RIGHTS AND OBLIGATIONS OF RECIPIENT SUBSIDIARY Sample Clauses

RIGHTS AND OBLIGATIONS OF RECIPIENT SUBSIDIARY. AND/OR PROVIDER SUBSIDIARY For the purpose of this Section of this Exhibit A(3.1) and for the purposes of the signature below, the term “Recipient Subsidiary” may be used to reference a subsidiary entity of Recipient and the term “Provider Subsidiary” may be used to reference a subsidiary entity of Provider. Except as set forth above, no Recipient Subsidiary or Provider Subsidiary is a party or a third-party beneficiary of the Agreement. Any dispute between a Recipient Subsidiary and Provider, between a Provider Subsidiary and Recipient, or between a Recipient Subsidiary and a Provider Subsidiary shall be resolved between Recipient and Provider in the manner set forth under the Section 8 of this Agreement, and the Recipient Subsidiary and/or the Provider Subsidiary, as the case may be agrees to be bound by any resolution resulting therefrom. ACCEPTED AND AGREED: Recipient Subsidiary: PayPal, Inc. Provider: eBay Inc. By: By: Name Printed: Name Printed: Title: Title: Recipient Subsidiary: PayPal Pte. Ltd. Provider Subsidiary: eBay International AG By: By: Name Printed: Name Printed: Title: Title: Recipient Subsidiary: PayPal Payments Pte. Holdings S.C. By: Name Printed: Title: TRANSITION SERVICES AGREEMENT – EXHIBIT A(3.2) EXHIBIT A(3.2) CS –INTERIM CUSTOMER SERVICE INTERACTIONS (PAYPAL TO EBAY) Provider Subsidiaries: Recipient/Recipient Subsidiary: Service Period: PayPal, Inc. eBay Inc. 18 Months PayPal Pte. Ltd. eBay International AG PayPal Payments Pte. Holdings S.C.S.
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Related to RIGHTS AND OBLIGATIONS OF RECIPIENT SUBSIDIARY

  • Rights and Obligations of Members A. No Member shall be obligated to make capital contributions to the Company except as provided in Section 9A.

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  • Rights and Obligations of Both Parties 5.1 Party A’s rights and Obligations

  • Rights and Obligations of the Parties 2.1 During the term of this Agreement, Party A’s rights and obligations include:

  • Absolute Rights and Obligations This is a guaranty of payment and not of collection. The Guarantors’ Obligations under this Guaranty Agreement shall be joint and several, absolute and unconditional irrespective of, and each Guarantor hereby expressly waives, to the extent permitted by law, any defense to its obligations under this Guaranty Agreement and all Security Instruments to which it is a party by reason of:

  • Rights and Obligations of Limited Partners 8.1 No Participation in Management. No Limited Partner (other than a General Partner if it has acquired an interest of a Limited Partner) shall take part in the management of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership.

  • Additional Rights and Obligations If the Company issues securities in its next equity financing (other than a transaction with a strategic partner that involves a financing) within 180 days after the date hereof (the “Next Financing”) that (a) have rights, preferences or privileges that are more favorable than the terms of the Securities, such as price-based anti-dilution protection, or (b) provide all such future investors other contractual terms such as registration rights, the Company shall provide substantially equivalent rights to the Subscriber with respect to the Securities (with appropriate adjustment for economic terms or other contractual rights), subject to such Subscriber’s execution of any documents, including, if applicable, investor rights, co-sale, voting, and other agreements, executed by the investors purchasing securities in the Next Financing (such documents, the “Next Financing Documents”). Notwithstanding anything herein to the contrary, upon the execution and delivery of the Next Financing Documents by Subscriber holding a majority of the then-outstanding Securities, this Subscription Agreement (excluding any then-existing and outstanding obligations) shall be amended and restated by and into such Next Financing Documents and shall be terminated and of no further force or effect.

  • Independent Nature of Rights and Obligations Nothing contained herein, and no action taken by any party pursuant hereto, shall be deemed to constitute Investor and the Sponsor as, and the Sponsor acknowledges that Investor and the Sponsor do not so constitute, a partnership, an association, a joint venture or any other kind of entity, or create a presumption that Investor and the Sponsor are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this Agreement or any matters, and the Sponsor acknowledges that Investor and the Sponsor are not acting in concert or as a group, and the Sponsor shall not assert any such claim, with respect to such obligations or the transactions contemplated by this Agreement.

  • Rights and Obligations of the Limited Partners 8.1 Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.

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