Providing Party definition
Examples of Providing Party in a sentence
For clarity, the Providing Party shall not be obligated to provide such increased scale or scope of Services unless the parties agree in writing on the Providing Party’s compensation for providing such increased scale or scope of Services and the timelines in which such Services are to be provided.
The Receiving Party shall timely remit to the proper Taxing Authority any amounts deducted or withheld pursuant to this Section 3.4(a), and send to the Providing Party proof of such remittance within 60 days thereof.
If the Receiving Party does not agree to bear the cost for a Consent as described in part (d) of the immediately preceding sentence, then, subject to the following sentence, the Providing Party shall be excused for any failure to provide the Services to the extent resulting from the failure to receive the relevant Consent.
Upon the Receiving Party’s written request that the Providing Party provide an Omitted Service, such Omitted Services shall be deemed to be “Services” under this Agreement, and the Providing Party shall begin performance of such service as soon as is reasonably possible and the parties have agreed on any amounts to be paid by the Receiving Party for such Omitted Services and reasonable adjustments to the Cap on Fees and Costs (defined below).
The Providing Party may, in its sole discretion, suspend the provision of the Services hereunder if the Receiving Party does not pay the Service Fees and Out-of-Pocket Costs within ten Business Days after the Due Date (and such non-payment continues for a further period of five Business Days following a written request by the Providing Party to the Receiving Party to cure such non-payment).