FUTURE RELATIONSHIP OF THE PARTIES Sample Clauses

FUTURE RELATIONSHIP OF THE PARTIES. The Parties shall enter into a new business relationship as set forth in the Relationship Agreement attached as Exhibit 1 to this Termination Agreement, which Relationship Agreement shall be executed simultaneously with the execution of this Termination Agreement.
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FUTURE RELATIONSHIP OF THE PARTIES. Following execution of this Agreement, AHPI will continue to extend to Purchaser the then current transfer prices for medical gas outlets provided by AHPI to HSI under existing contracts executed prior the date of this Agreement. Prospectively, following the execution of this Agreement by the parties, AHPI will sell to Purchaser medical gas outlets and any other equipment manufactured or marketed by AHPI ordered by Purchaser for use in the manufacturing of HSI products, including flow meters, vacuum regulators, and other items to be attached to HSI products not otherwise competitive with AHPI products at the most favorable price at which AHPI sells similar items to its other non-affiliated customers. To facilitate the favorable pricing contemplated herein, Purchaser shall be obligated to provide AHPI with copies of approved submittals in which such other equipment is ordered in combination with manufactured HSI products prior to or contemporaneously with the ordering of same from AHPI. Similarly, Purchaser will sell to AHPI HSI products ordered by AHPI at the most favorable price at which Purchaser sells similar items to its non-affiliated customers. The term of the prospective "Favorable Price" relationship contemplated in this paragraph will begin upon execution of this Agreement by the parties and shall continue for a period of five (5) years thereafter, after which, said "Favorable Price" relationship may be extended upon mutual written agreement by the parties.
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FUTURE RELATIONSHIP OF THE PARTIES. The Parties acknowledge that this Agreement is intended to be the basis for FutureOne to continue to provide its NeighborComm System to other properties that may be developed by System Provider and its owners. Therefore, if FutureOne has met all of its obligations under this Agreement in a manner satisfactory to System Provider, System Provider and its owners shall grant to FutureOne a right to offer a proposal to install their NeighborComm System in other developments to be developed by System Provider or its owners. XIV TERMINATION Either party may terminate this Agreement or suspend its performance hereunder at any time, by giving written notice thereof, upon the occurrence of any of the following events:
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Related to FUTURE RELATIONSHIP OF THE PARTIES

  • Relationship of the Parties The relationship between the parties is that of independent contractors. Nothing contained in this Agreement shall be construed as creating any agency, partnership, joint venture or other form of joint enterprise, employment or fiduciary relationship between the parties, and neither party shall have authority to contract for or bind the other party in any manner whatsoever.

  • Relationship of Parties Nothing herein contained shall be deemed or construed to create a partnership or joint venture between the parties hereto and the services of the Company shall be rendered as an independent contractor and not as agent for the Purchaser.

  • Relationship of Advisor and Company The Company and the Advisor are not partners or joint venturers with each other, and nothing in this Agreement shall be construed to make them such partners or joint venturers or impose any liability as such on either of them.

  • Relationship Between the Parties The parties’ relationship, as established by this Agreement, is solely that of independent contractors. This Agreement does not create any partnership, joint venture or similar business relationship between the parties. Neither party is a legal representative of the other party, and neither party can assume or create any obligation, representation, warranty or guarantee, express or implied, on behalf of the other party for any purpose whatsoever.

  • Relationship of Borrower and Lender The relationship between Borrower and Lender is solely that of debtor and creditor, and Lender has no fiduciary or other special relationship with Borrower, and no term or condition of any of the Loan Agreement, the Note, this Security Instrument and the other Loan Documents shall be construed so as to deem the relationship between Borrower and Lender to be other than that of debtor and creditor.

  • Parties’ Relationship The parties to the Agreement are independent parties. BNY Mellon, in furnishing the Services, is acting as an independent contractor. BNY Mellon has the sole right and obligation to supervise, manage, contract, direct, procure, perform or cause to be performed, all work to be performed by BNY Mellon and its employees, agents, independent contractors and other representatives under the Agreement. At no time shall any such individuals represent himself or herself as an employee of a Fund or be considered an employee of a Fund. BNY Mellon is not a joint venturer with, nor an employee, agent or partner of the Funds and has no authority to represent or bind the Funds as to any matters.

  • General Relationship of Provisions Subsection (iii) below (subject to the terms and conditions thereof) sets forth the terms of and conditions to the right of a Person to be reimbursed for any Workout-Delayed Reimbursement Amount to the extent that such Person is not otherwise entitled to reimbursement and payment of such Workout-Delayed Reimbursement Amount pursuant to the operation of Section 5.2(a)(I) above. Subsection (iv) below (subject to the terms and conditions thereof) authorizes the Master Servicer to abstain from reimbursing itself (or, if applicable, the Trustee to abstain from obtaining reimbursement) for Nonrecoverable Advances under certain circumstances at its sole option. Upon any determination that all or any portion of a Workout-Delayed Reimbursement Amount constitutes a Nonrecoverable Advance, then the reimbursement or payment of such amount (and any further Advance Interest that may accrue thereon) shall cease to be subject to the operation of subsection (iii) below, such amount (and further Advance Interest) shall be as fully payable and reimbursable to the relevant Person as would any other Nonrecoverable Advance (and Advance Interest thereon) and, as a Nonrecoverable Advance, such amount may become the subject of the Master Servicer’s (or, if applicable, the Trustee’s) exercise of its sole option authorized by subsection (iv) below.

  • Relationship to the Plan This grant of Performance Units is subject to all of the terms, conditions and provisions of the Plan and administrative interpretations thereunder, if any, that have been adopted by the Board. Except as otherwise defined in this Award Agreement, capitalized terms shall have the same meanings given to them under the Plan. To the extent that any provision of this Award Agreement conflicts with the express terms of the Plan, the terms of the Plan shall control and, if necessary, the applicable provisions of this Award Agreement shall be hereby deemed amended so as to carry out the purpose and intent of the Plan. References to the Participant also include the heirs or other legal representatives of the Participant.

  • Consulting Relationship During the term of this Agreement, Consultant will provide consulting services to the Company (the “Services”). Consultant shall use Consultant’s best efforts to perform the Services such that the results are satisfactory to the Company. Any consulting relationship between the Company and Consultant, whether commenced prior to or upon the date of this Agreement, shall be referred to herein as the “Consulting Relationship”.

  • Employment Relationship Employment with the Company is for no specific period of time. Your employment with the Company will be “at will,” meaning that either you or the Company may terminate your employment at any time and for any reason, with or without cause. Any contrary representations that may have been made to you are superseded by this letter agreement. This is the full and complete agreement between you and the Company on this term. Although your job duties, title, compensation and benefits, as well as the Company’s personnel policies and procedures, may change from time to time, the “at will” nature of your employment may only be changed in an express written agreement signed by you and a duly authorized officer of the Company (other than you).

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