legal relationship definition

legal relationship means a relationship, like a contract, from which legal rights, obligations and duties flow;
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legal relationship means a relationship by virtue of legallyrecognized document for the purpose of marriage, guardianship, adoption, or foster care.
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legal relationship means any parent, subsidiary, or affiliated company with an insurer doing business in this state.
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Examples of legal relationship in a sentence

  • Legal relationship of Public Law established between the Grantor and the Concession Holder since the Closing Date, by means of which the Grantor gives the Concession Holder the right to the Project’s economic exploitation, throughout its term of effect, as per the terms of the Contract and Applicable Laws and Regulations.

  • Legal relationship of Public Law established between the GRANTOR and the CONCESSIONAIRE since the Closing Date, by means of which the GRANTOR gives the CONCESSIONAIRE the right to the Project’s economic exploitation, throughout its term of effect, as per the terms of the Contract and the Applicable Laws and Provisions.

  • Legal relationship between contract partner and end customer / buyer The rights and conditions pursuant to these Guarantee and Warranty Guidelines represent a minimum standard that the contract partner undertakes to grant accordingly by contract to its buyers / end customers as well.

  • Legal relationship between the parties, in its turn, is direct (that is, not assumed through a treaty or other instrument, where the foreign entity is, at best, only beneficiary, instead of a direct right holder).

  • The obligation of a Participant to pay for Participations to be issued is solely an agreement in regard to the Legal Owner and no contribution or obligation to make a contribution to the Fund.(Also see paragraph 7, “Participants, register, meetings”.) Legal relationship between Participants, Investment Manager and Legal OwnerThe legal relationship between the Participants, the Investment Manager and the Legal Owner is governed by the content of this Information Memorandum.

  • No binding Legal relationship will exist between any of the Bidders and the Bank until execution of a contractual agreement to the full satisfaction of the Bank.

  • Legal relationship between Parties arisen from this Agreement is regulated in particular by Act No. 89/2012 Coll., Civil Code, as amended.

  • The CMA will not generally exercise its discretion to apply the ‘de minimis’ exception where clear-cut undertakings in lieu of reference could be offered by the Parties to resolve the competition concerns identified.

  • The obligation of a Participant to pay for Participations to be issued is solely an agreement in relation to the Legal Owner and not a contribution, or an obligation to make a contribution to the Fund.(Also see paragraph 7, “Participants, register, meetings”.) Legal relationship between Participants, Investment Manager and Legal OwnerThe legal relationship between the Participants, the Investment Manager and the Legal Owner is governed by the content of this Prospectus.

  • Legal relationship is a relationship that causes legal consequences, namely the existence of rights and obligations.


More Definitions of legal relationship

legal relationship. Neither Baiyin nor Gramercy shall have any express or implied right or authority to assume or create any obligations on behalf of or in the name of the other party or to bind the other party to any contract, agreement or undertaking with any third party, in each case, without such other party’s prior written consent, other than certain Exit Provision obligations. Under no circumstances shall the Shareholders’ Agreement or constating documents, as applicable, be deemed or construed to (1) create or imply a partnership or joint venture between the parties or an employer/employee or agency relationship, or (2) enlarge the fiduciary duties and responsibilities, if any, of the parties or any of their respective affiliates. Headquarters: It is contemplated that Banro will establish its corporate headquarters in a jurisdiction satisfactory to Baiyin and Gramercy, while initially maintaining an administrative office in Toronto for its financial and legal staff. It would maintain its Bukavu office as the local DRC headquarters. Fees and Expenses: The Debtor will pay all reasonable fees and expenses of the advisors to Baiyin and Gramercy that are directly related to the Recapitalization in accordance with the DIP Budget. The Debtor will pay all reasonable fees and expenses of the Monitor, and the legal advisors to the Monitor and the Debtor, in accordance with the DIP Budget.
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legal relationship. This Agreement constitutes the parties as: between a holder of an Australian financial services licence and its authorised representative; and franchisor and franchisee. The parties are independent contractors, and not partners, joint venturers, nor trustee and beneficiary. Force majeure: A party is not liable for failure to perform this Agreement to the extent and for so long as its performance is prevented or delayed because of circumstances outside the party's direct control and without fault or negligence by that party, but only if that party: immediately notifies the other party; and does everything reasonable to remedy the cause quickly.
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legal relationship contemplated in S. 7 means a relationship which gives rise to legal obligations and duties and, therefore, confers a right. These rights may be contractual or even non-contractual. Non-contractual disputes would require a separate or submission arbitration agreement based on the cause of action arising in tort, restitution, breach of statutory duty or some other non-contractual cause of action. (Vidya Drolia and others v. Durga Trading Corporation, (2021) 2 SCC 1)
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legal relationship means a relationship, like a contract, from which legal rights, obligations and duties flow; “logo and colours” means that the ANC is the sole copyright holder of its logo and colours;
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legal relationship means the relationship of a parent,
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Related to legal relationship

  • material relationship means one actually known of a personal, familial or business nature between the Broker and affiliated licensees and a client which would impair their ability to exercise fair judgment relative to another client.

  • Dating relationship means frequent, intimate associations primarily characterized by the expectation of affectional involvement. Dating relationship does not include a casual relationship or an ordinary fraternization between 2 individuals in a business or social context.

  • Family relationship means a relationship between a person and another person within the third degree by consanguinity or the second degree by affinity, as those terms are defined by Subchapter B, Chapter 573, Texas Government Code.

  • Business relationship means a connection between two or more parties based on commercial activity of one of the parties. The term does not include a connection based on: (A) a transaction that is subject to rate or fee regulation by a federal, state, or local governmental entity or an agency of a federal, state, or local governmental entity; (B) a transaction conducted at a price and subject to terms available to the public; or (C) a purchase or lease of goods or services from a person that is chartered by a state or federal agency and that is subject to regular examination by, and reporting to, that agency. Texas Local Government Code 176.001(3).

  • Material Financial Relationship means a relationship in which one person is a recipient of any kind of payment such as by way of a loan or gift during the immediately preceding twelve months, equivalent to at least 25% of such payer’s annual income but shall exclude relationships in which the payment is based on arm’s length transactions.

  • Consultancy means the person, firm or corporate body Introduced to the Client by the Employment Business to carry out an Assignment (and, save where otherwise indicated, includes Consultancy Staff and any third party to whom the provision of the Consultancy Services is assigned or sub-contracted with the prior approval of the Client and any officer, employee, worker or representative of any such third party);

  • Affiliation means an elector's decision to affiliate with either a political party or a political organization, as defined in subsections (24) and (25) of this section.

  • Employment means any occupation, vocation or employment, or any form of vocational or educational training. Provided, however, that "employment" shall not, for the purposes of this article, include membership in any law enforcement agency.

  • Related Entity as used in this Invention and Patent Rights Article means a contractor, subcontractor, grantee, or other entity having a legal relationship with NASA or Partner assigned, tasked, or contracted with to perform activities under this Agreement.

  • Related Company means any entity that is directly or indirectly controlled by, in control of or under common control with the Company.