AND ITS MEMBERS Sample Clauses
The "AND ITS MEMBERS" clause typically serves to extend the rights, obligations, or protections outlined in a contract to include not just the named party, but also its individual members, such as shareholders, partners, or employees. In practice, this means that if a company is a party to an agreement, the clause ensures that the terms also apply to those who are part of or associated with the company. For example, indemnification or confidentiality obligations might be extended to cover both the company and its members. The core function of this clause is to clarify the scope of the agreement, preventing ambiguity about who is covered and ensuring that all relevant individuals or entities are included in the contract’s provisions.
AND ITS MEMBERS. Except as set forth in the applicable section of any disclosure schedule delivered by TCSLLC or the Members to Acquiror prior to the execution of this Agreement (the "TCSLLC" Disclosure Schedule"), TCSLLC and the Members represents and warrants to Acquiror as follows:
AND ITS MEMBERS. THIS OPERATING AGREEMENT (the “Agreement”), is entered into as of the ____ day of _______________, 2008, by and among FLORIDIAN FINANCIAL MORTGAGE, LLC, a Florida limited liability company (the “Company”), and its members, FLORIDIAN FINANCIAL GROUP, INC., a Florida corporation and registered bank holding company (“Floridian”), and FBC MORTGAGE, LLC, a Florida limited liability company and licensed correspondent mortgage lender (“FBC”) (each of Floridian and FBC is sometimes referred to herein as a “Member,” and both are referred to collectively as the “Members” of the Company).