.

  • Assignee hereby agrees that any consent, approval, election, waiver or other similar action made or taken by, or binding upon, Assignor or a Prior Party with respect to the Aircraft or otherwise pursuant to the Lease, which in each such case is evidenced by a writing, shall be binding on Assignee.

  • If Buyer desires to retain separate counsel to represent Buyer with respect to a Prior Party Claim, Buyer may do so at Buyer’s own expense.

  • A group of Persons that includes an Excluded Person shall itself be considered an Excluded Person, even if all members of such group are not each an Excluded Person individually, provided that no member of the group is a Prior Party.

Related to Prior Party

  • Investor Party has the meaning set forth in Section 4.7.

  • Acquiring Party has the meaning given such term in Section 4.1.

  • Buyer Party means each of (i) the Buyer and (ii) each Affiliate of the Buyer that is a party to a Transaction Agreement.

  • Minor parent means an individual under the age of 18 who is not emancipated under 1968 PA 293, MCL 722.1 to 722.6, and who is either the biological parent of a child living in the same household or a pregnant woman.

  • Independent Third Party means any Person who, immediately prior to a contemplated transaction, does not own in excess of 5% of the Company’s Common Units on a fully-diluted basis (a “5% Owner”), who is not controlling, controlled by or under common control with any such 5% Owner and who is not the spouse or descendant (by birth or adoption) of any such 5% Owner or a trust for the benefit of such 5% Owner and/or such other Persons.