WAIVER OF POTENTIAL CONFLICT OF INTEREST. There may be potential conflicts of interest in the administration of the Trust because (a) trust funds may be used to pay for services provided to a beneficiary by Community Living Corporation (“CLC”), CLC Foundation, Inc., ADiCares or affiliated enterprises and (b) CLC Foundation, Inc. and/or the Trust may retain funds remaining in the Trust at the time of death of the beneficiary. The undersigned acknowledges these potential conflicts of interest and expressly waives any and all claims against the Trustees and any successor Trustees on account of self-dealing, conflict of interest of any other act related to their affiliation with CLC, ADiCares, banks, investment advisors or any affiliated entities.
WAIVER OF POTENTIAL CONFLICT OF INTEREST. The Trustees have a potential conflict of interest in their administration of this Trust since they are, and will be, appointed by the Board of Directors of The Xxxxxxxx; may also serve on the Board of Directors of the Xxxxxxxx; and because the Trust names the Xxxxxxxx as a potential remainder Beneficiary. Also, in making distributions from the Trust accounts in accordance with the provisions of this Trust Agreement, it is contemplated that the Trustees may make disbursements directly to the Xxxxxxxx or constituent agencies of The Xxxxxxxx on behalf of the designated Beneficiaries to cover the costs of services and benefits provided by the Xxxxxxxx or constituent agencies or entities. The Trustees are expressly authorized to make such disbursements, subject to the limitations on authority as set forth in this Agreement. The Sponsors, by executing Sponsor Agreements, have represented that they are aware of the potential conflicts of interest that exist in the Trustees’ administration of the Trust. Any Sponsor executing a Sponsor Agreement to this Trust hereby waives any and all claims against the Trustees on account of self-dealing, conflict of interest, or any other act. The Trustees shall not be liable to the Sponsor or to any party for any act of self-dealing or conflict of interest resulting from their affiliations with The Xxxxxxxx or with any Beneficiary or constituent agencies.
WAIVER OF POTENTIAL CONFLICT OF INTEREST. Each party to this ---------------------------------------- Agreement acknowledges that Xxxxxxx Coie LLP, counsel for the Company, may in the past have performed and may continue to perform legal services for certain of the Investors in matters unrelated to the transactions described in this Agreement, including the representation of such Investors in venture capital financings and other matters. Accordingly, each party to this Agreement hereby (1) acknowledges that they have had an opportunity to ask for information relevant to this disclosure; and (2) gives its informed consent to Xxxxxxx Coie LLP's representation of certain of the Investors in such unrelated matters and to Xxxxxxx Coie LLP's representation of the Company in connection with this Agreement and the transactions contemplated hereby.
WAIVER OF POTENTIAL CONFLICT OF INTEREST. The Trustees have a potential conflict of interest in their administration of this Trust since some of them have been appointed by the Board of Directors of The Xxxxxxxx; may also serve on the Board of Directors of the Xxxxxxxx; and because the Trust specifically names the Xxxxxxxx as a potential remainder Beneficiary. Also, in making distributions from the Trust accounts in accordance with the provisions of this Trust Agreement, it is contemplated that the Trustees may make disbursements directly to the Xxxxxxxx or constituent agencies of The Xxxxxxxx on behalf of the designated Beneficiaries to cover the costs of services and benefits provided by the Xxxxxxxx or constituent agencies or entities. The Trustees are expressly authorized to make such disbursements, subject to the limitations on authority as set forth in this Agreement. The Sponsors, by executing Sponsor Agreements, have represented that they are aware of the potential conflicts of interest that exist in the Trustees’ administration of the Trust. Any Sponsor executing a Sponsor Agreement to this Trust hereby waives any and all claims against the Trustees on account of self-dealing, conflict of interest, or any other act. The Trustees shall not be liable to the Sponsor or to any party for any act of self-dealing or conflict of interest resulting from their affiliations with The Xxxxxxxx or with any Beneficiary or constituent agencies. Witness Xxxx Xxxx, Trustee STATE OF MAINE YORK, SS DATED Then personally appeared the above-named Xxxx Xxxx and acknowledged the foregoing instrument as his free act and deed. Before me, Notary Public/Attorney at Law Print name First Amendment - Trust II 2 Witness Xxxxxxxx Xxxxxxx, Trustee STATE OF MAINE YORK, SS DATED Then personally appeared the above-named Xxxxxxxx Xxxxxxx and acknowledged the foregoing instrument as her free act and deed. Before me, Notary Public/Attorney at Law Print Name Witness Xxxxxx Xxxx, Trustee STATE OF MAINE YORK, SS DATED Then personally appeared the above-named Xxxxxx Xxxx and acknowledged the foregoing instrument as his free act and deed. Before me, Notary Public/Attorney at Law Print name First Amendment - Trust II 3 Witness Xxxxxx Xxxxxxxxxx, Trustee STATE OF MAINE YORK, SS DATED Then personally appeared the above-named Xxxxxx Xxxxxxxxxx and acknowledged the foregoing instrument as his free act and deed. Before me, Notary Public/Attorney at Law Print name Witness Xxxxx Xxxxxx, Trustee STATE OF MAINE YORK, SS DATED Then personally ...
