Secondary Party definition

Secondary Party denotes the Party that does not xxxx the FX customer, when, by mutual agreement of the Parties, only one of the Parties bills the FX customer for the facilities provided by both Parties.

Secondary Party means a drawer or endorser.

Secondary Party has the meaning specified in Section 2.4 of this Agreement.

Examples of Secondary Party in a sentence

• If the Secondary Party does not have tariff rates applicable for the facilities that it has provided for its portion of the FX Service, the Primary Party will reimburse the Secondary Party based on rates negotiated between the Parties.

• In this case, the Primary Party will compensate the Secondary Party for the portion of the FX Service that the Secondary Party provides based on the Secondary Party’s applicable tariffed rates for the facilities that the Secondary Party provides.

• Notwithstanding the foregoing, the Secondary Party, at its expense, shall have the right to be represented by counsel of its choice in any such proceeding.

• In the event that only one Party bills the FX customer for the entire FX service, within thirty (30) calendar days after the end of each billing period, the Primary Party will remit the compensation amount due the Secondary Party.

• Notwithstanding the foregoing, the Secondary Party, at its expense, shall have the right to be represented by counsel of its choice in any proceeding governed by this Section 6.5.

More Definitions of Secondary Party

Secondary Party. See Black’s Law Dictionary, 6th ed. , Secondary parties. See also UCC § 3-201 “Secured Party” refers to the real Woman and natural named herein in all derivatives thereof; (also considered Creditor.) See also Black’s Law Dictionary 6th ed. and UCC § 9-105 (m) “Securities” See Black’s Law Dictionary, 6th ed. See also UCC §§ 8-102 (l) (c) 8-105 “Security Interest” See Black’s Law Dictionary, 6th ed and UCC § 1-201 (37) “Seller” See Black’s Law Dictionary, 6th ed. and UCC § 201-3 (l) (d)

Secondary Party has the meaning ascribed thereto in Section 10.5;

Secondary Party as used herein shall have the meaning set forth in SECTION 5.8.

Secondary Party. See Black’s Law Dictionary, 6th ed. , Secondary parties. See also UCC § 3-201

Secondary Party has the meaning given in clause 20.1.

Secondary Party means, where a Party is identified as having the first right to take or control an action, the other Party.

Secondary Party means a drawer or endorser. (f) "Instrument" means a negotiable instrument.