Asserting Party definition

Asserting Party means the party against whom a Claim is asserted and who seeks indemnification under this Agreement, and the term “Defending Party” shall mean the party from whom indemnification is sought under this Agreement.

Asserting Party has the meaning set forth in Section 8.5.

Asserting Party shall have the meaning set forth in Section 11.21.

Examples of Asserting Party in a sentence

• Specifically, the Asserting Party did not have, during the applicable reporting period, sufficient policies and procedures to capture the information with respect to the Platform Transactions necessary to determine compliance with Item 1122(d)(4)(xii).

• In response to a Securities and Exchange Commission comment, as of January 1, 2008, the Asserting Party has implemented practices and procedures to capture the information necessary to assess compliance with Item 1122(d)(4)(xii).

• The Asserting Party has determined that CBNA is not considered a "servicer" as defined in Item 1101(j) of Regulation AB, and the Asserting Party elects to take responsibility for assessing compliance with the servicing criteria or portions of servicing criteria applicable to CBNA's activities as set forth in Appendix 1 hereto.

• The transactions covered by this report, include commercial mortgage-asset-backed securities transactions, as listed on Exhibit 1 hereto, for which the Asserting Party served as special servicer, and that were registered with the Securities and Exchange Commission pursuant to the Securities Act of 1933 (the “Platform”); 2.

• The Asserting Party has assessed the effectiveness of its compliance with the applicable Servicing Criteria for the period of January 1, 2006 through December 31, 2006 (the “Reporting Period”).

More Definitions of Asserting Party

Asserting Party is defined in Section 4.2.1.

Asserting Party shall have the meaning set forth in Section 18.2.4 of this Agreement.

Asserting Party is defined in Section 3.1(d) herein.

Asserting Party has the meaning set forth in Article 32.2.3.

Asserting Party has the meaning set forth in the definition of Redirected Distribution Amount.

Asserting Party has the meaning set forth in Section 14.05.

Asserting Party shall have the meaning set forth in Section 12.4(a).