UNDERSTANDING BETWEEN THE PARTIES Sample Clauses

The "Understanding Between the Parties" clause defines the mutual agreement and shared intentions of all parties involved in a contract. It typically clarifies that the written contract represents the complete and final understanding, superseding any prior discussions, negotiations, or informal agreements. This clause ensures that only the terms explicitly stated in the contract are enforceable, thereby preventing misunderstandings or disputes over alleged side agreements or prior communications.
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UNDERSTANDING BETWEEN THE PARTIES. 2.1. Each Party intends to promote its own business by sharing the equipment, technology, experience and other facilities provided or agreed to be provided by a Party to the opposite Party under the terms and conditions of this Agreement to the extent that such promotion is in line with the business activities of the Parties. 2.2. The relationship between the Parties is purely a business relationship based upon Principal-to- Principal arrangements and shall, unless expressly provided otherwise, never be construed as partnership, or joint venture, or employer-employee, principal- agent arrangement between the parties for any purpose whatsoever. 2.3. Home Credit neither guarantees any minimum sale or business to the Merchant nor undertakes to provide any kind of particular service or facility for consideration to the Merchant and the Merchant shall be solely responsible for all its own business and undertakes to bear all losses or profits arising out of its own business. 2.4. All existing Merchant stores will be included in the list of participating branches for promotions. Further, even if a Merchant does not enroll some of its branches for promotions or loyalty programs, qualified transactions using HC Account will still be subject to the promotion or loyalty program available at the time of the transaction. 2.5. Home Credit reserves the right to decline or terminate the Customer’s participation in any of the promotions, loyalty programs, QR Payment System, or Home Credit Pay System if it finds that the Customer has breached any of the terms and conditions of its HC Account, loan, or financing agreement with Home Credit. 2.6. Merchant agrees that the decision of Home Credit shall prevail in case of any conflict in the promotions or loyalty programs.
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UNDERSTANDING BETWEEN THE PARTIES. The Parties to this Agreement have executed this Agreement with the understanding as follows: 2.1. Home Credit will provide, at its discretion, financing for the Customer to purchase Goods from the Dealer and the Dealer commits to assist Home Credit in processing Home Credit’s Products. 2.2. For the purpose stated in the clause above, each Party intends to promote its business by sharing the equipment, technology, experience and other facilities provided or agreed to be provided by a Party to the opposite Party under the terms and conditions of this Agreement to the extent that such promotion is in line with the business activities of the Parties. 2.3. The relationship between the Parties is purely a business relationship based upon principal-to-principal arrangements and shall, unless expressly provided otherwise, never be construed as partnership, or joint venture, or employer-employee, principal-agent arrangement between the parties for any purpose whatsoever. The employees of each Party, including their representatives and Representatives of the Dealer shall remain to be the employees or representatives of the respective Party, and shall at all times, remain within the exclusive control and authority of the respective Party, all throughout this Agreement. 2.4. Home Credit neither guarantees any minimum sale or business to the Dealer nor undertakes to provide any kind of particular undertaking or facility for consideration to the Dealer and the Dealer shall be solely responsible for all its own business and undertakes to bear all losses or profits arising out of its own business. 2.5. Unless directed and/or consented by Home Credit or agreed under this Agreement, the Dealer shall not represent to the Customer in any manner whatsoever that the Dealer/ Dealer’s Representatives are an agent of Home Credit or that the Dealer has the authority to approve the financing on the Goods. Furthermore, the Dealer shall not promise or guarantee any approval of Financing Amount to the Customer 2.6. The Total Price of the Goods shall be always based on the lowest price that the Customer may get from the Dealer without any additional ▇▇▇▇-ups such as charges for credit card or deferred purchases. The amount of the Total Price of the Goods without any ▇▇▇▇-ups shall also be the basis for the Balance Amount of the Goods. In no instance shall the Dealer adjust its pricing based on whether or not the Customer wants to avail Home Credit’s Products.
