Terminating Party definition

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

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Terminating Party has the meaning specified in Section 4.8(3).

Terminating Party has the meaning set forth in Section 10.2.

Examples of Terminating Party in a sentence

• The Terminating Party shall not be liable for any of the representations and warranties of the Terminated Party herein or in any related document or agreement, for any acts or omissions of the Terminated Party or for any losses incurred in respect of any Permitted Investment by the Terminated Party nor shall the Terminating Party or any successor Servicer or Special Servicer be required to purchase the Whole Loan hereunder.

• As compensation therefor, the Terminating Party as successor Servicer or Special Servicer, as the case may be, shall be entitled to all compensation with respect to the Whole Loan to which the Terminated Party would have been entitled that accrues after the date of the Terminating Party’s succession to which the Terminated Party would have been entitled if it had continued to act hereunder and, in the case of a successor special servicer, the Special Servicing Fee.

More Definitions of Terminating Party

Terminating Party means the Employee or the Company, as the case may be, who or which terminates the Employee's Employment by means of a Notice of Termination.

Terminating Party has the meaning given to it in Clause 13.1.

Terminating Party has the meaning given to it in section 2.6(b).

Terminating Party has the meaning set forth in Section 6.

Terminating Party shall have the meaning set forth in Section 7.9.

Terminating Party has the meaning set forth in Section 12(a).

Terminating Party has the meaning given in paragraph 7.1 of the General Terms and Conditions;