Additional Seller Obligations. When requesting a Seller Initiated Test during a Put Delivery Period, Seller shall also enter information into the Outage Management System, as well as provide Availability Notices reflecting such Seller Initiated Test, as set forth in Article Twenty.
Additional Seller Obligations. (a) Smoke/Carbon Monoxide Detectors: R.I.G.L. 23-28.1 requires certain residential dwellings to be equipped with an approved smoke detector and carbon monoxide detector system. It is the responsibility of the Seller of a two or three unit dwelling to deliver the Property at the closing in compliance with such law along with a smoke detector and carbon monoxide detector certificate dated no earlier than 60 days before the closing. The parties should be aware of these and other changes to Rhode Island fire safety laws for residential dwellings. 3 units: interconnected smoke detectors must be installed effective July 1, 2008. 4 and above units: must comply with all applicable fire codes and regulations.
Additional Seller Obligations. (a) Smoke and Carbon Monoxide Detectors: Rhode Island law requires that all existing one-, two- and three-family dwellings, and all existing residential buildings with less than eight units, shall be equipped with an approved smoke and carbon monoxide detector system. It s the responsibility of the Seller to deliver the Property at the closing in compliance with such la along with a smoke and carbon monoxide detector certificate dated no earlier than 60 days before the Closing. If such detectors must be installed or replaced, the Buyer shall be solely responsible for the costs associated therewith.
Additional Seller Obligations. (a) Foreign Investment in Real Property Tax Act (“FIRPTA”): The Seller represents that the Seller is not a foreign person or foreign corporation as defined in FIRPTA and according, that the Buyer will not be required to comply with the withholding requirements of FIRPTA at the closing. Developer and City of Central Falls to enter into a partnership whereby developer is except from all state sales tax on building materials
Additional Seller Obligations. From and after the Phase III Closing Date (and conditioned on the occurrence of the Phase I Closing, the Phase II Closing and the Phase III Closing) until the date that is the eighteen-month anniversary thereof, Seller shall be required to retain direct ownership, free and clear of any Liens, of no less than a number of shares of the Phase III Stock Consideration that has an aggregate value of less than Ten Million Dollars ($10,000,000.00) (valued as of the date of the Phase III Closing).
Additional Seller Obligations. Seller shall, at its sole cost and expense, except as set forth in this Agreement, take all commercially reasonable diligent efforts to complete the Seller’s Conditions Precedent with respect to the Projects, and the satisfaction of the Project Milestones and otherwise as required in connection with the consummation of the transactions contemplated by this Agreement, including, without limitation, for the acquisition, development, construction, installation and completion of the Project. From and after the Project Transfer Date, all Land Contracts, Interconnection Agreements, Power Purchase Agreements, Conditional Use Permits, Permits, Permit Applications and all other Development Documents evidencing rights, approvals or assets with respect to the Projects shall be entered into and obtained in the name of the SPE owning the respective Project. Notwithstanding the foregoing, from and after the Effective Date, Seller shall have no right, power or authority to enter into, modify, amend or supplement any agreement or other binding obligation with respect to any Project, and any documents or materials comprising any such agreement or binding obligation shall be executed and entered into solely by the SPE owning the respective Project, or with the prior written consent of Buyer. With respect to each Project, Seller shall, at its sole cost and expense, except as set forth in this Agreement, be solely responsible for all costs of such Project until the completion of Project Milestones 1-5 for such Project, as evidenced by the Seller Expense Schedule. In addition to completing the Seller’s Conditions Precedent with respect to the Projects, and the satisfaction of the Project Milestones, Seller shall further be obligated, at its sole cost and expense, except as set forth in this Agreement, to obtain and provide to Buyer the following with respect to the Projects:
Additional Seller Obligations. If (i) Seller assigns or transfers to another Person, or grants to another Person any assertion rights under, any of the Licensed IP, or (ii) Seller or any of its Affiliates assigns or transfer to another Person, or grants to another Person any assertion rights under, any of the Other Seller IP, then Seller (and if applicable such Affiliate) shall require that such Person receives the Licensed IP, Other Seller IP, or assertion rights, subject to, and ensure that each such Person is bound by and agrees in writing to comply with, the license granted in this Section 6.7 and the covenant not to sue in Section 6.8 below, as if such Person were substituted for the Seller in this Section 6.7 and Section 6.8 below, and that such Person agrees to (A) perform the obligations described in this sentence if such Person assigns or transfers, or grants any assertion rights under, any of such Licensed IP or Other Seller IP, and (B) promptly provide Novartis Pharma AG with written notice describing such assignment, transfer or grant, including the identity of the recipient thereof. ACTIVE/123404471.12
Additional Seller Obligations. 5.1 Each User who registers as a Seller represents and warrants that it is a professional reseller of the Products it proposes to sell on the Website. The Seller, under the ‘Know Your Customer’ procedure forming part of registration on the Website, must provide BACK MARKET with the following administrative documents: -1 photocopy/scan of the identity document of each natural person who holds at least 25% of the company’s shares -1 copy of the bank details -1 copy of the Certificate of incorporation -1 copy of a good standing certificate from the Secretary of State for the state in which the Seller is incorporated. Seller, agrees that Seller will comply with all the rules, and obligations and laws, including that apply to Seller, without limitation to the following: consumer laws (clarity of the offers made to the consumer, consumer information, availability of Products, delivery conditions, consumer withdrawal period, billing and distance selling, warranties etc.), tax laws, laws concerning unfair, misleading or aggressive commercial practices, laws related to clearance sales, which he/she asserts that he/she is fully aware of. The Seller acting in a professional capacity represents and warrants to BACK MARKET that Seller will fulfill all Seller’s professional obligations , and Seller acknowledges and agrees to be bound by the obligation imposed on Sellers in the BACK MARKET Quality Charter (“Quality Charger”), which is incorporated in this Agreement by reference and will compensate BACK MARKET for any consequences linked to any failure by the Seller to perform his/her obligations in Seller’s capacity as a professional reseller of refurbished electronic Products. The Seller therefore agrees to meet directly the payment of all sums, including any sentences to a fine, court fees, legal expenses and other amounts due in this respect.
Additional Seller Obligations