Separate Legal Entities Sample Clauses

Separate Legal Entities. The Borrower acknowledges that all the parties entering into the Loan Documents, and any other related documents do so in reliance on the Borrower's identity as a legal entity separate from TCSI.
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Separate Legal Entities. 43 Section 11.11. Arm's Length Relationships.....................................................................43
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Separate Legal Entities. Borrower acknowledges that all the parties entering into the Loan Documents, and any other related documents, do so in reliance on Borrower’s identity as a legal entity separate from Servicer.
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Separate Legal Entities. (CP-27) Chapters are and should maintain, separate existence as legal entities and shall not incur any liability, obligation or expense on behalf of HFTP global. Chapters and chapter members are prohibited from acting as agents or representatives of HFTP without express written authority. In furtherance of such intention and agreement, chapter hereby indemnifies and holds harmless HFTP its officers, directors and employees from and against any suit, claim, obligation, cost and expense which may be incurred by chapters and/or chapter officers, directors and employees which may arise by reason of any act or failure or omission to act or any agency relationship by chapters, chapter officers, directors or employees. Chapters are legal entities, which must not only observe all HFTP standards and procedures, but also discharge legal obligations incumbent upon any self-governing organization.
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Separate Legal Entities. The Organizations are separate legal entities. Their working relationship, as described herein, does not reflect any merger, joint venture, partnership, or other legal combination among the Organizations. No Individual Organization has, nor shall it hold itself out as having, any right, power, or authority to create any contract or obligation, expressed or implied, on behalf of, in the name of, or binding on any of the other Organizations unless such other Organization(s) shall consent thereto in writing. In addition, employees, independent contractors, or agents of an Individual Organization shall not be considered to be employees, independent contractors, or agents of any of the other Organizations.
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Separate Legal Entities. Borrower acknowledges that all the parties entering into this Agreement and any related documents do so in reliance on the Borrower's identity as a legal entity separate from Servicer.
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Separate Legal Entities. NICOA and NRCNAA are separate legal entities and therefore shall retain separate identities. Neither NICOA nor NRCNAA shall have the authority to encumber or control the other in any way. Each organization shall make best efforts to distinguish in all promotional and advertising communications a distinction between NICOA and NRCNAA where appropriate the distinct role and responsibility of both parties.
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Related to Separate Legal Entities

  • Separate Entities Notwithstanding Section 20, you acknowledge and agree that Prosper, Bank and PMI are separate legal entities and that neither entity has guaranteed the performance by the other entity of its obligations hereunder.

  • Outside Activities of the Limited Partners Subject to the provisions of Section 7.5, which shall continue to be applicable to the Persons referred to therein, regardless of whether such Persons shall also be Limited Partners, any Limited Partner shall be entitled to and may have business interests and engage in business activities in addition to those relating to the Partnership, including business interests and activities in direct competition with the Partnership Group. Neither the Partnership nor any of the other Partners shall have any rights by virtue of this Agreement in any business ventures of any Limited Partner.

  • Outside Activities of Limited Partners Subject to any agreements entered into by a Limited Partner or its Affiliates with the General Partner, Partnership or a Subsidiary, any Limited Partner and any officer, director, employee, agent, trustee, Affiliate or stockholder of any Limited Partner shall be entitled to and may have business interests and engage in business activities in addition to those relating to the Partnership, including business interests and activities in direct competition with the Partnership or that are enhanced by the activities of the Partnership. Neither the Partnership nor any Partners shall have any rights by virtue of this Agreement in any business ventures of any Limited Partner or Assignee. Subject to such agreements, none of the Limited Partners nor any other Person shall have any rights by virtue of this Agreement or the partnership relationship established hereby in any business ventures of any other Person, other than the Limited Partners benefiting from the business conducted by the General Partner, and such Person shall have no obligation pursuant to this Agreement to offer any interest in any such business ventures to the Partnership, any Limited Partner or any such other Person, even if such opportunity is of a character which, if presented to the Partnership, any Limited Partner or such other Person, could be taken by such Person.

  • Separate Entity The Borrower is operated as an entity with assets and liabilities distinct from those of the Originator and any Affiliates thereof (other than the Borrower), and the Borrower hereby acknowledges that the Administrative Agent and the Lenders are entering into the transactions contemplated by this Agreement in reliance upon the Borrower’s identity as a separate legal entity from the Originator and from each such other Affiliate of the Originator.

  • Entities If the undersigned is not an individual but an entity, the individual signing on behalf of such entity and the entity jointly and severally agree and certify that:

  • File Management and Record Retention relating to CRF Eligible Persons or Households Grantee must maintain a separate file for every applicant, Eligible Person, or Household, regardless of whether the request was approved or denied.

  • Other Business Activities of the Note Holders Each Note Holder acknowledges that each other Note Holder or its Affiliates may make loans or otherwise extend credit to, and generally engage in any kind of business with, the Mortgage Loan Borrower or any Affiliate thereof, any entity that is a holder of debt secured by direct or indirect ownership interests in the Mortgage Loan Borrower or any entity that is a holder of a preferred equity interest in the Mortgage Loan Borrower (each, a “Mortgage Loan Borrower Related Party”), and receive payments on such other loans or extensions of credit to Mortgage Loan Borrower Related Parties and otherwise act with respect thereto freely and without accountability in the same manner as if this Agreement and the transactions contemplated hereby were not in effect.

  • Separate Lots The Property is comprised of one (1) or more parcels which constitute a separate tax lot or lots and does not constitute a portion of any other tax lot not a part of the Property.

  • ASSOCIATION AND EMPLOYEE RIGHTS A. The exclusive Representative ("Association") shall have the right to represent its members in employment relations with the District.

  • 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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