Definition of Tendering Party

  1. Tendering Party means, in the event of a Third Party Claim, the party seeking indemnification.

Examples of Tendering Party in a sentence

  1. For purposes of this Section 8.6, (a) any Limited Partner (whether or not otherwise a Qualifying Party) may, in the General Partners sole and absolute discretion, be treated as a Qualifying Party that is a Tendering Party and (b) the provisions of Sections 15.1.F(2) and 15.1.F(3) hereof shall not apply, but the remainder of Section 15.1 hereof shall apply, mutatis mutandis.

Definition of Tendering Party in Master Purchase Agreement

Tendering Party means, in the event of a Third Party Claim, the party seeking indemnification.