RELATIONSHIP OF THE PARTIES- INDEPENDENT PARTNERS Sample Clauses

RELATIONSHIP OF THE PARTIES- INDEPENDENT PARTNERS. The Parties agree that the Parties shall be considered independent partners and not agents or employees of the other Party. Neither Party shall have authority to make any statements, representations or commitments of any kind, nor to take any action which shall be binding on the other Party, except as may be expressly provided for herein or authorized in writing. DUTIES AND OBLIGATIONS OF THE COMPANY use its best efforts to make available to the Travel Agency the lowest fares available for all arrangements requested by the Travel Agency employees and comply with the Travel Agency’s travel policies in effect from time to time; use its best efforts to ensure that third party providers of hotel services or vehicle services or other third party goods or services suppliers, selected or used by the Company in the provision of Services to the Travel Agency hereunder, are solvent and provide high quality services; and monitor compliance & report supplier compliance with the Travel Agency’s travel policies as communicated to the Company from time to time.
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RELATIONSHIP OF THE PARTIES- INDEPENDENT PARTNERS. The Parties agree that the Parties shall be considered independent partners and not agents or employees of the other Party. Neither Party shall have authority to make any statements, representations or commitments of any kind, nor to take any action which shall be binding on the other Party, except as may be expressly provided for herein or authorized in writing.
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RELATIONSHIP OF THE PARTIES- INDEPENDENT PARTNERS. The Parties agree that the Parties shall be considered independent partners and not agents or employees of the other Party. Neither Party shall have authority to make any statements, representations or commitments of any kind, nor to take any action which shall be binding on the other Party, except as may be expressly provided for herein or authorized in writing. DISCLOSURE OF CONFIDENTIAL INFORMATION Disclosing Party may disclose Confidential Information to the Receiving Party. The Receiving Party will- Limit disclosure of any Confidential Information to its directors, officers, employees, agents or representatives (collectively “Representatives”) who have a need to know such Confidential Information in connection with the current or contemplated business relationship between the parties to which this Agreement relates, and only for that purpose. Advise its Representatives of the proprietary nature of the Confidential Information and of the obligations set forth in this Agreement, require such Representatives to be bound by written confidentiality restrictions no less stringent than those contained herein, and assume full liability for acts or omissions by its Representatives that are inconsistent with its obligations under this Agreement. Keep all Confidential Information strictly confidential by using a reasonable degree of care, but not less than the degree of care used by it in safeguarding its own confidential information and Do not disclose any Confidential Information received by it to any third parties (except as otherwise provided for herein). COMPELLED DISCLOSURE OF CONFIDENTIAL INFORMATION Notwithstanding anything in the foregoing to the contrary, the Receiving Party may disclose Confidential Information pursuant to any governmental, judicial, or administrative order, subpoena, discovery request, regulatory request or similar method, provided that the Receiving Party promptly notifies, to the extent practicable, the Disclosing Party in writing of such demand for disclosure so that the Disclosing Party, at its sole expense, may seek to make such disclosure subject to a protective order or other appropriate remedy to preserve the confidentiality of the Confidential Information; provided that the Receiving Party will disclose only that portion of the requested Confidential Information that, in the written opinion of its legal counsel, it is required to disclose. The Receiving Party agrees that it shall not oppose and shall cooperate with efforts b...
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RELATIONSHIP OF THE PARTIES- INDEPENDENT PARTNERS. The Parties agree that the Parties shall be considered independent partners and not agents or employees of the other Party. Neither Party shall have authority to make any statements, representations or commitments of any kind, nor to take any action which shall be binding on the other Party, except as may be expressly provided for herein or authorized in writing. FEES AND EXPENSES All fees, costs and other expenses incurred in relation with this agreement and its performance shall be borne by the Agency. INTELLECTUAL PROPERT RIGHTS In no event and under no circumstances shall either Party be liable for any indirect, incidental, consequential or special damages, including, without limitation, loss of revenue or loss of profits, for any reason whatsoever arising under this Agreement, whether arising out of breach of warranty, breach of condition, breach of contract, tort, civil liability or otherwise. REPRESENTATIONS AND WARRANTIES Each party hereby represents and warrants to that: Parties represents and warrants that each has the full legal right to enter into and perform this Agreement and that its entry into and performance of this Agreement does not and will not violate any fiduciary or other duty it may have. Parties acknowledge that each Party is responsible for its own compliance with state and federal laws and all rules and regulations promulgated there under. Both the Parties agree to use its best efforts to comply [[purpose of collaboration]]. Parties retain the right to manage the funds in accordance with its standard practices, including following standard guidelines and policy. INDEMNIFICATION Each Party agrees to indemnify and hold harmless the other Party its officers, directors, employees, legal counsel and its affiliates against any and all losses, claims, damages and liabilities, joint or several, and expenses (including all legal or other expenses reasonably incurred) caused by or arising out of Fraud, Breach, bad faith or willful misconduct in performing the obligations described herein.
Sample 1
RELATIONSHIP OF THE PARTIES- INDEPENDENT PARTNERS. The Parties agree that the Parties shall be considered independent and not agents or employees of the other Party. Neither Party shall have authority to make any statements, representations or commitments of any kind, nor to take any action which shall be binding on the other Party, except as may be expressly provided for herein or authorized in writing. PAYMENT CLAUSE The vendor has received the Sale consideration of Rs.______________ [[Amount in Rs.]] from the vendee as under:- Rs.______________ [[Amount in Rs.]] through Cheque No._______ [[No.]] dt.______________[[Date]] drawn on______________ [[date]] Bank,______________[[Address]] Branch,Distt.___________[[Name]] Rs. ______________[[Amount in Rs.]] cash. RIGHTS, DUTIES AND OBLIGATIONS OF THE VENDEE In pursuance of the agreement executed by the vendor on [[date]] and consideration of______________ [[Amount in Rs]] paid by the vendee to the vendor after deducting a sum of______________ [[Amount in Rs]] which has been received as xxxxxxx money at the time of execution of agreement for sale at or immediately before the execution of this deed, the receipt whereof; The vendee shall be kept indemnified against loss, damages or expenses if any suffered by reason of any defect in title of the vendor or any breach of covenant contained herein. The vendee may get his name recorded in the relevant records after expunging the name of the vendor on the sold property in any manner he deems fit and the vendee is also entitled to use terrace, staircase, open common places, lift, car parking and all other common facilities of the said building. The parking place shown by letters A, B, C, D and marked in the annexed map, will be exclusively used by the vendee without any objection by anyone. That if due to any defect in the title of the vendor, the vended property either in whole or part goes out of possession of the vendee in that case the vendor will be liable to either get the said defect removed in their title or to pay compensation to the vendee. That if due to act of God or any reason the building falls then the vendee shall be entitled to get land of their proportionate share.
