Solicited Party definition

Solicited Party has the meaning ascribed thereto in Subsection 7.2(b)(i);

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Solicited Party has the meaning ascribed to such term in Section 7.2(c);

Solicited Party means a party which has received a request for aid and assistance under the terms of this Agreement.

Examples of Solicited Party in a sentence

In the event that a party violates the non-solicitation provisions hereof, and such violation causes a Solicited Party’s employee or contractor to leave the Solicited Party’s employ, the Soliciting Party agrees to pay the Solicited Party a sum equal to the solicited employee’s annualized gross salary (including bonuses) in affect at the time of his/her departure from the Solicited Party.
In the event of a party’s violation or threatened violation of this Section, the Soliciting Party agrees that, without limiting any other legal or equitable remedies available to the Solicited Party, the Solicited Party shall be entitled to equitable relief by injunction or otherwise from any court of competent jurisdiction without the need to post a bond of any kind therefore.
In the event that a party violates the non‐ solicitation provisions hereof, and such violation causes a Solicited Party’s employee or contractor to leave the Solicited Party’s employ, the Soliciting Party agrees to pay the Solicited Party a sum equal to two (2) times the solicited employee’s annualized gross salary (including bonuses) in affect at the time of his/her departure from the Solicited Party.
Such notice shall indicate the identity of the Person making such proposal, inquiry, offer or request and include a copy of the Acquisition Proposal and such other material terms and conditions of the Acquisition Proposal known by the Solicited Party.
A Solicited Party shall promptly notify the Other Party, at first orally and then in writing within 24 hours following the date it receives or becomes aware of an Acquisition Proposal or any inquiry, proposal or offer that relates to or that constitutes or could lead to an Acquisition Proposal (or any request for copies of, access to, or disclosure of, any non-public or confidential information relating to the Solicited Party), in each case in connection with a potential Acquisition Proposal.

More Definitions of Solicited Party

Solicited Party shall have the meaning ascribed to such term in Section 2(b) of Schedule H;

Solicited Party shall have the meaning ascribed to it in Section 10;

Solicited Party means a Party who receives a written Acquisition Proposal which was not solicited or encouraged by such Party and did not otherwise result from a breach of the non-solicitation covenants in the Arrangement Agreement;

Solicited Party means any Person, other than Parent and its Subsidiaries:

Solicited Party has the meaning ascribed thereto in Section 7.1(c); “Solicited Party Meeting” has the meaning ascribed thereto in Section 7.4(d); “Spinco” has the meaning ascribed thereto in the preamble;

Solicited Party has the meaning given to such term in Section 6.3(a).

Solicited Party shall have the meaning ascribed to such term in Section 2(b) of Schedule I; (fffff)