Rights and Duties of the Parties Sample Clauses

The "Rights and Duties of the Parties" clause defines the specific obligations each party must fulfill and the entitlements they are granted under the agreement. This section typically outlines what actions each party is required to perform, such as delivering goods, making payments, or providing services, as well as what they are permitted to expect from the other party. By clearly delineating these responsibilities and privileges, the clause helps prevent misunderstandings and disputes by ensuring both sides understand their roles and expectations within the contractual relationship.
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Rights and Duties of the Parties. As part of the cooperation referred to in Sub-clause 1.1 of this Agreement, the Parties willingly undertake:
Rights and Duties of the Parties. The Seller undertakes to fulfil all obligations arising herefrom with due professional care, within the deadlines specified herein and/or hereunder, at his expense and risk and for the Purchase Price defined herein. The Seller shall be obliged to inform the Buyer on their request about the progress of the works carried out in order to complete and deliver the Object of Purchase, in the form of an electronic message in English no later than ten (10) business days upon such request delivery. If required by the Sponsor or Operational Programme rules or subsidy/grant conditions determined by the Sponsor, the Seller is obliged to also inform the Buyer about the progress of works every three (3) months in the form of an electronic message in English sent to the Buyer’s contact person. In the event of the Seller’s delay with performance within the deadlines according hereto, particularly in respect of the time of handover of the deliverables, the Buyer is entitled to charge the Seller with a contractual penalty in accordance with Annex No. 2 hereto. In the event of the Buyer’s delay with payment of the Purchase Price or any part thereof within the deadlines set out in this Contract, the Seller is entitled to charge the Buyer with a late payment interest in accordance with Annex No. 2 hereto, unless the Buyer proves that the delay was caused by late release of the funds by the Sponsor. For the avoidance of any doubt, the Parties agree that during a Party’s delay the other Party’s liability for delay is excluded; in that case the respective performance deadlines of the latter Party are adequately extended by the period of that delay. Unless herein stipulated otherwise, the Seller shall pay any of the contractual penalties charged under this Contract no later than within thirty (30) calendar days from the day, on which the Buyer enumerated his claim for the contractual penalty. The Buyer is entitled to offset unilaterally at any time his claims for the payment of the contractual penalty under this Contract against any claims of the Seller for the payment of any part of the Purchase Price. The setoff shall be effective upon written notification to the Seller describing and quantifying the Buyer’s claim to be offset. The Parties exclude application of Section 2050 of the Civil Code, and agree that the Buyer, in addition to the contractual penalty under this Article, is also entitled to foreseeable damages in excess of contractual penalties hereunder actually paid by t...
Rights and Duties of the Parties. 5.1 The Customer undertakes: 5.1.1 to provide the Contractor with the data (including personal data) required by the Contractor to render the services to the Customer and to perform his other obligations provided under the Agreement and under the current law of the Russian Federation; 5.1.2 to independently follow up with any updates of information allocated on the Web-site of the Contractor, including, to follow up with changes in terms of rendering of the services, amendments to this Agreement, and any other materials that are directly or indirectly related to rendering of the service or have influence thereupon. The Customer shall be deprived from the right to refer to absence of awareness of the said changes, if such changes are placed on the Web-site. 5.1.3 not to download, distribute, copy, publish, broadcast or otherwise utilize online broadcast of the Event and / or video materials of the Event. The cases provided under this Agreement shall form exception. Presentations of the Event speakers outside the Web-site shall only be pos- sible subject to receipt of the written content of the Contractor. 5.2 The Contractor shall be entitled to refuse from participation in the Event. In any case should the Customer refuse to participate in the Event, the Customer shall provide the Contractor writ- ten application by sending message to email address of the Contractor indicated in the details of this Agreement. Should no such application be available, the monetary funds are not refunded by the Contractor. In case of refuse: • within 1 month and over till commencement of the Event, the value of the paid services shall be refunded with deduction of 20% from the value of the service, • within 2 month and over till commencement of the Event, the value of the paid services shall be refunded with deduction of 50 % from the value of the service, • less than 2 weeks prior to commencement of the Event, the Contractor reserves a right not to refund payment as reimbursement of expenses for organization of the Event. 5.3 The Customer may replace nominated participant free of additional surcharge, but shall no- tify the Contractor thereof at least One (1) business day prior to holding of the Event. 5.4 In case of offline event the Customer/ the Event participant shall not be entitled to: • distribute leaflets or other advertising materials in place and during holding of the Event with- out prior agreement with the Contractor; • arrange any private conferences or events in...
