Comply with Obligations Sample Clauses
The 'Comply with Obligations' clause requires each party to fulfill all duties and responsibilities outlined in the agreement. In practice, this means that both parties must adhere to the terms, deadlines, and standards specified in the contract, such as delivering goods on time or maintaining confidentiality. This clause ensures that all contractual commitments are met, promoting accountability and reducing the risk of disputes arising from non-performance.
Comply with Obligations. To comply with the obligations contained or referred to:
5.44.1 in any lease under which the Landlord holds the Premises (but only so far as they are negative or restrictive); and
5.44.2 in the Government Grant, the Occupation Permit or any Deed of Mutual Covenant, to the extent that they relate to the Premises or the rights granted by this Lease.
Comply with Obligations. Upon the failure of Mortgagor: (a) to perform any obligation to be performed by Mortgagor under this Mortgage or under any other mortgage that encumbers the Premises, or to pay any taxes, assessments, insurance premiums, or other payments provided for under this Mortgage, (b) to pay the cost and expense of maintaining the Premises in the state of repair and condition required by this Mortgage, (c) to defend its title to the Premises, or (d) to discharge and pay when due any lien or title claimed to rank equal to or have priority over the lien of this Mortgage, Mortgagee, or its successors and assigns, may pay such taxes, assessments, insurance premiums, or payment, perform such obligations, and pay the cost and expense of such repair or maintenance, or the cost and expense of defending or clearing such title or performing any such obligation, including reasonable attorneys' fees, and any and all amounts paid out by Mortgagee in connection therewith, with interest at the applicable rate under the Note from time to time, payable monthly, shall be deemed to have been paid to protect the Premises and shall be and become additional indebtedness secured by this Mortgage and shall be paid to Mortgagee, or its successors and assigns, by ▇▇▇▇▇▇▇▇▇ immediately upon demand. Unless otherwise agreed, all payments received by ▇▇▇▇▇▇▇▇▇ are to be applied in the following order: costs, expenses, reasonable attorney's fees, interest, and then principal. In the event this Mortgage secures more than one note or other evidence of indebtedness, then any payment may be applied in such order as Mortgagee may determine.