Conveyances and Joint Obligations Sample Clauses

Conveyances and Joint Obligations. (a) Vendor shall prepare the General Conveyance, to be executed and delivered by the Parties at Closing. The General Conveyance shall be structured to acknowledge that the Transaction is a joint purchase by the Parties comprising Purchaser and shall reflect the interests being acquired by each of the Parties comprising Purchaser in accordance with the Asset Allocation.
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Conveyances and Joint Obligations. (a) Vendor has used commercially reasonable efforts to prepare the required Specific Conveyances. To the extent any further Specific Conveyances are required after the date hereof, Vendor shall use commercially reasonable efforts to provide such Specific Conveyances for execution and delivery by the Parties as soon as reasonably possible after such requirements are established. None of the Specific Conveyances shall confer or impose upon a Party any greater right or obligation than contemplated in this Agreement. To the extent any Specific Conveyances are not prepared or delivered on the date hereof, Vendor shall be entitled to retain the Leases, Title and Operating Documents and correspondence, records, books, documents, licences, reports and data relating thereto comprising the Miscellaneous Interests until such Specific Conveyances are executed and delivered, but Purchaser may access all of the foregoing at Vendor’s offices during normal business hours for review purposes and to make copies.
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Conveyances and Joint Obligations. (a) Vendor shall prepare the General Conveyance to be executed and delivered by the Parties at Closing.
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Conveyances and Joint Obligations. Vendor and Subco shall prepare the Specific Conveyances none of which shall confer or impose upon a Party any greater right or obligation than contemplated in this Agreement. All such Specific Conveyances shall be executed and delivered by the Parties at Closing. It shall not be necessary for the Specific Conveyances to have been executed prior to or at Closing by any Third Parties except for any affiliate or broker holding legal title on behalf of Vendor or Subco. Forthwith after Closing with the cooperation of Purchaser, Vendor and Subco shall circulate and register, as the case may be, all Specific Conveyances that by their nature may be circulated or registered. All costs of registration of the Specific Conveyances, including without limiting the generality of the foregoing, all transfers of caveats, well, facility and pipeline licence transfers, assignments of dispositions and any associated security deposits shall be for Purchaser's account.
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Related to Conveyances and Joint Obligations

  • Joint Obligations The following shall apply with equal force to Seller and Buyer:

  • Several, Not Joint, Obligations The agreements, representations and obligations of the Parties under this Agreement are, in all respects, several and not joint.

  • Client Obligations The Client shall supply and deliver to the Consultant all documentation and information relating to the Client and the Client’s business as may be reasonably requested by the Consultant in connection with the performance of the Services by the Consultant. Such information and documentation shall, to the best of the Client’s knowledge, be accurate and complete in all material respects at the time furnished. The Client will promptly notify the Consultant if it learns of any material misstatement in, or material omission from, any information previously delivered to Consultant. The Consultant may rely, without independent verification, on the accuracy and completeness of all information furnished by the Client. The Client understands that the Consultant shall not be liable for independently verifying the accuracy of such information and shall not be liable for any inaccuracies therein.

  • Guaranty of the Obligations Subject to the provisions of Section 7.2, Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to Administrative Agent for the ratable benefit of the Beneficiaries the due and punctual payment in full of all Obligations when the same shall become due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including 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)) (collectively, the “Guaranteed Obligations”).

  • Development Obligations You agree to do each of the following:

  • Joint Obligation If there be more than one Tenant, the obligations hereunder imposed shall be joint and several.

  • Assignment Obligation Each Party shall cause all Persons who perform activities for such Party under this Agreement to be under an obligation to assign their rights in any Inventions resulting therefrom to such Party.

  • Specific Obligations Without limiting the generality of Section 3.1 or the requirements of any other provision of this Agreement, Contractor shall:

  • Security Interest for “Obligations The term “Obligations” as used in this Annex includes the following additional obligations: With respect to Party A: not applicable. With respect to Party B: not applicable.

  • Tenant Obligations Subject to the provisions of Sections 10.1, 10.2 and 10.3 relating to Landlord’s approval of certain Alterations, Capital Improvements and Material Capital Improvements, Tenant, at its expense and without the prior consent of Landlord, shall maintain the Leased Property, and every portion thereof, including all of the Leased Improvements and the structural elements and the plumbing, heating, ventilating, air conditioning, electrical, lighting, sprinkler and other utility systems thereof, all fixtures and all appurtenances to the Leased Property including any and all private roadways, sidewalks and curbs appurtenant to the Leased Property, and Tenant’s Property, in each case in good order and repair whether or not the need for such repairs occurs as a result of Tenant’s use, any prior use, the elements or the age of the Leased Property, and, with reasonable promptness, make all reasonably necessary and appropriate repairs thereto of every kind and nature, including those necessary to ensure continuing compliance with all Legal Requirements (including, without limitation, all Gaming Regulations and Environmental Laws) (to the extent required hereunder), Insurance Requirements, the Ground Leases and Property Documents whether now or hereafter in effect (other than any Ground Leases or Property Documents (or modifications to Ground Leases or Property Documents) entered into after the Commencement Date that impose obligations on Tenant (other than de minimis obligations) to the extent (x) entered into by Landlord without Tenant’s consent pursuant to Section 7.2(c) or (y) Tenant is not required to comply therewith pursuant to Section 7.3(b), Section 7.3(g) or Section 7.3(h)) and, with respect to any Fee Mortgages, the applicable provisions of such Fee Mortgage Documents as and to the extent Tenant is required to comply therewith pursuant to Article XXXI hereof, in each case except to the extent otherwise provided in Article XIV or Article XV of this Lease, whether interior or exterior, structural or non-structural, ordinary or extraordinary, foreseen or unforeseen or arising by reason of a condition existing prior to or first arising after the Commencement Date.

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