Rights and Duties of the Parties. 7.1 All Members (other than Assignees) shall be entitled to vote on any matter submitted to a vote of the Members. Notwithstanding the foregoing, the following actions require the consent of Majority of the Members: (A) Any amendment to this Company Agreement, (B) The admission of Assignees to Management Rights, (C) The continuation of the Company after a Dissolution Event. 7.2 No Member shall be liable as such for the liabilities of the Company. The failure of a limited liability company to observe any formalities or requirements relating to the exercise of its powers or management of its business or affairs under this Agreement or the Act shall not be grounds for imposing personal liability on the Members or managers for liabilities of the limited liability company. 7.3 The Company shall indemnify the Members, Managing Members, and agents for all costs, losses, liabilities, and damages paid or accrued by such Member, Manager or agent in connection with the business of the Company, to the fullest extent provided or allowed by the laws of the State of New Jersey. 7.4 Each Member, and in the case of an organization, the person(s) executing the Company Agreement on behalf of the organization, hereby represents and warrants to the Company and each other Member that: (a) if that Member is an organization, that it is duly organized, validly existing, and in good standing under the law of its state of organization and that it has full organizational power to execute and agree to the Company Agreement to perform its obligations hereunder; (b) that the Member is acquiring its interest in the Company for the Member’s own account as an investment and without an intent to distribute the interest; (c) the Member acknowledges that the interests have not been registered under the Securities Act of 1933 or any state securities laws, and may not be resold or transferred by the Member without appropriate registration or the availability of an exemption from such requirements. 7.5 A Member, including a Managing Member, shall be entitled to enter into transactions that may be considered to be competitive with, or a business opportunity that may be beneficial to, the Company, it being expressly understood that some of the Members may enter into transactions that are similar to the transactions into which the Company may enter. Notwithstanding the foregoing, Members shall account to the Company and hold as trustee for it any property, profit, or benefit derived by the Member, ...
Rights and Duties of the Parties. 1. By signing hereof, the Ordering Party confirms to have read the ordered the Module(s) and the Annexes thereof. By selecting them, they become an inseparable part hereof and the Ordering Party agrees with them. 2. Upon the signing hereof, the Ordering Party shall be obliged to provide the Implementing Party with any and all data necessary for the purpose of calculating statutory obligations in the form of a completed Aneex to the respective ordered Module. At the same time, upon the signing hereof, the Ordering Party shall be obliged to complete Annex 1 hereof and by doing so provide the Implementing Party with all the required data. The Ordering Party undertakes that the data shall be valid and complete throughout the duration hereof; in case of need, the data shall be updated hereunder. The Ordering Party shall furthermore be obliged to notify the Implementing Party in writing of any changes in relation to the implementation hereof not later than within 10 calendar days from the date of the change in the data, unless stipulated otherwise elsewhere herein. 3. Upon the signing hereof by the Ordering Party, the Implementing Party undertakes to issue for the Ordering Party a certificate of participation in the ENVI - PAK collective waste management system for the “Packaging” Module / “Non-packaging products” Module that shall serve as a certificate of proof in relation to third parties. 4. The Ordering Party shall be entitled during the duration hereof to notify consumers and/or third parties in a suitable manner of its participation in the ENVI - PAK collective management system (e.g. by means of the Ordering Party’s website, promotion and awareness activities, etc.) and the Implementing Party shall be entitled to use the Ordering Party’s name, label and/or logo to inform third parties about the Ordering Party’s participation in the ENVI - PAK collective management system. 5. Upon the Ordering Party’s request, the Implementing Party shall provide the Ordering Party with a certificate of the stipulation hereof for the purpose of the Ordering Party’s application for registration in the Register of Producers of Specified Products. 6. The Ordering Party shall be obliged to provide the Implementing Party with the necessary cooperation to meet its obligations hereunder and to allow for the implementation hereof. 7. Upon the Implementing Party’s request, the Ordering Party undertakes to issue without undue delay an authorisation for the Implementing Party for th...
Rights and Duties of the Parties. 5. The Resident has the right: 0.0. xx use residential and common areas, appliances and equipment for their intended purpose in accordance to the conditions and period indicated in this Agreement; 0.0. xx use the University dormitories‘ Internet network, if the Resident lives in the University dormitory, after registering at xxxx://xxx- xxxx.xxx.xx and using the Resident network code 5.3.other rights which are indicated in Internal Rules of the Dormitories of Xxxxxxxx Xxxxxx University (hereinafter – Rules), Procedure and other internal legal acts of the University.
