Acts of Parties Sample Clauses

Acts of Parties. In exercising any right under the Trust Documents, neither the Issuer nor the Guarantor will be acting in a fiduciary capacity. Any failure by the Issuer, Guarantor or Trustee to exercise any right under the Trust Documents in any instance will not be deemed a waiver of such right in any other instance.
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Acts of Parties. In exercising any right under the I-Trust Documents, Xxxxxx Xxx, acting in any capacity other than as Trustee, will not be acting in a fiduciary capacity. Any failure by Xxxxxx Xxx or Trustee to exercise any right under the I-Trust Documents in any instance will not be deemed a waiver of such right in any other instance.
Acts of Parties. In exercising any right under the Q-Trust Documents, Xxxxxx Xxx, acting in any capacity other than as Trustee, will not be acting in a fiduciary capacity. Any failure by Xxxxxx Xxx or Trustee to exercise any right under the Q-Trust Documents in any instance will not be deemed a waiver of such right in any other instance.

Related to Acts of Parties

  • Liability of Parties Without waiving any defenses including governmental immunity, each Party to this XXX agrees to be responsible for its own acts of negligence, which may arise in connection with all claims for damages, costs and expenses to person or persons and property that may arise out of or be occasioned by this XXX or any of its activities or from any act or omission of any employee or invitee of the Parties. The provisions in this paragraph are solely for the benefit of the Parties hereto and are not intended to create or grant any rights, contractually or otherwise to any third party.

  • Relation of Parties It is the intention of Landlord and Tenant to hereby create the relationship of landlord and tenant, and no other relationship whatsoever is hereby created. Nothing in this Lease shall be construed to make Landlord and Tenant partners or joint venturers or to render either party hereto liable for any obligation of the other.

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