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Responsibility of Both Parties Sample Clauses

Responsibility of Both Parties. During the implementation of the Project, the Parties will avoid jeopardising the good name and reputation of the other Party with statements or actions that may directly or indirectly affect that party.
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Responsibility of Both Parties. Party B will supply facilities for the Party A starting from 6/1998. The total cost of these facilities is HK$3,040,000. Party B will supply all the material, supplementary material and packaging material while Party A will offer the corresponding plant, electricity and labor. Under the period of agreement, Party A should take the responsibility of process production and all the manufacturing products shmid direct to Party B only. Moreover, Party A can ask Party B for process cost or rent, land usage fee as well as management fee. After delivering all the facilities to Party A, Party B must at once send professionals to Party A in order to provide assembly and technique assistance. All the fees like wages, travelling telephone fees, daily electricity fees and accommodation fees spent by the technicians should be paid by Party B.
Sample 1
Responsibility of Both Parties. 6.1 In the case of untimely or only partial delivery, The Buyer can make the Provider pay fine within the amount of refinancing rate of RF Central Bank
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Responsibility of Both Parties. The cost of the Title Commitment and the standard owner’s policy of title insurance to be issued pursuant to the Title Commitment and the Closing Agent’s fees and costs shall be split equally by the Parties.
Sample 1
Responsibility of Both Parties. 1. Both parties are responsible to submit to the Liaison Committee the following: a. Physician who are members of the PMA in good standing who are willing to provide free professional services to the active members of the AFP to include commissioned officers and enlisted personnel. b. Rooster of the active members of the Armed Forces of the Philippines to include commissioned and enlisted personnel who are entitled to these benefits under the Memorandum of Agreement. 2. The PMA will provide the following for the successful implementation of the Memorandum of Agreement. a. Professional expertise of physician members of the PMA in good standing who voluntarily consents. These professional services are with no compensation except for the PHIC or other insurance benefits accruing for the sick personnel of the Armed Forces of the Philippines. b. An updated list of volunteer physicians. 3. The Armed Forces of the Philippines will provide but not limited to the following; a. Logistical support to include medicines and other medical supplies. b. Logistical support in terms of transportation and accommodation of the volunteer physicians. c. Provide the necessary security requirements.
Sample 1
Responsibility of Both Parties 
Sample 1

Related to Responsibility of Both Parties

  • Responsibility of Custodian So long as and to the extent that it is in the exercise of reasonable care, the Custodian shall not be responsible for the title, validity or genuineness of any property or evidence of title thereto received by it or delivered by it pursuant to this Contract and shall be held harmless in acting upon any notice, request, consent, certificate or other instrument reasonably believed by it to be genuine and to be signed by the proper party or parties, including any futures commission merchant acting pursuant to the terms of a three-party futures or options agreement. The Custodian shall be held to the exercise of reasonable care in carrying out the provisions of this Contract, but shall be kept indemnified by and shall be without liability to the Fund for any action taken or omitted by it in good faith without negligence. It shall be entitled to rely on and may act upon written advice of counsel (who may be counsel for the Fund) on all matters, and shall be without liability for any action reasonably taken or omitted pursuant to such advice. Except as may arise from the Custodian’s own negligence or willful misconduct or the negligence or willful misconduct of a sub-custodian or agent, the Custodian shall be without liability to the Fund for any loss, liability, claim or expense resulting from or caused by; (i) events or circumstances beyond the reasonable control of the Custodian or any sub-custodian or U.S. or Foreign Securities System or any agent or nominee of any of the foregoing, including, without limitation, nationalization or expropriation, imposition of currency controls or restrictions, the interruption, suspension or restriction of trading on or the closure of any securities market, power or other mechanical or technological failures or interruptions, computer viruses or communications disruptions, acts of war or terrorism, riots, revolutions, work stoppages, natural disasters or other similar events or acts; (ii) errors by the Fund or the Investment Adviser in their instructions to the Custodian provided such instructions have been in accordance with this Contract; (iii) the insolvency of or acts or omissions by a U.S. or Foreign Securities System; (iv) any delay or failure of any broker, agent or intermediary, central bank or other commercially prevalent payment or clearing system to deliver to the Custodian’s sub-custodian or agent securities purchased or in the remittance or payment made in connection with securities sold; (v) any delay or failure of any company, corporation, or other body in charge of registering or transferring securities in the name of the Custodian, the Fund, the Custodian’s sub-custodians, nominees or agents or any consequential losses arising out of such delay or failure to transfer such securities including non-receipt of bonus, dividends and rights and other accretions or benefits; (vi) delays or inability to perform its duties due to any disorder in market infrastructure with respect to any particular security or U.S. or Foreign Securities System; and (vii) any provision of any present or future law or regulation or order of the United States, or any state thereof, or any other country, or political subdivision thereof or of any court of competent jurisdiction. The Custodian shall be liable for the acts or omissions of a foreign banking institution to the same extent as set forth with respect to sub-custodians generally in this Contract. If the Fund requires the Custodian to take any action with respect to securities, which action involves the payment of money or which action may, in the opinion of the Custodian, result in the Custodian or its nominee assigned to the Fund being liable for the payment of money or incurring liability of some other form, the Fund, as a prerequisite to requiring the Custodian to take such action, shall provide indemnity to the Custodian in an amount and form satisfactory to it. If the Fund requires the Custodian, its affiliates, subsidiaries or agents, to advance cash or securities for any purpose (including but not limited to securities settlements, foreign exchange contracts and assumed settlement) or in the event that the Custodian or its nominee shall incur or be assessed any taxes, charges, expenses, assessments, claims or liabilities in connection with the performance of this Contract, except such as may arise from its or its nominee’s own negligent action, negligent failure to act or willful misconduct, any property at any time held for the account of the applicable Fund shall be security therefor and should the Fund fail to repay the Custodian promptly, the Custodian shall be entitled to utilize available cash and to dispose of such Fund’s assets to the extent necessary to obtain reimbursement. In no event shall either party be liable to the other for indirect, special or consequential damages.

Most Referenced Clauses

Most Referenced Definitions