Relationship Between Partners Sample Clauses

Relationship Between Partners. Status of General Partner 3.1 The General Partner represents and warrants to and covenants with each Limited Partner that: (a) the General Partner is and will continue to be a valid and subsisting corporation under the laws of British Columbia or such other jurisdiction under which the General Partner is continued or under which a successor to the General Partner is incorporated, amalgamated or continued, and is and will continue to be qualified to carry on business in British Columbia and in every other jurisdiction in which that qualification is necessary, and (b) the General Partner has and will continue to have the legal capacity and authority to act as the General Partner and to perform its obligations under this Agreement, and those obligations do not and will not conflict with or constitute a default under its constating documents or any agreement by which it is bound. 3.2 Each Limited Partner represents and warrants to and covenants with each other Partner that such Limited Partner: (a) is, and while a Holder will continue to be, “resident” in Canada within the meaning of the Tax Act; (b) is not, and while a Holder will never be, a “non-Canadian” within the meaning of the Investment Canada Act (Canada); (c) has and will continue to have the capacity and competence to enter into and be bound by this Agreement; and (d) will, at the request of the General Partner, from time to time provide such evidence of compliance with such representations, warranties and covenants as the General Partner requires.
Sample 1
Relationship Between Partners. 6 2.1 Formation of the Partnership ...................................................................................6 2.2 Name of the Partnership ...........................................................................................6 2.3 Activities of the Partnership.....................................................................................7 2.4
Sample 1
Relationship Between Partners. 2.1 The partner organisations may collaborate to submit proposals to donors jointly seeking funding to carry out programmes. Where funding is secured, whichever of Partner Organisations is receiving funding from the donor and therefore has legal responsibility to the donor for expenditure of the funds on the implementation of the Programme will be the lead partner in the partnership. Notwithstanding this, the relationship between the Partner Organisations will be one of equality, transparency and mutual accountability. Each Partner Organisation shall be consulted and their input sought on all issues fundamental to the programme, with each expected to reply within a reasonable amount of time. Communications between the Partner Organisations will at all times be respectful and courteous. If there is a disagreement about how to proceed during the programme, MRG and xxxx will take reasonable steps to try to negotiate a solution or otherwise resolve the issue. If these steps are not successful, whichever partners is the lead partner (i.e. the partner in receipt of funding from the largest donor supporting a programme) will have the final say in resolving any pending issues. Prior to any such decision, the lead partner will inform the other partner both verbally and in writing and will allow the other partner one week to reply.
Sample 1
Relationship Between Partners. Representation and Warranty of the General Partner 32 Representations and Warranties of Each Limited Partner 32 Limitations on Authority of Each Limited Partner 33 Unlimited Liability of the General Partner 33 Limited Liability of Each Limited Partner 33 Covenant of General Partner with Respect to the Partnership 33 Covenant of General Partner with Respect to Each Limited Partner 33 Indemnification by the General Partner 34 No Encumbrances or Other Transfers 34 No "Canadian Partnership" 34
Sample 1
Relationship Between Partners 
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Related to Relationship Between Partners

  • Relationship Between Parties Each party will be deemed to represent to the other party on the date on which it enters into a Transaction that (absent a written agreement between the parties that expressly imposes affirmative obligations to the contrary for that Transaction):

  • RELATIONSHIP BETWEEN THE PARTIES A Party is not by virtue of this Agreement the employee, agent or partner of the other Party and is not authorised to bind or represent the other Party.

  • No Contractual Relationship Between Sub Servicer, Trustee or the Certificateholders. Any Sub-Servicing Agreement and any other transactions or services relating to the Mortgage Loans involving a Sub-Servicer shall be deemed to be between the Sub-Servicer and the Servicer alone and the Trustee and the Certificateholders shall not be deemed parties thereto and shall have no claims, rights, obligations, duties or liabilities with respect to any Sub-Servicer except as set forth in Section 3.05.

  • Relationship Among Parties CNHCA and the Seller acknowledge and agree that the Underwriters are acting solely in the capacity of an arm’s length contractual counterparty to CNHCA and the Seller with respect to the offering of the Notes contemplated hereby (including in connection with determining the terms of the offering) and not as a financial advisor or a fiduciary to, or an agent of, CNHCA, the Seller or any other person. Additionally, none of the Underwriters are advising CNHCA, the Seller or any other person as to any legal, tax, investment, accounting or regulatory matters in any jurisdiction. CNHCA and the Seller shall consult with their own advisors concerning such matters and shall be responsible for making their own independent investigation and appraisal of the transactions contemplated hereby, and the Underwriters shall have no responsibility or liability to CNHCA or the Seller with respect to any such legal, tax, investment, accounting or regulatory matters. Any review by the Underwriters of CNHCA, the Seller, the transactions contemplated hereby or other matters relating to such transactions will be performed solely for the benefit of the Underwriters and shall not be on behalf of CNHCA or the Seller.

  • Relationship Management LAUSD expects Contractors and their Representatives to ensure that their business dealings with and/or on behalf of LAUSD are conducted in a manner that is above reproach.

  • Partners If the Partnership declines to purchase said ownership interest under said notice period, each Partner shall jointly and severally be given a first right of refusal within days’ notice to purchase the ownership interest under the same terms and conditions agreed upon by the potential buyer. If more than one (1) Partner agrees to purchase, they shall be obligated to share the terms of the purchase equally.

  • Parties’ Relationship The parties to the Agreement are independent parties. BNY Mellon, in furnishing the Services, is acting as an independent contractor. BNY Mellon has the sole right and obligation to supervise, manage, contract, direct, procure, perform or cause to be performed, all work to be performed by BNY Mellon and its employees, agents, independent contractors and other representatives under the Agreement. At no time shall any such individuals represent himself or herself as an employee of a Fund or be considered an employee of a Fund. BNY Mellon is not a joint venturer with, nor an employee, agent or partner of the Funds and has no authority to represent or bind the Funds as to any matters.

  • EMPLOYMENT RELATIONSHIPS The ORGANIZATION, its employees, volunteers or agents performing under this Agreement are not deemed to be employees of the COUNTY, nor volunteers or agents of the COUNTY in any manner whatsoever. No officer, employee, volunteer or agent of the ORGANIZATION will hold themselves out as, or claim to be, an officer, employee, volunteer or agent of the COUNTY by reason hereof, nor will they make any claim, demand or application to or for any right or privilege applicable to an officer, employee volunteer or agent of the COUNTY. The parties agree that the COUNTY will not be responsible for the payment of any industrial insurance premiums or related claims or other benefits that may arise during the performance of services under this Agreement for any ORGANIZATION employee or volunteer, or for any consultant’s, contractor’s or subcontractor’s employee(s) or agent(s) that has been retained by the ORGANIZATION.

  • 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.

  • Banking Relationships Schedule 3.22 shows the names and locations of all banks, trust companies and other financial institutions in which the Company has accounts, lines of credit or safety deposit boxes and, with respect to each account, line of credit or safety deposit box, the names of all Persons authorized to draw thereon or to have access thereto.

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