WAIVER OF POTENTIAL CONFLICT OF INTEREST. Donor and Donor’s Spouse, if any, acknowledge that they are aware that Family Creations, LLC provides services to both Donors and to the Intended Parents, but that Family Creations, LLC is not an agent for either the Donor or the Intended Parents. No agency, partnership, employment or joint venture is created or intended to be created by and between the parties to this Agreement. As a result of their relationship with both Donor and Intended Parents, Family Creations, LLC may need to make certain decisions during the process to protect that process and not necessarily either the Intended Parents or the Donor. Donor and Donor’s Spouse, if any, hereby waive any potential conflict of interest that may arise and desire to proceed with this Agreement.
WAIVER OF POTENTIAL CONFLICT OF INTEREST. The undersigned Sponsor acknowledges that a potential conflict of interest exists in the administration of the Life Services Third Party Trust because said trust is established by Life Services and Life Services may act as an advisor to the Trustees in connection with the exercise of their discretion under said trust regarding the disbursement of funds from the Trust Account. Life Services may have an interest in the trust accounts for the benefit of other disabled individuals. The Sponsor acknowledges that in addition to its annual Trustee fees, Life Services has an interest in the Trust Account Remainder as described in Section 3 above. In the administration of the Life Services Third Party Trust, the Trustees are permitted to disburse trust funds to Life Services on behalf of beneficiaries. Additionally, Life Services may receive fees in payment for services as a co-Trustee of the Life Services Third Party Trust as well as fees associated with its advocacy services. ACT for Life Services: Advocacy, Comprehensive Planning, and Trust Services for Individuals with Disabilities Page 3 The Sponsor is aware of the existence of this potential conflict of interest and expressly waives any and all claims against the Trustees and any successor trustees on account of self dealing, conflict of interest or any other act related to their affiliation with Life Services.
WAIVER OF POTENTIAL CONFLICT OF INTEREST. The Trustees have a potential conflict of interest in their administration of this Trust since they are, and will be, appointed by the Board of Directors, or other similar governing body of AHRC Foundation, Inc. which has a remainder interest in all Trust Accounts. In making distributions from the Trust Accounts in accordance with the provisions of this Trust Agreement, it is contemplated that the Trustees may make disbursements directly to AHRC Foundation, Inc. and other affiliated organizations on behalf of the Designated Beneficiaries in accordance with the terms of this agreement, including disbursements for guardianship or other services. The Trustees are expressly authorized to make such disbursements, subject to the limitations on authority as set forth in this Agreement. The Sponsors executing Sponsor Agreements are aware of the potential conflicts of interest that exist in the Trustees’ administration of the Trust. Any Sponsor executing a Sponsor Agreement to this Trust thereby waives any and all claims against the Trustees on account of self-dealing, conflict of interest or any other act. The Trustees shall not be liable to the Sponsor or any party for any act of self-dealing or conflict of interest.
WAIVER OF POTENTIAL CONFLICT OF INTEREST. The Trustees have a potential conflict of interest in their administration of this Trust since they are, and will be, appointed by the Board which has an interest in all Trust Accounts. In making distributions from the Trust Accounts in accordance with the provisions of this Trust Agreement, it is contemplated that the Trustees may make disbursements directly to beneficiary or constituent agencies of AHRC Foundation, Inc. and other affiliated organizations on behalf of the Designated Beneficiaries in accordance with the terms of this agreement, including disbursements for guardianship or other services. The Trustees are expressly authorized to make such disbursements, subject to the limitations on authority as set forth in this Agreement. The Participants executing Participant Agreements are aware of the potential conflicts of interest that exist in the Trustees’ administration of the Trust.
WAIVER OF POTENTIAL CONFLICT OF INTEREST. Buyer and Seller each hereby acknowledges that Xxxxxxxx has fully disclosed all potential conflicts of interest that may arise out of Xxxxxxxx'x representation of Buyer in the negotiation, preparation and execution of the Asset Purchase Agreement, as well as acting as the Escrow Agent hereunder. Buyer and Seller each hereby acknowledges that MWN has fully disclosed all potential conflicts of interest that may arise out of MWN's representation of Seller in the negotiation, preparation and execution of the Asset Purchase Agreement, as well as acting as the Escrow Agent hereunder. After reviewing and evaluating these disclosures, each of Buyer and Seller hereby consents to (i) the continuing representation of Seller by MWN, even if a dispute over the disposition of the Deposit arises and (ii) the continuing representation of Buyer by Xxxxxxxx, even if a dispute over the disposition of the Deposit arises.
WAIVER OF POTENTIAL CONFLICT OF INTEREST. The parties hereto acknowledge that the Agent has acted, and may in the future act, as a legal counsel for the Corporation. The parties agree to waive any potential conflict of interest that may exist as a result of such representation and acknowledge that they have consulted with independent counsel with respect to such potential conflict of interest or have waived such right. In the event of a dispute between Pledgors and the Corporation in connection with this Agreement, the Agent agrees that neither he nor any member of his firm will act as counsel to the Corporation in connection with the resolution of such dispute.