Rights and Duties of the Parties. 3.01 Xxxx releases Aegion and all other persons and entities from any Claim against Aegion and waives any right of his to xxx Aegion for legal or equitable relief, or both, on any Claim against Aegion. In addition, and without limiting the generality of the foregoing, and except as otherwise prohibited by law, the release and the waiver in this paragraph apply to any one or more of the following specific matters: (a) Xxxx’x employment with Aegion; (b) the termination of Xxxx’x employment with Aegion; (c) any policy, practice, decision, promise, agreement, conduct, act or omission by Aegion prior to this date; (d) any compensation, benefit, or benefit plan associated with Xxxx’x employment with Aegion, including but not limited to compensation, benefits and benefit plans governed by the Employee Retirement Income Security act of 1974 (“ERISA”); and/or (e) any transaction, occurrence, act, or omission concerning or arising from either Xxxx’x employment with Aegion or the termination of that employment, or both. Nothing in this Agreement prevents Xxxx from filing a charge with the Equal Employment Opportunity Commission, the National Labor Relations Board, the Occupational Safety and Health Administration, the Securities and Exchange Commission (“SEC”) or any other administrative agency if applicable law requires that Xxxx be permitted to do so. However, in executing this Agreement, Xxxx is waiving the right to any monetary recovery in connection with any such complaint or charge that Xxxx may file with an administrative agency, except that this Agreement does not limit Xxxx’x right to receive an award for information provided to the SEC and/or other administrative agencies concerning a possible securities law violation. 3.02 By executing this document, Xxxx expressly waives any and all rights or claims arising under the Age Discrimination in Employment Act (“ADEA”) and the Older Workers Benefit Protection Act (“OWBPA”), and: (a) further acknowledges and understands that this refers to rights or claims under the ADEA; (b) acknowledges that this waiver of rights or claims under the ADEA is in writing and is understood by Xxxx; (c) expressly understands that by signing this Agreement, Xxxx is not waiving any rights or claims that may arise after the date this document is signed; (d) acknowledges that this waiver of any rights or claims arising under the ADEA is in exchange for payment of the Separation Sum, which exceeds that to which Xxxx is otherwise entitled...
Rights and Duties of the Parties. 5. The Resident has the right: 5.1. to use residential and common areas, appliances and equipment for their intended purpose in accordance to the conditions and period indicated in this Agreement; 5.2. to use the University dormitories‘ Internet network, after registering at xxxx://xxxxxxx.xxx.xx and using the Resident network code code; 5.3. other rights which are indicated in Internal Rules of the Dormitories of Xxxxxxxx Xxxxxx University (hereinafter – Rules), Procedure and other internal legal acts of the University. 6. Duties of the Resident: 6.1. During the period covered by the Agreement the Resident shall use the Residence only for its intended purposes and take care of it as well as of the University equipment, inventory and any other property in the residential and common areas, shall act in compliance with fire-safety regulations and other legal acts and rules related to both the exploitation of the Residence and the common areas in such a way that the condition of the Residence would be as much of the same condition as it was before assigning to the Resident; 6.2. The Resident shall pay the charge for the accommodation in the Residence in time and in accordance with the conditions defined in the Agreement; 6.3. The Resident shall obey the legal requirements of the University‘s (Dormitory) administrators; 6.4. The Resident shall inform his/her guests about the obligation to follow the Rules and in case the latter are broken shall take the responsibility for personal behaviour and the behaviour of his/her guests; 6.5. In case the Resident breaches the obligations indicated in this Agreement or neglects the duties, responsibilities and prohibitions provided in Rules he/she shall be responsible for his/her actions in accordance with the Agreement regulations and, on demand of the University, shall pay the penalty which equals forfeit of the indicated amount.. The Resident shall compensate the damage the University would suffer through the Resident’s and (or) his/her guests’ fault, non-compliance or improper performance of duties indicated in this Agreement or Rules. The Resident shall also compensate the damage to the third party if it occurred because of the Resident’s and (or) his/her guest’s fault or negligence. 6.6. The Resident is forbidden to accommodate strangers in the Residence on his/her own will, to dispose the University‘s property or otherwise allow the third parties to use the property or Residence 7. The University has the right: 7.1...
Rights and Duties of the Parties. 2.1. The Entrusting Party hereby: 2.1.1. confirms that it has all powers and authority to attend the Meeting and to exercise its voting rights; 2.1.2. entrusts the Proxy to attend the Meeting and to exercise at its own discretion all voting rights of the Entrusting Party; 2.1.3. represents that it enjoys other rights and duties established herein. 2.2. The Proxy hereby: 2.2.1. accepts the voting rights delegated by the Entrusting Party; 2.2.2. undertakes to attend the Meeting as discussed herein; 2.2.3. commits to exercise the voting rights at the Meeting at its own discretion on all the issues of the agenda of the Meeting in response to the objectives of the Association and in the best interests of the Entrusting Party; 2.2.4. represents that it enjoys other rights and duties established herein.
Rights and Duties of the Parties. (A) Lead Partner