EXEMPTION OF THE PARTIES Sample Clauses

EXEMPTION OF THE PARTIES. The following paragraph shall be replaced by the following: losses, claims, damages, costs and expenses (including, but not limited to, reasonable attorneys' fees and expenses) that may be incurred or enforced by any such party and (i) result from fraud, wilful misconduct, or gross negligence of reit affiliates (other than Remington Affiliates), or (ii) violation by REIT Affiliates of any provision of this Agreement (other than remington affiliates). The Remington parties shall immediately notify the REIT parties in writing of any claim or action brought against them by a third party which may result in such compensation. (c) INMNNIFICATION PROCEDURE. Any Party which is obliged to indemnifie the other Party under this Agreement (hereinafter referred to as the INDEMNIFYING PARTY) shall be entitled to be held liable by written notification to the indemnified party for any claim in connection with which the indemnified party is entitled to compensation. If such notification is given by the party, (i) such protection shall be carried out by a lawyer selected by the Compensation Party and approved by the party to the damage, such approval shall not be unduly withheld or delayed (provided, however, that the approval of the damned party is not required in respect of a lawyer designated by the insurer of the Compensation Party); (ii) as long as the Damning Party carries out this protection with reasonable care, the Tortoising Party has the right to -7- control that protection and is not obliged to pay any royalty or payment of the damned party for services provided by the party who provided the damage to the insured person after written notification to the insured party after a written notification to the insured party, unless there is a conflict of interest between the parties with regard to such claim or protection; and (iii) the compensation party is entitled to the </PAGE>the settlement of such a claim, provided that such settlement involves only payment of money, pays the party compensation to the party responsible for such settlement or all amounts due as a result of such settlement and, as part of it, the damned party is unconditionally released from all liability for such claim. The recompensation party shall have the right to participate in the defence of the claim protected by the party ordering the damage, but the damning Party shall have the right to control such protection (except in the event of a conflict of interest between the parties in rel...
Sample 1
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Related to EXEMPTION OF THE PARTIES

  • Cooperation of the Parties Each Party agrees to cooperate fully in the preparation, filing, and prosecution of any Patent Rights under this Agreement. Such cooperation includes, but is not limited to:

  • POSITION OF THE PARTIES 4.1 This Agreement is an integrated package that reflects a balancing of interests critical to the Parties. The Parties agree that their entry into this Agreement is without prejudice to and does not waive any positions they may have taken previously, or may take in the future, in any legislative, regulatory, judicial or other public forum addressing any matters, including matters related to the same types of arrangements and/or matters related to CenturyLink’s rates and cost recovery that may be covered in this Agreement. XXXX agrees to accept these terms and conditions with CenturyLink based on this Agreement as reciprocal where applicable. Furthermore, to the extent they apply to CenturyLink’s provision of services and/or facilities to CLEC, such terms are intended to apply only to the extent required by Applicable Law.

  • INFORMATION OF THE PARTIES Information of the Company The Company is a company established in the PRC in 1984 and converted into a joint stock limited company on 28 September 2015. The principal business of the Company includes providing comprehensive leasing services to high-quality customers in industries including aviation, infrastructure, shipping, vehicle and construction machinery, new energy, and high-end equipment. Information of the Asset Transferor The Asset Transferor is a state-owned enterprise incorporated in the PRC on 11 April 2016 and located in Guangdong Province, the PRC, which is mainly engaged in the businesses of finance lease, etc. LISTING RULES IMPLICATIONS According to Chapter 14 of the Listing Rules, as the highest applicable percentage ratio of the transaction under the Asset Transfer Agreement is higher than 5% but lower than 25%, the transaction constitutes a discloseable transaction of the Company and is subject to the announcement requirement but is exempt from the shareholders’ approval requirement under Chapter 14 of the Listing Rules.

  • Intention of the Parties It is the intention of the parties that the Seller is conveying, and the Servicer is receiving only a contract for servicing the Mortgage Loans. Accordingly, the parties hereby acknowledge that the Trust Fund remains the sole and absolute owner of the Mortgage Loans and all rights (other than the servicing rights) related thereto.

  • Status of the Parties 2.1 The type of Personal Data processed pursuant to this DPA and the subject matter, duration, nature and purpose of the processing, and the categories of data subjects, are as described in Annex 1.

  • PERMITTING AND LICENSURE At Grantee's sole expense, Grantee shall procure and maintain for the duration of this Contract any state, county, city, or federal license, authorization, insurance, waiver, permit, qualification or certification required by statute, ordinance, law, or regulation to be held by Grantee to provide the goods or services required by this Contract. Grantee shall be responsible for payment of all taxes, assessments, fees, premiums, permits, and licenses required by law. Grantee shall be responsible for payment of any such government obligations not paid by its Subcontractors during performance of this Contract.

  • Obligation of the Parties The parties agree to the following obligations under this MOU:

  • Definition of the Parties Without prejudice to Article 49, for the purposes of this Agreement, "the Parties" shall mean the Community, its Member States or the Community and its Member States, within their respective areas of competence, as derived from the Treaty establishing the European Community, on the one hand, and the Andean Community, its Member Countries or the Andean Community and its Member Countries, on the other, in accordance with their respective spheres of competence. The Agreement shall also apply to measures taken by any State, regional or local authorities within the territories of the Parties.

  • Accreditation of Public Schools and Adoption and Implementation of School Plans The District will implement a system of accrediting all of its schools, as described in section 22-11- 307, C.R.S., which may include measures specifically for those schools that have been designated as Alternative Education Campuses, in accordance with the provisions of 1 CCR 301-57. The District will ensure that plans are implemented for each school in compliance with the requirements of the State Board pursuant to 1 CCR 301-1.

  • Evaluation of Teaching 1. All reports on a teacher shall be in writing.

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