Legal Relationships. The legal relationships between the investors and the management company shall follow the law of June 28, 2011 regarding specific Undertakings for Collective Investment in Transferable Securities (UCITSG) and the regulation of July 5, 2011 regarding specific Undertakings for Collective Investment in Transferable Securities (UCITSV) and, if no regulations are provided there, according to the provisions of the Persons and Company Law (PGR) regarding the trusteeship.
Legal Relationships. The parties to this Agreement execute the same solely as a seller and a purchaser. No partnership, joint venture or joint undertaking shall be construed from these presents, and except as herein specifically provided, neither party shall have the right to make any representation for, act on behalf of, or be liable for the debts of the other. All terms, covenants and conditions to be observed and performed by either of the parties hereto shall be joint and several if entered into by more than one person on behalf of such party, and a default by any one or more of such persons shall be deemed a default on the part of the party with whom said person or persons are identified. No third party is intended to be benefited by this Agreement.
Legal Relationships. The Contractor and the sub-contractor(s), if any, shall have the status of an independent contractor vis-à-vis the Employer. The Contract Documents shall not be construed to create any contractual relationship of any kind between the Engineer and the Contractor, but the Engineer shall, in the exercise of his duties and powers under the Contract, be entitled to performance by the Contractor of its obligations, and to enforcement thereof. Nothing contained in the Contract Documents shall create any contractual relationship between the Employer or the Engineer and any subcontractor(s) of the Contractor.
Legal Relationships. The parties to this contract execute the same solely as a seller and a buyer. No partnership, joint venture, or joint undertaking shall be construed from these presents, and, except as herein specifically provided, neither party shall have the right to make any representation for, act on behalf of, or be liable for the debts of the other. All terms, covenants, and conditions to be observed and performed by either of the parties hereto shall be joint and several if entered into by more than one person on behalf of such party, and a default by any one or more of such persons shall be deemed a default on the part of the party with whom said person or persons are identified. No third party is intended to be benefitted by this contract. All persons executing this contract in their individual capacities (or as a general partner or other capacity causing them to be personally liable) acknowledge that this agreement benefits their marital communities and personal recourse may be obtained against the separate property and marital community of any such person and the marital community of such person's spouse.
Legal Relationships. This Ground Lease shall not be interpreted or construed as establishing a partnership or joint venture between the District and the Tenant and neither party shall have the right to make any representations or be liable for the debts or obligations of the other. Neither party is executing this Ground Lease as an agent for an undisclosed principal. No third party is intended to be benefited by this contract.
Legal Relationships. A. Paragraphs 7.01.A and 7.02 are not applicable for utilities not under the control of Owner.
Legal Relationships. 2.4.1 With respect to the Aircraft, Oakley shall be deemed to have Operational Control of the aircraft at all times during the term of this Agreement, including but not limited to during all Time Sharing Flights.
Legal Relationships. The legal relationships between the Investors and the AIF are governed by the law of 19 December 2012 on Al- ternative Investment Fund Managers (AIFMG) and the regulation of 22 March 2016 on Alternative Investment Fund Managers (AIFMV) and, to the extent that no provision has been made therein, by the provisions of the law on Persons and Companies (Personen- und Gesellschaftsrecht, "PGR") concerning the trusteeship.
Legal Relationships. The legal relationships between the investors and the AIF shall be governed by the constituent documents, the Liechtenstein Law regarding the Managers of Alternative Investment Funds (AIFMA) and the related Ordinance regarding the Managers of Alternative Investment Funds (AIFMO), as amended, and, in the absence of relevant provisions there, by the provisions of the Liechtenstein Code of Personal and Company Law (CPCL) governing trusteeships.
Legal Relationships. The relationship between Borrower and Lender is that of lender and borrower, and no partnership, joint venture, or other similar relationship shall be inferred from this Agreement. Neither Borrower nor any other Loan Party shall have the right or authority to make representations, to act, or to incur debts or liabilities on behalf of Lender. No Loan Party is executing this Agreement as an agent or nominee for an undisclosed principal, and no third-party beneficiaries are or shall be created by the execution of this Agreement.
