Mutual trust Sample Clauses

Mutual trust uib gmbh will handle informations given by the opsi partner confidentially, unless expressly declared for publication.
Sample 1
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Mutual trust the opsi partner declares to • use all material, information and access to information systems provided by uib gmbh for activities in connection with this contract only. This is non- transferable. • inform uib gmbh immediately about contract relevant or forthcoming changes regarding the conditions and requirements the application as an opsi partner is based on. • inform uib gmbh about activities and results from leads forwarded by uib gmbh. • inform uib gmbh regarding the continuous qualification as a certified opsi partner. This especially means to inform uib gmbh about employees or co- workers leaving the company, which the opsi certification is based on.
Sample 1
Mutual trust. In entering into this Agreement the Parties hereto recognise that it is impracticable to make provisions for every contingency that may arise in the course of performance hereof and accordingly the Parties hereto hereby declare it to be their intention that this Agreement shall operate between them with fairness and without detriment to either Party and if in the course of performance of this Agreement any unfairness to any Party is disclosed or anticipated the Parties hereto shall use their best endeavours to negotiate in good faith and agree upon such action as may be necessary and equitable to remove the cause or causes for the same provided however, that no modification or amendment of this Agreement and no waiver of any of the terms and conditions hereof shall be valid unless made in writing and signed by the Parties hereto. [The rest of this page is left blank intentionally.]
Sample 1
Mutual trust. In entering into this Agreement, Atlantic and PTML recognize that it is impractical to make provision for every contingency and accordingly Atlantic and PTML hereby declare it to be their intention that this Agreement will operate between them with fairness and without detriment to the interests of either of them and if in the course of performance of this Agreement unfairness to any party is disclosed or anticipated then Atlantic and PTML will use their best endeavours to agree upon such action as may be necessary and equitable to remove the cause or causes of the same.
Sample 1
Mutual trust. Trust is a necessary condition for effective partnerships (Xxxxxxx 2009: 697). Projects that rely on joint ventures between two or more actors need not only to ensure trust but also each part has to be trustworthy. This suggests that when partnership is born out of, or created through a positive social capital engagement, it is likely to expect positive outcomes. For partnering to be effective, there must be transparency leading to trust, whereby there is honesty and openness without hidden agendas, and there must be perceived mutual benefit for the partners. Xxxxxx, Xxx-Xxxxxx, Xxxxxx, Xxxxxxxxx, Xxx, Xxxxxxxx and Xxxxxxx (2011: 1070) regard trust as the decision to rely on another party (i.e. person, group or firm) under a condition of relational risk with the expectation of, at least, a neutral, if not a positive, outcome. Trust can also be regarded as a psychological state comprising the intention to accept vulnerability based upon positive expectations of the intentions or behaviour of another (Xxxxx 2000: 72). According to Xxxxxxxxxxxx-Xxxxxxx (2010: 510), the partnering relationship should be based on trust, dedication to common goals and understanding each other's individual expectations and values. Trust, according to Xxxxxxxx and Xxxxxx (2004: 161), is the willingness to rely on an exchange partner in whom one has confidence. Creating trust among organisations is a basic requirement for them to quickly join their efforts in the dynamic formation of a goal- oriented collaborative network, in order to respond to market opportunities, and thus commit themselves to the established collaboration. Trust and commitment, according to Xxxx and Xxx (2008: 225), are pre-requisites for successful partnering. Mutual trust is the confidence of partners that the other will behave in a predictable manner without acting against the partner. Building open, trust-based relationships is the key to successful partnership development (Xxxx and Xxx 2008: 223). Trust may not be present at the beginning, but needs to be cultivated over time. If it cannot be established or is lost, the partnership is unlikely to be sustainable. Trust between two organisations dynamically evolves over time. Partnering parties need to understand that once a partnership arrangement is entered into, a hybrid organizational culture will emerge. The partnering parties open their information, knowledge and assets to their partners. Trust, according to Xx-Xxxxxx (2012: 7), is decisive for continu...
Sample 1
Mutual trust. My therapist and I are entering into this contract in a trusting manner. I need to trust that my therapist has made a commitment to work with me and will actually be available as per the terms and conditions of this contract. Similarly, my therapist needs to trust that I will maintain my commitment to the terms of this contract. Each party is responsible for maintaining that trust.
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Mutual trust. Recognizing that building and maintaining trust can be achieved by sharing information, jointly developing effective communication methods and delivering on commitments;
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Mutual trust. 14.1 In entering this MoA, the parties recognize that it is impracticable to make provision for every contingency that may arise and that both parties hereby declare it is to be the intention of the parties that is MoA to operate between them with fairness and without determent to the interest of either party. 14.2 Matters not specifically provided herein shall be decided in good faith through mutual consultation and sincerity between the parties hereto. 14.3 The parties herein agree to use their best endeavor to ensure the success of the MoA in the spirit it is entered into.
Sample 1
Mutual trust. A party shall not conduct itself in its dealings with the other and third Parties in a manner that will destroy or seriously damage the relationship of trust and confidence between the Parties and thereby detrimentally prejudice the interests of the other party. The Firm shall through its best endeavours and in all its dealings, protect the reputation, image and interests of the Fund.
Sample 1

