Sharing Agreement Sample Clauses
A Sharing Agreement clause defines the terms under which parties agree to share certain resources, information, or benefits related to their collaboration. Typically, this clause outlines what is being shared—such as data, intellectual property, or profits—and specifies the conditions, limitations, and responsibilities of each party regarding the shared items. For example, it may detail how confidential information is handled or how revenue from a joint project is distributed. The core function of this clause is to ensure mutual understanding and fairness in the sharing arrangement, thereby preventing disputes and clarifying each party’s rights and obligations.
Sharing Agreement. A sharing agreement shall be established between the TSOs participating in the same FCR or FRR sharing process. Sharing agreements are separate agreements between TSOs, including the roles and responsibilities of the control capability receiving TSO and the control capability providing TSO. The roles and responsibilities of the affected TSOs are addressed in section 9.3.7 of this Annex. Exchange and sharing of reserves, including the process for assessing exchange and sharing arrangements in section 9.5.1, are addressed in chapter 9 of this annex.
Sharing Agreement. Concurrently with the execution of this LBDCP Agreement, certain Parties are executing the DCP Contributions and ICS Accumulation Limits Sharing Agreement, which provides:
i. Pursuant to Section IV(C) of the LBOps, SNWA and CRCN shall make up to 50,000 acre-feet of ICS accumulation space available for use by Contractors in Arizona under the conditions described therein; and
ii. Pursuant to Section IV(C) of the LBOps, Metropolitan shall make up to 50,000 acre-feet of ICS accumulation space available for use by Contractors in Arizona under the conditions described therein.
Sharing Agreement. After the occurrence of a Triggering Event (as defined in the Sharing Agreement), unless such Triggering Event is waived in accordance with the terms of this Agreement and the Sharing Agreement, the Credit Parties hereby irrevocably agree to pay any and all amounts in respect of the Loans and the Obligations directly to the Sharing Agent (as defined in the Sharing Agreement) under the Sharing Agreement (and to follow the directions given with respect thereto by Administrative Agent).
Sharing Agreement. Except to the extent specifically modified or supplemented herein, the Tax Sharing Agreement shall continue in full force and effect. The provisions of the Tax Sharing Agreement shall fix the rights and obligations of the parties as to the matters covered thereby.
Sharing Agreement. If the parties put in place a stand-alone confidentiality agreement and subsequently or concurrently enter into a data sharing agreement, the data sharing agreement should be amended to reflect the extent to which the confidentiality agreement applies to the subject matter of the data sharing agreement. 1. Definitions and Interpretation 2 2. Confidential Information 4 3. Confidentiality Obligations 5
Sharing Agreement. The Guarantor shall not permit any Restricted Subsidiary to incur Priority Indebtedness or to issue a Restricted Subsidiary Guarantee without requiring that the lender of such Indebtedness or beneficiary of such Restricted Subsidiary Guarantee execute the Sharing Agreement at the time of such incurrence of Indebtedness.
Sharing Agreement. The Partnership and the Company shall have entered into, and delivered to the Co-Agents a complete and accurate copy of, a written agreement, in form and substance reasonably satisfactory to the Co- Agents, providing for such adjustments between the Partnership and the Company as may be necessary from time to time to assure, insofar as practicable, that each of them bears the costs and other burdens imposed on the Borrower under this Agreement and the other Loan Documents to which the Borrower is a party substantially in proportion to the loan proceeds and other benefits received and enjoyed by them, respectively, hereunder and thereunder.
Sharing Agreement. 4.1 In accordance with Article 3:166(2) NCC, the share (aandeel) of (i) each Beneficiary in the co-owned right of pledge on the Foundation Collection Account Rights, is equal to the amounts paid into the Foundation Collection Account under or in connection with the Achmea Label Mortgage Receivables up to the relevant Beneficiary Collection Entitlement and (ii) each Investor in the co-owned right of pledge on the Foundation Funding Account Rights, is equal to the amounts paid into the Foundation Funding Account up to the relevant Beneficiary Funding Entitlement. The Collection Foundation and the Beneficiaries hereby agree that the calculation and determination by the Foundation Administrator (or its successor) will be binding in the absence of manifest error, on the Collection Foundation and the Beneficiaries.
4.2 Notwithstanding Clause 4.1 and Clause 11, if the total net proceeds of the foreclosure of the relevant right of pledge on the Foundation Accounts Rights exceed the relevant Beneficiary Collection Entitlement or the relevant Beneficiary Funding Entitlement respectively, as determined by the Foundation Administrator (or its successor or successors), such excess amount will be forthwith paid to the Collection Foundation by the relevant Beneficiary who received (part of) such excess amount and (to the extent relevant and possible) each of the Beneficiaries release in advance its right of pledge on such excess amount.
4.3 To the extent permitted by law and as far as applicable, (i) each of the Beneficiaries hereby waive vis-à-vis each other from requesting division of the co-owned right of pledge on the Foundation Collection Account Rights and (ii) each of the Investors hereby waive vis-à-vis each other from requesting division of the co-owned right of pledge on the Foundation Funding Account Rights.
4.4 The Parties hereby agree that each waiver to request division of the relevant right of pledge shall be valid for a period of five years (such five-year period the "Waiver Period") commencing on the date of this Agreement. Upon termination of a Waiver Period, such Waiver Period will be automatically renewed for a period of five years.
4.5 Upon a breach by any of the Parties of any of its obligations under this Clause 4 or upon any of the arrangements contained in this Clause 4 being dissolved, void, nullified or ineffective for any reason in respect of one of the Parties (including the bankruptcy of one of the Parties), such defaulting Party shall compe...
Sharing Agreement. The material and human resources shared between the Parties, under the Private Instrument of Expenses Sharing Agreement, signed between the Parties, Via Varejo S.A. and CNova Comércio Eletrônico S.A. on December 15, 2016, as amended and in force (“Sharing Agreement”), shall be segregated and individualized within one (1) year, at most, as from the Effective Spin-off Date, and the Transition Committee may create a specific subcommittee to conduct the activities necessary for the termination, in the shortest possible period, of the relationship established between the Parties under said Sharing Agreement.
Sharing Agreement. Notwithstanding anything to the contrary contained in this Agreement, any of the other Loan Documents, or the Sharing Agreement, the Credit Parties and their respective Subsidiaries are not a party to and shall not be bound by the Sharing Agreement.