Triggering Party definition

Triggering Party shall have the meaning set forth in Section 9.2(a).
Triggering Party has the meaning set forth in Section 9.5(a).
Triggering Party has the meaning assigned in Section 8.06(y).

Examples of Triggering Party in a sentence

  • The Sales Notice shall state the price (the "Total Price") at which the Triggering Party desires to sell the Subject Property(ies) and/or Subject Subsidiary(ies).

  • The failure of the Triggering Party to enter into such binding contract within the 180-day period referred to in the immediately preceding sentence, shall require the Triggering Party to again deliver to the Recipient Party a Transfer ROFO Notice and to again follow the procedures set forth in this Section 9.5.

  • If the Responding Party does not deliver a Response Notice within the Cure Period, the Triggering Party shall, at its sole option, *** of the conclusion of the Cure Period elect to either (i) to purchase the entirety of the Responding Party’s equity at the Per-Share Buy/Sell Price, or (ii) to sell the entirety of its equity to the Responding Party at the Per Share Buy/Sell Price.

  • If no Response Notice is delivered *** of a Triggering Notice, the Triggering Party shall deliver a written notice (the “Cure Period Notice”) to the Responding Party stating that the Responding Party has failed to deliver a Response Notice and stating that the Responding Party has *** of the Cure Period Notice (the “Cure Period”) to deliver a Response Notice to the Triggering Party.

  • To the extent that any fees or expenses are incurred in connection with a lender’s consent or approval, including a transfer fee and lender’s legal fees, the Triggering Party shall be responsible for payment of all such fees and expenses, the payment thereof being a condition precedent to any such transfer.


More Definitions of Triggering Party

Triggering Party has the meaning set forth in Section 1.1(s).
Triggering Party has the meaning set forth in Section 14.1(a).
Triggering Party has the meaning specified in Section 13.
Triggering Party is defined in Section 2.01(c).
Triggering Party is defined in Section 6.5.A hereof.
Triggering Party shall have the meaning set forth Section 3.6(a).
Triggering Party means the party that is the subject of the bankruptcy or similar proceeding, the party that undergoes a change in control, or the party in material breach of the Company Documents, as the case may be. The party that is not the triggering party is the "NON-TRIGGERING PARTY."