Winning Party definition
Examples of Winning Party in a sentence
Beneficiaries of the Joint Agreement dated November 21, 1986 who fail to become signatories to this Agreement as a result of not signing and returning to Winning Party the Counterpart signature page and Qualifications Questionnaire before April 29, 1988 shall thereby forfeit all rights in this Partnership, and shall forfeit all contract and all other rights associated with cellular telephone business in the Market, subject to prior FCC consent, if any is necessary.
All reasonable costs of the Winning Party incurred in connection with the arbitration of any Disputed Mortgage Loan shall be reimbursed by the Losing Party; provided, that, in the event that American General is the Winning Party with respect to any Disputed Mortgage Loan, the “Losing Party” shall be deemed to refer to the applicable Requesting Certificateholders (and, for the avoidance of doubt, neither the Trustee nor the Trust Fund shall be required to pay such reasonable costs to American General).
Notwithstanding anything herein to the contrary, if any issue with respect to any Mortgage Loan is decided pursuant to an Arbitration Review and American General is the Winning Party of the related arbitration then in no event shall (i) there be any arbitration in connection with a substantially similar issue with respect to such Mortgage Loan or (ii) the applicable Seller or American General be required to repurchase such Mortgage Loan in connection with any substantially similar issue.
In such event, the Winning Party must give prompt written notice to such effect to the Losing Party.
In the event that American General is the Winning Party with respect to any Disputed Mortgage Loan included in an Arbitration Review, American General shall not be required to repurchase such Disputed Mortgage Loan.