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UNDERSTANDING BETWEEN THE PARTIES. 2.1. Each Party intends to promote its own business by sharing the equipment, technology, experience and other facilities provided or agreed to be provided by a Party to the opposite Party under the terms and conditions of this Agreement to the extent that such promotion is in line with the business activities of the Parties. 2.2. The relationship between the Parties is purely a business relationship based upon Principal-to-Principal arrangements and shall, unless expressly provided otherwise, never be construed as partnership, or joint venture, or employer-employee, principal- agent arrangement between the parties for any purpose whatsoever. 2.3. Home Credit neither guarantees any minimum sale or business to the Merchant nor undertakes to provide any kind of particular service or facility for consideration to the Merchant and the Merchant shall be solely responsible for all its own business and undertakes to bear all losses or profits arising out of its own business. 2.4. All existing Merchant stores will be included in the list of participating branches for promotions. Further, even if a Merchant does not enroll some of its branches for promotions or loyalty programs, qualified transactions using HCC will still be subject to the promotion or loyalty program available at the time of the transaction. 2.5. All transactions processed under the name of the Merchant, as it appears in the statement from the Payment Network, regardless of the branch name, will be billed to the Merchant, if applicable. 2.6. Home Credit reserves the right to decline or terminate the Customer’s participation in any of the promotions or loyalty programs if it finds that the Customer has breached any of the terms and conditions of its card, loan, or financing agreement with Home Credit. 2.7. Merchant agrees that the decision of Home Credit shall prevail in case of any conflict in the promotions or loyalty programs.
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UNDERSTANDING BETWEEN THE PARTIES. Executive and the Company agree and acknowledge that Executive’s employment as described in this Agreement, and for the consideration and promises set forth herein, is being made substantially consistent with the existing executive compensation program that is in effect at GrafTech, and that the executive compensation program described herein is under review by the Human Resources and Compensation Committee of the Board (the “Compensation Committee”) with adjustments expected to be made as appropriate for 2024 (including based on the Committee’s review of reasonable comparative compensation information), but in no event will the executive compensation program described in this Agreement be reduced without the written consent of Executive, unless such reduction is part of an across-the-board reduction involving substantially similar proportions applicable to all similarly situated executive officers of GrafTech and its subsidiaries for one or more calendar years.
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UNDERSTANDING BETWEEN THE PARTIES. The Parties to this Agreement have executed this Agreement with the understanding as follows: 2 .1 Home Credit will provide , at its discretion , financin g for the Custome r to purchase Good s and/or Services from the Dealer/ P r ovid er and th e Dealer /P r ov id e r commits to assist Home Credit in processing Home Cred it’ s Products . 2 .2 For the purpose stated in the clause above, each Party intends to promote its business by sharing the equipme n t, technolog y , experie nc e and other facilit i e s provide d or agreed to be provid ed by a Party to the opposite Party under th e terms and condition s of this Agreemen t to the extent that such promotion is in line with the business activitie s of the Parties . 2 .3 The relationsh ip betwe en the Parties is purely a business relation sh ip bas e d upon principa l-to-p rinc ipa l arrange men ts and shall, unless express ly prov id e d otherwise , never be construe d as partnersh ip , or joint venture, or emplo y e r - employ ee , principa l-a ge n t arrangemen t betwe en the parties for any pur p os e whatsoev er . The employ ee s of each Party, including their represen ta tive s and Represen ta tive s of the Dealer / Pr ov ide r shall remain to be the employe es or represen ta tiv es of the respectiv e Party, and shall at all times, remain within the exclusive control and authority of the respective Party, all throughout this Agreement. 2 .4 Home Credit neither guarantees any minimum sale or business to the Dealer/Provider nor undertakes to provide any kind of particular undertaking or facility for consideration to the Dealer/Provider and the Dealer/Provider shall be solely responsible for all its own business and undertakes to bear all losses or profits arising out of its own business. 2 .5 Unless directed and/or consented by Home Credit or ▇▇▇▇ ▇▇ under this Agreement, the Dealer/Provider shall not represent to the Customer in any manner whatsoever that the Dealer/Provider its Representatives are an agent of Home Credit or that the Dealer/Provider has the authority to approve the financing on the Goods and/or Services. Furthermore, the Dealer/Provider shall not promise or guarantee any approval of Financing Amount to the Customer 2 .6 The Total Price of the Goods and/or Services shall be always based on the lowest price that the Customer may get from the Dealer/Provider without any additional ▇▇▇▇-ups such as charges for credit card or deferred purchases. The amount of the Total Price of the Goods an...
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UNDERSTANDING BETWEEN THE PARTIES. My services are provided strictly in a voluntary capacity as a volunteer, and without any express or implied promise of salary, compensation or other payment of any kind whatsoever.
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UNDERSTANDING BETWEEN THE PARTIES. 1. The Demised Premises shall be deployed and used by the Lessee for the purpose of carrying on Permitted Activities only or any other activity as may specifically be permitted by NOIDA Authority from time to time.
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Related to UNDERSTANDING BETWEEN THE PARTIES

