Duties and Responsibilities of the Parties Sample Clauses

Duties and Responsibilities of the Parties. 6.1 Each of the Parties shall be liable vis-à-vis the other should it breach any of the obligations and services assumed by virtue of the Contract or this Conditions Agreement, in accordance with that set forth therein, in their Appendices or in any applicable legal provisions. 6.2 Notwithstanding the foregoing and in accordance with Article 12, the Parties shall in no way be held liable when the breach is due to cases of force majeure. 6.3 In keeping with any applicable legislation, the Carrier will perform the contracted services subject to the agreed amounts and conditions and whilst following the guidelines of the Technical Management of the Gas System, thereby allowing the Contractor to receive the gas in accordance with the conditions concerning regularity and quality set forth in this Conditions Agreement, the Contract and in its Appendices and Addenda. 6.4 The Carrier shall be liable vis-à-vis the Contractor for any damage or loss to/of the gas it receives from the entry point to the exit point of its facilities. The Contractor will not be liable for any damage or loss to/of the gas once it has been introduced into the transportation and distribution system, except for when such damage or loss is attributable to the Contractor. 6.5 As regards their respective activities, each of the Parties will be responsible as against the other and against third parties for obtaining as many licenses, permissions and authorisations as prove necessary in order to perform its activities for the purposes of the Contract and for keeping the foregoing up-to-date. 6.6 Each of the Parties shall take out the corresponding insurance policies and keep them up-to-date in order to cover any potential damage or loss suffered by individuals or assets arising from the performance of their respective activities. 6.7 Owners of facilities must send copies of the signed access agreements to the Directorate General of Energy Policy and Mines of the Ministry for Industry, Energy and Tourism, or to any body that may replace it in the future, and likewise to the Spanish Energy Commission.
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Duties and Responsibilities of the Parties. 4.1 Concurrent with the execution of this Agreement, the Parties shall enter into the Operating Agreement. Except as otherwise provided for herein, Beta shall be designated as “Operator” of the Prospect Area and shall conduct or cause to be conducted all operations within the Prospect Area. To the extent of any conflict between the terms of this Agreement and the Operating Agreement, the terms of this Agreement shall be controlling, except as otherwise provided in this Agreement. All operations in the Prospect Area shall otherwise be subject to, and conducted in accordance with, the terms and conditions of the Operating Agreement. 4.2 Should Beta or Xxxxxxx desire to surrender in whole or in part, any Leasehold Interests within the Prospect Area (including any Leases, extensions, farm ins or lease renewals) the other Party shall be notified of their intent 90 days prior to expiration of each Lease and / or 30 days prior to any rental obligation. The Party receiving such notice shall in turn give the other Party written notice, no later than 10 days before the Lease expiration or rental date, of the interest it desires to preserve, and shall be entitled to an assignment of such interest. Beta and Xxxxxxx shall make a good faith effort to comply with the provisions of this Paragraph 4.2 but in the event of failure to do so, through oversight or otherwise, Beta and/or Xxxxxxx shall not be liable for any default or loss of Lease. 4.3 This letter shall be binding through the term of any Lease renewals, extensions, farm-ins, farm-outs or acquisitions that Beta or Xxxxxxx may be a part of, involving the Leases within the Prospect Area, so long as actions to extend the term of the Leases are made during the term of this Agreement.
Duties and Responsibilities of the Parties. Parties’ Collective Duties and Responsibilities.
Duties and Responsibilities of the Parties. A. Delivery of Accounts and Records. The Fund will turn over or cause to be turned over to State Street all accounts and records needed by State Street to perform its duties and responsibilities hereunder fully and properly. State Street may rely conclusively on the completeness and correctness of such accounts and records.
Duties and Responsibilities of the Parties. 2.1 The Investor Government may deposit money in the account, withdraw money from the account in a time and manner prescribed by PERA, or terminate the account, pursuant to the provisions of the statute and SBI policies and procedures. 2.2 The Investor Government may provide investment direction to PERA, subject to SBI policies and procedures. 2.3 The Investor Government understands that PERA and SBI shall have no obligation to monitor the Investor Government’s ongoing compliance with the statute. The Investor Government further agrees that PERA and SBI may conclusively presume, without further inquiry, the Investor Government’s ongoing compliance with the terms of the statute without any liability on the part of PERA or the SBI, and that the Investor Government shall be solely responsible for ensuring that the type, source, amount, and purpose of funds invested comply with the statute and SBI policies and procedures. 2.4 The Investor Government is solely responsible for its failure to meet the requirements of the statute. 2.5 PERA shall act as the account administrator and shall administer the government’s long term equity investment account as a separate account in accordance with the terms of the statute. 2.6 During the term of this Agreement, PERA as account administrator and SBI in offering investment options, may rely on the representations by the Investor Government and have no duty to further verify qualifications, use, or intended use of the funds that are invested or withdrawn. 2.7 PERA shall certify all amounts in the accounts for which it is account administrator to the SBI pursuant to the terms of the statute subject to the policies and procedures of the SBI. 2.8 PERA shall provide instructions on its website on how to deposit assets to and withdraw assets from the investment account. 2.9 PERA shall keep a separate accounting of assets received, monthly investment returns, withdrawals, and investment fees and shall provide a report on the invested funds and on all investment fees or costs incurred by the account to the Investor Government owning the account.
