Noticed Party definition

Noticed Party has the meaning set forth in Section 13.1.

Noticed Party means the Party in receipt of notice that it is in Default. “Person” means and includes any individual, corporation, partnership, association,

Noticed Party has the meaning set forth in Section 5.1.3.1 (Material Communications).

Examples of Noticed Party in a sentence

• Alternatively, the parties may agree to have the Arbitration Proceeding conducted by a panel of three arbitrators, with one designated by the Invoking Party or Parties, one designated by the Noticed Party or Parties, and a third selected by the two arbitrators designated by the parties.

• Each person or entity identified as party to the dispute (a "Noticed Party") shall submit a response to the request to the FRCC President, the FRCC Chair and FRCC Vice Chair, and each other party to the dispute (the "Dispute Response").

• The Other Party will use reasonable efforts to perform an initial assessment and provide an indication of the impacts on its system to the Noticed Party within 65 days of receipt of the notice from the Noticed Party.

• Nothing in this Settlement Agreement shall be construed as an admission by the Noticed Party of any fact, finding, conclusion of law, issue of law, or violation of law; nor shall compliance with this Settlement Agreement constitute or be construed as an admission by the Noticed Party of any fact, finding, conclusion of law, issue of law, or violation of law, the same being specifically denied by the Noticed Party.

• The Noticed Party then expressed a desire to resolve the fee and cost issue shortly after the other settlement terms had been finalized.

More Definitions of Noticed Party

Noticed Party means the person or entity that is required to be noticed in the underlying abatement or enforcement action in which costs were incurred, but in all cases must include the record owner(s) of the property. A "Noticed Party" must be notified for purposes of cost or penalty recovery in the same manner as they were required to be noticed, either by Code or State law, in the abatement or enforcement action which resulted in the incurring of costs or penalties sought to be recovered under this chapter, and shall include notification by certified mail.

Noticed Party has the meaning set forth in Section 5.06.

Noticed Party has the meaning set forth in Section 10.3(a). Obligations and Liabilities and words of similar import include, without limitation, any direct or indirect indebtedness, guaranty, endorsement, claim, loss, damage, deficiency, cost, expense, obligation or responsibility, fixed or unfixed, known or unknown, asserted or unasserted, xxxxxx or inchoate, liquidated or unliquidated, secured or unsecured.

Noticed Party has the meaning set forth in 16.1.

Noticed Party means the person who has been served with a valid Indemnification Notice.

Noticed Party has the meaning assigned in Section 20.1.

Noticed Party has the meaning set forth in Section 6.01.