Related to Mutual trust

  • PERPETUAL TRUSTEES W A. LTD. (ACN 008 666 886) of 00 Xx. Xxxxxx’s Terrace Perth in the State of Western Australia as trustee of the Burswood Property Trust (“the Trustee”); BURSWOOD RESORT (MANAGEMENT) LIMITED (ACN 009 396 945) of 00 Xxx Xxxxxxxxx Xxxxx xx xxx Xxxxx xx Xxxxxxx Xxxxxxxxx as manager of the Burswood Property Trust (“the Manager”) of the third part.

  • Initial Trustee Upon his execution of this Declaration of Trust or a counterpart hereof or some other writing in which he accepts such Trusteeship and agrees to the provisions hereof, the individual whose signature is affixed hereto as Initial Trustee shall become the Initial Trustee hereof.

  • Anti-Trust The MA Dual SNP hereby certifies to HHSC that neither the MA Dual SNP, nor the person represented by the MA Dual SNP, nor any person acting for the represented person, has been found by a judgment of a court of law to have violated the anti-trust laws codified by Chapter 15, Texas Business and Commerce Code, or the federal anti-trust laws.

  • Voting Trust The voting trust hereby created shall commence on the date hereof and continue through and including December 31, 2005. Throughout such period the Trustee shall have the exclusive right to vote upon such shares or to give written consents in lieu of voting thereon, subject to any limitation on the right to vote contained in the Articles of Incorporation or other certificate filed pursuant to law, in person or by proxy at all meetings of the shareholders of the Corporation, and in all proceedings wherein the vote or written consent of shareholders may be required or authorized by law.

  • The Trust World Omni acknowledges and agrees that (a) WOAR will, pursuant to the Sale and Servicing Agreement, sell the Receivables to the Trust and assign its rights under this Agreement to the Trust and (b) the Trust will, pursuant to the Indenture, grant the Receivables and its rights under this Agreement and the Sale and Servicing Agreement to the Indenture Trustee on behalf of the Noteholders. World Omni hereby consents to all such sales and assignments and agrees that the Trust or, if pursuant to the Indenture, the Indenture Trustee, may exercise the rights of WOAR and enforce the obligations of World Omni hereunder directly and without the consent of WOAR.

  • Investment Management Trust Agreement The Company has entered into the Trust Agreement with respect to certain proceeds of the Offering and the Private Placement substantially in the form filed as an exhibit to the Registration Statement.

  • Directors, Trustees and Shareholders and Massachusetts Business Trust It is understood and is expressly stipulated that neither the holders of shares in the Fund nor any Directors or Trustees of the Fund shall be personally liable hereunder. With respect to any Fund which is a party to this Agreement and which is organized as a Massachusetts business trust (“Trust”), the term “Fund” means and refers to the trust established by its applicable trust agreement (Declaration of Trust) as the same may be amended from time to time. It is expressly agreed that the obligations of any such Trust hereunder shall not be binding upon any of the trustees, shareholders, nominees, officers, agents or employees of the Trust, personally, but bind only the trust property of the Trust, as provided in the Declaration of Trust of the Trust. The execution and delivery of this Agreement has been authorized by the trustees and signed by an authorized officer of the Trust, acting as such, and neither such authorization by such Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them, but shall bind only the trust property of the Trust as provided in its Declaration of Trust.

