CO-OWNERSHIP Sample Clauses

CO-OWNERSHIP. 14.1 Where the Buyer consists of more than one person, as between themselves, they agree to buy the Land in the specified manner of Co-ownership in the Schedule or if one alternative is not marked, as joint tenants.

CO-OWNERSHIP a. The Borrower(s) and the Credit Union will be co-owners of the property to be purchased. Both names will appear on the Record of Title for the property together with our respective shareholdings in the property as “tenants in common”. b. Each party will own a percentage of the property which is specified in the Schedule of First Home TOGETHER Terms. c. The Credit Unit is not a landlord. d. The Borrower(s) do not pay rent or interest on our Deposit Help (our share of the home). e. The Borrower(s) is responsible for all ongoing costs like rates, insurance, power & gas and household repairs and maintenance. f. Major repairs or improvements, or sale of the property will require the Credit Union’s permission as co-owner.

CO-OWNERSHIP. The Tenant recognizes that the Leased Premises and the Property are subject to the Co-Ownership Agreement. The Tenant agrees not to take or permit any action from anyone under its charge or responsibility that would contravene with Landlord’s obligations under said Co-Ownership Agreement. Without limiting the generality of the foregoing, the Tenant undertakes to respect said Co-Ownership Agreement and any other rules and regulations of the Property as may be implemented from time to time. Furthermore, the Tenant acknowledges that for the purposes hereof, any covenants, obligations or undertaking pertaining or attributed to the Landlord hereunder shall at all times be subject and subordinated to the provisions of the Co-Ownership Agreement and any related documents.

CO-OWNERSHIP. When License Patents are owned jointly by SRI and FOUNDATION, the option exercise and royalty payments required by this Agreement will be split equally between them unless LIGAND is otherwise instructed by both FOUNDATION and SRI in writing. In the case where Licensed Patents are the result of joint inventions by employees of SRI and/or FOUNDATION and a third party or by employees of SRI, FOUNDATION and a third party and the third party refuses to license LIGAND to its rights subject to the payments required by this Agreement, then the payments for exercise of the option and royalties, including minimum annual royalty payments, will be reduced by [*] percent ([*]%).

CO-OWNERSHIP. The Parties shall co-own all rights, title and interest in and to, embodied in or associated with the Service, Service Users, Service User Data and Registration Information.

CO-OWNERSHIP. The Parties agree and acknowledge that Customer Personal Information collected by or through a Xxx Product is co-owned and co-controlled by Customer and Cox (except where Xxx is designated solely as a ‘Processor’ for the applicable Xxx Product on the Order Form). Customer grants Cox an unlimited, nonexclusive, transferable, irrevocable license to use, transmit, store, or otherwise process such Customer Personal Information for any lawful business purpose; provided that any external use or disclosure thereof by Cox, its Affiliates or their service providers (unless for the benefit of Customer) does not identify or otherwise associate Customer with such data.

CO-OWNERSHIP. If a faculty member chooses to receive compensation in the form of a stipend for the development of a course at Kishwaukee College, the faculty member and the College shall enter into a co-ownership agreement (See section 7.17 for compensation). Co-ownership of a course includes the syllabus, course shell, units, lesson plans, activities, formative and summative assessments, and instructional materials used to deliver the course during the first year it is taught. If the faculty member at any time is no longer employed by the College, the faculty member has the right to transfer the course to use in its entirety elsewhere, but the College also retains the right to redistribute the course to another faculty member for future offerings of the course at the College.

CO-OWNERSHIP. In case of co-ownership over the share participations or the rights over them, the co-owners must notify the Company their designated representative for the exercise of their rights; the co-owners will remain jointly and severally liable with respect to their obligations before the Company.

CO-OWNERSHIP. (a) Grain becomes Stored Grain when the Receival Docket and weighbridge documentation notates the tare weight and the final net mass of the Grain at which time, Title in the Grain transfers from You to the Co-Owners and You become a Co-Owner of the Stored Grain. (b) Each Co-Owner holds its Interest in Stored Grain as a tenant in common in the Stored Grain. (c) If GrainCorp becomes insolvent, each Co-Owner may assert its right of ownership commensurate to its Interest. (d) Subject to clause 4 below, You may deal with Your Interest as follows: (i) Transferring all or part of Your Interest to another Co-Owner; or (ii) Requesting an Order to Outload; or (iii) Transferring all or part of the Interest to a third party. (e) On execution of an Order to Outload: (i) The Grain no longer forms part of the Stored Grain and You become the full owner of that Grain and bear all risk in respect of it; and (ii) Your Accounting Stock will be updated to reflect any remaining Interest held by You.

CO-OWNERSHIP. The Parties hereby agree that they shall be jointly and collectively considered as the Seller under the IFA, and as co-owners of all the Seller's right, title and interest in, to and under the IFA. Each of the Parties hereby acknowledges and agrees that all of the rights, benefits and obligations of the Seller under the IFA shall be shared and allocated between them as provided herein. The Parties acknowledge that the total capacity under the IFA (the "Total IFA Capacity") equals the sum of the Contract Capacities (as defined in Section 1.5 of each of the Monolith power purchase contracts). Each Party's undivided interest in the capacity, rights, benefits and obligations of Seller under the IFA shall equal (i) the aggregate of such Party's Nameplate Ratings (as defined in Section 3.6 of the IFA) as of the date hereof under the various Monolith power purchase contracts which name such Party as a Seller divided by (ii) the Total IFA Capacity. The Parties recognize that Zond is acting for itself and as agent on behalf of the Non-Manager Parties.