Examples of DW Member in a sentence
It is expressly understood and agreed that this provision shall have no force and effect with respect to any document or agreement as to which Mr. Xxxx Xxxxxxxxx or Tracinda Corporation is a party with the DW Member or Affiliates of the DW Member, except as set forth in such other agreement.
Shlomo Karpen shall be the Managing Member and shall be responsible for the management of the business and affairs of the Company and the Property.
The secretary of the meeting mentioned that during July there is no report.
In addition, the Parties agree that none of the Dubai World Restricted Affiliates, individually or collectively, are a Party to this Agreement or liable for any alleged breach or default of this Agreement by DW Member or its Affiliates.
In the event of any such termination in accordance with this Section 16.4, in no event shall Owner or DW Member be required to pay to MGM MIRAGE or any Manager a termination fee, penalty or additional fee.
Each Manager shall make good faith, reasonable efforts to notify Owner and the DW Member Representative as soon as such Manager becomes aware of an Emergency Situation (which must be within twenty-four (24) hours following the Emergency Situation).
Furthermore, if the Crystals Component Opening Date is delayed from the originally projected dates (other than a delay caused by the Manager), the Pre-Opening Budget shall be revised to reflect any increases in Pre-Opening Expenses caused by such delay after consultation with and approval by Owner in accordance with the Joint Venture Agreement (or by the DW Member, as may be required by the Joint Venture Agreement).
In addition, the Parties agree that none of the Dubai World Restricted Affiliates, individually or collectively, are a Party to this Agreement or liable for any alleged breach or default of this Agreement by the DW Member or its Affiliates.
Such limitation of liability is further subject to the agreement that in no event shall Owner, the DW Member or Operator have at any time any right, duty or obligation to contribute to or for the benefit of the Project any capital or other amounts unless specifically required by and authorized by the terms of the Joint Venture Agreement and any actions of Owner’s members taken in accordance with the Joint Venture Agreement.
Operator shall provide to the Owner and DW Member the location of the books and records for the Condo-Hotel if such location is not at the offices of Operator.