Acknowledgment by Participant Sample Clauses
The "Acknowledgment by Participant" clause serves to confirm that the participant has read, understood, and agrees to the terms and conditions outlined in the agreement. Typically, this clause requires the participant to explicitly acknowledge their awareness of important information, such as risks, obligations, or policies, often by signing or initialing the document. Its core practical function is to ensure that participants cannot later claim ignorance of the agreement's contents, thereby protecting the organization from disputes related to lack of informed consent.
Acknowledgment by Participant. By executing this grant, the Participant hereby acknowledges that with respect to any right to a distribution and DERs pursuant to this Agreement, the Participant is and shall be an unsecured creditor of the Partnership without any preference as against other unsecured general creditors of the Partnership, and the Participant hereby covenants for himself or herself, and anyone at any time claiming through or under the Participant, not to claim any such preference, and hereby disclaims and waives any such preference that may at any time be at issue, to the fullest extent permitted by applicable law. The Participant also hereby agrees to be bound by the terms and conditions of the Plan and this Agreement. The Participant further agrees to be bound by the determinations and decisions of the Committee with respect to this Agreement and the Plan and the Participant’s rights to benefits under this Agreement and the Plan, and agrees that all such determinations and decisions of the Committee shall be binding on the Participant, his or her beneficiaries and any other person having or claiming an interest under this Agreement and the Plan on behalf of the Participant.
Acknowledgment by Participant. The Participant acknowledges that it is registered for GST at the date of entry into this Funding Agreement and that it will notify the Commonwealth if it ceases to be so registered.
Acknowledgment by Participant. By executing this Agreement, the Participant hereby acknowledges that with respect to any right granted to the Participant pursuant to this Agreement, the Participant is and shall be an unsecured creditor of the Company without any preference as against other unsecured general creditors of the Company, and the Participant hereby covenants for himself or herself, and anyone at any time claiming through or under the Participant, not to claim any such preference, and hereby disclaims and waives any such preference that may at any time be at issue, to the fullest extent permitted by applicable law.
Acknowledgment by Participant. By executing this grant, the Participant hereby acknowledges that with respect to any right to a distribution and DERs pursuant to this Agreement, the Participant is and shall be an unsecured creditor of the Partnership without any preference as against other unsecured general creditors of the Partnership, and the Participant hereby covenants for himself or herself, and anyone at any time claiming through or under the Participant, not to claim any such preference, and hereby disclaims and waives any such preference that may at any time be at issue, to the fullest extent permitted by applicable law.
Acknowledgment by Participant. By executing this grant, the Participant hereby acknowledges that with respect to any right to Phantom Restricted Units and DERs pursuant to this Agreement, the Participant is and shall be an unsecured creditor of the Partnership without any preference as against other unsecured general creditors of the Partnership, and the Participant hereby covenants for himself or herself, and anyone at any time claiming through or under the Participant, not to claim any such preference, and hereby disclaims and waives any such preference that may at any time be at issue, to the fullest extent permitted by applicable law.
Acknowledgment by Participant. Participant acknowledges, agrees and represents that they will immediately upon entering the Facility, and will continuously thereafter, inspect any portion of the Facility which they enters and Participant further agrees and warrants that, if at any time, they feels any activity or condition within the Facility to be unsafe, Participant will immediately advise Company representatives of such and will immediately cease participating in such activity and will vacate the Facility. Participant further acknowledges and represents that (a) Participant has read this Release and has been afforded the opportunity to confer or speak with an attorney; and (b) Participant shall always follow the rules and regulations for entry and use of the Facility, as the same may be established or modified by the Company from time to time. Participant may be asked to leave the Facility at any time and for any reason.