Common use of Independence of the Parties Clause in Contracts

Independence of the Parties. Each Party acknowledges that it is acting in its own name and on its own behalf as an independent entity and is not to be considered as an agent of the other Party. Neither of the Parties can undertake, nor commit to, any activities or actions in the name of, or on behalf of, the other Party. Each Party remains solely responsible for its actions, allegations, commitments, services, products and personnel.

Appears in 3 contracts

Samples: Account Administrator Agreement, Account Administrator Agreement, Account Administrator Agreement

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Independence of the Parties. Each Party acknowledges 151. The parties acknowledge that it is acting in its own name and each of them acts on its own behalf as an independent entity entities and is are not considered to be considered as an agent agents of the other Partyone another. 152. Neither of the Parties can undertake, nor commit to, any activities or actions parties may undertake anything in the name of, or of and/or on behalf of, of the other Partyparty. Each Party 153. In addition, each party remains solely responsible for its actions, allegations, commitmentsundertakings, services, products and personnelstaff.

Appears in 2 contracts

Samples: www.afnic.fr, www.afnic.fr

Independence of the Parties. Each Party acknowledges The Parties acknowledge they are fully independent entities acting with total independence in terms of carrying on their own businesses and activities, and therefore it may not at any time be construed that it either of them is acting in its own name and on its own behalf as an independent entity and is not to be considered as an the representative, nominee or agent of the other Party. Neither of the Parties can undertake, nor commit to, any activities or actions in the name of, or on behalf of, the other Party. Each Party remains solely responsible for its actions, allegations, commitments, services, products and personnel.

Appears in 2 contracts

Samples: Automatic Collateral Management Service Agreement, Automatic Collateral Management Service Agreement

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Independence of the Parties. Each Party acknowledges The Parties acknowledge that it is acting in its own name and each of them acts on its own behalf as an independent entity entities and is are not considered to be considered as an agent agents of one another. Neither of the Parties may undertake anything in the name of and/or on behalf of the other Party. Neither of the Parties can undertakeIn addition, nor commit to, any activities or actions in the name of, or on behalf of, the other Party. Each each Party remains solely responsible for its actions, allegations, commitmentsundertakings, services, products and personnelstaff.

Appears in 1 contract

Samples: Registrar Agreement

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