Core Obligations Clause Samples
The CORE OBLIGATIONS clause defines the fundamental duties and responsibilities that each party must fulfill under the agreement. It typically outlines the essential actions, deliverables, or standards of performance required, such as providing goods, services, or payments, and may specify timelines or quality expectations. By clearly stating these baseline requirements, the clause ensures both parties understand their primary commitments, reducing ambiguity and helping to prevent disputes over what is contractually required.
Core Obligations. The Contractor shall carry out the Project, and/or shall procure that the Project is carried out, so that:
Core Obligations. If Core elects to manufacture, market or sell the Authorized Generic Product, in accordance with this Agreement, Core shall have the following obligations: [*** Confidential treatment requested pursuant a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been separately filed with the Commission.]
(a) Core shall Manufacture Authorized Generic Product (i) in accordance with the NDA, the Specifications, this Agreement and the Quality Agreement and (ii) in material compliance with Law.
(b) Core shall use King’s Manufacturing Process; provided that, with King’s prior written consent, to be given in its sole discretion, and subject to any applicable Regulatory Approvals, Core may use Core’s Manufacturing Process to Manufacture Authorized Generic Product.
(c) Core shall be solely responsible for all costs and expenses incurred in connection with the Manufacture and Commercialization of Authorized Generic Product hereunder, including costs and expenses of personnel, quality control testing, Manufacturing facilities and equipment, and Materials.
(d) Core shall reimburse King for API supplied by King and related costs and expenses in accordance with Section 6.1(a).
(e) Core shall be solely responsible for all such costs and expenses for API provided by Core during the Term if there is an assignment to Core, pursuant to Section 6.1(b), or as permitted by Section 6.1(c), and shall not seek reimbursement from King for such amounts.
(f) Core shall use commercially reasonable efforts to Commercialize Authorized Generic Product as of the Authorized Generic Launch Date, such efforts to be no less than the efforts made by Core in connection with other generic products manufactured, marketed or sold by Core.
Core Obligations. The Contractor shall carry out, and/or shall procure that the Project is carried out so that the Contractor shall perform each Specified Service at the Service Level described in Column A of the Core Table in Schedule 1 (Authority's Requirements) by the Planned Service Commencement Date referred to in Column E of the Core Table in Schedule 1 (Authority's Requirements) for such Service Level.
Core Obligations. 1. At the beginning of Phase 1, the EC will establish an autonomous tariff rate quota for High Quality Beef of an annual quantity of 20,000 Metric Tonnes product weight, and for which the in-quota tariff rate is zero (0) percent.
2. The EC will open the autonomous tariff rate quota referred to in paragraph 1 by 3 August 2009.
3. With respect to the increased duties, the United States will not add to scope, change the origin of products subject to increased duties or increase the level of such duties as in force as of 23 March 2009.
4. Should the United States and the EC enter into Phase 2, as described in Article I.2, and negotiated under Article IV.2:
a. The EC will increase the quantity of the autonomous tariff rate quota referred to in paragraph 1 to 45,000 Metric Tonnes product weight and
b. The United States will suspend all increased duties imposed in connection with WTO dispute settlement proceedings in EC – Measures Concerning Meat and Meat Products (Hormones).
5. Should the United States and the EC enter into Phase 3, as described in Article I.3, and negotiated under Article IV.3:
a. The EC will maintain the quantity of the autonomous tariff rate quota referred to in paragraph 1, at the level specified in paragraph 4(a) and
b. The United States will cease the increased duties imposed in connection with WTO dispute settlement proceedings in EC – Measures Concerning Meat and Meat Products (Hormones).
Core Obligations. Except as otherwise provided herein, during the period beginning on the Effective Date and through the Term, in the event PSC fails to meet any of the Core Performance Standards for the specified measurement period described in Exhibit 5 [Core Performance Standards and Core Performance Credits], PSC shall issue a credit against the Core Fees equal to the applicable Core Performance Credits in accordance with Exhibit 5 [Core Performance Standards and Core Performance Credits]
Core Obligations. The Contract Carrier must perform the Cartage Work and do everything connected with it:
(a) with due care and skill and in a proper, co-operative and professional manner;
(b) safely, and in accordance with the Principal Contractor's safety requirements;
(c) in accordance with the day to day operational directions given by the Principal Contractor;
(d) in accordance with any lawful and reasonable direction, policy, procedure or specifications provided by the Principal Contractor;
(e) without jeopardising or damaging the Principal Contractor's business; and
(f) in compliance with all relevant laws.
Core Obligations