The Administrative Services Agreement Sample Clauses
The Administrative Services Agreement is a contract that outlines the terms under which one party provides administrative support or management services to another. Typically, this agreement details the scope of services, payment terms, performance standards, and responsibilities of each party, such as handling payroll, human resources, or office management tasks. Its core practical function is to clearly define the expectations and obligations for administrative support, thereby reducing misunderstandings and ensuring that both parties are aligned on service delivery and compensation.
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The Administrative Services Agreement. The Administrative Services Agreement has been duly authorized, executed and delivered by the Company and constitutes a valid and legally binding obligation of the Company enforceable against the Company in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency or similar laws affecting the enforcement of creditors’ rights generally or by equitable principles relating to enforceability.
The Administrative Services Agreement. The Administrative Services Agreement has been duly authorized by the Company and FCMIII, and on the First Closing Date will be duly executed and delivered by the Company and the Sponsor, and will constitute a valid and binding agreement of the Company and FCMIII, enforceable against the Company and FCMIII in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency, or similar laws affecting creditors’ rights generally from time to time in effect and by equitable principles of general applicability.
The Administrative Services Agreement. On the First Closing Date, the Administrative Services Agreement will be duly authorized, executed and delivered by the Company, and, assuming the due authorization, execution and delivery thereof by Sponsor, is a valid and binding agreement of the Company, enforceable against the Company in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency, or similar laws affecting creditors’ rights generally from time to time in effect and by equitable principles of general applicability.
The Administrative Services Agreement. The Administrative Services Agreement has been duly authorized, executed and delivered by the Company, and, assuming the due authorization, execution and delivery thereof by FCMII, is a valid and binding agreement of the Company, enforceable against the Company in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency, or similar laws affecting creditors’ rights generally from time to time in effect and by equitable principles of general applicability.
The Administrative Services Agreement. The Administrative Services Agreement has been duly authorized by the Company and the GP Sponsor, and on the First Closing Date will be duly executed and delivered by the Company and the GP Sponsor, and will constitute a valid and binding agreement of the Company and the GP Sponsor, enforceable against the Company and the GP Sponsor in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency, or similar laws affecting creditors’ rights generally from time to time in effect and by equitable principles of general applicability.
The Administrative Services Agreement. An Acknowledgment executed by Depository Institution acknowledging Lender's Lien on all deposit accounts of Borrower and waiving any rights of offset or other claims Depository Institution may have against such deposit accounts.