Sample 1
RELATIONSHIP OF THE PARTIES- INDEPENDENT PARTNERS. The Parties agree that the Parties shall be considered independent partners and not agents or employees of the other Party. Neither Party shall have authority to make any statements, representations or commitments of any kind, nor to take any action which shall be binding on the other Party, except as may be expressly provided for herein or authorized in writing. DUTIES AND OBLIGATIONS OF THE COMPANY OF FIRST PART [[Company of First Part]] agrees to pay [[Company of Second Part]] a sum of [[Consideration]] which due and payable in installments on [[Date of Payment]] [[Company of First Part]] further agrees to pay to [[Company of Second Part]] a royalty of [[Amount of Royalty]] per cent of the net selling price of the products covered by the agreement for a period of [[Years]] years from the date of execution of the agreement. monitor compliance & report supplier compliance with the Travel Agency’s travel policies as communicated to the Company from time to time. DUTIES AND OBLIGATIONS OF THE SECOND PART [[Company of Second Part]] shall fully and promptly furnish [[Company of First Part]] with such “know-how” as [[Company of First Part]] may require from time to time during the term of this agreement in connection with the manufacture of the products. [[Company of Second Part]] shall grant an exclusive licence to make in India the products by the use of any or all [[Company of Second Part’s]] know-how. [[Company of Second Part]] shall grant a non-exclusive licenses to use and sell the said PRODUCTS throughout the world. In consideration of [[Company of Second Part]] having agreed to disclose to [[Company of First Part]] the latest method of manufacture of PRODUCTS and other processes and having further agreed to supply technical advice
Sample 1
RELATIONSHIP OF THE PARTIES- INDEPENDENT PARTNERS. The Parties agree that the Parties shall be considered independent partners and not agents or employees of the other Party. Neither party shall have authority to make any statements, representations or commitments of any kind, nor to take any action which shall be binding on the other Party, except as may be expressly provided for herein or authorized in writing. PAYMENT The Employer shall make the payment to the Labour every [[Number]] months. DUTIES AND OBLIGATIONS OF THE EMPLOYER That on termination of the agreement the accounts shall be settled within a fortnight. The Employer shall pay the Labour Rs [[Amount]] per day with overtime charges extra if applicable. The Employer shall provide Labour paid weekly offs and organization notified holidays. [[Additional Clause: Type Information Here]] DUTIES AND OBLIGATIONS OF THE LABOUR The Labour shall follow the safety norms strictly including prohibiting smoking inside the premises. Labour should know works of [[Description of work]]. The Labour shall make his own arrangements for transportation to and from the factory premises. [[Additional Clause: Type Information Here]]
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RELATIONSHIP OF THE PARTIES- INDEPENDENT PARTNERS. The Parties agree that the Parties shall be considered independent partners and not agents or employees of the other Party. Neither Party shall have authority to make any statements, representations or commitments of any kind, nor to take any action which shall be binding on the other Party, except as may be expressly provided for herein or authorized in writing. FEES AND EXPENSES INTELLECTUAL PROPERT RIGHTS In no event and under no circumstances shall either Party be liable for any indirect, incidental, consequential or special damages, including, without limitation, loss of revenue or loss of profits, for any reason whatsoever arising under this Agreement, whether arising out of breach of warranty, breach of condition, breach of contract, tort, civil liability or otherwise. REPRESENTATIONS AND WARRANTIES Each party hereby represents and warrants to that: Parties represents and warrants that each has the full legal right to enter into and perform this Agreement and that its entry into and performance of this Agreement does not and will not violate any fiduciary or other duty it may have. Parties acknowledge that each Party is responsible for its own compliance with state and federal laws and all rules and regulations promulgated there under. Both the Parties agree to use its best efforts to comply [[purpose of collaboration]]. Parties retain the right to manage the funds in accordance with its standard practices, including following standard guidelines and policy. INDEMNIFICATION Each Party agrees to indemnify and hold harmless the other Party its officers, directors, employees, legal counsel and its affiliates against any and all losses, claims, damages and liabilities, joint or several, and expenses (including all legal or other expenses reasonably incurred) caused by or arising out of Fraud, Breach, bad faith or willful misconduct in performing the obligations described herein.
Sample 1
RELATIONSHIP OF THE PARTIES- INDEPENDENT PARTNERS. The Parties agree that the Parties shall be considered independent and not agents or employees of the other Party. Neither Party shall have authority to make any statements, representations or commitments of any kind, nor to take any action which shall be binding on the other Party, except as may be expressly provided for herein or authorized in writing. RIGHTS, DUTIES AND OBLIGATIONS OF THE VENDEE In pursuance of the agreement executed by the vendor on [[date]] and consideration of [[Amount in Rs]] paid by the vendee to the vendor after deducting a sum of [[Amount in Rs]] which has been received as xxxxxxx money at the time of execution of agreement for sale at or immediately before the execution of this deed, the receipt whereof; The vendee shall be kept indemnified against loss, damages or expenses if any suffered by reason of any defect in title of the vendor or any breach of covenant contained herein. The vendee may get his name recorded in the relevant records after expunging the name of the vendor on the sold property in any manner he deems fit and the vendee is also entitled to use terrace, staircase, open common places, lift, car parking and all other common facilities of the said building. The parking place shown by letters A, B, C, D and marked in the annexed map, will be exclusively used by the vendee without any objection by anyone. That if due to any defect in the title of the vendor, the vended property either in whole or part goes out of possession of the vendee in that case the vendor will be liable to either get the said defect removed in their title or to pay compensation to the vendee. That if due to act of God or any reason the building falls then the vendee shall be entitled to get land of their proportionate share.
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Related to RELATIONSHIP OF THE PARTIES- INDEPENDENT PARTNERS

