No Interlocal Entity Clause Samples
The "No Interlocal Entity" clause establishes that the agreement does not create a separate legal entity or organization between the parties involved. In practice, this means that while the parties may cooperate or coordinate under the agreement, they do not form a new joint agency, board, or corporation as a result. This clause is important because it clarifies that each party retains its own legal identity and responsibilities, preventing confusion or unintended legal obligations that could arise from the formation of a new entity.
No Interlocal Entity. The parties agree that they do not by this Agreement create an interlocal entity.
No Interlocal Entity. This Agreement does not create an “interlocal entity,” but is considered a “joint or cooperative undertaking,” as those terms are defined by Section 11-13- 103 of the Act. Each Party is responsible for its own budget. Except to the extent that service and administrative costs are calculated and allocated hereunder, there will be no financing of this joint or cooperative undertaking and no joint budget will be established or maintained. Each Party will be responsible for its own administration and record-keeping, and to establish its own budget as required by law.
No Interlocal Entity. This Agreement does not create an interlocal entity.
No Interlocal Entity. No separate legal entity is created by the terms of this Agreement. To the extent that this Agreement requires administration other than as set forth herein, it shall be administered by the duly assigned employees of the Participants, acting as a joint board. No real or personal property shall be acquired jointly by the parties as a result of this Agreement. To the extent that a party acquires, holds, and disposes of any real or personal property for use in the joint or cooperative undertaking contemplated by this Agreement, such party shall do so in the same manner that it deals with other property of such party
No Interlocal Entity. This Agreement does not establish an interlocal entity, the Parties agree that the Representatives signing below shall act together as the joint administrators responsible for, and have all of the powers reasonably required for, the administration of this Agreement, with any tied vote weighted in favor of South ▇▇▇▇▇.
