PARTY OF THE FIRST PART definition

PARTY OF THE FIRST PART shall have the meaning ascribed to such term in Section 11.1(c).
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PARTY OF THE FIRST PART means the RDMW.
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PARTY OF THE FIRST PART or “County” or “Owner” shall mean the County of Boone, Missouri, acting through its authorized County Officials, or appointed representatives.
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Examples of PARTY OF THE FIRST PART in a sentence

  • PARTY OF THE FIRST PART: SCHOOL BOARD: President Business Manager To be valid this contract must be returned to the Superintendent by Education Differential APPENDIX F REDUCTION IN FORCE Staff Assessment Tool Certification Meets certification and highly qualified standards for assignment 4 pts.

  • This Escrow Agreement made this day of , 2021 BETWEEN: ,(hereinafter called the Purchaser) PARTY OF THE FIRST PART - and - TOWN OF SMOOTH ROCK FALLS (hereinafter called the “Vendors”) PARTY OF THE SECOND PART - and - WISHART LAW FIRM LLP (hereinafter called the “Trustee”) PARTY OF THE THIRD PART.

  • ANY DAMAGE OR CLEANUP IS THE RESPONISBILITY OF THE PARTY OF THE FIRST PART.

  • It is emphasized by the PARTY OF THE FIRST PART and understood by the PARTY OF THE SECOND PART that the period of delivery, stipulated in the supply order is the essence of the work.

  • SIGNED FOR: SIGNED FOR: THE BOARD OF EDUCATION, THE CANADIAN UNION OF PUBLIC School District No. 60 EMPLOYEES, LOCAL 4653 (Peace River North) PARTY OF THE FIRST PART PARTY OF THE SECOND PART Original signed by Xxxxxxx Xxxxxxxxx Original signed by Xxxxx Xxxxxx , CHAIRPERSON OF THE BOARD PRESIDENT OF THE UNION Original signed by Xxxx Xxxxxx Original signed by Xxxxx Xxxxxxxxxx .

  • Violations committed by the sub-contractor, therefore, shall be considered as violations committed by the PARTY OF THE SECOND PART itself, and thereby subject this AGREEMENT to cancellation by the PARTY OF THE FIRST PART.

  • Within four (4) years from the extension of this AGREEMENT, the PARTY OF THE SECOND PART shall sell or offer for sale, under such terms and conditions as may be determined by the PARTY OF THE FIRST PART or his representative, at least 10% of the subscribed capital stock to its employees or the general public.

  • Nothing in this arrangement shall or shall be deemed to constitute THE PARTY OF THE FIRST PART as the legal representative or agent, of THE PARTY OF THE SECOND, unless otherwise specified and if so specified, then only to the extent as specified for any purpose whatsoever.

  • For the purposes of Regulation 25(5) of the Regulations, if Council rejects an application the General Manager will advise the applicant of the reasons for rejection.

  • The acquisition of additional machinery or equipment such as skidder, yarding, engines, logging trucks, tractors and bulldozers or processing plant of any kind, or replacement of existing ones which have been rendered unserviceable, may be made only upon approval of the PARTY OF THE FIRST PART or his representative.


More Definitions of PARTY OF THE FIRST PART

PARTY OF THE FIRST PART. AND: Sea 2 Sky Corporation 0000 Xxxxxx Xxxx, Ferndale, WA 98248 PARTY OF THE SECOND PART (hereinafter the "Assignees")
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PARTY OF THE FIRST PART. The PUERTO RICO LANDS AUTHORITY, hereinafter called the "Lessor," a public corporation and government instrumentality of the Commonwealth of Puerto Rico, represented herein by its Executive Director, MX. XXXXXXXX XXXXXX MACHADO-ECHEVARRIA, of legal age, married, attorney and agronomist, and resident of Toa Baja, Puerto Rico, Social Security Number 584- 57-6622. AND AS PARTY OF THE SECOND PART: MXXXX NURSERY FARMS, INC., hereinafter called the "Lessee," a corporation duly authorized under the laws of the Commonwealth of Puerto Rico, with employer Social Security Number 60-0000000, represented herein by its President, MX. XXXXXXX X. SPECTOR, of legal age, married, farm operator, and resident of Dorado, Puerto Rico, Social Security Number ###-##-####. And they hereby: STATE
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PARTY OF THE FIRST PART. PARTY OF THE SECOND PART: LITHIA MOTORS, INC. LITHIA PROPERTIES, L.L.C. [Signature] [Signature] ------------------------------ -------------------------------
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PARTY OF THE FIRST PART. The PUERTO RICO LANDS AUTHORITY, hereinafter called the "Lessor," a public corporation and government instrumentality of the Commonwealth of Puerto Rico, represented herein by its Executive Director, MR. FERNANDO MANUEL MACHADO-ECHEVARRIA, of legal age, married, axxxxxxx xxx xxxxxxxxxx, and resident of Toa Baja, Puerto Rico, Social Security Number 584- 57-6622. AND AS PARTY OF THE SECOND PART: MARGO NURSERY FARMS, INC., hereinafter called the "Lessee," a coxxxxxtion duly authorized under the laws of the Commonwealth of Puerto Rico, with employer Social Security Number 66-0557816, represented herein by its President, MR. MICHAEL J. XXXXXXX, xf legal age, married, farm operator, anx xxxxxxxx xx Dorado, Puerto Rico, Social Security Number ###-##-####. And they hereby: STATE
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Related to PARTY OF THE FIRST PART

