Nominated Third Party definition

Nominated Third Party has the meaning given in Clause 6.4; “Nomination” has the meaning given in Clause 5.1;
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Nominated Third Party means (i) a third party customer to whom the Supplier grants a sub- licence to use the Assets for the Permitted Use subject to the terms of this Agreement and to such Nominated Third Party being notified to the Authority, all pursuant to Clauses 2.9 - 2.11;
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Nominated Third Party has the meaning given in Clause 6.4; “Nominated Withdrawal Quantity” has the meaning given in Clause 5.2(e); “Nominated Withdrawal Rate” has the meaning given in Clause 5.2(d);
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Examples of Nominated Third Party in a sentence

  • In the case where an Asset hosts deployed Equipment, then the Authority shall not interfere with (i) the use of such Asset or (ii) the operation of the Equipment for the Permitted Use, of or by the Supplier (or the Nominated Third Party, as the case may be), except where the Equipment is affecting the normal operation of the Assets or the Authority is carrying our preventative or reactive maintenance, which shall be notified to the Supplier where possible.

  • The Authority shall have the right at any time to inspect all installations of the Equipment and seek its removal at the Supplier’s cost in the event it is affecting the ordinary purpose and operation of the Asset, only where the Equipment is not complying with the Permitted Use and further only after the Supplier (or its Nominated Third Party as the case may be) has been given reasonable opportunity to resolve any issues identified by such inspection, at the Supplier’s cost.

  • If a quotation is obtained from the Nominated Third Party, the Supplier shall use all reasonable endeavours to achieve the quoted price.

  • Following an incident where an Asset is damaged beyond repair, the Supplier will coordinate with the Authority and the Nominated Third Party (as applicable) to determine a replacement and re-build decision.

  • Title to and property in the Equipment shall remain vested in the Supplier (or a Nominated Third Party, as the case may be) at all times.

  • In relation to a proposed Third Party Transaction the Supplier shall have the option to match the prices offered by the Nominated Third Party.

  • If the Supplier (or the Nominated Third Party as the case may be) needs to install a Fixed Connection to an Asset it will obtain all Necessary Consents to undertake the Works, and it will undertake any restoration works, at its own cost, that may be required.

  • The Supplier shall be required to enter into a Third Party Transaction if the Nominated Third Party is an Authorised Trading Counterparty.

  • Any Third Party Transaction requested by the Authority will be entered into by the Trading Party (acting on behalf of the Supplier) and the Nominated Third Party.

  • If the Supplier (or the Nominated Third Party as the case may be) needs to install a Fixed Connection to an Asset it will obtain all necessary consents and permissions to undertake the Works, and it will undertake any restoration works, at its own cost, that may be required.


More Definitions of Nominated Third Party

Nominated Third Party has the meaning given in clause 5.12; "Nominated Withdrawal Quantity" has the meaning given in clause 5.3(c); "Nomination" means an Injection Nomination or a Withdrawal Nomination; "Notifying Party" has the meaning given in clause 16.1;
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Nominated Third Party a person or body nominated by the Authority from time to
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Nominated Third Party means the nominated third party defined in clause 16.2(c)(iii).
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Nominated Third Party as specified in clause 5.12;
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Related to Nominated Third Party

  • Nonaffiliated third party means any person except:

  • Independent Third Party means any Person who, immediately prior to a contemplated transaction, does not own in excess of 5% of the Company’s Common Units on a fully-diluted basis (a “5% Owner”), who is not controlling, controlled by or under common control with any such 5% Owner and who is not the spouse or descendant (by birth or adoption) of any such 5% Owner or a trust for the benefit of such 5% Owner and/or such other Persons.

  • Nominated Person means a person who is a member, or a member and Officer, of the Association

  • Qualified third party means 1 or more of the following: