applicant Party definition

applicant Party means the Contracting Party requesting information;

applicant Party means the Party requesting information;

applicant Party means, with respect to a Letter of Credit, the Borrower that requested such Letter of Credit.

Examples of applicant Party in a sentence

• The competent authority of the requested Party shall provide upon request of the applicant Party information for the purposes referred to in Article 1.

• The requested Party shall not be required to obtain or provide information that the applicant Party would not be able to obtain under its own laws or in the normal course of its administrative practice for purposes of the administration or enforcement of its own tax laws or in response to a valid request made in similar circumstances from the requested Party under this Agreement.

• The competent authority of the applicant Party shall only make a request for information pursuant to this Article when it is unable to obtain the requested information by other means available in its own territory, except where recourse to such means would give rise to disproportionate difficulty.

• By reasonable notice given in advance, the applicant Party may request that the requested Party allows representatives of the competent authority of the applicant Party to enter the territory of the requested Party, to the extent permitted under the law of the last-mentioned Party, to interview individuals and examine records with the written consent of the persons concerned.

• Unless the competent authorities of the Contracting Parties otherwise agree, ordinary costs incurred in providing assistance under this Agreement shall be borne by the requested Party, and extraordinary costs incurred in providing assistance or implementation procedures related to this Agreement shall be borne by the applicant Party.

More Definitions of applicant Party

applicant Party means the Contracting Party requesting m) the term “requested Party” means the Contracting Party requested to provide n) the term “information gathering measures” means laws and administrative or judicial procedures that enable a Contracting Party to obtain and provide the requested information; whatever;

applicant Party means, in respect of each Member State, any institution which makes a request for information, notification or recovery concerning a claim as defined above,

applicant Party means, with respect to a Letter of Credit, the Loan Party for whose account such Letter of Credit is being issued (with all CL Letters of Credit to be issued for the account of the applicable CL Borrower).

applicant Party means, in respect of each Member State, any insti­ tution which makes a request for information, notification or recovery concerning a claim as defined above,

applicant Party means, with respect to a Letter of Credit, (i) the Borrower that requested such Letter of Credit and (ii) in the case of Letters of Credit with respect to which the U.S. Borrower and a Subsidiary are co-applicants, collectively, the U.S. Borrower and such Subsidiary.

applicant Party means the Customer and the Guarantor(s).

applicant Party means each of: (i) the Applicant; (ii) the Operator; (iii) any person or entity that has a direct or indirect ownership interest in the Applicant or the Operator equal to or greater than 5 percent; and (iv) any Casino Key Employee.