  • Discharge of Second Lien Obligations means the occurrence of all of the following:

  • Prior Security Interest means a valid and enforceable perfected first-priority security interest under the Uniform Commercial Code in the Collateral which is subject only to statutory Liens for taxes not yet due and payable or Purchase Money Security Interests.

  • Discharge of Senior Obligations means the date on which the Discharge of Credit Agreement Obligations and the Discharge of each Additional Senior Debt Facility has occurred.

  • Debtor in Possession means any Debtor, in its capacity as a debtor in possession pursuant to sections 1107(a) and 1108 of the Bankruptcy Code.

  • Lien means any mortgage, pledge, security interest, encumbrance, lien or charge of any kind (including any conditional sale or other title retention agreement or lease in the nature thereof).

  • Discharge of Senior Lender Claims means, except to the extent otherwise provided in the Intercreditor Agreement, payment in full in cash (except for contingent indemnities and cost and reimbursement obligations to the extent no claim has been made) of (a) all Obligations in respect of all outstanding First Priority Lien Obligations and, with respect to letters of credit or letter of credit guaranties outstanding thereunder, delivery of cash collateral or backstop letters of credit in respect thereof in compliance with the Revolving Credit Agreement, in each case after or concurrently with the termination of all commitments to extend credit thereunder and (b) any other First Priority Lien Obligations that are due and payable or otherwise accrued and owing at or prior to the time such principal and interest are paid; provided that the Discharge of Senior Lender Claims shall not be deemed to have occurred if such payments are made with the proceeds of other First Priority Lien Obligations that constitute an exchange or replacement for or a refinancing of such Obligations or First Priority Lien Obligations. In the event the First Priority Lien Obligations are modified and the Obligations are paid over time or otherwise modified pursuant to Section 1129 of the Bankruptcy Code, the First Priority Lien Obligations shall be deemed to be discharged when the final payment is made, in cash, in respect of such indebtedness and any obligations pursuant to such new indebtedness shall have been satisfied.

  • First Priority Secured Parties means the First Priority Representative, the First Priority Creditors and any other holders of the First Priority Obligations.

  • Permitted Liens means, with respect to any Person:

  • First Priority Obligations means, collectively, (i) the Credit Agreement Secured Obligations, (ii) each Series of Other First-Priority Obligations and (iii) any other First-Priority Hedging Obligations and First-Priority Cash Management Obligations (which shall be deemed to be part of the Series of Other First-Priority Obligations to which they relate to the extent provided in the applicable Other First-Priority Agreement).

  • Additional First Lien Obligations means, with respect to any Series of Additional First Lien Obligations, (a) all principal of, and interest (including, without limitation, any interest which accrues after the commencement of any Bankruptcy Case, whether or not allowed or allowable as a claim in any such proceeding) payable with respect to, such Additional First Lien Obligations, (b) all other amounts payable to the related Additional First Lien Secured Parties under the related Additional First Lien Documents and (c) any renewals of extensions of the foregoing.

  • Discharge of First Lien Obligations shall have the meaning assigned to such term in the Intercreditor Agreement.

  • Additional First Lien Documents means, with respect to any Series of Additional First Lien Obligations, the notes, credit agreements, indentures, security documents and other operative agreements evidencing or governing such Indebtedness, and each other agreement entered into for the purpose of securing any Series of Additional First Lien Obligations.

  • Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.

  • Second Priority Secured Parties means the Second Priority Representative, the Second Priority Creditors and any other holders of the Second Priority Obligations.