  • RELATIONSHIP OF THE PARTIES/INDEPENDENT CONTRACTOR 27.1 Each Party is an independent contractor, and has and hereby retains the right to exercise full control of and supervision over its own performance of its obligations under this Agreement and retains full control over the employment, direction, compensation and discharge of its employees assisting in the performance of such obligations. Each Party and each Party's contractor(s) shall be solely responsible for all matters relating to payment of such employees, including the withholding or payment of all applicable federal, state and local income taxes, social security taxes and other payroll taxes with respect to its employees, as well as any taxes, contributions or other obligations imposed by applicable state unemployment or workers' compensation acts and all other regulations governing such matters. Each Party has sole authority and responsibility to hire, fire and otherwise control its employees. 27.2 Nothing contained herein shall constitute the Parties as joint venturers, partners, employees or agents of one another, and neither Party shall have the right or power to bind or obligate the other. Nothing herein will be construed as making either Party responsible or liable for the obligations and undertakings of the other Party. Except for provisions herein expressly authorizing a Party to act for another, nothing in this Agreement shall constitute a Party as a legal representative or agent of the other Party, nor shall a Party have the right or authority to assume, create or incur any liability or any obligation of any kind, express or implied, against or in the name or on behalf of the other Party unless otherwise expressly permitted by such other Party. Except as otherwise expressly provided in this Agreement, no Party undertakes to perform any obligation of the other Party, whether regulatory or contractual, or to assume any responsibility for the management of the other Party's business.

