Multiple Participants Clause Samples

Multiple Participants. In the event this Participant Agreement covers or includes more than one person, the persons constituting the Participant under this Agreement shall be jointly and severally responsible and liable for all obligations of the Participant under this Agreement.

Multiple Participants. Despite Clause 2.2 (Lenders’ rights and obligations), the Parties acknowledge and agree that: (a) where two or more financial institutions (“Multiple Participants”) appear as one Lender in respect of a Commitment, that Commitment is made by the Multiple Participant whose name first appears in respect of that Lender in Part II of schedule 1 (Original Lenders) or, as the case may be, in the relevant document for that Lender that is executed pursuant to clause 23 (Changes to the Lenders); (b) where any of the Multiple Participants is obliged to do anything under a Finance Document as a Lender which one of them actually does it will be determined by any one of them in its absolute discretion, provided that thing is done in accordance with the Finance Documents; (c) the performance by any Multiple Participant of an obligation of the relevant Lender under a Finance Document will satisfy, to the extent of that performance, the obligation of the relevant Lender (and each other related Multiple Participant) under the Finance Document, provided that the performance of that obligation is in accordance with the Finance Documents; (d) a payment to any Multiple Participant in respect of an obligation to pay the relevant Lender will satisfy, to the extent of that payment, the obligation to pay the other related Multiple Participants; Freehills Melbourne 004501949 page 18 (e) a consent from, communication to or by, or the exercise of a discretion by, any Multiple Participant in its capacity as a Lender, binds all of the other related Multiple Participants as a Lender; and

Multiple Participants. The EduSpace Operating Shell supports multiple participants within the same computational environment. Since every participant has a virtual body, every participant is represented within the virtual environment as an entity. The same mechanisms which manage program entities can also manage participant entities. Virtual environments, whether two dimensional multimedia environments or three dimensional inclusive environments, lose their appeal without interaction with other humans. Multiple participants are necessary for computer-based learning, to include both teachers and peers. What are the mathematical tools which coordinate actions of multiple participants in virtual worlds? The problem is similar to that faced in the design of software architectures for intelligent distributed agents (▇▇▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇). Entities differ from agents in these ways: • Entities can be fully connected while maintaining individual perspective (merged without resolving inconsistencies). Sharing information between automated entities is a matter of convenience. • Entities inhabited by participants do not require automation of knowledge. Some representation problems in world models can be interactively deferred to humans. Sharing information between participants is a matter of negotiation and choice. • The environment is computational. Some difficulties with modelling real world phenomena can be finessed in a virtual world. The environment, itself an entity, can be fully responsive. Coordination between participants depends upon mutually consistent models of shared environments. Network-based research on intelligent agents has been developed for adversial environments. Virtual worlds, in contrast, permit complete communication with environmental entities while maintaining individual perspectives. Unlike objective reality, virtual spaces accommodate multiple concurrent perspectives, each associated with a different participant. One participant can perceive a green desk, for example, while another can perceive the same desk to be brown. A third may even not perceive the desk at all. Inconsistencies across participants can be negotiated or managed. Negotiation can be sensory (sharing viewpoints), data based (sharing memories), or rule based (sharing dispositions). Maintenance of contradiction in virtual worlds requires merging inconsistent perspectives and information without disabling action or inference. ▇▇ is developing an approach to inconsistency that uses a three-valued...