Netting Party definition

Netting Party means the Party exercising the right to effect any Netting hereunder or under the applicable Underlying Agreement.
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Netting Party means the Party exercising the right to effect any Netting hereunder or under the applicable Underlying Agreement. “Other Party” means the Party other than the Netting Party. “Obligation” or “Obligations” means, with respect to a Party, each and every present or future payment or performance obligation or liability of such Party under this Agreement or an Underlying Agreement, whether fixed, matured, unmatured, liquidated, or unliquidated. “Remaining Investor Note Principal Amount” means, as of any time of determination, the aggregate amount of Principal (as defined in the Investor Note) outstanding under the Investor Note as of such time of determination. “Unpaid Amounts” means, as of any date of determination, the Obligations owed by one Party to the other under such Underlying Agreements that have not been paid as of the date of determination, whether or not such amounts are then due and payable and without regard to the fair market value of the Series B Note or the Investor Note at such time, as applicable. 3.
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Examples of Netting Party in a sentence

  • Set-Off and Netting: Party A agrees not to set-off or net amounts due from Party B with respect to the Transaction hereunder against amounts due from Party A to Party B under obligations other than Equity Contracts.

Related to Netting Party

  • Terminating Party As defined in Section 7.1(f).

  • Performing Party As defined in Section 11.12.

  • Defaulting Party has the meaning specified in Section 6(a).

  • Contracting Party shall have the meaning designated in the preamble to Section 5.2 hereof.

  • Originating Party means the Party, including any entity which provides Classified Information in accordance with the laws and regulations in force in its state;

  • Hedging Party means at any relevant time, the Issuer, or any of its affiliates or any other party providing the Issuer directly or indirectly with hedging arrangements in relation to the Notes as the Issuer may select at such time.

  • Disputing Party has the meaning specified in Paragraph 5.

  • Transaction Party means the Company and each Guarantor, collectively, “Transaction Parties”.

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

  • Billing Party means the Party rendering a bill.

  • Programme Party means a party to a Programme Document (other than the Issuer and ETP Securityholders).

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

  • 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.

  • Financing Party means any and all Persons, or the agents or trustees representing them, providing senior or subordinated debt or tax equity financing or refinancing (including letters of credit, bank guaranties or other credit support).

  • injured party means any person entitled to claim compensation in respect of any loss or injury caused by a vehicle;

  • Instructing Party shall have the meaning assigned to such term in Section 6.3(a).

  • Contracting Parties has the meaning set forth in Section 9.14.

  • Initiating Party shall have the meaning set forth in Article 13.

  • Counterparty means PJMSettlement as the contracting party, in its name and own right and not as an agent, to an agreement or transaction with a Market Participant or other entities, including the agreements and transactions with customers regarding transmission service and other transactions under the PJM Tariff and the Operating Agreement. PJMSettlement shall not be a counterparty to (i) any bilateral transactions between Members, or (ii) any Member’s self- supply of energy to serve its load, or (iii) any Member’s self-schedule of energy reported to the Office of the Interconnection to the extent that energy serves that Member’s own load.

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

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

  • Affected Party has the meaning specified in Section 5(b).

  • Producing Party means the parties to this action and any third-parties producing “Confidential Information” in connection with depositions, document production or otherwise, or the party asserting the confidentiality privilege, as the case may be.

  • Confirming Party means the party designated in the Base Contract to prepare and forward Transaction Confirmations to the other party.

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

  • Mediation party means a person that participates in a mediation and whose agreement is necessary to resolve the dispute.