Exclusive Responsibility Sample Clauses
The Exclusive Responsibility clause assigns sole accountability for certain obligations or actions to a specific party within an agreement. In practice, this means that only the designated party is responsible for performing particular duties, such as maintaining equipment, complying with regulations, or managing risks, and no other party shares or assumes these responsibilities. This clause is essential for clarifying roles and preventing disputes by ensuring that all parties understand exactly who is liable for specific aspects of the contract.
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Exclusive Responsibility. Buyer recognizes that ultimately it is their sole responsibility to verify any and all information provided to Buyer by the Broker. Furthermore, ▇▇▇▇▇ agrees to indemnify and hold the Broker harmless from any and all loss, cost, expense, attorney fees, damage or claim arising out of this Agreement, including without limitation, liability resulting from incomplete or inaccurate information provided to Broker.
Exclusive Responsibility. Except as otherwise provided in this Agreement, the management of the business and affairs of the Company shall be the sole and complete responsibility of the Managing Member, who is authorized and directed to execute any and all documents and bind the Company thereby without the approval of any Member except as expressly provided for in Section 5.1(c), including (1) selecting the Prospective Investees, (2) management of the Company’s investments in Portfolio Companies, (3) voting of the Company’s investments in Portfolio Companies, (4) sale of the Company’s investments in Portfolio Companies and (5) executing and delivering leases, contracts, notes, bonds, indentures, mortgages and deeds.
Exclusive Responsibility. Except as otherwise provided herein, the management of the business and affairs of the Company shall be the sole and complete responsibility of the Managers. Other than as expressly provided herein, the Members, as such, shall not take part in, or interfere in any manner with, the management, conduct or control of the business and affairs of the Company, and shall not have any right or authority to act for or bind the Company.
Exclusive Responsibility. All aspects of application for State of Minnesota for State and Federal Funds and the grant thereof by the State, are the exclusive responsibility of the County, including but not limited to the investment, expenditure, and allocation of such funds. It is specifically agreed that any interest on the investment of any such funds is the sole property of the County, to use as the County shall see fit.
Exclusive Responsibility. The business and affairs of the Company shall be managed by or under the direction of the Managers. A Member, as such, shall not take part in, or interfere in any manner with, the management, conduct, or control of the business and affairs of the Company, and shall not have any right or authority to act for or bind the Company. The Company may act only by actions taken by or under the direction of the Board of Managers in accordance with this Agreement.
Exclusive Responsibility. The business and affairs of the Company shall be managed by or under the direction of a Board of the Company (the “Board”) consisting of natural persons designated as “managers” of the Company as provided below (“Managers”). Except as otherwise provided herein (including, without limitation, Section 6.6), the Board shall have full, exclusive and complete discretion to manage and control the business and affairs of the Company, to make all decisions affecting the business and affairs of the Company and to take all actions as it deems necessary or appropriate to accomplish the purpose of the Company as set forth herein. A Member, as such, shall not take part in, or interfere in any manner with, the management, conduct or control of the business and affairs of the Company, and shall not have any right or authority to act for or bind the Company.
Exclusive Responsibility. The business and affairs of the Company shall be managed by or under the direction of the Board. Notwithstanding the foregoing, SDS shall have the right to approve certain expenditures and certain transactions by the Company or its officers as set forth herein and in Annex B. Other than as provided herein and in Annex B, a Stockholder, as such, shall not take part in, or interfere in any manner with, the management, conduct or control of the business and affairs of the Company, and shall not have any right or authority to act for or bind the Company. The Company may act only by actions taken by or under the direction of the Board in accordance with this Agreement.
Exclusive Responsibility. You and GO ON are the only parts of this Agreement. You are the sole tenant of the Scooter and are solely responsible for compliance with the terms of this Agreement. When you activate a Scooter, you are the only one who can use it. You cannot allow anyone else to use a Scooter that you have activated.
Exclusive Responsibility. Provider specifically agrees that it is solely and exclusively responsible for the protection of the Services until final completion and acceptance thereof by Customer and Adtran, and that Provider will repair or replace, at the Provider’s cost, any damage or faults resulting from defective Services which occur prior to such final acceptance.
Exclusive Responsibility. (a) The management of the operations and the direction of the workforce are exclusively the Company’s responsibility. The Union acknowledges that subject to the limitations agreed to elsewhere in this agreement it is the Company’s role to:
(i) Maintain orderly, disciplined and efficient operations. To do so, they can make, alter and enforce regulations, policies and practices to be observed by its employees. They can also discipline or discharge employees.
(ii) Select, hire, transfer, assign to shifts, promote, demote, classify, layoff, recall or retire employees and select employees for positions excluded from the bargaining unit. The Company will not force Union members to accept a position outside the bargaining unit.
(iii) Establish and administer agreed to tests that allow the Company to determine an individual’s qualifications.
(iv) Operate and manage all aspects of the business in accordance with the Company’s commitments, obligations and responsibilities including the right to determine the nature and kind of business conducted by the Company, determine the number and location of the Company’s establishments, the extension, limitation, curtailment or cessation of operations or any part thereof, direction of the workforce, schedules of operations, number of shifts, products and services to be rendered, methods, tools, processes and means of warehousing and distribution methods, techniques and work procedures, quality and quantity standards, kinds and locations of equipment, machinery and vehicles to be used at any time, selection and use of materials required by the Company, determine job content, establishment of work or job assignments, change, combine or abolish job classifications, qualifications of any employee to perform any particular job, decide the number of and type of employees needed by the Company at any time, number of hours to be worked, starting and quitting times, when overtime shall be worked, determine financial policies, including general accounting procedures and customer relations.