Obligation to take out and maintain insurance
Obligation to supply water for public purposes
Obligation to refrain from restrictive practices The Operator shall not, whether alone or together with any other Operator or other person, during the period of this agreement -
Obligation to. Go Along" Subject to Sections 5(a) and 5(c) of this Agreement, if the Board of Directors of the Company approves a sale of all or substantially all of the Company's assets determined on a consolidated basis or a sale of all or substantially all (i.e., greater than 66 2/3%) of the Company's outstanding capital stock (whether by sale of stock, merger, recapitalization, consolidation, reorganization, combination or otherwise) to any Person or group of Persons (collectively an "Approved Sale"), each Shareholder will consent to ------------- and raise no objections against such Approved Sale. If the Approved Sale is structured as (i) a merger or consolidation, each Shareholder will waive any dissenter's rights, appraisal rights or similar rights in connection with such merger or consolidation or (ii) sale of stock, each Shareholder will agree to sell all of its Shares and rights to acquire Shares on the terms and conditions approved by the Board of Directors of the Company. Each Shareholder will take all reasonable actions in connection with the consummation of the Approved Sale as requested by the Company.
Obligation to. Merck shall, upon NewLink’s reasonable request [**], undertake [**] to [**] or [**] that may be available to [**].
Obligation to. 18 5.3 CROSS-COLLATERAL . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
Obligation to promptly notify any changes The parent(s) or other legal guardian(s) must immediately notify the childcare centre of any changes to personal data or other information.
Obligation to avoid conflict of interests The beneficiary must take all measures to prevent any situation where the impartial and objective implementation of the action is compromised for reasons involving economic interest, political or national affinity, family or emotional ties or any other shared interest (‘conflict of interests’). They must formally notify the contractor without delay any situation constituting or likely to lead to a conflict of interests and immediately take all the necessary steps to rectify this situation. The contractor may verify that the measures taken are appropriate and may require additional measures to be taken by a specified deadline.
Obligation to. “TAKE-OR-PAY” Neither the Participant’s failure or refusal to accept delivery of water from the Nacimiento Facilities to which the Participant is entitled under the Contract nor the District’s failure to deliver said water shall in any way relieve the Participant of its obligations to make payments to the District as provided for herein. Commencing on the Effective Date, the Participant shall pay all amounts due hereunder, including, without limitation, those due under Article 17 hereof, without reduction or offset of any kind, whether or not the Nacimiento Facilities or any part thereof is then operating or operable or its service is suspended, interfered with, reduced or curtailed or terminated in whole or in part, due to any of the reasons set forth in Articles 6(A), 13, 14 and 15, or otherwise, and such Participant’s Contract Payments shall not be conditional upon the performance or nonperformance by any party to the Contract, or to the Like-Contracts, for any cause whatsoever; provided, however, that any savings from non-operation of the Nacimiento Facilities shall be apportioned among the Participant and the Other Participants in accordance with their respective percentages of the Participant’s and each Other Participant’s Unit Percentage Share. The Participant’s obligations to make Contract Payments and other payments required to be made hereunder are incurred by the Participant for the benefit of future holders of Municipal Obligations, and shall be absolute and unconditional. Such payments shall be absolutely net, free of any deductions, and are not subject to any reduction, whether by offset, recoupment, counterclaim or others. The Participant shall make all such payments notwithstanding the occurrence of any act or circumstances that may constitute failure of consideration, destruction of or damage to the Nacimiento Facilities, commercial frustration of purpose, any change in the tax or other laws of the United States of America or of the State of California, or any political subdivision or either of these.
Obligation to. Proceed. The Lessee shall satisfy the following Lessee responsibilities as soon as practicable after the Contract Date, each of which shall be a condition precedent to the occurrence of the Commencement Date.
