Specified Third Party definition

Specified Third Party means, in relation to a Nominated Member, an associate, and any person who is or was a Client of the Nominated Member.
Specified Third Party means, in relation to a Nominated Member, an associate, and any person
Specified Third Party a “Specified Third Party” as that terms is defined in 11.1.2;

Examples of Specified Third Party in a sentence

  • Upon the cession of any such Specified Policy, the Parties will make the payments required by Section 8(a)(vi) and, without duplication, with respect to the Specified Third Party Reinsurance and any other Third Party Reinsurance covering the Specified Policies, in each case, that is commuted or recaptured prior to or upon the effectiveness of such cession and assumption, Section 8(a)(v).

  • Subject to the Specified Third Party Software, Cloudhouse warrants that it and/or its licensors own all right, title, and interest in and to the Developed Software, it has a valid license to the Core Software and that it has full power to enter into and perform this Agreement including the grant of rights in Section 2.

  • If at any time you or any Specified Third Party shall be required by law to make any deduction or withholding from any payment due from you or any Specified Third Party to us, you shall simultaneously pay to us (or, where such payment is due from a Specified Third Party, procure the payment to us) such additional amount as may be necessary to ensure that we receive a net sum equal to the payment we would have received had no deduction or withholding been made.

  • Further, to the extent the Bank or the Specified Third Party elects to sell, assign or transfer such Specified Portfolio pursuant to a bidding process, then Elavon shall be entitled to participate in such bidding process and Elavon, and any offer it shall make, shall be given equal consideration therein.

  • If, at any time on or prior to the Designated Date, such Indemnitee receives any Net Alternative Recovery Amount with respect to such insurance claim or claim against such Specified Third Party, such Indemnitee shall pay any portion of such Net Alternative Recovery Amount that would have reduced the amount of Damages recoverable by such Indemnitee from the Indemnity Escrow Fund back to the Indemnity Escrow Fund.

  • If the Offeror does not so sell (whether or not subject to any condition) its Subject Interest to such Specified Third Party within such thirty day period, or if the Offeror does so sell but such sale fails due to any suspensive condition of such sale, all of the foregoing provisions of this 11 shall apply again de novo.

  • You acknowledge that failure to satisfy such a demand in full and in any event in accordance with its terms may constitute an Event of Default and could entitle us to exercise any right or remedy available to us (i) under the General Terms as supplemented by these Banking and Custody Special Terms; and/or (ii) the Security Agreement(s) and/or (iii) under any other documentation entered into by us with you or any other person (including any Specified Third Party) under applicable law.

  • Customer acknowledges that the Software contains the Specified Third Party Software (which may include open source software) and that Customer’s use of the Specified Third Party Software will be subject to separate license terms with the relevant licensors.

  • For the avoidance of doubt, it is recorded that if a Shareholder wishes to Dispose of its Shares and Corresponding Loan Account to another Shareholder (other than in circumstances in which this Agreement allows that Disposal without the application of this 11), then this 11 shall apply and that other Shareholder shall be the Specified Third Party referred to in this 11.1.

  • You acknowledge that all of your liabilities and all of the liabilities of any Specified Third Party outstanding under such derivatives facilities will be secured in our favour pursuant to the Security Agreement(s) and such liabilities are, for the avoidance of doubt, subject to the Collateral provisions as set out under Banking and Custody Special Terms 8.4, 8.5 and 8.6.


More Definitions of Specified Third Party

Specified Third Party means any person to whom we grant or make available any Specified Third Party Facilities.
Specified Third Party means the entity listed on Schedule A-8.
Specified Third Party means the entities listed in Section 1.1(e) of the Disclosure Schedule. “Straddle Period” means a taxable period that begins before and ends after the Closing.
Specified Third Party means the entities listed in Section 1.1(e) of the Disclosure Schedule.
Specified Third Party has the meaning specified in Section 9.03.

Related to Specified Third Party

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

  • Specified Transactions means (a) any Specified Disposition, (b) any Permitted Acquisition and (c) the Transactions.

  • 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.

  • Nonaffiliated third party means any person except:

  • Valid Third Party Entity In respect of any transaction, any third party that the Calculation Agent determines has a bona fide intent to enter into or consummate such transaction (it being understood and agreed that in determining whether such third party has such a bona fide intent, the Calculation Agent shall take into consideration the effect of the relevant announcement by such third party on the Shares and/or options relating to the Shares and, if such effect is material, may deem such third party to have a bona fide intent). Nationalization, Insolvency or Delisting: Cancellation and Payment (Calculation Agent Determination); provided that, in addition to the provisions of Section 12.6(a)(iii) of the Equity Definitions, it will also constitute a Delisting if the Exchange is located in the United States and the Shares are not immediately re-listed, re-traded or re-quoted on any of the New York Stock Exchange, The NASDAQ Global Select Market or The NASDAQ Global Market (or their respective successors); if the Shares are immediately re-listed, re-traded or re-quoted on any of the New York Stock Exchange, The NASDAQ Global Select Market or The NASDAQ Global Market (or their respective successors), such exchange or quotation system shall thereafter be deemed to be the Exchange. Additional Disruption Events: Change in Law: Applicable; provided that Section 12.9(a)(ii) of the Equity Definitions is hereby amended by (i) replacing the phrase “the interpretation” in the third line thereof with the phrase “, or public announcement of, the formal or informal interpretation,” (ii) replacing the word “Shares” with the phrase “Hedge Positions” in clause (X) thereof and (iii) inserting the parenthetical “(including, for the avoidance of doubt and without limitation, (x) any tax law or (y) adoption, effectiveness or promulgation of new regulations authorized or mandated by existing statute)” at the end of clause (A) thereof. Failure to Deliver: Applicable Hedging Disruption: Applicable; provided that: