Agreement to Assume the Obligations of the Covenant Sample Clauses

Agreement to Assume the Obligations of the Covenant. The grant deed or other document effectuating the conveyance of the Affordable Unit shall include for the duration of the Affordability Period the following: (A) references to the Affordable Housing Covenant and the obligation of the Qualified Purchaser to be bound by all the obligations set forth in the Affordable Housing Covenant, (B) references to the Affordable Housing Deed of Trust, the Affordable Housing Option Agreement, and the Reimbursement Agreement (all as defined in the Affordable Housing Covenant), and (C) a covenant that will require the Qualified Purchaser, and any successor or assign, to include in any document transferring any interest in the Affordable Unit a reference to the Affordable Housing Covenant, the Affordable Housing Deed of Trust, the Affordable Housing Option Agreement, the Reimbursement Agreement, and the obligation of the Transferee to be bound by the obligations set forth in the Affordable Housing Covenant, the Affordable Housing Deed of Trust, the Affordable Housing Option Agreement and the Reimbursement Agreement.
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Related to Agreement to Assume the Obligations of the Covenant

  • Obligations of the Consultant A. CONSULTANT shall perform as required by this AGREEMENT. CONSULTANT also warrants on behalf of itself and all subcontractors engaged for the performance of this AGREEMENT.

  • Obligations of the Licensee 5.1.1. The Licensee’s Responsibilities and Duties shall include the following, in addition to and without prejudice to other obligations under this Agreement:

  • OBLIGATIONS OF THE OWNER 5.1 The Owner agrees to provide the requisite access and authority for Coinllectibles to have access to information necessary for Coinllectibles to carry out the Services hereunder.

  • Conditions to Obligations of the Company The Company’s obligation to sell and issue the Shares and the Warrants at the Closing is subject to the fulfillment to the satisfaction of the Company on or prior to the Closing Date of the following conditions, any of which may be waived by the Company:

  • Obligations of the Company Whenever required under this Section 2 to effect the registration of any Registrable Securities, the Company shall, as expeditiously as reasonably possible:

  • Obligations of the Contractor (i) Subject to and on the terms and conditions of this Agreement, the Contractor shall undertake the survey, investigation, design, engineering, procurement, construction, and maintenance of the Project Highway and observe, fulfil, comply with and perform all its obligations set out in this Agreement or arising hereunder.

  • Obligations of DOE a. In express reliance on the covenants and representations in this Compromise Agreement and to avoid further expenditure of public resources, XXX agrees to accept Respondent’s payment pursuant to section III.2.a in full satisfaction of the penalty authorized by the Act.

  • Obligations of the Operator 4.1 The Operator expressly warrants and undertakes that it will:

  • Obligations of the Client 3.1 The Client is responsible for the information they have provided to GoodHabitz, the use of the Service and keeping access to these confidential. The Client commits to using the Service within the limits of the provisions of the Agreement, these Terms and Conditions and the applicable laws and regulations, including the General Data Protection Regulation (GDPR).

  • Obligations of Customer Axway’s indemnification obligation is contingent upon the Customer: (a) giving immediate written notice to Axway of any such Infringement Claim; (b) giving Axway control of the defense and related settlement negotiations, provided , however that Axway will obtain the Customer’s prior written consent, which shall not be unreasonably withheld or delayed, if any settlement of such an Infringement Claim requires Customer to admit liability, take or refrain from taking any particular action other than cessation of use of the infringing Services, Product, or Deliverable , and (c) assisting in the defense at Axway’s reasonable request, provided Axway agrees to pay Customer’s reasonable expenses in connection therewith. The Customer may participate in such defense and in any settlement discussions directly or through counsel of the Cus tomer’s choice, at the Customer’s expense, provided such participation does not materially prejudice Axway’s sole control of the defense or cause Axway to incur material additional costs in the conduct of such defense .

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