  • RELATIONSHIP BETWEEN THE PARTIES A Party is not by virtue of this Agreement the employee, agent or partner of the other Party and is not authorised to bind or represent the other Party.

  • Cooperation Between the Parties The College and UFE shall supply each other with requested information reasonably needed to facilitate the processing of the grievance. Meetings to discuss any grievance shall be scheduled at mutually convenient times.

  • Disputes between the Parties (1) Disputes between the Parties concerning the interpretation or application of this Agreement shall, if possible, be amicably settled through consultation. (2) If a dispute between the Parties cannot thus be settled within a period of six months, it shall upon the request of either Party be submitted to an arbitral tribunal. (3) Such an arbitral tribunal shall be constituted for each individual case in the following way. Within two months of the receipt of the request for arbitration, each Party shall appoint one member of the tribunal. Those two members shall then select a national of a third State who on approval by the Parties shall be appointed Chairman of the tribunal. The Chairman shall be appointed within two months from the date of appointment of the other two members. (4) If within the periods specified in paragraph (3) of this article the necessary appointments have not been made, either Party may, in the absence of any other agreement, invite the Chairman of the International Court of Arbitration of the International Chamber of Commerce to make any necessary appointments. If the Chairman is a national of either Party or if he is otherwise prevented from discharging the said function, the Vice-Chairman shall be invited to make the necessary appointments. If the Vice-Chairman is a national of either Party or if he too is prevented from discharging the said function, the Member of the International Court of Arbitration of the International Chamber of Commerce next in seniority who is not a national of either Party shall be invited to make the necessary appointments. (5) The arbitral tribunal shall reach its award by a majority of votes. Each Party shall bear the costs of its own member of the tribunal and of its representation in the arbitral proceedings; the costs of the Chairman and remaining costs shall be borne in equal parts by the Parties. The tribunal may, however, in its award direct that a highter proportion of this costs shall be borne by one of the two Parties. The tribunal shall determine its own procedure. This award shall be final and binding on the Parties.

  • Consultation Between the Parties ALPS and the Fund shall regularly consult with each other regarding ALPS’ performance of its obligations under this Agreement. In connection therewith, the Fund shall submit to ALPS at a reasonable time in advance of filing with the SEC reasonably final copies of any amended or supplemented registration statement (including exhibits) under the 1933 Act and the 1940 Act; provided, however, that nothing contained in this Agreement shall in any way limit the Fund’s right to file at any time such amendments to any registration statement and/or supplements to any prospectus or statement of additional information, of whatever character, as the Fund may deem advisable, such right being in all respects absolute and unconditional.

  • Complete Understanding The terms and conditions set forth in this Agreement represent the full and complete understanding between the parties. The terms and conditions may be modified only through the written mutual consent of the parties.