Retiring Party definition

Retiring Party means Xxxxxxxxx Innovation Research Limited, who is releasing and discharging its obligations and liabilities under the Novated Contracts, in accordance with the terms and conditions set forth herein.
Sample 1
Retiring Party means the party identified as the Retiring Party in the Schedule.
Sample 1

Examples of Retiring Party in a sentence

  • 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) BACKGROUND A The Retiring Party and the Continuing Party are parties to the Agreement.

  • B With effect on and from the Effective Date, the Retiring Party wishes to novate all of its rights and obligations under the Agreement to the New Party and to be released from its obligations under the Agreement.

  • The Continuing Party agrees to release and discharge the Retiring Party from the operation of the Contracts.

  • The New Party undertakes to perform the obligations of the Retiring Party under the Contracts in accordance with the terms and conditions of this Deed.

  • The Retiring Party and the Continuing Party entered into contracts specified in the Schedule for the provision of [insert description of services] (“ Contracts”).

  • The Continuing Party and the Retiring Party agree to novate the Contracts.

  • The Retiring Party and the Continuing Party are parties to the Contract.

  • Clauses 25.1, 25.2, 26.1, 26.2, 26.3(a) and (b), 27, 29, 30, 31.1, 31.2, 31.3, 32, 33 and 34 of the Final Funding Agreement shall apply to this deed except that under clause 30 references to JHISE/Performing Subsidiary and their address shall be replaced by a reference to the Retiring Party and the Retiring Party’s relevant address and references to NSW Government and its address for notices shall be replaced by a reference to the Substituting Party and its relevant address.

  • If the Retiring Party provides notice to the Continuing Party under clause4.2, the parties acknowledge and agree that this deed will immediately terminate, and cease to have any force or effect.

  • The Retiring Party unconditionally and irrevocably indemnifies Prima on demand against any claim, loss, liability or expense which Prima incurs, pays, or is liable for, arising directly or indirectly from an act or omission of the Retiring Party in respect of the Principal Agreement.

Related to Retiring Party

  • Supplemental Agent has the meaning set forth in Section 9.14(a) and “Supplemental Agents” shall have the corresponding meaning.

  • Holdout Lender has the meaning specified therefor in Section 12.02(b).

  • Continuing Lender as defined in Section 2.17(a).

  • Notifying Lender has the meaning given in Clause 23.1 or Clause 24.1 as the context requires;

  • Terminating Party As defined in Section 7.1(f).

  • Notice of Replacement Subordination Agent has the meaning specified in Section 3.08.

  • Supplemental Administrative Agent has the meaning specified in Section 9.13(a) and “Supplemental Administrative Agents” shall have the corresponding meaning.

  • Subject Lender has the meaning assigned to that term in subsection 2.9.

  • Affected Lender has the meaning specified therefor in Section 2.13(b) of the Agreement.

  • Terminated Lender as defined in Section 2.23.

  • Bankrupt Party has the meaning set forth in Section 14.7.

  • Impacted Lender means a Defaulting Lender or a Lender as to which (a) the Administrative Agent or L/C Issuer has a good faith belief that such Lender has defaulted in fulfilling its obligations under one or more other syndicated credit facilities or (b) an entity that controls such Lender has been deemed insolvent or become the subject of a bankruptcy or insolvency proceeding.

  • Appointment Expiration Time has the meaning set forth in Section 3.7.

  • Terminated Party As defined in Section 7.01(c) of this Agreement.

  • Term Administrative Agent shall have the meaning set forth in the recitals hereto.

  • Project Lender means a commercial bank, savings bank, savings and loan association, credit union or other financial institution that has loaned funds to the Developer to be used for construction of the Redevelopment Project and has secured such loan with a mortgage or security interest in the Redevelopment Project.

  • Supplemental Administrative Agents shall have the corresponding meaning.

  • Secured Party Designation Notice means a notice from any Lender or an Affiliate of a Lender substantially in the form of Exhibit H.

  • Collateral Representative (i) in respect of the ABL/Term Loan Intercreditor Agreement, the ABL Collateral Representative (as defined therein) and the Term Loan Collateral Representative (as defined therein), (ii) if any Junior Lien Intercreditor Agreement is then in effect, the Senior Priority Representative (as defined therein) and (iii) if any Other Intercreditor Agreement is then in effect, the Person acting as representative for the Collateral Agent and the Secured Parties thereunder for the applicable purpose contemplated by this Agreement and the Guarantee and Collateral Agreement.

  • Declining Lender has the meaning specified in Section 2.05(c).

  • Designating Party means the Party or non-party that designates Documents, Testimony, or Information as Confidential Material.

  • Administrative Agents the collective reference to the General Administrative Agent and the Canadian Administrative Agent.

  • Required Party has the meaning set forth in Section 4.03 of this Agreement.

  • Delinquent Lender has the meaning provided in SECTION 8.15.

  • First Lien Administrative Agent means the “Administrative Agent” as defined in the First Lien Credit Agreement.

  • ABL Administrative Agent means Bank of America in its capacity as administrative agent and collateral agent under the ABL Facilities Documentation, or any successor administrative agent and collateral agent under the ABL Facilities Documentation.