Assignor obligations Sample Clauses

Assignor obligations. Each Assignor acknowledges that notwithstanding any benefits which Assignee may offer or provide to any Employee to whom Assignee has extended an offer of employment, such Assignor has certain obligations with respect to such Assignor's Employees under Section 4980B of the Code and Section 601 et seq. of the Employment Retirement Income Security Act of 1974, as amended ("ERISA") and agree to comply with those obligations. Each Assignor shall be responsible for and shall cause to be discharged and satisfied in full all amounts owed to any Employee or Former Employee, including wages, salaries, accrued vacation, any employment, incentive, compensation or bonus agreements or other benefits or payments on account of termination of employment by such Assignor, and shall indemnify the Lone Star Parties and hold the Lone Star Parties harmless from any losses thereunder. Each Assignor shall be responsible for compliance with the COBRA notice and continuation coverage requirements under Part 6 of Title I of the ERISA, with respect to all employees (and their beneficiaries) experiencing a qualifying event (as defined in Section 603 of ERISA) on account of the transactions contemplated by this Agreement or occurring prior to the Closing.
Assignor obligations. Assignor shall not be liable for any further performance of any duties or fulfillment of any obligations under the Contract except to the extent Assignee fails to properly perform, in which event, Assignor, if Assignor still exists as an entity following the Assignment, shall correct such performance if requested to do so by the State.
Assignor obligations. Assignor shall remain responsible for and perform all of Assignor's obligations under or with respect to the Agreement accruing prior to the date of this Assignment and Consent.
Assignor obligations. As of the Effective Date, Assignor shall comply with the following:
Assignor obligations. 3.1) The Model shall give the Agency her telephone number for the purpose of contacting her within the shortest time possible in order to receive information relevant to eventual proposals for contracts pertaining to the subject of the agreement hereby; to the contrary the Model when in Italy, shall undertake to contact the Agency at least 3 times per day between 9.00 and 18.00 hours;
Assignor obligations. (A) Except as specifically contemplated by the terms and conditions of this Agreement, Assignor shall not convey any interest in the Property after the signing of this Agreement without the prior joinder or written consent of the Assignee.
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Related to Assignor obligations

  • Seller Obligations Seller shall (A) arrange and pay independently for any and all necessary costs under any Generator Interconnection Agreement with the Participating Transmission Owner; (B) cause the Interconnection Customer’s Interconnection Facilities, including metering facilities, to be maintained; and (C) comply with the procedures set forth in the GIP and applicable agreements or procedures provided under the GIP in order to obtain the applicable Electric System Upgrades and (D) obtain Electric System Upgrades, as needed, in order to ensure the safe and reliable delivery of Energy from the Project up to and including quantities that can be produced utilizing all of the Contract Capacity of the Project.

  • Security for Obligations This Agreement secures, and the Collateral is collateral security for, the prompt and complete payment or performance in full when due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including the payment of amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code, 11 U.S.C. §362(a) (and any successor provision thereof)), of all Obligations with respect to every Grantor (the “Secured Obligations”).

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