Receiving Party definition: Copy, customize, and use instantly
Introduction
The term "Receiving Party" refers to a party that is designated to receive information, materials, or documents in the context of a contract or legal agreement. This can include confidential information, payments, goods, or services that are transferred from one party to another. In various scenarios, the Receiving Party may have specific responsibilities for protecting or managing the received items, especially in agreements involving confidentiality or intellectual property.
Below are various examples of how "Receiving Party" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Receiving Party" as the recipient of confidential information
This definition ties "Receiving Party" to the recipient of confidential information.
"Receiving Party" means a party to whom confidential or proprietary information is disclosed by the disclosing party under the terms of a nondisclosure agreement.
Definition of "Receiving Party" for payment receipt
This definition connects "Receiving Party" to the receipt of payment.
"Receiving Party" refers to the individual or entity designated to receive a specified payment or transfer of funds under the terms of the agreement.
Definition of "Receiving Party" as the beneficiary
This definition links "Receiving Party" to the beneficiary of a transfer.
"Receiving Party" means the individual or organization entitled to receive a benefit, property, or rights from another party, as outlined in the agreement.
Definition of "Receiving Party" in distribution agreements
This definition applies "Receiving Party" to distribution agreements.
"Receiving Party" refers to the party responsible for receiving and distributing products, goods, or services as part of a distribution agreement.
Definition of "Receiving Party" for intellectual property
This definition ties "Receiving Party" to intellectual property protection.
"Receiving Party" means the party that receives intellectual property or confidential information from the disclosing party, with an obligation to safeguard it under the terms of the agreement.
Definition of "Receiving Party" for contract enforcement
This definition connects "Receiving Party" to contract enforcement.
"Receiving Party" refers to the party designated to receive enforcement rights or obligations, such as payments, performance, or documentation, under the contract terms.
Definition of "Receiving Party" for goods receipt
This definition links "Receiving Party" to the receipt of goods.
"Receiving Party" means the entity designated to receive physical goods, products, or shipments under a purchase or supply agreement.
Definition of "Receiving Party" in joint ventures
This definition applies "Receiving Party" to joint venture scenarios.
"Receiving Party" refers to the partner in a joint venture entitled to receive a portion of profits, benefits, or resources from the collaboration, as agreed upon in the joint venture agreement.
Definition of "Receiving Party" for financial transactions
This definition ties "Receiving Party" to financial transactions.
"Receiving Party" means the entity or individual designated to receive funds, securities, or other financial assets in the course of a transaction.
Definition of "Receiving Party" for merger or acquisition transactions
This definition connects "Receiving Party" to merger or acquisition transactions.
"Receiving Party" refers to the party in a merger or acquisition transaction that is set to receive assets, shares, or other considerations from the other party.
Definition of "Receiving Party" in lending agreements
This definition links "Receiving Party" to lending agreements.
"Receiving Party" means the borrower or recipient of loan funds or credit extended by the lender, as defined in the lending agreement.
Definition of "Receiving Party" for service provision
This definition applies "Receiving Party" to service provision.
"Receiving Party" refers to the individual or company receiving services from another party under the terms of a service agreement.
Definition of "Receiving Party" for data or document receipt
This definition ties "Receiving Party" to data or document receipt.
"Receiving Party" means the party that is designated to receive data, documents, or communications as part of an agreement or legal obligation.
Definition of "Receiving Party" for obligations in a partnership
This definition connects "Receiving Party" to obligations in a partnership.
"Receiving Party" refers to the partner in a partnership that is entitled to receive distributions, profits, or assets under the terms of the partnership agreement.
Definition of "Receiving Party" in loan agreements
This definition links "Receiving Party" to loan agreements.
"Receiving Party" means the borrower, designated to receive the principal amount, loan proceeds, or credit under the terms of a loan agreement.
Definition of "Receiving Party" for supply agreements
This definition applies "Receiving Party" to supply agreements.
