T N E S S E T H Sample Clauses

The term "T N E S S E T H" is an archaic legal word, a variant of "witnesseth," used at the beginning of formal contracts to introduce the recitals or background section. It typically precedes a summary of the agreement's context, such as the parties involved and the purpose of the contract. Its primary function is to formally set the stage for the substantive terms that follow, ensuring a clear introduction to the agreement's background and intent.
T N E S S E T H that in consideration of the premises and mutual promises hereinafter set forth, the parties hereto agree as follows:
T N E S S E T H. RECITALS
T N E S S E T H that in consideration of the premises and the mutual covenants hereinafter contained, the Fund and the Administrator agree as follows:
T N E S S E T H. In consideration of the mutual covenants hereinafter contained, it is hereby agreed by and between the parties hereto as follows: 1. The Trust hereby engages the Adviser to act as the investment adviser for, and to manage the investment and reinvestment of the assets of, each Fund in accordance with each Fund’s investment objectives and policies and limitations, and to administer each Fund’s affairs to the extent requested by and subject to the supervision of the Board of Trustees of the Trust for the period and upon the terms herein set forth. The investment of each Fund’s assets shall be subject to the Fund’s policies, restrictions and limitations with respect to securities investments as set forth in the Fund’s then current registration statement under the 1940 Act, Declaration of Trust, By-laws of the Trust and all applicable laws and the regulations of the Securities and Exchange Commission relating to the management of registered open‑end management investment companies. The Adviser accepts such employment and agrees during such period to render such services, to furnish office facilities and equipment and clerical, bookkeeping and administrative services (other than such services, if any, provided by the Fundstransfer agent, administrator or other service providers) for the Funds, to permit any of its officers or employees to serve without compensation as trustees or officers of the Trust if elected to such positions, and to assume the obligations herein set forth for the compensation herein provided. The Adviser shall at its own expense furnish all executive and other personnel, office space, and office facilities required to render the investment management and administrative services set forth in this Agreement. In the event that the Adviser pays or assumes any expenses of a Fund not required to be paid or assumed by the Adviser under this Agreement, the Adviser shall not be obligated hereby to pay or assume the same or similar expense in the future; provided, that nothing contained herein shall be deemed to relieve the Adviser of any obligation to a Fund under any separate agreement or arrangement between the parties. 2. The Adviser shall, for all purposes herein provided, be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall neither have the authority to act for nor represent the Trust in any way, nor otherwise be deemed an agent of the Trust. 3. For the services and facilities described in Se...
T N E S S E T H. THE TOTAL PURCHASE PRICE is Forty-Nine Thousand and 00/100 Dollars ($49,000.00) (the “Purchase Price”), payable in immediately available funds by the BUYER to the SELLER, subject to the following terms and conditions:
T N E S S E T H. A. Lessee desires to lease from Lessor certain furniture, equipment, furnishings and other amenities owned by Lessor; and ▇. ▇▇▇▇▇▇ is willing to lease the same to ▇▇▇▇▇▇ on the terms, covenants and conditions hereinafter set forth.
T N E S S E T H. That for and in consideration of the sum of Ten Dollars ($10.00), cash in hand paid, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties, as applicable, covenant and agree as follows:
T N E S S E T H. THAT, WHEREAS, the Developer has proposed to undertake development activity upon a certain parcel of land, identified as Tax Parcel # , situate in the City and has caused to be made a comprehensive development plan, which plan is entitled “ ”, prepared by , under date of , 20 , with revision dates of , 20 ; , 20 ; and , 20 ; which plan is hereinafter referred to as the “Plan”;