Administered Agreements Sample Clauses

Administered Agreements. Manager shall act as CRDA’s contract administrator with respect to the City Lease, the Declaration, the Cooperative Agreement, and such other agreements, if any, entered into by CRDA (and not Manager) pursuant to CRDA’s reserved powers under Section 10.01(c), which Manager may hereafter expressly agree to administer on behalf of CRDA pursuant to the last sentence of this Section 5.15 (collectively, the “Administered Agreements”). Contract administration shall include securing, as fully as practicable, compliance by others parties with the terms and conditions of the Administered Agreements, performing and carrying out the obligations of CRDA thereunder relating to Facility Operations, the collection, for deposit to the Operating Account in a timely manner, of monies due to CRDA thereunder, and the payment, as Operating Expenses, of amounts due from CRDA thereunder (except that City Rent shall not be an Operating Expense). CRDA acknowledges that Manager will have no direct liability under any such Administered Agreements and that any loss, cost, damage or liability incurred by Manager under any such Administered Agreements entered into by CRDA shall be treated as an Operating Expense (except to the extent that any such loss, cost, damage or liability is attributable to the negligent acts or omissions of Manager or its officers, employees or agents or arise from any breach or default by Manager of its obligations under this Agreement). “
Sample 1
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Related to Administered Agreements

  • Entire Agreement This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter contained in this Agreement and supersedes all prior agreements, understandings and negotiations between the parties.

  • Governing Law This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Miscellaneous The Vendor acknowledges and agrees that continued participation in TIPS is subject to TIPS sole discretion and that any Vendor may be removed from the participation in the Program at any time with or without cause. Nothing in the Agreement or in any other communication between TIPS and the Vendor may be construed as a guarantee that TIPS or TIPS Members will submit any orders at any time. TIPS reserves the right to request additional proposals for items or services already on Agreement at any time.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • Counterparts This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • Confidentiality (a) Subject to Section 7.15(c), during the Term and for a period of three

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