Assignee’s Obligations. Assignee shall perform all of the obligations of the “Tenant” under the Lease from and after the Effective Date.
Assignee’s Obligations. As of the Effective Date, Assignee covenants and agrees to be named party to the Severance Agreement and to fully perform, discharge and observe all covenants, agreements, obligations and provisions to be performed, discharged or observed by the Corporation under the Severance Agreement, the whole to the same extent and effect as if the Assignee had been an original party to the Severance Agreement, in the place and stead of the Corporation.
Assignee’s Obligations. 3.1 The Assignee shall cooperate fully with the Assignor in all proceedings related to the assignment of the Policy as may be reasonably required by the Assignor including, without limitation, attendances at the office of the insurance company and the execution of all relevant deeds, instruments and documents.
Assignee’s Obligations. The Assignee hereby agrees that the Class B Ordinary Shares are subject to the restrictions and obligations set forth in the Subscription Agreement.
Assignee’s Obligations. Assignee will use best efforts to: (a) at its sole expense, work with the United States Patent & Trademark Office with respect to all matters relating to the Patents Assets including, without limitation, reissuance, office actions, applications, prosecution, and the like; and (b) conduct clinical trials of product, process, and services using the Patent Assets to develop products within the Field.
Assignee’s Obligations. Upon and after Closing, ASSIGNEE assumes full responsibility and liability for the following plugging and abandonment obligations related to the Property (the "PLUGGING AND ABANDONMENT OBLIGATIONS"), regardless of whether they are attributable to the ownership or operation of the Property before or after the Effective Date:
(i) The necessary and proper plugging, replugging and abandonment of all xxxxx on the Property, whether plugged and abandoned before or after the Effective Date;
(ii) The necessary and proper removal, abandonment, and disposal of all , structures, pipelines, equipment, abandoned property and junk located on or comprising part of the Property;
(iii) The necessary and proper capping and burying of all associated flow lines located on or comprising part of the Property;
(iv) The necessary and proper restoration of the Property, both surface and subsurface, to the condition they were in before commencement of oil and gas operations; as may be required by applicable laws, regulation or contract;
(v) Any necessary clean-up or disposal of Property contaminated by naturally occurring radioactive material ("NORM");
(vi) All obligations arising from contractual requirements and demands made by courts, authorized regulatory bodies or parties claiming a vested interest in the Property; and
(vii) Obtaining and maintaining all bonds, or supplemental or additional bonds, that may be required contractually or by governmental authorities.
Assignee’s Obligations. Upon any assignment under Article 29.1, the assignee shall enter into an agreement with the GOVERNMENT and the remaining Companies amending this Agreement such that the assignee shall become a signatory to this Agreement so amended, and succeed to and be substituted for the assignor as though the assignee had been an original signatory to this Agreement. In the case of any assignment under Article 29.1, the ultimate parent company of the assignee shall guarantee the performance of the assignee and shall provide such guarantee upon the effective date of the assignment in accordance with Article 26.
Assignee’s Obligations. 4.1 The Assignee must:
4.1.1 comply with all of the Tenant’s Obligations throughout the Liability Period; and
4.1.2 not occupy the Premises before the Assignment Date.
4.2 The Assignee must:
4.2.1 procure the registration of the assignment of the Reversionary Lease by HM Land Registry as soon as reasonably practicable after the Assignment Date; and
4.2.2 within one month of completion of the registration of the assignment of the Reversionary Lease, produce to the Landlord’s solicitors an official copy of the register of title showing the Assignee as the registered proprietor of the Reversionary Lease.
4.3 As a condition of the Landlord’s consent to the assignment of the Leases, the Assignee and the Landlord shall complete and enter into the Rent Deposit Deed on the Assignment Date and the Assignee shall pay to the Landlord the ‘Initial Sum’ (as defined within the Rent Deposit Deed) in cleared funds on or before the Assignment Date.
Assignee’s Obligations. The Assignee shall:
Assignee’s Obligations. From today until the Assignee is released from the Tenant Covenants in the Lease under the provisions of the Landlord and Tenant (Covenants) Xxx 0000 the Assignee will:
3.1 indemnify the Guarantor against all liabilities (including liabilities under claims, demands, proceedings and awards) in relation to any matters (including costs, expenses, losses, damages, compensation and penalties) under the authorised guarantee agreement which the Landlord requires the Guarantor to enter into (pursuant to section 16 of the Landlord and Tenant (Covenants) Act 1995) in relation to the Assignment;
3.2 give the Guarantor notice as soon as practicable after becoming aware of anything that is or may become a breach of the Tenant Covenants and any proceedings instituted of threatened by the Landlord in relation to any such breach or alleged breach;
