Mutual Benefits Clause Samples

Mutual Benefits. Each Guarantor represents and warrants to each Finance Party as follows: having taken into account the financial interdependence and mutual reliance between each Guarantor, its subsidiaries, and the Borrower, the continuing financial and other assistance from time to time given by each Guarantor to the Borrower and the other Obligors and vice versa, each Guarantor expects to derive material benefits, directly or indirectly (through the financing provided to its subsidiaries), from the financing obtained under this Facility, both in its separate capacity, as shareholder in various subsidiaries and as member of the Group, since the successful operation and condition of each Guarantor is dependent on the continued successful performance of the functions of the Group as a whole.

Mutual Benefits. The parties acknowledge that from time to time one of the parties may have equipment, services, or facilities available which may be of value or not immediately available to the other. It is agreed that the exchange of such equipment, services, or facilities is of mutual benefit and that said mutual benefit may be adequate consideration for the exchange of such equipment, services, and facilities provided, however, that any significant exchanges of equipment, services, or facilities will be examined on an individual basis to determine whether additional compensation not otherwise provided for in this agreement may be required. In the event an emergency is declared by the appropriate governmental authority, all equipment, services, or facilities of either party used by the other, shall be deemed of mutual benefit.

Mutual Benefits. 3.1 No Charge for Mutual Benefits of Interconnection Both the New England Transmission System and New Brunswick Transmission System, by virtue of being connected to each other and with a much larger Interconnection, share Mutual Benefits such as transient and steady-state support. NBSO and ISO-NE shall not charge one another for such Mutual Benefits.

Mutual Benefits. By signature of the present Agreement and payment of the annual fees, the Partner shall have: - Direct access to PHARO core developers via an automatic subscription to a specific mailing list. - The right to propose to the steering committee (see Article 7) development priorities and the implementation of collaborative projects for the development of ▇▇▇▇▇ applications that are of interest to the Partner. - Access to Support provided by ▇▇▇▇▇ Team in accordance with Articles 1 and 6. - Two days per Year of training provided by PHARO Team at special prices (For the first Year of membership it could be on a pro rata basis according to the full membership months as specified for Support days in article 6 below) - For specific developments, the Partner has access to a list of ▇▇▇▇▇ experts (other than staff of ▇▇▇▇▇ Team). Note that Inria will give only contact details. It shall not be held responsible for any troubles resulting from the use by the Partner of expert’s services. - Its logo posted on most of the ▇▇▇▇▇ website pages. All these benefits and offers will be accessible via the ▇▇▇▇▇ Consortium Website. The Partner will subscribe to all these benefits on ▇▇▇▇▇ Consortium Website.

Mutual Benefits. City and Developer agree that, in making the promises contained in this Agreement, certain benefits and advantages will accrue to both Parties as a result of the performance of this Agreement, and that therefore this Agreement is being entered into in reliance upon the mutual benefits afforded each of the Parties.

Mutual Benefits. The parties acknowledge the mutual benefits to be derived from joint consultation and are prepared to enter into discussion aimed at the development and introduction of appropriate machinery for the purpose of providing joint consultation on matters of common interest.

Mutual Benefits. The Parties acknowledge that this PILOT is the result of good faith negotiations between the Parties and extensive efforts to determine the full and fair cash value of the Project and is fair and beneficial to them because it resolves all issues regarding taxation of the Project, avoiding substantial litigation cost and uncertainty. The Town acknowledges that this PILOT is beneficial to it because it will result in steady, predictable, and reasonable PILOT Payments from the Project. Medway Grid acknowledges that this PILOT is beneficial to it because it provides predictability and certainty with respect to taxation of the Project.

Mutual Benefits. The Parties acknowledge that this PILOT is the result of good faith negotiations between the Parties and extensive efforts to determine the fair cash value of the New Facility and is fair and beneficial to them because it resolves all issues regarding taxation of the New Facility, avoiding substantial litigation cost and uncertainty. The Town acknowledges that this PILOT is beneficial to it because it will result in steady, predictable, and reasonable PILOT Payments from the New Facility. Exelon acknowledges that this PILOT is beneficial to it because it provides predictability and certainty with respect to taxation of the New Facility.

Mutual Benefits. Gen-Z and the OFA share a mutual interest in advancing the state of the art in high performance interconnects. In the case of Gen-Z, the interest is motivated by a requirement to implement memory-like semantics across fabric topologies to support the Gen-Z vision for a distributed memory architecture. Such a data access model implies a requirement for an unusually sophisticated interconnect exhibiting extraordinarily low end-to-end latencies. The OFA’s interest is driven by its basic mission statement, which is to accelerate the development, support, and adoption of new generation fabrics and fabric interfaces for the benefit of the advanced networks ecosystem, including interconnects such as Gen-Z. At the heart of the OFA’s mission is an implied reliance on the consumers of network services to help define the relevant characteristics of the interconnect, and the mechanisms (APIs) used by consumers to access those services.