  • Relationship of the Parties Nothing contained in this Agreement shall be construed to make one Party an agent of the other Party nor shall either party have any authority to bind the other in any respect, unless expressly authorized by the other party in writing. The Parties are independent contractors and nothing in this Agreement creates a relationship of employment, trust, agency or partnership between them.

  • Relationship of Advisor and Company The Company and the Advisor are not partners or joint venturers with each other, and nothing in this Agreement shall be construed to make them such partners or joint venturers or impose any liability as such on either of them.

  • Relationship of Parties Nothing in this Agreement shall be deemed or construed by the parties or any third party as creating the relationship of principal and agent, partnership or joint venture between the parties, it being understood and agreed that no provision contained herein, and no act of the parties, shall be deemed to create any relationship between the parties other than the relationship set forth herein.

  • Outside Activities of Limited Partners Subject to any agreements entered into by a Limited Partner or its Affiliates with the General Partner, Partnership or a Subsidiary, any Limited Partner and any officer, director, employee, agent, trustee, Affiliate or stockholder of any Limited Partner shall be entitled to and may have business interests and engage in business activities in addition to those relating to the Partnership, including business interests and activities in direct competition with the Partnership or that are enhanced by the activities of the Partnership. Neither the Partnership nor any Partners shall have any rights by virtue of this Agreement in any business ventures of any Limited Partner or Assignee. Subject to such agreements, none of the Limited Partners nor any other Person shall have any rights by virtue of this Agreement or the partnership relationship established hereby in any business ventures of any other Person, other than the Limited Partners benefiting from the business conducted by the General Partner, and such Person shall have no obligation pursuant to this Agreement to offer any interest in any such business ventures to the Partnership, any Limited Partner or any such other Person, even if such opportunity is of a character which, if presented to the Partnership, any Limited Partner or such other Person, could be taken by such Person.

