Second Party Clause Samples
The 'Second Party' clause defines the individual or entity that is the counterparty to the agreement, typically the recipient of goods, services, or obligations from the first party. In practice, this clause identifies the second party by name, address, and sometimes legal status, ensuring there is no ambiguity about who is bound by the contract's terms. By clearly specifying the second party, the clause ensures accountability and helps prevent disputes over contractual obligations or rights.
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Second Party. Employee: .......................................................................... Date of Birth (Day/ Month/ Year) :............................................. Nationality: ......................................................................... Passport number: ................................................................. Address: .............................................................................
Second Party. ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ covenants and agrees that it shall:
a. Maintain independent software interface with their Customer
b. Provide self marketing strategies
c. Pay first party as agreed:
1. One time AMS process fee per SCAC Code
Second Party. The customer: The bank’s customer from the (individuals) segment who has agreed to this agreement.
Second Party. The specific services required.
Second Party. Eviction
Second Party. (The LESSOR and the LESSEE are hereinafter collectively referred to as the “Parties” and individually as a “Party”)
Second Party. Third and Other Party/parties (if any):
Second Party. ▇▇. ▇▇▇▇▇▇ ▇▇▇, Manager (Commercial & Marketing), Kung Keng Textile (Bangladesh) Co. Ltd. Dhaka Export Processing Zone (Extension Zone), ▇▇▇▇ # ▇▇▇-▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, Permanent Address- Vill. Kalupara, P. O. ▇▇▇▇▇, Upazilla- Agoiljhara, Dist. ▇▇▇▇▇▇▇, herein after called SECOND PARTY responsible as the Second Party.
Second Party. طرف ثاني The two parties agreed on the following: اتفق الطرفان علي ما يلي:- The Second Party agreed to work for the First Party in the occupation of __________________________in the State of Qatar with a monthly salary of __________________. وافق الطرف الثاني علي ان يعمل لدي الطرف الاول بوظيفة xxxxxxxxxx.وبراتب شهري وقدرهxxxxx..في دولة قطر
Second Party. Provide evidence to the satisfaction of the First Party that all licenses and permissions are in the name of Second Party.
b) The Urban Improvement Trust, had executed a Lease Patta Vilekh dated 25thApril, 2006 in favour of _ ▇▇▇▇▇▇▇ for the period of 99 years in relation to the land bearing _ square feet situated at _, (hereinafter referred to as "the said land"). Thereafter, had sub- leased the said land to Second Party vide lease deed dated 12thFebruary, 2007 for the period of 19 years. The said Lease Deed is duly registered at Sub- Registrar, on 12l February, 2007 in Book no. 1, Zild No. 1054, Page no. 100 at serial no. 20070004.
c) Thereafter, the First Party had purchased 30% area of the said land and entered into a registered Sale Deed with After execution of this Agreement, the First Party shall further enter into a registered Sale Deed with for remaining 15% area of the said land and shall get 45% holding in the said land. This agreement shall have to be executed within 15 days from signing this agreement, if not already executed.
d) The Second Party has entered into an Agreement of term loan cum
e) That it has been brought to the notice of the First Party, that the Second Party has no other liabilities what so ever other than the outstanding Bank Loan and as disclosed in latest available financial statement. Henceforth, for all New liabilities that arise after the acquisition of issued Equity Shares, shall be on the accounts of both First Party and Second Party. Any other liabilities not mentioned here shall be treated as old liabilities and the First Party shall have no participation in those old liabilities.