OF PARTIES Sample Clauses

OF PARTIES. The singular shall include the plural and the plural the singular and one gender shall include all genders. As used in this Agreement the term Affiliate means a person, directly or indirectly through one or more intermediaries, controls or is controlled by, or is under, control with, the Company.
Sample 1
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OF PARTIES. Nothing contained in this Agreement or any other Agency Loan and Grant Document shall be interpreted or understood by any of the Patties, or by any third persons, as creating the relationship of employer and employee, principal and agent, limited or general par1nership, or joint venture between the Agency and the Borrower or its agents, employees or contractors, and Attachment D the Borrower shall at all times be deemed an independent contractor and shall be wholly responsible for the manner in which it or its agents, or both, perfonn the services requiFed of it by the tenns ofthis Agreement and the Agency Loan and Grant Regulatory Agreement for the acquisition and operation ofthe Park. The Borrower has and retains the right to exercise full control of employment, direction, compensation, and discharge of all persons assisting in the perfonnance of services under the Agreement In regards to the acquisition and operation of the Park, the Borrower shall be solely responsible for all matters relating to payment of its employees, including compliance with Social Security, withholding, and all other laws and regulations governing such matters, and shall include requirements in each contract that contractors shall be solely responsible for similar matters relating to their employees. The Borrower shall be solely responsible for its own acts and those of its agents and employees.
Sample 1
OF PARTIES. The Union has all rights which are specified in the subsequent provisions of this Agreement and retains all rights granted by law. It is agreed that the Company retains all the customary and normal functions of management except as they may be expressly restricted by the terms of this Agreement. It is understood that none of the foregoing shall detract from the right of an employee or the Union to lodge a grievance in the manner and to the extent provided in Article Grievance Procedure. The Company agrees to inform and discuss with the Union Executive as far in advance as possible any changes in xxxxxxx, working procedures, scheduling of operations or any other changes that might affect members of the Union. UNION RECOGNITION AND SECURITY The Union is as the exclusive bargaining agent of the employees in the classification listed in Appendix A to this Agreement. The work currently being performed by the employees in the classification covered by Appendix A of this Agreement comes under the exclusive of the Local Union. Superintendents, salaried supervisors, watchpersons and non-union office forces are part of the Management of the Company.
Sample 1
OF PARTIES.  The relationship of the parties hereto is that of landlord and tenant only, and it is expressly understood and agreed that Landlord shall not in any way nor for any purpose be deemed a partner of Tenant or a joint venture with Tenant in the conduct of Tenant's business or otherwise, and that the provisions of any agreement between Landlord and Tenant relating to rent are made solely for the purpose of providing a method whereby rental payments are to be measured and ascertained. 
Sample 1

Related to OF PARTIES

  • Intent of Parties The parties intend that each of REMIC I, REMIC II and REMIC III shall be treated as a REMIC for federal income tax purposes and that the provisions of this Agreement should be construed in furtherance of this intent.

  • Agreement of Parties The Seller and the Purchaser each agree to execute and deliver such instruments and take such actions as either of the others may, from time to time, reasonably request in order to effectuate the purpose and to carry out the terms of this Agreement and the Pooling and Servicing Agreement.

  • Cooperation of Parties The Parties to this Agreement agree to cooperate in good faith to prepare and execute all documents, to seek Court approval, defend Court approval, and to do all things reasonably necessary to complete and effectuate the Settlement described in this Agreement.

  • Status of Parties The other party is not acting as a fiduciary for or an adviser to it in respect of that Transaction.

  • Capacity of Parties The signature(s) of the Obligor(s) on the Contract are genuine and all parties to the Contract had full legal capacity to execute the Contract.

  • Independence of Parties The Servicer shall have the status of, and act as, an independent contractor. Nothing herein contained shall be construed to create a partnership or joint venture or any similar relationship between the Manager and the Servicer.

  • Intention of Parties It is the express intent of the parties hereto that the conveyance (i) of the Mortgage Loans by the Seller to the Depositor and (ii) of the Trust Fund by the Depositor to the Trustee each be, and be construed as, an absolute sale thereof. It is, further, not the intention of the parties that such conveyances be deemed a pledge thereof. However, if, notwithstanding the intent of the parties, the assets are held to be the property of the Seller or Depositor, as the case may be, or if for any other reason this Agreement is held or deemed to create a security interest in either such assets, then (i) this Agreement shall be deemed to be a security agreement within the meaning of the UCC and (ii) the conveyances provided for in this Agreement shall be deemed to be an assignment and a grant (i) by the Seller to the Depositor or (ii) by the Depositor to the Trustee, for the benefit of the Certificateholders, of a security interest in all of the assets transferred, whether now owned or hereafter acquired. The Seller and the Depositor for the benefit of the Certificateholders shall, to the extent consistent with this Agreement, take such actions as may be necessary to ensure that, if this Agreement were deemed to create a security interest in the Trust Fund, such security interest would be deemed to be a perfected security interest of first priority under applicable law and will be maintained as such throughout the term of the Agreement. The Depositor shall arrange for filing any Uniform Commercial Code continuation statements in connection with any security interest granted or assigned to the Trustee for the benefit of the Certificateholders.

  • Liability of Parties Without waiving any defenses including governmental immunity, each Party to this XXX agrees to be responsible for its own acts of negligence, which may arise in connection with any and all claims for damages, costs and expenses to person or persons and property that may arise out of or be occasioned by this XXX or any of its activities or from any act or omission of any employee or invitee of the Parties. The provisions in this paragraph are solely for the benefit of the Parties hereto and are not intended to create or grant any rights, contractually or otherwise to any third party.

  • Admission of Partners 48 12.1 Admission of Successor General Partner........................... 48 12.2 Admission of Additional Limited Partners......................... 48 12.3 Amendment of Agreement and Certificate of Limited Partnership.... 49 ARTICLE 13

  • Rights of Parties Nothing in this Agreement, whether express or implied, is intended to confer any rights or remedies under or by reason of this Agreement on any Persons other than the parties hereto and their respective successors and assigns, nor shall any provision give any third Persons any right of subrogation or action over against any party to this Agreement. Without limiting the generality of the foregoing, it is expressly understood that this Agreement does not create any third party beneficiary rights.

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