Capacity of the Parties Sample Clauses

Capacity of the Parties. The Director and the Producer declare and guarantee that they have the right and the capacity to sign the Contract for Services.

Capacity of the Parties. 3.1 Within the respective joint ventures constituting the Parties, the Participant’s obligations and liabilities under this Agreement shall be several and not joint and collective in accordance with their interests in the Affected Party and the Executing Party respectively, as applicable from time to time.

Capacity of the Parties. Each of the parties hereto represents and warrants to the other parties (where applicable) that:

Capacity of the Parties. Each of the Parties represents and warrants as follows: a) that it is a legal entity duly incorporated in its country of constitution, b) that it has the corporate capacity to enter into and perform this Agreement, that all corporate and other actions required to authorize the party to enter into and perform this Agreement have been taken; c) that the Party shall not breach any other agreement or contract by entering into or performing this Agreement; that this Agreement is valid and binding upon in accordance with its terms.

Capacity of the Parties. Each of the Parties represents and warrants to the best of their knowledge as of the Effective Date and as of the date this Agreement is actually signed as follows: a) That it is an individual or corporation duly incorporated and in good standing in its jurisdiction of incorporation and that it is qualified to do business and is in good standing in those jurisdictions where necessary in order to carry out the purposes of this Agreement; b) That it has the capacity to enter into and perform this Agreement and all transactions contemplated herein and that all corporate and other actions required to authorize it to enter into and perform this Agreement have been properly taken; c) That this Agreement has been duly executed and delivered by it and is valid and binding upon it in accordance with its terms.

Capacity of the Parties. Each Party warrants that it has the full power, capacity, and authority to enter into this Settlement Agreement and that no claim, right, demand or cause of action relating to the Subject Location has been assigned to an entity who is not a Party to this Settlement Agreement.

Capacity of the Parties. 26.1 It is expressly agreed that, within the framework of this Master Agreement, the Master Licensee manufactures, purchases and resells the Lacoste Watches for its own account and acts as an independent trader both with respect to the Licensor and with respect to the Sub-Licensees, the Distributors, the Sub-Contractors, the Suppliers and its customers. Consequently, under no circumstances shall it enter into any agreement or take any action purporting to obligate the Licensor to third parties. 26.2 Nothing in this Master Agreement shall be construed to render either party liable for any debts or obligations of the other party and the parties shall in no way be considered agents or representatives of each other. Neither party shall have the authority to act for or bind the other.

Capacity of the Parties. The parties to this Agreement are capable of understanding and entering into this Agreement, and do not suffer from any disability, infirmity, or other bar, of any type, that would prevent them from understanding and entering into this Agreement.

Capacity of the Parties. It is expressly agreed that, within the scope of this Agreement, the Distributor shall purchase and resell the merchandise for its own account and shall act as an independent trader both with respect to the Master Licensee and to the customers. Consequently, under no circumstances shall the Distributor make the Master Licensee liable vis a vis third parties and it shall take all the necessary steps to guarantee the Master Licensee against the financial consequences of any claims that could be made against the Master Licensee by such third parties as a result of commercial operations carried out by the Distributor.