Not an Entity Sample Clauses

The "Not an Entity" clause clarifies that a particular party or group referenced in the agreement is not considered a separate legal entity. In practice, this means that the named party does not have independent legal standing, cannot enter into contracts, or be sued in its own name; for example, a joint venture or partnership may be described as "not an entity" to emphasize that it is simply a collaboration between its members. This clause helps prevent confusion or misinterpretation regarding legal responsibilities and liabilities, ensuring that only the actual legal entities involved are held accountable under the agreement.
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Not an Entity. Nothing contained herein will constitute the Sponsor and/or Soliciting Dealer or any of them an association, partnership, limited liability company, unincorporated business or other separate entity.
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Not an Entity. Nothing contained herein will constitute the Distributor and Ameriprise Financial an association, partnership, limited liability company, unincorporated business or other separate entity.
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Not an Entity. Nothing contained herein will constitute the MBD and/or Wholesaling Dealer or either of them an association, partnership, limited liability company, unincorporated business, or other separate entity.
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Related to Not an Entity

  • Not an Affiliate The Investor is not an officer, director or a person that directly, or indirectly through one or more intermediaries, controls or is controlled by, or is under common control with the Company or any “Affiliate” of the Company (as that term is defined in Rule 405 of the Securities Act).

  • Not an Investment Company The Borrower is not an "investment company" within the meaning of the Investment Company Act of 1940, as amended.

  • No Affiliation The Participant represents, covenants and warrants that, during the term of this Agreement, it will not be an affiliated person of a Fund, a promoter or a principal underwriter of a Fund or an affiliated person of such persons, except to the extent that the Participant may be deemed to be an affiliated person under 2(a)(3)(A) or 2(a)(3)(C) of the Investment Company Act of 1940, as amended (the “1940 Act”), due to ownership of Shares. The Participant shall give prompt notice to the Distributor, Transfer Agent and the Trust of any change to the foregoing status.

  • NOT A NOVATION This agreement is a modification only and not a novation. In addition to all amounts hereafter due under the Note, as modified by this agreement, and the other Related Documents, all accrued interest evidenced by the Note being modified by this agreement and all accrued amounts due and payable under the Related Documents shall continue to be due and payable until paid. Except for the modification(s) set forth in this agreement, the Note, the other Related Documents and all the terms and conditions thereof, shall be and remain in full force and effect with the changes herein deemed to be incorporated therein. This agreement is to be considered attached to the Note and made a part thereof. This agreement shall not release or affect the liability of any guarantor, surety or endorser of the Note or release any owner of collateral securing the Note. The validity, priority and enforceability of the Note shall not be impaired hereby. References to the Related Documents and to other agreements shall not affect or impair the absolute and unconditional obligation of the Borrower to pay the principal and interest on the Note when due. The Bank reserves all rights against all parties to the Note and the other Related Documents.

  • Not a Regulated Entity No Obligor is (a) an “investment company” or a “person directly or indirectly controlled by or acting on behalf of an investment company” within the meaning of the Investment Company Act of 1940; or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any public utilities code or any other Applicable Law regarding its authority to incur Debt.