Organizational Relationship Sample Clauses

Organizational Relationship. This MOU does not constitute a commitment regarding any procurement, program, solicitation, and/or request for proposal and/or business activity. This MOU neither constitutes nor creates a joint venture, a partnership under state law, or any formal business organization of any kind. Therefore, it does not create a business organization wherein two or more Parties share profits and losses; and neither party can bind the other party. This MOU does not create a contract to perform work, or a subcontract to perform work, among or between the Parties. This MOU does not create any enforceable contractual relationship between the Parties, unless and until such agreement is incorporated by reference in subsequent written agreements.
Sample 1
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Organizational Relationship. This PA does not constitute a commitment regarding any procurement, program, solicitation, request for proposal or business activity. This PA neither constitutes nor creates a joint venture, a partnership under state law, or formal business organization of any kind wherein two or more parties share profits and losses and either party can bind the other party. Nor does it create a contract to perform work, or a subcontract to perform work, among or between the Parties or any other enforceable contractual relationship between the parties. These types of relationships must be formalized in subsequent IAs.
Sample 1
Organizational Relationship. This PA is not intended by the Parties to constitute or create a joint venture or formal business organization of any kind, nor to create a subcontract, or any other enforceable contractual relationship, between NGC and the Depot. This PA defines and describes a GFSS effort to be performed by the Depot in partnership with NGC. NGC and the Depot shall remain as independent entities at all times, and neither Party shall act as an agent for the other. The Parties recognize that their exclusive remedies under this PA (except as otherwise specifically provided herein) shall be as described in Article 13, Resolution of Disputes and Disagreements.
Sample 1

Related to Organizational Relationship

  • Commercial Relationship The Employee expressly acknowledges that the Employee’s participation in the Program and the Company’s grant of the Award does not constitute an employment relationship between the Employee and the Company. The Employee has been granted the Award as a consequence of the commercial relationship between the Company and the Company’s Subsidiary in Mexico that employs the Employee, and the Company’s Subsidiary in Mexico is the Employee’s sole employer. Based on the foregoing: (a) the Employee expressly acknowledges that the Program and the benefits derived from participation in the Program do not establish any rights between the Employee and the Subsidiary in Mexico that employs the Employee; (b) the Program and the benefits derived from participation in the Program are not part of the employment conditions and/or benefits provided by the Subsidiary in Mexico that employs the Employee; and (c) any modifications or amendments of the Program or benefits granted thereunder by the Company, or a termination of the Program by the Company, shall not constitute a change or impairment of the terms and conditions of the Employee’s employment with the Subsidiary in Mexico.

  • General Relationship Executive shall be considered an employee of the Company within the meaning of all federal, state and local laws and regulations including, but not limited to, laws and regulations governing unemployment insurance, workers’ compensation, industrial accident, labor and taxes.

  • Legal Relationship Nothing in this Agreement is to be construed as creating a partnership, trust arrangement, joint venture, agency, employment relationship or any form of legal relationship between the parties beyond contractual obligations.

  • Contractual Relationship It is understood and agreed that the relationship described in this Agreement between the Parties is contractual in nature and is not to be construed to create a partnership or joint venture or agency relationship between the parties. Neither party shall have the right to act on behalf of the other except as expressly set forth in this Agreement. Contractor will be solely responsible for and will pay all taxes related to the receipt of payments hereunder and shall give reasonable proof and supporting documents, if reasonably requested, to verify the payment of such taxes. No Contractor personnel shall obtain the status of or otherwise be considered an employee of NCTCOG or Participating Entity by virtue of their activities under this Agreement.

  • Reporting Relationship Executive shall report to the Company’s chief executive officer.

  • Banking Relationship Borrower shall at all times maintain its primary banking relationship with Silicon.

  • Lending Relationship Except as disclosed in the Registration Statement, the General Disclosure Package and the Prospectus, the Company (i) does not have any material lending or other relationship with any bank or lending affiliate of any Underwriter and (ii) does not intend to use any of the proceeds from the sale of the Securities to repay any outstanding debt owed to any affiliate of any Underwriter.

  • No Employment Relationship Whether or not any Options are to be granted under this Plan shall be exclusively within the discretion of the Plan Administrator, and nothing contained in this Plan shall be construed as giving any person any right to participate under this Plan. The grant of an Option shall in no way constitute any form of agreement or understanding binding on the Company or any Related Company, express or implied, that the Company or any Related Company will employ or contract with an Optionee, for any length of time, nor shall it interfere in any way with the Company’s or, where applicable, a Related Company’s right to terminate Optionee’s employment at any time, which right is hereby reserved.

  • INDEPENDENT RELATIONSHIP This Agreement is not intended to constitute, create, give effect to or otherwise recognize a joint venture, partnership, or formal business organization, or agency agreement of any kind, and the rights and obligations of the Parties shall be only those expressly set forth herein.

  • Business Relationship The relationship between a landlord and tenant is a business relationship. A courteous and businesslike attitude is required from both parties. We reserve the right to refuse rental to anyone who is verbally abusive, swears, is disrespectful, makes threats, is under the influence, is argumentative, or in general displays an attitude at the time of the unit showing and application process that causes management to believe we would not have a positive business relationship.

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