Purposes and Scope Sample Clauses

Purposes and Scope. The Parties hereto understand and agree that this Collaboration is limited to the activities, rights and obligations as set forth in this Agreement. Nothing in this Agreement shall be construed (a) to create or imply a general partnership between the Parties, (b) to make either Party the agent of the other for any purpose, (c) to alter, amend, supersede or vitiate any other arrangements between the Parties with respect to any subject matters not covered hereunder, (d) to give either Party the right to bind the other, (e) to create any duties or obligations between the Parties except as expressly set forth herein, or (f) to grant any direct or implied licenses or any other right other than as expressly set forth herein.

Purposes and Scope. The Parties hereto understand and agree that this Development Program is limited solely to the Field in the Territory, and to the activities, rights, and obligations as set forth in this Agreement. Nothing in this Agreement shall be construed (a) to create or imply a general partnership between the Parties, (b) to make either Party the agent of the other for any purpose, (c) to alter, amend, supersede, or vitiate any other arrangements between the Parties with respect to any subject matters not covered hereunder, (d) to give either Party the right to bind the other, (e) to create any duties or obligations between the Parties except as expressly set forth herein, or (f) to grant any direct or implied licenses or any other right other than as expressly set forth herein.

Purposes and Scope. Subject to the provisions of this Agreement, the purpose of the Partnership is to engage in any lawful business which may be engaged in by a limited partnership organized under the Act, as such business activities may be determined by the General Partner from time to time.

Purposes and Scope. Nothing in this Agreement shall be construed (a) to create or imply a general partnership between the Parties, (b) to make either Party the agent of the other for any purpose, (c) to alter, amend, supersede or vitiate any other arrangements between the Parties with respect to any subject matters not covered hereunder, (d) to give either Party the right to bind the other Party or such other Party’s Affiliates, (e) to create any duties or obligations between the Parties except as expressly set forth herein, or (f) to grant any direct or implied licenses or any other right other than as expressly set forth herein.

Purposes and Scope. The Strategic Alliance is limited solely to the Field in the Territory and to the activities, rights and obligations as set forth in this Agreement. Nothing in this Agreement shall be construed (i) to create or imply a general partnership, limited partnership or other legal entity between the parties, (ii) to make either party the agent of the other for any purpose, (iii) to alter, amend, supersede or vitiate any other arrangements between the parties Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the Company's application requesting confidential treatment under Rule 406 of the Securities Act. with respect to any subject matters not covered hereunder, (iv) to give either party the right to bind the other, (v) to create any duties or obligations between the parties except as expressly set forth herein, or (vi) to grant any direct or implied licenses or any other right other than as expressly set forth herein.

Purposes and Scope. The Parties hereto understand and agree that this Collaboration is limited to the activities, rights and obligations as set forth in this Agreement. Nothing in this Agreement shall be construed (a) to create or imply a general partnership between the Parties, (b) to make either Party the agent of the other for any purpose, (c) to alter, amend, supersede or vitiate any other arrangements between the Parties with respect to any subject matters not covered hereunder, (d) to give either Party the right to bind the other, (e) to create any duties or obligations between the Parties except as expressly set forth herein, or (f) to grant any direct or implied licenses or any other right other than as expressly set forth herein. In addition, (i) AstraZeneca shall have no duty or obligation, fiduciary or otherwise, (x) to Exploit any Collaboration Compound, Candidate Drug, Product, Additional Compound or other compound or product except as expressly set forth in Section 5.5.1 or (y) not to Exploit any other compound or product in or outside the Field, except as set forth in Section 8.6.3 or, solely with respect to Terminated Compounds, as otherwise expressly provided in this Agreement, and (ii) Targacept shall have no duty or obligation, fiduciary or otherwise, not to Exploit any compound or product in or outside the Field, except as set forth in Sections 8.6.1 and 8.6.2 or as otherwise expressly provided in this Agreement. Nothing in this Section 17.8 is intended to expand the rights granted by either Party to the other Party under this Agreement.

Purposes and Scope. Subject to the provisions of this Agreement, the purposes of the Company are to: (a) acquire (directly or through subsidiaries) the operations of the Xxxx Companies and the Suiza Companies through the Mergers and the Contributions; (b) own, operate, manage, maintain, improve, develop, purchase, sell or exchange, and otherwise acquire or dispose of, Plastics Operations; provided, however, that the Company may also invest or expend up to $25 million in the aggregate to own, operate, manage, maintain, improve, develop, purchase, and otherwise acquire or dispose of non-plastic packaging operations; (c) borrow money in furtherance of any or all of the objectives of the Company business, and to secure the same by mortgage, pledge, or other liens; and (d) do any and all other acts or things that may be incidental or necessary to carry on the business of the Company as herein contemplated. The Company shall not engage in any other business or activity not intended to implement the foregoing without the prior written consent of the Management Committee.

Purposes and Scope. 8 4.1 Capital Contributions; Initial Capital Contributions.............9 4.2

Purposes and Scope. Subject to the provisions of this Agreement, the Company is formed to acquire, hold, manage, and operate an asphalt receiving, processing, storage, and handling terminal, to engage in any activity necessary or convenient to accomplish its purposes and operate its business as set forth herein as the Members may from time-to-time determine; and to exercise all powers permitted thereby. This Agreement does not and shall not be construed to govern any business relationships between the parties other than those specified in this Agreement.

Purposes and Scope. The principal purpose of the Company shall be to transact any and all lawful business for which limited liability companies may be organized under the Act.