  • Co-Trustees (a) It is the purpose of this Indenture that there shall be no violation of any law of any jurisdiction denying or restricting the right of banking corporations or associations to transact business as trustee in such jurisdiction. It is recognized that in case of litigation under this Indenture, and in particular in case of the enforcement thereof in an Event of Default, or in the case the Trustee deems that by reason of any present or future law of any jurisdiction it may not exercise any of the powers, rights or remedies herein granted to the Trustee or take any action which may be desirable or necessary in connection therewith, or to avoid having to submit to the courts or other governmental entities in a foreign jurisdiction to which it is not already subject personally or otherwise, it may be necessary that the Trustee appoint an individual or institution as a separate or co-trustee. The following provisions of this Section 8.14 are adopted to these ends. (b) In the event that the Trustee appoints an additional individual or institution as a separate or co-trustee, each and every remedy, power, right, claim, demand, cause of action, immunity, estate, title, interest and lien expressed or intended by this Indenture to be exercised by or vested in or conveyed to the Trustee with respect thereto shall be exercisable by and vest in such separate or co-trustee but only to the extent necessary to enable such separate or co-trustee to exercise such powers, rights and remedies, and every covenant and obligation necessary to the exercise thereof by such separate or co-trustee shall run to and be enforceable by either of them. (c) Should any instrument in writing from the Company and/or the Guarantor, as applicable, be required by the separate or co-trustee so appointed by the Trustee for more fully and certainly vesting in and confirming to him or it such properties, rights, powers, trusts, duties and obligations, any and all such instruments in writing shall, on request, be executed, acknowledged and delivered by the Company and/or the Guarantor, as applicable; provided, that if an Event of Default shall have occurred and be continuing, if the Company and/or the Guarantor, as applicable, does not execute any such instrument within 15 days after request therefor, the Trustee shall be empowered as an attorney-in-fact for the Company and/or the Guarantor, as applicable, to execute any such instrument in the name and stead of the Company and/or the Guarantor, as applicable. In case any separate or co-trustee or a successor to either shall become incapable of acting, resign or be removed, all the estates, properties, rights, powers, trusts, duties and obligations of such separate or co-trustee, so far as permitted by law, shall vest in and be exercised by the Trustee until the appointment of a new trustee or successor to such separate or co-trustee. (d) Every separate trustee and co-trustee shall, to the extent permitted by law, be appointed and act subject to the following provisions and conditions: (i) all rights and powers. conferred or imposed upon the Trustee shall be conferred or imposed upon and may be exercised or performed by such separate trustee or co-trustee; and (ii) no trustee hereunder shall be personally liable by reason of any act or omission of any other trustee hereunder. (e) Any notice, request or other writing given to the Trustee shall be deemed to have been given to each of the then separate trustees and co-trustees, as effectively as if given to each of them. Every instrument appointing any separate trustee or co-trustee shall refer to this Indenture and the conditions of this Section 8.14. (f) Any separate trustee or co-trustee may at any time appoint the Trustee as its agent or attorney-in-fact with full power and authority, to the extent not prohibited by law, to do any lawful act under or in respect of this Indenture on its behalf and in its name. If any separate trustee or co-trustee shall die, become incapable of acting, resign or be removed, all of its estates, properties. rights. remedies and trusts shall vest in and be exercised by the Trustee. to the extent permitted by law, without the appointment of a new or successors trustee.

  • The Trust Agreement The Trust Agreement has been duly authorized, executed and delivered by the Company and constitutes a valid and legally binding obligation of the Company enforceable against the Company in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency or similar laws affecting the enforcement of creditors’ rights generally or by equitable principles relating to enforceability.

  • Successor Trustees Trustee may resign by the giving of notice of such resignation in writing or verbally to Beneficiary. If Trustee shall die, resign or become disqualified from acting in the execution of this trust, or if, for any reason, Beneficiary shall prefer to appoint a substitute trustee or multiple substitute trustees, or successive substitute trustees or successive multiple substitute trustees, to act instead of the aforenamed Trustee, Beneficiary shall have full power to appoint a substitute trustee (or, if preferred, multiple substitute trustees) in succession who shall succeed (and if multiple substitute trustees are appointed, each of such multiple substitute trustees shall succeed) to all the estates, rights, powers and duties of the aforenamed Trustee. Such appointment may be executed by any authorized agent of Beneficiary, and if such Beneficiary be a corporation and such appointment be executed in its behalf by any officer of such corporation, such appointment shall be conclusively presumed to be executed with authority and shall be valid and sufficient without proof of any action by the board of directors or any superior officer of the corporation. Grantor hereby ratifies and confirms any and all acts which the aforenamed Trustee, or Trustee’s successor or successors in this trust, shall do lawfully by virtue hereof. If multiple substitute trustees are appointed, each of such multiple substitute trustees shall be empowered and authorized to act alone without the necessity of the joinder of the other multiple substitute trustees, whenever any action or undertaking of such substitute trustees is requested or required under or pursuant to this Deed of Trust or applicable law.

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