Separate Identity of Client. The Client desires to remain at all times a separate company. Toward that end, all business records, reports and files prepared or maintained by SPC for the Client shall remain the sole and exclusive property and records of the Client and the Client shall be entitled to their return at any time upon request. Moreover, all of the Client’s funds, accounts receivable or other property shall at all times be clearly and distinctly maintained as the Client’s separate and distinct property and shall not be combined or commingled with the property of SPC. Moreover, SPC shall have no authority hereunder to enter into contracts on behalf of, or otherwise legally bind, the Client. Although SPC shall make recommendations to the Client hereunder, all decisions whether to accept or reject the advice of SPC are up to the Client’s total discretion.
Appears in 5 contracts
Samples: Administrative Services Agreement (Egpi Firecreek, Inc.), Administrative Services Agreement (Egpi Firecreek, Inc.), Administrative Services Agreement (Redquartz Atlanta LLC)
