Owed Party definition

Owed Party has the meaning set forth in Section 6.1.
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Owed Party has the meaning set forth in Section 7.05 of this Agreement.
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Owed Party shall have the meaning set forth in Section 7.05.
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Examples of Owed Party in a sentence

  • In case the payment of any Invoice for charges payable under this Agreement is delayed by either Party (“Owing Party”) beyond its Due Date, a Late Payment Surcharge shall be payable by the Owing party to the Owed Party at the rate of the Standard Interest per year on the outstanding amount, calculated on a day to day basis for each day of the delay, compounded on monthly rests.

  • The Owing Party shall pay the Annual Payment Adjustment to the Owed Party on or before the Due Date.

  • Such compensation shall be paid within thirty (30) days after the issuance of the related invoice by the Owed Party and it shall be paid by the City Enterprise or the District Enterprise, as applicable, solely from the net revenues of their respective water utilities.

  • The annual reconciliation shall also take into account the XXXX Annual Energy Charge Adjustment in accordance with Clause 10.7.7. The Owed Party shall issue a Supplementary Invoice setting out the amount payable by the Owing Party under the reconciliation statement (“Annual Payment Adjustment”).

  • For deliveries in the remainder of calendar year 2013 and the full calendar year 2014, treatment charges shall be due from the Owing Party to the Owed Party on the Overage calculated at the rate of One Dollar and Thirty-Five and Zero Hundredths Cents ($1.3500) per thousand gallons of metered flows.

  • For deliveries in calendar year 2015, treatment charges shall be due from the Owing Party to the Owed Party on the Overage calculated at the rate of One Dollar and Sixty-Nine and Twenty Hundredths Cents ($1.6920) per thousand gallons of metered flows.

  • The Owed Party shall issue a Supplementary Invoice setting out the amount payable by the Owing Party under the reconciliation statement (“Annual Payment Adjustment”).

  • For deliveries in calendar year 2016, treatment charges shall be due from the Owing Party to the Owed Party on the Overage calculated at the rate of Two Dollar and Three and Thirty-Eight Hundredths Cents ($2.0338) per thousand gallons of metered flows.

  • The Owing Party agrees to transfer raw water from the Colorado-Big Thompson Project (“CBT”) to the Owed Party in an amount equal to the volume of the Overage.

  • For deliveries after the effective date and in the remainder of calendar year 2014, treatment charges shall be due from the Owing Party to the Owed Party on the Overage calculated at the rate of One Dollar and Sixty-Nine and Twenty Hundredths Cents ($1.6920) per thousand gallons of metered flows.


More Definitions of Owed Party

Owed Party has the meaning prescribed in Section 7.5.
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Owed Party has the meaning set forth in Section 8.04.
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Owed Party shall have the meaning set forth in Article III of this Agreement.
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Owed Party has the meaning prescribed in Section 4.03.
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Owed Party shall have the meaning set forth in Section 11.1(a) of this Agreement.
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Owed Party has the meaning given to it in Clause 7.4. Owing Party has the meaning given to it in Clause 7.4. Lessor means the owner of the Leased Premises.
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Related to Owed Party

  • Paying Party has the meaning set forth in Section 7.9.1.

  • Tax Authority means, with respect to any Tax, the governmental entity or political subdivision, agency, commission or authority thereof that imposes such Tax, and the agency, commission or authority (if any) charged with the assessment, determination or collection of such Tax for such entity or subdivision.

  • Disputing Party has the meaning specified in Paragraph 5.

  • Tax Indemnified Party shall have the meaning set forth in Section 7.6(d).

  • Tax Indemnitee as defined in Section 3.01(5).

  • Taxing entity means any county, city, town, school district, special taxing

  • Non-Paying Party is the Party that has not made payment by the Xxxx Due Date of all amounts within the xxxx rendered by the Billing Party.

  • Certificate Paying Agent means any paying agent or co-paying agent appointed pursuant to Section 3.10 and shall initially be Wilmington Trust Company.

  • Relevant Tax Authority means HMRC, or, if applicable, the tax authority in the jurisdiction in which the Supplier is established;

  • Taxing Authority means any domestic, federal, national, state, county or municipal or other local government, any subdivision, agency, commission or authority thereof, or any quasi-governmental body exercising any taxing authority or any other authority exercising Tax regulatory authority.

  • Claiming Party has the meaning set forth in Section 5.02.

  • Tax Matters Person Certificate The Class A-R Certificate with a Denomination of $0.01.

  • Indemnified Tax means (a) any Tax, other than an Excluded Tax, imposed on or with respect to any payment made by or on account of any obligation of the Borrower under any Loan Document and (b) to the extent not otherwise described in clause (a), Other Taxes.

  • Relevant Taxing Jurisdiction shall have the meaning specified in Section 4.07(a).

  • Tax Indemnifying Party shall have the meaning set forth in Section 7.6(d).

  • taxing officer means the Chief Registrar or such other officer of the Court as the Chief Judge may appoint to tax costs.

  • Auditing Party means the Party conducting an audit of the Audited Party’s books, records, data and other documents.

  • Tax Matter has the meaning set forth in Section 7.01.

  • Responding Party has the meaning set forth in Section 7.02(a).

  • Tax Matters Person Any person designated as "tax matters person" in accordance with Section 5.06 and the manner provided under Treasury Regulation ss. 1.860F-4(d) and Treasury Regulation ss. 301.6231(a)(7)-1.

  • IRS means the United States Internal Revenue Service.

  • Designating Party means the Party or non-party that designates Documents, Testimony, or Information as Confidential Material.

  • Disputing Parties means the claimant and the respondent;

  • Escrow Paying Agent Means the Person acting as paying agent under the Escrow Agreement.

  • Servicer Indemnified Party As defined in Section 8.05(c) of this Agreement.

  • Taxing Jurisdiction is defined in Section 13.