Retiring Party definition

Retiring Party means ▇▇▇▇▇▇▇▇▇ Innovation Research Limited, who is releasing and discharging the obligations and liabilities under the Novated Contracts to the Substitute Party in accordance with the terms and conditions set forth herein.
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Retiring Party means the party identified as the Retiring Party in the Schedule.
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Examples of Retiring Party in a sentence

  • In circumstances where any of Sections 7.1(c) to (h) apply, the Corporation shall have the option to purchase for cancellation all (but not less than all) of the Shares owned by the Retiring Party, which option shall be exercised by giving written notice to the Retiring Party or his/her Personal Representative and by the other Shareholders within ninety (90) days of the said event, for a price and in the manner calculated and set forth in Sections 7.3 through 7.5 hereof.

  • This Agreement, including the Trademark License Agreement and the First Amendment thereto, contains the final, complete and exclusive understanding and agreement between the Retiring Party, the New Party and LMM with respect to the subject matter hereof, supersedes all prior oral and written understandings and may not be modified, nor may any of the provisions hereof be waived, except by a writing executed by LMM, the Retiring Party and the New Party.

  • All such liabilities shall remain the liabilities of, and are retained by, the Retiring Party.

  • Release of Retiring Party With effect on and from the effective date the continuing party releases the retiring party from all its obligations under the contract and all actions, claims or proceedings that it may have against the retiring party under or in respect of the contract relating to any act or omission of the retiring party on or after the effective date.

  • In consideration of the Substituting Party assuming the Liability of the Retiring Party.

  • LMM and Retiring Party entered into the First Amendment to the Trademark License Agreement on September 23, 2022 herein attached as Exhibit II.

  • The Retiring Party and the Substituting Party are jointly and severally liable for the Continuing Party's legal costs associated with the negotiation.

  • SL a company established and existing under the laws of Spain, with an office at [*] (“LMM”) Hereinafter, Retiring Party, New Party and LMM shall be jointly referred to collectively as the “Parties” and each of them, individually, as a “Party”.

  • The Retiring Party shall remain liable to LMM for losses incurred from third party claims against LMM that result from actions taken by the Retiring Party in the performance of its obligations under the Trademark License Agreement or the operation of the Messi Store.

  • Kāinga Ora—Homes and Communities (the Retiring Party) [INSERT] Limited (CN [INSERT COMPANY NUMBER] (the New Party) [INSERT] Limited (CN [INSERT COMPANY NUMBER]) (the Continuing Party) A The Retiring Party and the Continuing Party are parties to the Agreement.