DUTIES AND OBLIGATIONS OF THE BUYER Sample Clauses

DUTIES AND OBLIGATIONS OF THE BUYER. In the event of the sale not being completed, either due to the failure of the Seller in establishing its title or due to the failure of the Seller to comply with their obligations above, the Buyers shall have the right to:
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DUTIES AND OBLIGATIONS OF THE BUYER. Buyer acknowledges that the Acquired Vehicle and related documents have been duly inspected and approved by him/her and have been found to his/her entire satisfaction. Buyer acknowledges that from the instant the Acquired Vehicle is delivered by Seller to Buyer, Buyer is solely responsible and liable for any accidents, offences or disputes regarding the Acquired Vehicle, including, but not limited to, illegal use of the vehicle, traffic violation notices, accident-related litigation, payment of related taxes, maintenance of valid insurance and updating the vehicle records with relevant RTO. Buyer acknowledges that unless prohibited by applicable law, any insurance coverage, license, tags, plates or registration maintained by Seller on the Acquired Vehicle shall be cancelled upon delivery of the Acquired Vehicle to, and the acceptance of, by Buyer. Buyer agrees to submit a Notice of Transfer of Ownership for the Acquired Vehicle to the concerned RTA within [[No. Of days]] days from the Delivery Date. Buyer acknowledges his/her responsibility to update ownership details with the RTA. MANDATORY OBLIGATIONS OF THE PARTIES. not disclose any Confidential Information to any person except to its employees or authorized agents who have a "need to know" to enable the Party to fulfill its obligations hereunder, except with the other Party’s specific prior written authorization; REPRESENTATIONS AND WARRANTIES Each party hereby represents and warrants to that: Warranties. This vehicle is sold "AS IS", and Seller does not in any way, expressly or impliedly, give any warranties to Buyer. Seller expressly disclaims any implied warranties of merchantability or of fitness for a particular purpose. Odometer Declaration. Seller hereby states that the odometer in the Acquired Vehicle now reads [[No. Of Kms]] Km and to the best of Seller's knowledge, it reflects the actual mileage of the vehicle described herein.
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DUTIES AND OBLIGATIONS OF THE BUYER. The Buyer has, prior to the execution of this agreement satisfied himself about the Title of the Sellers of the said premises and/or building and he shall not be entitled to further investigate the Title of the said premises or of the Sellers and no requisition or objection shall be put or raised on any matter or Title relating thereto. The Buyer agree to acquire flat No. [[No.]] on the [[Floor No.]] floor of the said building as per the plans and specifications inspected, seen and approved by him. Save and except in respect of the particular flat hereby agreed to be acquired, the Buyer shall have no claim or right of any nature or kind over or in respect of all open spaces, parking places, lobbies, staircases, lifts, terraces, etc., which will remain the property of the Sellers until the whole property is transferred to the proposed Co-operative Housing Society or Limited Company as hereinafter mentioned but subject to the rights of the Sellers notwithstanding such transfer or otherwise as mentioned in Clauses [[Clause No.]] hereunder. As soon as the building is notified by the Sellers as complete, each of the Buyers of the Flat shall pay the respective arrears of price payable by each of them within [[No. of days]] days of such notice having been served individually and if any of the prospective Buyer fails to pay the arrears as aforesaid, the amount previously paid by the defaulting party shall stand forfeited by way of liquidated damages and the defaulting party shall lose all his rights in the flat agreed to be taken by him and these presents shall stand cancelled and determined and the Sellers shall be entitled to dispose of the said flat or flats in any manner, whatsoever. The Buyer from time to time and at all times hereby agrees to contribute and pay his/her proportionate share towards the costs, expenses and outgoings in respect of the matters specified in the Second Schedule hereto and also any other taxes or outgoings to be levied hereafter. The proportion shall be made by the Sellers or by the Co-operative Housing Society or Limited Company, as the case may be, and the same shall be conclusive, final and binding on the Buyer. So long as each flat of the said building shall not be separately assessed for Municipal taxes, the Buyer shall pay a proportionate share of the Municipal taxes, rates (both share-owner and occupier) and water-tax assessed on the whole building. Such apportionment shall be made by Sellers or by the Co- operative Housing S...
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DUTIES AND OBLIGATIONS OF THE BUYER. The buyer has the following obligations and responsibilities:
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Related to DUTIES AND OBLIGATIONS OF THE BUYER

  • Duties and Obligations The Administrative Agent shall not have any duties or obligations except those expressly set forth in the Loan Documents. Without limiting the generality of the foregoing, (a) the Administrative Agent shall not be subject to any fiduciary or other implied duties, regardless of whether a Default has occurred and is continuing, (b) the Administrative Agent shall not have any duty to take any discretionary action or exercise any discretionary powers, except discretionary rights and powers expressly contemplated by the Loan Documents that the Administrative Agent is required to exercise as directed in writing by the Required Lenders (or such other number or percentage of the Lenders as shall be necessary under the circumstances as provided in Section 9.02), and, (c) except as expressly set forth in the Loan Documents, the Administrative Agent shall not have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to any Loan Party or any Subsidiary that is communicated to or obtained by the bank serving as Administrative Agent or any of its Affiliates in any capacity. The Administrative Agent shall not be liable for any action taken or not taken by it with the consent or at the request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary under the circumstances as provided in Section 9.02) or in the absence of its own gross negligence or willful misconduct as determined by a final nonappealable judgment of a court of competent jurisdiction. The Administrative Agent shall be deemed not to have knowledge of any Default unless and until written notice thereof is given to the Administrative Agent by the Borrower or a Lender, and the Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any statement, warranty or representation made in or in connection with any Loan Document, (ii) the contents of any certificate, report or other document delivered hereunder or in connection with any Loan Document, (iii) the performance or observance of any of the covenants, agreements or other terms or conditions set forth in any Loan Document, (iv) the validity, enforceability, effectiveness or genuineness of any Loan Document or any other agreement, instrument or document, (v) the creation, perfection or priority of Liens on the Collateral or the existence of the Collateral, or (vi) the satisfaction of any condition set forth in Article IV or elsewhere in any Loan Document, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent.

  • RIGHTS AND OBLIGATIONS OF THE PARTIES 13.2.1 The client shall be under obligation:

  • RIGHTS AND OBLIGATIONS OF THE CUSTOMER 5.1. The Customer shall:

  • Survival of Rights, Duties and Obligations 17.6.1 Termination of this Agreement for any cause shall not release a Party from any liability which at the time of termination has already accrued to the other Party or Parties or which thereafter may accrue in respect of any act or omission prior to such termination.

  • RIGHTS AND OBLIGATIONS OF NWESD The NWESD Board of Directors and Superintendent agree to provide educational services pursuant to requirements of the Office of the Superintendent of Public Instruction (OSPI). All staff for the Program shall be employed by the NWESD and subject to the policies and rules and regulations of the NWESD, including regulations pertaining to RCW 28A.400.303, RCW 28A.400.322 and RCW 28A.400.330, and teacher certification as required by the State of Washington. In accordance with this Agreement, the NWESD shall:

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