  • Independent Parties For purposes of this Agreement, the Parties are independent contractors and neither may be considered an agent or an employee of the other. No joint venture, partnership or like relationship is created between the Parties by this Agreement.

  • Outside Activities of the Limited Partners Subject to the provisions of Section 7.5, which shall continue to be applicable to the Persons referred to therein, regardless of whether such Persons shall also be Limited Partners, any Limited Partner shall be entitled to and may have business interests and engage in business activities in addition to those relating to the Partnership, including business interests and activities in direct competition with the Partnership Group. Neither the Partnership nor any of the other Partners shall have any rights by virtue of this Agreement in any business ventures of any Limited Partner.

  • 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.

  • 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.

  • Responsibility of the Parties The Parties undertake to indemnify each other for any damage (loss) caused by their partial or complete non-performance or improper performance of the Agreement, and the indemnification of damage (loss) does not relieve the Parties from the performance/payment of their obligations under the Agreement. In addition, the Customer shall be liable for any damage (loss) caused to the Bank by its partial or complete non-performance or improper performance of the Agreement. Inter alia, in the event of a breach of the term specified in the subsection 3.3.6. of Annex N1 to the Bank Guarantee Agreement, Bank is entitled to charge the Customer with additional amount of the respective Interest (as the damage (loss) inflicted) for the period of breach of the term or the Bank shall be entitled to repay the above obligations not later than 14 (fourteen) calendar days after the written application. Indemnification of the damage (loss) does not release the Customer from the performance/payment of the obligations under the Agreement. Notwithstanding the guarantees specified in Sections 5.1 and 5.2. of Annex N1 to the Bank Guarantee Agreement, in order to ensure full and proper performance of the Customer’s obligations under the Agreement, and, respectively, to secure the Bank’s rights and claims, the Customer hereby expressly gives its prior consent that the Bank is fully authorized to: In the case of several debt arrears, determine the sequence and order of payments of Bank Guarantee and the payments under it; Block any Account of the Customer without acceptance in the amount of the payment due and in accordance with its applicable rules until any payment is under the Agreement is fully and duly covered; Write off without acceptance all payments due from the any Account of the Customer, and if the payment due and the amount available on the Account are in different currencies, the Bank itself can perform conversion at the commercial rate of exchange applicable at the Bank on the date of payment or the rate of exchange agreed with the Customer (if any), and write off also the conversion cost without acceptance from the Account, and channel the converted amount to cover the appropriate payments. During the period of Force Majeure, the Bank shall not be liable for complete or partial nonfulfillment or improper fulfillment of its obligations under the Agreement. In the event of Force Majeure, the Parties shall be guided by ICC Uniform Rules. Any official communication between the Parties shall be in writing. The written notice intended to the Party may be delivered in person or sent by a courier (including an international courier) or through a post delivery (including by a registered letter). For urgency and subject to the following provisions, except by submitting to the Customer a claim for full performance of its obligations under the Agreement or notifying about the complete or partial termination of the Agreement, it is permissible to notify the other Party by email or other electronic means (including via mobile banking, internet banking) provided that upon request of the other Party, such notice shall also be provided in writing within a reasonable time. The notice shall be deemed to have been accepted by the addressee on the day of its receipt if the receipt of the notice is confirmed by the addressee (including by electronic document, receipt, other appropriate means of notification, etc.). If the receipt of the notice is not confirmed by the addressee, any such notice shall be deemed to have been sent and received accordingly: In case of sending a written message by a courier or registered mail - on the day of confirmation of delivery; In case of sending by email and/or other electronic means - on the second Banking Day after the date of sending; Notice shall be deemed to have been received even if the notice is returned to the notifying Party due to the absence of the addressee of the notification on the sent address/contact data, the addressee refuses to receive the notice or avoids receiving it. The Parties will communicate according to the addresses/contact details specified in the Agreement (or any other address/contact information that one Party will provide in writing to the other). The Party is obliged to notify the other Party on the change of the above address or any of their data in a timely manner, otherwise the communication (notification etc.) carried out to the address indicated by the Party shall be deemed to have been duly performed.

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