Duties and Responsibilities of the Parties. 2.1 The [City of AnyTown] may deposit money in the account and withdraw money from the account as needed for postemployment benefits owed on behalf of former employees or officers of the [City]. Determinations regarding the appropriate amounts to be deposited and withdrawn shall be the sole responsibility of the city, provided that the city may not deposit an amount in excess of the city’s actuarially determined liabilities for postemployment benefits. The [City] will notify PERA and the State Board of Investment in which accounts assets will be invested each time they make a deposit. They will notify PERA at least 5 working days before they would like to make a deposit, withdrawal or transfer of assets between fund types. The [City] will be responsible for any OPEB reporting requirements, and is responsible for determining if the trust is revocable or irrevocable. 2.2 PERA shall administer the city’s trust account as a separate account in accordance with the terms set forth in chapter 471.6175, subd. 4(a) and certify all amounts in the trust account to the state board of investment pursuant to the terms of chapter 471.6175, subd. 5(b). 2.3 PERA will provide instructions on how to submit and withdraw assets to and from the investment trust account. PERA will keep a separate accounting of assets received, monthly investment returns, withdrawals, and administrative fees. PERA will reconcile with State Board of Investment reports on a monthly basis. A report showing trust activity and monthly balances will be provided on demand. PERA will not account for these as an OPEB Plan in PERA’s stand-alone CAFR
Duties and Responsibilities of the Parties. 6.1. The service provider shall ensure that the municipality maximises electricity revenue collection with a clear breakdown of profit sharing strategy as more fully described in the proposed pricing model. 6.2. The service provider must self-fund, design, supply installation and commissioning of the smarty metering system for the municipality to enhance revenue solution in electricity. 6.3. It is required that, the solution must be compatible to be installed and should work on the following platforms: 6.3.1. Electricity revenue enhancement implementation plan 6.3.2. Efficient billing and tariff setting 6.3.3. Project roll out plan 6.3.4. Temper/distribution loss system management capabilities 6.3.5. Funding made/options of the project 6.4. The service provider shall ensure that the system has a single management console which is required to perform on the following: 6.4.1. Enable the municipality to monitor the grid with a system that is compatible with the needs, adjust the system and infrastructure maintained. 6.4.2. Develop a system that will be able to detect and promptly detect tempering and electricity theft. 6.4.3. Develop a system which will be controlled or operated within the municipality which will respond to desktop connections, reconnections and consumption by the consumers. 6.4.4. Develop a system that will enable the municipality to limit economic supply and consumption by ESKOM. 6.5. The service provider shall ensure that, the required services are delivered within a period of seven days from the date of commencement of this agreement. 6.6. The Service provider agrees that it is in compliance with the required specifications in the tender as described in 5.2 hereinabove and as such the conditions thereof are binding.
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Duties and Responsibilities of the Parties. 3.1 Name: Devon-Aire Arena. Tenant shall be restricted to including the use of the name of “Devon-Aire Arena” in describing the premises to be occupied under this Lease Agreement.
Duties and Responsibilities of the Parties. A. MRCA shall: 1. Acquire any necessary permits in order to complete the Project. 2. Provide on-going re-striping of faded areas within Xxxxxx City for a period of 20 years. This work excludes graffiti removal, sweeping, patch work on cracks and pot holes, or any other maintenance-type function on the bike path which is currently and shall remain the responsibility of the City. 3. Maintain all records, including accounting records, related to the Project for a period of five years after expiration or prior termination of this Agreement. B. City shall: 1. Work in partnership with MRCA and expedite any City agreements, permits and approvals, including, but not limited to those related to design and implementation without impacting any requirements of MRCA contained elsewhere in this Agreement or impacting the need for MRCA to meet any standard permit requirements. 2. Provide on-going maintenance of the directional, wayfinding and 3 interpretive signs, including graffiti removal, installed as a part of the City’s “Ballona Creek Bikeway and Landscape Project, P-900” as specified on the attached drawings as more particularly described in Attachment B. 3. Provide MRCA with approval or disapproval of any requested changes in work within five days of receipt of a written request from MRCA.
Duties and Responsibilities of the Parties. 2.1 The Developer shall be solely responsible for performing all aspects and paying all costs of, and associated with, the Project, including but not limited to, design, right-of-way acquisition, utility relocation, engineering, and construction. The Developer shall be responsible for any costs attributable to the errors or omissions of its consultants or subconsultants. 2.2 The development of the Plans and Specifications for the Project and all work on the Project shall be performed in accordance with DOTD requirements and specifications, including but not limited to, the current edition of “Louisiana Standard Specifications for Roads and Bridges”, as amended, and shall provide construction administration and inspection services during construction in accordance with normal DOTD procedures. 2.3 All Plans and Specifications for the Project shall be subject to the DOTD’s written approval. Any and all subsequent changes or modifications to the original Plans and Specifications, if any, must be approved by DOTD in writing prior to being incorporated into the Plans and Specifications. 2.4 Prior to beginning construction on the Project, the Developer shall: 2.4.1 Provide documentation acceptable to the DOTD to evidence that all portions of the Project constructed on a state route comply with DOTD policies and procedures and meet or exceed DOTD guidelines, requirements, and specifications. 2.4.2 Provide documentation acceptable to the DOTD to evidence that all environmental aspects associated with the Project comply with all applicable state and federal laws, rules, and regulations. 2.4.3 Furnish to the DOTD a valid resolution adopted by the Developer acting as the governing authority for the Developer approving the donation of the completed Project improvements and right-of-way to the DOTD, as an addition to the State’s highway system. A valid resolution authorizing the Developer’s execution of this Agreement shall be deemed sufficient to comply with this requirement. 2.4.4 Execute a Certification for Modifications of State Highways. 2.4.5 Send a request for authorization to begin work to the District Construction Coordinator and receive said authorization from DOTD in writing. FOR INFORMATIONAL PURPOSES ONLY 2.5 Upon completion of the Project, the Developer shall provide within 60 days of the date of the final acceptance letter, a copy of the final estimate package, including the as-built plans, audit of testing & material, and field records, to the District C...
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