Common use of Parties and Purpose Clause in Contracts

Parties and Purpose. The undersigned Parties are mutually desirous of doing business with KINGDOM FIRST PROPERTIES, LLC and it’s Managing Member, Xxxx X. Xxxxx respective to the arranging, selling and buying of both bulk and single Residential REO’s and Commercial Real Estate including 5 Star Hotels, Resorts and Land, various other cash flow items including but not limited to None Performing Notes, as well as Loans, and equipment in cooperation with one another and with third parties for the mutual benefit of all. It is their intention that the information exchanged among the signatories in the course of doing business, as well as the documents which will be generated subsequent to the execution of this Agreement, including but not limited to letters of intent, full corporate offers, bank comfort letters, contract terms and conditions, banking details or pre-advised payment instruments, and/or any information contained in such documents, will not be passed, under any circumstance, to another intermediary or broker or trader or any other company or private person who is not an end buyer(s) or end supplier, without prior specific written consent of the Party or parties generating or with proprietary rights to such information and/or documentation. This Agreement shall obligate the undersigned parties and their partners, associates, employers, employees, affiliates, subsidiaries, parent companies, nominees, representatives, successors, clients and assigns (hereinafter collectively referred to as ‘The Parties’) jointly, severally, mutually and reciprocally for the term of and to the performance of the terms and conditions expressly stated and agreed to below. This Agreement shall supersede all previous NCND Agreements. Furthermore, whenever this Agreement shall be referenced in any subsequent document(s) or written agreements, the terms and conditions of this Agreement shall apply as noted and shall further extend to any exchange of information, written, oral or in any other form, involving financial data, personal or corporate names, contracts initiated by or involving the parties and any addition, renewal, extension, rollover amendment, renegotiations or new agreement that are in any way a component of what shall hereinafter be referred to as ‘The Project’ or ‘The Transaction’ for the purchase of the subject commodities, products, and/or equipment.

Parties and Purpose. The undersigned Parties are mutually desirous of doing business with KINGDOM FIRST PROPERTIES, LLC and it’s Managing Member, Xxxx X. Xxxxx respective respect to the arranging, developing, selling and buying of both bulk CASA's "Shipping container based" proprietary development technologies and/or construction related projects utilizing CASA techniques and single Residential REO’s ISO Shipping Container based construction and Commercial Real Estate including 5 Star Hotels, Resorts and Land, various other cash flow items including but not limited to None Performing Notes, as well as Loans, and equipment property development. in cooperation with one another and with third parties for the mutual benefit of all. It is their intention that the information exchanged among the signatories in the course of doing business, as well as the documents which will be generated subsequent to the execution of this Agreement, including but not limited to letters of intent, full corporate offers, bank comfort letters, contract terms and conditions, banking details or pre-advised payment instruments, and/or any information contained in such documents, will not be passed, under any circumstance, to another intermediary or broker or trader or any other company or private person who is not an end buyer(s) or end supplier, without prior specific written consent of the Party or parties generating or with proprietary rights to such information and/or documentation. documentation This Agreement shall obligate the undersigned parties and their partners, associates, employers, employees, affiliates, subsidiaries, parent companies, nominees, representatives, successors, clients and assigns (hereinafter collectively referred to as ‘The Parties’) jointly, severally, mutually and reciprocally for the term of and to the performance of the terms and conditions expressly stated and agreed to below. This Agreement shall supersede all previous NCND Agreements. Furthermore, whenever this Agreement shall be referenced in any subsequent document(s) or written agreements, the terms and conditions of this Agreement shall apply as noted and shall further extend to any exchange of information, written, oral or in any other form, involving financial data, personal or corporate names, contracts initiated by or involving the parties and any addition, renewal, extension, rollover amendment, renegotiations or new agreement that are in any way a component of what shall hereinafter be referred to as ‘The Project’ or ‘The Transaction’ for the purchase of the subject commodities, products, and/or equipment.