Joint parties Sample Clauses

The 'Joint parties' clause defines the relationship and responsibilities of multiple parties who are collectively entering into an agreement. It typically clarifies that all named parties are jointly (and sometimes severally) liable for fulfilling the obligations under the contract, meaning each party can be held responsible for the entire performance or any breaches. This clause ensures that obligations are enforceable against all parties together, preventing any party from avoiding responsibility by claiming limited involvement, and thereby provides certainty and security for the other contracting party.
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Joint parties. If two or more parties are included within the same defined term in this document: (1) a liability of those parties under this document is a joint liability of all of them and a several liability of each of them; (2) a right given to those parties under this document is a right given severally to each of them; and (3) a representation, warranty or undertaking made by those parties is made by each of them.
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Joint parties. If there is more than one seller or more than one buyer, the obligations which they undertake can be enforced against them all jointly or against each individually.
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Joint parties. 10.1 If more than one individual is named under Part 1(A) of this agreement then its terms and conditions will apply to everyone who is named. This means each named individual is individually responsible for the remaining amount of the management charge.
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Joint parties. Where You comprise two or more persons or entities, or Your Account is held in two or more names (Joint Parties): The liabilities of all of the Joint Parties under this Agreement are joint and several and Mutual Trust is: i. subject to written instructions to the contrary, authorised to follow the instructions of any Joint Party; ii. under no obligation to enquire into the instructions of any Joint Party, including instructions relating to the application or disposal of Financial Products or money; and iii. entitled to deliver any or all of the Financial Products in the joint Account to any Joint Party. Each Joint Party agrees that all property which may be held by Mutual Trust from time to time pursuant to Your Services Agreement for any one or more of the Joint Parties will be subject to a lien in Mutual Trust’s favour to discharge the obligations of all Joint Parties. Such lien will be in addition to and not in substitution of, any other rights and remedies Mutual Trust may otherwise have. Each Joint Party agrees that Mutual Trust may discharge any obligation it has to give a notice or a document to You in connection with the Services or Your Services Agreement by giving notice to any one of the Joint Parties.
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Joint parties. If any party comprises more than one person, the service of any notice on any one of those persons will constitute good service on all of them.
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Joint parties. If 2 or more parties are included within the same meaning in this Lease: (a) a liability of those parties under this Lease is a joint and several liability of one and all parties; (b) a right given to those parties is a right given severally; and (c) a representation, warranty or undertaking made by those parties is made by each of them.
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Joint parties. (i) The obligations of PBFH and DCRC under this Agreement shall be the joint and several obligations of each such entity; (ii) any reference to “Party”, as applied to PBFH and DCRC, shall be construed as a joint and several reference to each such entity.
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Joint parties. (i) The obligations of PBFH and PRC under this Agreement shall be the joint and several obligations of each such entity; (ii) any reference to “Party”, as applied to PBFH and PRC, shall be construed as a joint and several reference to each such entity.
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Joint parties. If two or more persons execute this Agreement as Purchaser or Seller, their obligations hereunder shall be joint and several. Parties to Contract: Purchaser and Seller recognize that the Real Estate Brokers, and Title Company involved in this transaction are agents of the Purchaser and/or Seller and are not parties to this contract. Purchaser and Seller agree that Real Estate Broker and Title Company are not responsible for the condition of property or for the performance of the contract by any or all of the parties. Platinum First Title Company is not responsible for alterations or additions to this document, for any error regarding the terms of the transaction based upon information supplied by the parties, for misrepresentations made by any party, or for warranties made by any party in connection with the transaction.
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Related to Joint parties

  • Independent Parties For purposes of this Agreement, the Parties are independent contractors and neither may be considered an agent or an employee of the other. No joint venture, partnership or like relationship is created between the Parties by this Agreement.

  • MCUA PARTIES Any of the following types of entities that have executed a Master Contract Usage Agreement with Enterprise Services: ▪ Political subdivisions (e.g., counties, cities, school districts, public utility districts) in the State of Washington; ▪ Federal governmental agencies or entities; ▪ Public-benefit nonprofit corporations (i.e., § 501(c)(3) nonprofit corporations that receive federal, state, or local funding); and ▪ Federally-recognized Indian Tribes located in the State of Washington.

  • Parties This Agreement shall each inure to the benefit of and be binding upon the Underwriters and the Company and their respective successors. Nothing expressed or mentioned in this Agreement is intended or shall be construed to give any person, firm or corporation, other than the Underwriters and the Company and their respective successors and the controlling persons and officers and directors referred to in Sections 6 and 7 and their heirs and legal representatives, any legal or equitable right, remedy or claim under or in respect of this Agreement or any provision herein contained. This Agreement and all conditions and provisions hereof are intended to be for the sole and exclusive benefit of the Underwriters and the Company and their respective successors, and said controlling persons and officers and directors and their heirs and legal representatives, and for the benefit of no other person, firm or corporation. No purchaser of Securities from any Underwriter shall be deemed to be a successor by reason merely of such purchase.

  • Loan Parties Set forth on Schedule 5.20(b) is a complete and accurate list of all Loan Parties, showing as of the Closing Date, or as of the last date such Schedule was required to be updated in accordance with Sections 6.02, 6.13 and 6.14, (as to each Loan Party) (i) the exact legal name, (ii) any former legal names of such Loan Party in the four (4) months prior to the Closing Date, (iii) the jurisdiction of its incorporation or organization, as applicable, (iv) the type of organization, (v) the jurisdictions in which such Loan Party is qualified to do business, (vi) the address of its chief executive office, (vii) the address of its principal place of business, (viii) its U.S. federal taxpayer identification number or, in the case of any non-U.S. Loan Party that does not have a U.S. taxpayer identification number, its unique identification number issued to it by the jurisdiction of its incorporation or organization, (ix) the organization identification number, (x) ownership information (e.g., publicly held or if private or partnership, the owners and partners of each of the Loan Parties) and (xi) the industry or nature of business of such Loan Party.

  • Representatives of the Parties 11.1 The Seller has appointed the following authorised representatives for communication with the Buyer in relation to the subject of performance hereunder: In technical matters: 11.2 The Buyer has appointed the following authorised representatives for communication with the Seller in relation to the subject of performance hereunder: In technical matters: