Exchange Obligations Clause Samples

Exchange Obligations. The guarantor shall be bound to fulfill all obligations and follow all applicable and pertinent procedures in accordance with the international exchange regulations set forth in the Colombian regulations and/or the issuing jurisdiction and/or any other jurisdiction that establishes any requirement on exchange matters.

Exchange Obligations. The insurer shall be bound to fulfill all obligations and follow all applicable and pertinent procedures in accordance with the international exchange regulations set forth in the Colombian regulations and/or the issuing jurisdiction and/or any other jurisdiction that establishes any requirement on exchange matters.

Exchange Obligations. 9.1. The Exchange checks the identity information of the Authorized Officer of User to determine whether they are the officers previously named and designated to the Exchange or not. 9.2. The Exchange takes all of the actions and measures for protection of the Commodity delivered by the User against theft, loss and destruction risks, and exercises due care and diligence in order to provide its custody services at the highest standards. 9.3. The Exchange checks and records the refinery stamp, serial numbers and quantity of the Precious Metals and the identity and address information of the User delivering the Precious Metals, in order to keep in the name and account of the User the Precious Metals delivered in the name of the User. 9.4. The Exchange provides the User with a right of access by using a password to the Vault Application for monitoring and follow-up of its Precious Metals and/or Precious Stones kept in its custody account. 9.5. It is the responsibility of the Exchange to take out insurance for the Commodity covered by its custody services. To this end, the Exchange will endeavour to buy the most comprehensive insurance for the Commodities. 9.6. The Exchange keeps full and accurate records relating to the Commodities in the Bonded Warehouse, and keeps its records for a period of five years. In case of a discrepancy, the Exchange’s 9.7. Bonded Warehouse entrance, exit and safekeeping practices are carried out according to the Exchange’s rules under the Customs Bonded Warehouse Regime. 9.8. All actions and transactions after entrance to the Site of Vault are carried out according to the Exchange Vault Instructions. 9.9. After acceptance of the Commodity to the Bonded Warehouse, a memorandum issued for such acceptance is delivered to the User.

Exchange Obligations. The Buyer shall fulfill both on the Date of Signature and First Closing, as well as on the Second Closing Date, its obligations under the exchange regulations at the time of the Transaction.

Exchange Obligations. On the terms and subject to the conditions set forth in this Agreement, immediately prior to the consummation of the initial public offering of Hops Common Stock is consummated or such other date as may be determined by the Board of Directors of Hops (the "Closing Date"), the Predecessor Shareholders shall exchange the Predecessor Shares, for shares of Hops Common Stock, and Hops shall issue shares of Hops Common Stock in the manner described in Section 2 in exchange for the Predecessor Shares. On the Closing Date, the Predecessor Shareholders shall deliver to Hops for exchange and transfer to Hops all certificates representing the Predecessor Shares duly endorsed in blank or accompanied by stock powers executed in blank.