Venturers Clause Samples

The 'Venturers' clause defines the parties who are participating in a joint venture agreement. It typically lists the names and legal identities of each venturer, clarifying their roles and responsibilities within the venture. By clearly identifying all parties involved, this clause ensures there is no ambiguity about who is bound by the agreement and who is entitled to share in its benefits and obligations, thereby preventing disputes over membership and participation.
Venturers. The Venturers of the Joint Venture shall be those persons participating in the Joint Venture as hereinafter authorized and provided, and defined as Venturers herein.
Venturers. If to a Venturer, then to the address of such Venturer as set forth in his or her Execution Page and Power of Attorney attached hereto as Annex “A” executed by such Venturer or other agreement or instrument in which such Venturer has agreed to be bound by the terms and conditions of this Agreement. Any party hereto may change his, her or its address to which notice shall thereafter be given by furnishing written notice to all the Venturers and the Joint Venture in the manner set forth in this Section.
Venturers. The Venturers of the Venture, their addresses, and their Ownership Percentages shall be listed on Schedule 2.6 and said Schedule 2.6 shall be amended from time to time by the Board, to reflect the withdrawal of Venturers or the admission of additional Venturers pursuant to this Agreement.
Venturers. The Venturers of the Venture and their addresses shall be listed on SCHEDULE 2.8 and said schedule shall be amended from time to time by the Manager to reflect the withdrawal of Venturers or the admission of additional Venturers pursuant to this Agreement. The Venturers shall constitute a single class or group of Venturers of the Venture for all purposes of the Act, unless otherwise explicitly provided herein. The Manager shall notify the Venturers of changes in SCHEDULE 2.8, which shall constitute the record list of the Venturers for all purposes of this Agreement.
Venturers. The Venturers shall maintain (at the office of the Venture) reports required or otherwise prepared and delivered hereunder, or by law or any contract to which the Venture is a party, copies of which shall be furnished to all Venturers when available, at the Venture's expense.
Venturers. The Venturers are the Persons listed on Schedule I attached hereto.
Venturers. Any loss, cost, liability, damage or expense (including reasonable attorneys' fees and expenses) incurred in connection with the construction of Bank and Borrower as having the relationship of joint venturers or partners or the determination that Bank has acted as agent for Borrower.
Venturers and shall be effective when personally delivered or transmitted, five business days after mailing or the next business day after delivery to a responsible overnight delivery service.

Related to Venturers

  • Independent Contractors The Parties are independent contractors. Neither Party has the authority to bind the other. This Agreement does not create a partnership, franchise, joint venture, agency, fiduciary, or employment relationship between the Parties.

  • ADVISOR’S PERSONNEL The Advisor shall, at its own expense, maintain such staff and employ or retain such personnel and consult with such other persons as it shall from time to time determine to be necessary to the performance of its obligations under this Agreement. Without limiting the generality of the foregoing, the staff and personnel of the Advisor shall be deemed to include persons employed or retained by the Advisor to furnish statistical information, research, and other factual information, advice regarding economic factors and trends, information with respect to technical and scientific developments, and such other information, advice and assistance as the Advisor or the Trust’s Board of Trustees may desire and reasonably request and any compliance staff and personnel required by the Advisor.

  • Joint Venture Nothing contained in the Agreement shall be construed as creating a joint venture, partnership, agency or employment relationship between Plan and Controlled Affiliate or between either and BCBSA.

  • Employees and Independent Contractors Party agrees that it shall comply with the laws of the State of Vermont with respect to the appropriate classification of its workers and service providers as “employees” and “independent contractors” for all purposes, to include for purposes related to unemployment compensation insurance and workers compensation coverage, and proper payment and reporting of wages. Party agrees to ensure that all of its subcontractors or sub-grantees also remain in legal compliance as to the appropriate classification of “workers” and “independent contractors” relating to unemployment compensation insurance and workers compensation coverage, and proper payment and reporting of wages. Party will on request provide to the Agency of Human Services information pertaining to the classification of its employees to include the basis for the classification. Failure to comply with these obligations may result in termination of this Agreement.

  • Fiduciary Relationship The Advisor, as a result of its relationship with the Company and the Operating Partnership pursuant to this Agreement, has a fiduciary responsibility and duty to the Company, the Stockholders and the partners in the Operating Partnership.