Obligations of the Companies. To ensure compliance with company law, tax law and insolvency law, the INTERNATIONAL POOL LEADER and the PARTICIPATING COMPANIES hereby declare that they have taken the following measures: · the INTERNATIONAL POOL LEADER and each PARTICIPATING COMPANY shall enter in their books all intra-group treasury operations carried out; · in accordance with the provisions of the Internal Group Cash Management Agreement referred to in the preamble of this Service Agreement, the INTERNATIONAL POOL LEADER shall pay or charge each PARTICIPATING COMPANY on its net cash balances; · the interest rates applicable to these cash transactions shall be comparable to the market rates. Moreover, the INTERNATIONAL POOL LEADER, and the PARTICIPATING COMPANIES shall not create or permit to subsist any charge, pledge, lien or other security interest or any other arrangement or agreement having a similar effect over any of its accounts included in the present agreement.
Obligations of the Companies. Each of the Companies hereby agrees as follows:
Obligations of the Companies. (a) The Companies shall provide Business Associate with its notice of privacy practices produced in accordance with 45 CFR § 164.520 and any changes to such notice while this BAA is in effect.
Obligations of the Companies. 8.1. BlackBull shall use its reasonable efforts to provide the Referral Partner with the information the Referral Partner reasonably requests in writing in order to carry out its duties, including marketing information, and details related to financial instruments.
Obligations of the Companies. Each of the Companies acknowledges and agrees that any obligation of the Companies hereunder is the obligation of each of Holdings and Golfsmith jointly and severally.
Obligations of the Companies. The Companies and their respective management undertake to comply with all the terms provided for in this Merger Agreement, and their respective boards of executives officers are authorized to take any and all measures necessary for the Incorporation of the Share Merger.
Obligations of the Companies. Whenever required under this Article V to include Registrable Securities in a registration statement, BGDC or Pacific, as the case may be, shall, as expeditiously as reasonably possible:
Obligations of the Companies. Old Imperial agrees and acknowledges that this Agreement and the obligations of the Companies hereunder are solely obligations and liabilities of the Companies. None of the Companies' directors, officers, employees, stockholders and affiliates or any other persons shall be obligated or liable in respect of this Agreement, and Old Imperial hereby releases them from any such obligation or liability.
Obligations of the Companies. 5.1 The Administrative Agent, the Collateral Agent or a Lender may be unable to enforce a transaction which it has entered into with any Company if it knew or should have known (a) that the officers of that Company were entering into the transaction for a purpose different from the purposes for which that Company's constitution empowered them to enter into transactions of that kind or (b) that no reasonable board of directors could reasonably consider it to be in the best interests of the relevant Company to enter into the transaction. In such circumstances, the Administrative Agent, the Collateral Agent or that Lender may be liable to repay amounts which it received from the Company under the transaction.
Obligations of the Companies. All obligations of the Companies shall be joint and several obligations of each Company.
