Holding Out Clause Samples
The "Holding Out" clause defines the prohibition against a party falsely representing themselves as having authority, affiliation, or endorsement that they do not possess. In practice, this clause prevents individuals or entities from misleading third parties by suggesting they are acting on behalf of, or are officially connected to, another party when they are not. For example, an employee may not claim to represent the company in negotiations unless explicitly authorized. The core function of this clause is to protect parties from unauthorized commitments and reputational harm by ensuring only properly authorized individuals can act or speak on their behalf.
POPULAR SAMPLE Copied 21 times
Holding Out. Lessee agrees that it will not at any time represent or hold out the Lessor, the Agent or any Affiliate of any of them (and will use its best efforts to ensure that none of the Lessor, the Agent, any Lender or any Affiliate of any of them is not at any time represented or held out) as being in any way connected or associated with any operation of the Airframe, any Engine or any Part or any other operations or carriage undertaken by Lessee.
Holding Out. No person other than the Authorised Representative may directly or indirectly represent the Licensee pursuant to the Letter of Authority.
Holding Out. Neither the Supplier nor any person acting on behalf of the Supplier may hold itself out as being entitled to contract or accept payment in the name of or on behalf of the Customer
Holding Out. Except as required by Law, the Company shall not publicly indicate that it is affiliated with Shell Oil Company or any of its Affiliates , without the express written consent of Tejas Holding or an Affiliate thereof.
Holding Out. Subject to Company’s inventory sell-off rights in Section 15(a) and all associated rights required to effect same, immediately upon any termination, the Company shall cease to hold itself out as an authorized manufacturer or seller of CW. The license granted hereunder shall immediately terminate and Company shall discontinue any and all use of all CW Trademarks (except as is necessary to sell out its remaining Products as provided above) and shall remove all signs and other indication of its former affiliation with CW from its web site and elsewhere. Upon termination, the Company promptly shall return all materials containing CW’s confidential information, Trademarks and/or intellectual property to CW.
Holding Out. No person other than the Authorised Representative may directly or indirectly represent MLC Advice pursuant to the Letter of Authority.
Holding Out. Following the Termination Date, the Employee will not, save as agreed, represent himself as being employed by, or concerned in any way with the Company or any of its Associated Companies.
Holding Out. The Intermediary must not represent to any person or do anything that is likely to result in a person believing that the Intermediary:
(a) is the holder of an AFSL;
(b) is an employee of the Licensee; or
(c) is in a partnership or a joint venture with the Licensee.
Holding Out. The Lessee will not at any time represent or hold out Lessor, the Security Trustee or the Agent (and will use its best endeavors to procure that none of Lessor, the Security Trustee or the Agent is at any time represented or held out by any Sub-lessee) as being in any way connected or associated with any operation of the Aircraft, the Engine or any Part or any operation of carriage undertaken by the Lessee or any Sub-lessee or as in any other way having any interest in the Engine except as owner or mortgagee or lessor.
Holding Out. Borrower agrees that it will not at any time represent or hold out Lender or Security Trustee or any Affiliate of any of them (and will use its best efforts to ensure that none of Lender and Security Trustee or any Affiliate of any of them is not at any time represented or held out) as being in any way connected or associated with any operation of the Airframe, any Engine or any Part or any other operations or carriage undertaken by Borrower.