Capacity of the Parties. 3.1 Within the respective joint ventures constituting the Parties, the Participant’s obligations and liabilities under this Agreement shall be several and not joint and collective in accordance with their interests in the Affected Party and the Executing Party respectively, as applicable from time to time.
Capacity of the Parties. The Parties warrant that each has the full power, capacity, and authority to enter into this Agreement, and that no claim, right, demand, action, or cause of action was assigned to an entity who is not a party to this Agreement.
Capacity of the Parties. Each of the parties hereto represents and warrants to the other parties (where applicable) that:
Capacity of the Parties. The Director and the Producer declare and guarantee that they have the right and the capacity to sign the Contract for Services.
Capacity of the Parties. Each of the Parties represents and warrants as follows:
a) that it is a legal entity duly incorporated in its country of constitution,
b) that it has the corporate capacity to enter into and perform this Agreement, that all corporate and other actions required to authorize the party to enter into and perform this Agreement have been taken;
c) that the Party shall not breach any other agreement or contract by entering into or performing this Agreement; that this Agreement is valid and binding upon in accordance with its terms.
Capacity of the Parties. Each of the Parties represents and warrants as of the Effective Date and as of the date this Agreement is actually signed as follows:
a) That it is an individual or corporation duly incorporated and in good standing in its jurisdiction of incorporation and that it is qualified to do business and is in good standing in those jurisdictions where necessary in order to carry out the purposes of this Agreement;
b) That it has the capacity to enter into and perform this Agreement and all transactions contemplated herein and that all corporate and other actions required to authorize it to enter into and perform this Agreement have been properly taken;
c) That this Agreement has been duly executed and delivered by it and is valid and binding upon it in accordance with its terms.
Capacity of the Parties. 26.1 It is expressly agreed that, within the framework of this Master Agreement, the Master Licensee manufactures, purchases and resells the Lacoste Watches for its own account and acts as an independent trader both with respect to the Licensor and with respect to the Sub-Licensees, the Distributors, the Sub-Contractors, the Suppliers and its customers. Consequently, under no circumstances shall it enter into any agreement or take any action purporting to obligate the Licensor to third parties.
26.2 Nothing in this Master Agreement shall be construed to render either party liable for any debts or obligations of the other party and the parties shall in no way be considered agents or representatives of each other. Neither party shall have the authority to act for or bind the other.
Capacity of the Parties. Each Party warrants that it has the full power, capacity, and authority to enter into this Settlement Agreement and that no claim, right, demand or cause of action relating to the Subject Location has been assigned to an entity who is not a Party to this Settlement Agreement.
Capacity of the Parties. 1. This agreement shall be an agreement for the provision of Triparty Repo Facility services.
2. KPEI has the capacity as the party providing Triparty Repo Facility services and Triparty Repo Participant shall be the party receiving Triparty Repo Facility services, either in its/his/her position as repo seller or repo purchaser in the Repo Agreement or as an agent which represents repo seller or repo purchaser in the Repo Agreement.
Capacity of the Parties. 10.1 It is expressly agreed that, within the framework of the Distribution Agreement and this Supplemental Agreement, the Distributor purchases and resells the Lacoste Watches for its own account and acts as an independent trader with respect to the Master Licensee, the Licensor and with respect to its customers. Consequently, under no circumstances shall it enter into any agreement or take any action purporting to obligate the Licensor or the Master Licensee to third parties, other than as may be specifically provided in other written licenses or agreements entered into by the parties hereto.
10.2 Nothing in this Supplemental Agreement shall be construed to render any party liable for any debts or obligations of any other party and the parties shall in no way be considered agents or representatives of each other. No party shall have the authority to act for or bind any other.
