Representatives and Affiliates Sample Clauses
The "Representatives and Affiliates" clause defines who is considered a representative or affiliate of a party within the context of the agreement. Typically, this includes individuals such as employees, agents, contractors, and related entities like parent companies or subsidiaries. By clearly identifying these groups, the clause ensures that obligations, rights, and responsibilities extend not only to the primary parties but also to those acting on their behalf or closely connected to them. This helps prevent ambiguity about who is covered by the agreement, thereby reducing the risk of disputes over the scope of its terms.
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Representatives and Affiliates. Each Party agrees that any breach by any of the follow is a breach of such party: (i) any one or more of its principals, shareholders, owners, directors, officers, employees, financing sources, professional advisors (including financial advisors, accountants, and consultants) or agents (collectively the “Representatives”); and (ii) all of its affiliated companies, if any, and the successors and permitted assigns of any of such entities and the owners thereof (collectively, “Affiliates”) and Representatives of any Affiliates. Thus, when the term Party is used in this Agreement, that term shall be read and interpreted to include each Party and its Representatives and Affiliates. The benefits of this Agreement shall inure to the benefit of each Party and any other company directly or indirectly controlled by, or under direct or indirect common control with the Party.
Representatives and Affiliates. Notwithstanding anything in this Agreement to the contrary, no Related Person nor Representative of Seller shall have any personal liability to Purchaser or any other Person as a result of this Agreement or the breach of any representation, warranty, obligation, covenant, or agreement of Seller in this Agreement, and no Related Person nor Representative of Purchaser shall have any personal liability to Seller or any other Person as a result of this Agreement or the breach of any representation, warranty, obligation, covenant, or agreement of Purchaser in this Agreement; provided, however, that nothing in this Section 12.4 shall limit the EPC Contractor’s liability to Purchaser under the EPC Agreement after the Closing Date.
Representatives and Affiliates. As used in this Agreement, the term “Representatives” means, as to any person, such person’s Affiliates, directors, officers, employees, legal counsel, and financial and accounting advisors and other advisors and no other persons. As used in this Agreement, the term “person” shall be broadly interpreted to include, without limitation, an individual, the media, and any corporation, company, partnership, limited liability company, or other entity, organization, or association. As used in this Agreement, the term “Affiliate” means, with respect to a person, any other person or entity directly or indirectly controlling or controlled by or under direct or indirect common control with such person. For the purposes of this definition, “control” when used with respect to any person or entity, means the power to direct the management and policies of such person or entity, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative to the foregoing.
Representatives and Affiliates. “Representatives” as used herein shall mean all directors, officers, partners, employees, Affiliates, agents, and financial, legal, accounting and other advisors of a Party, including, but not limited to, any brokers and employed by a Party with respect to the Real Estate Opportunity, whether or not consummated. No person or entity shall be deemed a Representative unless such person or entity receives or is transmitting Disclosing Party’s Confidential Information. "Affiliates" as used herein shall mean any companies or entities that control, are controlled by or are under common control with a Party. “Controlling”, “controlled by”, or “under common control with” shall mean actual or beneficial ownership, held directly or indirectly, of more than fifty percent (50%) of the voting securities or units of another entity. This Agreement shall apply to exchanges of Confidential Information between the Parties, either directly or through Representatives. Each Recipient will cause its Representatives to observe the terms of this Agreement and be responsible for any breach of this Agreement by any of its Representatives. Without limiting the foregoing, each Party shall be responsible for compliance by its Representatives with the terms of this Agreement.
Representatives and Affiliates. Notwithstanding anything in this Agreement to the contrary, no Representative or Affiliate of a Party shall have any liability to another Party or any other Person as a result of the breach of any representation, warranty, covenant, agreement or obligation of such Party in this Agreement.
Representatives and Affiliates