Status of Owner Sample Clauses

Status of Owner. The Owner shall not have control or charge of construction means, methods, techniques, sequences or procedures, or for safety precautions and programs in connection with the Work, nor shall the Construction Manager, for any of the foregoing purposes, be deemed the agent of the Owner.
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Status of Owner. The Owner shall perform all operations under this Agreement as an independent Contractor, and not as an agent or employee of the City. No the City official or employee shall supervise the Owner. The Owner will exercise no supervision over any employee or official of the City. The Owner shall not represent that Owner is an employee or agent of the City in any capacity. The Owner has no right to Worker's Compensation benefits from the City or its insurance carriers or funds.
Status of Owner. The Owner shall perform all operations under this Agreement as an independent Contractor, and not as an agent or employee of BLW. No BLW official or employee shall supervise the Owner. The Owner will exercise no supervision over any employee or official of BLW. The Owner shall not represent that Owner is an employee or agent of BLW in any capacity. The Owner has no right to Worker's Compensation benefits from BLW or its insurance carriers or funds.
Status of Owner. In the event the terms of this Agreement at any time shall, in the opinion of the counsel for the OWNER, impair the status of the OWNER as a "real estate investment trust" within the meaning of Part II, subchapter M of the Internal Revenue Code of 1954, as amended, OWNER and MANAGER shall, within 30 days after the OWNER shall have given to the MANAGER written notice of such impairment, negotiate such amendments as may be necessary to restore, In the opinion of counsel for the OWNER, such status of the OWNER.
Status of Owner. Owner is a non-profit corporation duly organized and validly existing in good standing under the laws of the State of Texas, and is qualified in all other jurisdictions where necessary in order to conduct its business and has all necessary power to carry on its business as now being conducted, to operate its properties as now being operated, to carry , on its contemplated business, to enter into this Agreement and to observe and perform its terms.
Status of Owner. That certain Certificate of Formation of Owner filed January 24, 2001, with the Office of the Secretary of State of Delaware, and that certain Limited Liability Company Agreement of Owner dated as of April 12, 2000, delivered to Purchaser, are true and correct and have not been modified or amended, except as set forth in the Owner Disclosure Schedule attached as Exhibit H (“Owner Disclosure Schedule”). Except for said Certificate of Formation of Owner and said Limited Liability Company Agreement of Owner, there are no other agreements of any type or kind with respect to voting or control of Owner or with respect to issuance of additional membership interests in Owner.
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Related to Status of Owner

  • Death of Owner If the Owner dies before the sole surviving Annuitant and before the Annuity Date, the death benefit proceeds will be equal to the Death Benefit Amount as of the Notice Date. If the Owner dies before the sole surviving Annuitant and before the Annuity Date, we will pay the death benefit proceeds to the first among the following who is (1) living; or (2) an entity entitled to receive the death benefit proceeds:

  • Transfer of Ownership Trust..........................................................

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