"Receiving Party" refers to the party receiving goods, products, or services in accordance with the terms of a supply agreement.
Definition of "Receiving Party" in insurance claims
This definition ties "Receiving Party" to insurance claims.
"Receiving Party" means the policyholder, claimant, or entity entitled to receive compensation or benefits under an insurance policy or claim.
Definition of "Receiving Party" for rights and privileges
This definition connects "Receiving Party" to rights and privileges.
"Receiving Party" refers to the party granted specific rights, privileges, or entitlements under the terms of a legal agreement or contract.
Definition of "Receiving Party" for tax purposes
This definition links "Receiving Party" to tax purposes.
"Receiving Party" means the person or entity designated to receive taxable income, goods, or services for the purposes of tax reporting or liability.
Definition of "Receiving Party" for compliance purposes
This definition applies "Receiving Party" to compliance purposes.
"Receiving Party" refers to the party required to receive and retain documents or information in compliance with legal or regulatory obligations.
Definition of "Receiving Party" in real estate transactions
This definition ties "Receiving Party" to real estate transactions.
"Receiving Party" means the buyer or lessee in a real estate transaction entitled to receive possession, rights, or interest in the property upon closing.
Definition of "Receiving Party" for franchise agreements
This definition connects "Receiving Party" to franchise agreements.
"Receiving Party" refers to the franchisee entitled to receive the rights, goods, or services from the franchisor under the terms of the franchise agreement.
Definition of "Receiving Party" for royalty payments
This definition links "Receiving Party" to royalty payments.
"Receiving Party" means the party entitled to receive royalty payments, licensing fees, or compensation from the use of intellectual property or other assets.
Definition of "Receiving Party" for investments
This definition applies "Receiving Party" to investments.
"Receiving Party" refers to the investor or entity designated to receive proceeds, dividends, or returns on investments made under an agreement.
Definition of "Receiving Party" for claims and disputes
This definition ties "Receiving Party" to claims and disputes.
"Receiving Party" means the individual or entity receiving claims, disputes, or formal complaints under a contract or legal framework.
Definition of "Receiving Party" in employee agreements
This definition connects "Receiving Party" to employee agreements.
"Receiving Party" refers to the employee designated to receive compensation, benefits, or other entitlements as agreed in an employment contract.
Definition of "Receiving Party" for intellectual property licensing
This definition links "Receiving Party" to intellectual property licensing.
"Receiving Party" means the party receiving a license or other rights to use intellectual property under the terms of a licensing agreement.
Definition of "Receiving Party" in technology agreements
This definition applies "Receiving Party" to technology agreements.
"Receiving Party" refers to the entity receiving access to technology, software, or data under the terms of a technology or software agreement.
Definition of "Receiving Party" for government contracts
This definition ties "Receiving Party" to government contracts.
"Receiving Party" means the contractor or recipient of government funds, goods, or services under the terms of a government contract.
Definition of "Receiving Party" for franchise operations
This definition connects "Receiving Party" to franchise operations.
"Receiving Party" refers to the franchisee entitled to receive franchise operations, training, and business support under a franchise agreement.
Definition of "Receiving Party" for distribution rights
This definition links "Receiving Party" to distribution rights.
"Receiving Party" means the distributor or retailer entitled to receive goods or products for distribution under a distribution agreement.
Definition of "Receiving Party" for non-compete agreements
This definition applies "Receiving Party" to non-compete agreements.
"Receiving Party" refers to the party receiving confidential information and agreeing not to use it for competitive purposes, as stipulated in a non-compete agreement.
Definition of "Receiving Party" for regulatory purposes
This definition ties "Receiving Party" to regulatory purposes.
"Receiving Party" means the entity or individual receiving compliance documents, records, or reports required by regulatory agencies.
Definition of "Receiving Party" for investment funds
This definition connects "Receiving Party" to investment funds.
"Receiving Party" refers to the investor or beneficiary entitled to receive distributions or returns from a managed investment fund.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.