Common use of Trustees Clause in Contracts

Trustees. (a) Unless you have told us that you are the trustee of a trust, you warrant that you are entering into this Agreement in your own capacity and not on behalf of any other person or as trustee of a trust. (b) If you have told us that you are entering into this Agreement as a trustee, you enter into this Agreement on your own behalf and on behalf of the trust and you warrant to us that you: (i) are either the sole trustee of the trust or if there are multiple trustees of the trust, all those trustees are listed as party to this Agreement; (ii) have entered this Agreement for the trust’s benefit and purpose and have arranged any required approvals for the trust’s property to be bound to this Agreement; (iii) have the power under the trust deed to enter into this Agreement, to fulfil your obligations under this Agreement, and to use the assets of the trust to pay any amount required in connection with this Agreement; and (iv) have an unrestricted right to be fully indemnified out of the assets of the trust. (c) The Supplier acknowledges and agrees that Bega is entering into this Agreement on the basis that each of the warranties in this section 7.15 is true and will remain true throughout the Term.

Appears in 20 contracts

Samples: Milk Supply Agreement, Milk Supply Agreement, Milk Supply Agreement

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Trustees. (a) Unless you have told us that you are the trustee of a trust, you warrant that you are entering into this Agreement in your own capacity and not on behalf of any other person or as trustee of a trust. (b) If you have told us that you are entering into this Agreement as a trustee, you enter into this Agreement on your own behalf and on behalf of the trust and you warrant to us that you: (i) are either the sole trustee of the trust or if there are multiple trustees of the trust, all those trustees are listed as party to this Agreement; (ii) have entered this Agreement for the trust’s benefit and purpose and have arranged any required approvals for the trust’s property to be bound to this Agreement; (iii) have the power under the trust deed to enter into this Agreement, to fulfil your obligations under this Agreement, and to use the assets of the trust to pay any amount required in connection with this Agreement; and (iv) have an unrestricted right to be fully indemnified out of the assets of the trust. (c) The Supplier acknowledges and agrees that Bega Xxxx is entering into this Agreement on the basis that each of the warranties in this section 7.15 is true and will remain true throughout the Term.

Appears in 13 contracts

Samples: Milk Supply Agreement, Milk Supply Agreement, Milk Supply Agreement

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