  • Discharge of Priority Lien Obligations means the occurrence of all of the following:

  • Event of Insolvency means, for any Person:

  • Second Priority Obligations means (a) with respect to the Existing Second Priority Agreement, all “Secured Obligations” of each Loan Party as defined in the “Security Agreement” referred to in the Existing Second Priority Agreement and (b) with respect to each other Second Priority Agreement, (i) all principal of and interest (including without limitation any Post-Petition Interest) and premium (if any) on all indebtedness under such Second Priority Agreement, and (ii) all guarantee obligations, fees, expenses and other amounts payable from time to time pursuant to the applicable Second Priority Documents, in each case whether or not allowed or allowable in an Insolvency Proceeding. To the extent any payment with respect to any Second Priority Obligation (whether by or on behalf of any Loan Party, as proceeds of security, enforcement of any right of setoff or otherwise) is declared to be a fraudulent conveyance or a preference in any respect, set aside or required to be paid to a debtor in possession, any First Priority Secured Party, receiver or similar Person, then the obligation or part thereof originally intended to be satisfied shall, for the purposes of this Agreement and the rights and obligations of the First Priority Secured Parties and the Second Priority Secured Parties hereunder, be deemed to be reinstated and outstanding as if such payment had not occurred.

  • Security Interest means any mortgage, pledge, security interest, encumbrance, charge or other lien (whether arising by contract or by operation of law).

  • Other First Liens means Liens on the Collateral that are pari passu with the Liens thereon securing the Term B Loans (and other Loan Obligations that are pari passu with the Term B Loans) pursuant to a Permitted Pari Passu Intercreditor Agreement.

  • Insolvency Event means, with respect to a specified Person, (a) the filing of a decree or order for relief by a court having jurisdiction in the premises in respect of such Person or any substantial part of its property in an involuntary case under any applicable federal or state bankruptcy, insolvency or other similar law now or hereafter in effect, or appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator or similar official for such Person or for any substantial part of its property, or ordering the winding-up or liquidation of such Person’s affairs, and such decree or order shall remain unstayed and in effect for a period of 60 consecutive days; or (b) the commencement by such Person of a voluntary case under any applicable federal or state bankruptcy, insolvency or other similar law now or hereafter in effect, or the consent by such Person to the entry of an order for relief in an involuntary case under any such law, or the consent by such Person to the appointment of or taking possession by a receiver, liquidator, assignee, custodian, trustee, sequestrator or similar official for such Person or for any substantial part of its property, or the making by such Person of any general assignment for the benefit of creditors, or the failure by such Person generally to pay its debts as such debts become due, or the taking of action by such Person in furtherance of any of the foregoing.

  • Permitted Priority Liens means Liens permitted under any of the clauses (b), (c), (d), (e), (f) or (i) of Section 9.02.

  • Structured Finance Obligation means any obligation issued by a special purpose vehicle and secured directly by, referenced to, or representing ownership of, a pool of receivables or other financial assets of any obligor, including collateralized debt obligations and mortgaged-backed securities. For the avoidance of doubt, if an obligation satisfies the definition of “Structured Finance Obligation”, such obligation shall not (a) qualify as any other category of Portfolio Investment and (b) be included in the Borrowing Base.

  • Initial Additional First Lien Obligations means the [Obligations] as such term is defined in the Initial Additional First-Lien Security Agreement.

  • Permitted Lien means the individual and collective reference to the following: (a) Liens for taxes, assessments and other governmental charges or levies not yet due or Liens for taxes, assessments and other governmental charges or levies being contested in good faith and by appropriate proceedings for which adequate reserves (in the good faith judgment of the management of the Company) have been established in accordance with GAAP, (b) Liens imposed by law which were incurred in the ordinary course of the Company’s business, such as carriers’, warehousemen’s and mechanics’ Liens, statutory landlords’ Liens, and other similar Liens arising in the ordinary course of the Company’s business, and which (x) do not individually or in the aggregate materially detract from the value of such property or assets or materially impair the use thereof in the operation of the business of the Company and its consolidated Subsidiaries or (y) are being contested in good faith by appropriate proceedings, which proceedings have the effect of preventing for the foreseeable future the forfeiture or sale of the property or asset subject to such Lien and (c) Liens incurred in connection with Permitted Indebtedness.

  • Additional Senior Obligations means all indebtedness of the Company whether incurred on or prior to the date of this Indenture or thereafter incurred, for claims in respect of derivative products such as interest and foreign exchange rate contracts, commodity contracts and similar arrangements; provided, however, that Additional Senior Obligations does not include claims in respect of Senior Debt or Subordinated Debt or obligations which, by their terms, are expressly stated to be not superior in right of payment to the Debentures or to rank pari passu in right of payment with the Debentures. For purposes of this definition, "claim" shall have the meaning assigned thereto in Section 101(4) of the United States Bankruptcy Code of 1978, as amended.

  • First Priority Liens means all Liens that secure the First Priority Lien Obligations.