The Entity Clause Samples
The 'THE ENTITY' clause defines and identifies the specific organization, company, or legal body that is a party to the agreement. It typically clarifies the full legal name, type of entity (such as corporation, LLC, or partnership), and jurisdiction of formation or registration. For example, it may specify that 'ABC Corporation, a Delaware corporation,' is the entity entering into the contract. This clause ensures there is no ambiguity about which legal person is bound by the agreement, thereby preventing disputes over contractual obligations and responsibilities.
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The Entity listed in Part 2 Schedule 1 as lender (the “Original Lender”);
The Entity. The Entity represents and warrants to SoS as follows:
5.1.1 The Entity is a unit of state government as defined under ORS 190.003, duly organized and validly existing under the laws of the State of Oregon. The Entity has full power, authority and legal right to make this Agreement and to incur and perform its obligations hereunder.
5.1.2 The making and performance by the Entity of this Agreement: (a) have been duly authorized by all necessary action of the Entity; (b) does not and will not violate any provision of any applicable law, rule, regulation, or order of any court, regulatory commission, board, or other administrative agency or any provision of the Entity’s charter or other organizational document; and (c) does not and will not result in the breach of, or constitute a default or require any consent under any other agreement or instrument to which the Entity is a party or by which the Entity or any of its properties may be bound or affected.
5.1.3 No authorization, consent, license, approval of, filing or registration with or notification to any governmental body or regulatory or supervisory authority is required for the execution, delivery or performance by the Entity of this Agreement.
5.1.4 This Agreement has been duly executed and delivered by the Entity and constitutes a legal, valid and binding obligation of the Entity, enforceable in accordance with its terms subject to the laws of bankruptcy, insolvency, or other similar laws affecting the enforcement of creditors’ rights generally.
The Entity. Though we may decide to acquire additional equipment, we will form an entity to acquire drilling rigs from the manufacturer in China. The name of the entity will be LARCLAY, LLC. The ownership will be 50% CWEI and 50% Lariat. The sole relationship of the parties is one of members in LARCLAY. Except as set forth herein, neither party shall owe any duty to the other for business opportunities arising in connection with the drilling rigs, such as for drilling, exploring or operating.
The Entity. The University and the Sponsor guarantee that the biological samples (blood, urine, saliva, etc.) that may be collected from patients undergoing the Trial covered by this Agreement shall only be used for the purposes of the Trial in accordance with the provisions of the Protocol and of the current regulations. Any conservation and subsequent use are subject to the acquisition of specific informed consent from the patient (or the parent/legal guardian) to the favourable opinion of the Ethics Committee in accordance with the limits and guarantees provided for in the current regulations and guidelines referred to in Article 1 of Legislative Decree 52 of 14 May 2019.
The Entity. 3.2.1. To inform THE UNIVERSITY before the starting date of the internship, about the number of participants required for each academic period, as well as the minimum requirements students should meet, through a written document which will be part of this agreement and referred to as TERMS OF REFERENCE.
3.2.2. To select the students who will join the internships from the shortlist provided by THE UNIVERSITY.
3.2.3. To provide the students with the necessary means to receive complete and methodical professional education according to the agreed internship.
3.2.4. To provide the academic counseling that the internship may require.
3.2.5. To appoint a coordinator for the implementation of this Agreement who will act as the Internship Coordinator.
3.2.6. To assess the participants’ performance by using the evaluation form and guidelines provided by THE UNIVERSITY.
3.2.7. To hire the students through any of the kinds of contracts established in Clause ninth of this Agreement, and to fulfill the obligations derived from each kind of contract.
3.2.8. To allow THE UNIVERSITY to observe directly the activities done by the students through visits to the facilities or other places where they are carried out.
3.2.9. To assign students tasks and activities which are directly related to their field of study and consistent with the guidelines established by THE UNIVERSITY.
3.2.10. Any other commitments derived from the present agreement and from the kind of contract established by THE ENTITY.
The Entity