Execution of Obligations Sample Clauses

Execution of Obligations. The Obligations shall from time to time be executed on behalf of the Shipowner by a Responsible Officer thereof (whose signature may be a facsimile), and its corporate seal (which may be a facsimile) shall be affixed thereto or imprinted thereon and attested by its secretary, an assistant secretary or an assistant trust officer (whose signature may be a facsimile). If any officer of the Shipowner whose signature (facsimile or otherwise) appears on any Obligation shall cease to be such officer before such Obligation shall have been authenticated by the Indenture Trustee or delivered, such Obligation nevertheless may be authenticated, issued and delivered with the same force and effect as though the person or persons whose signature or signatures (facsimile or otherwise) appear on such Obligation had not ceased to be such officer or officers of the Shipowner.
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Execution of Obligations. The Obligations shall be executed in the name of and on behalf of the President or Vice President of the Board of Directors of the Corporation and the same shall be attested by such officer as may be designated by the Board of Directors of the Corporation. Such officers may employ facsimiles of their signatures. In case any officer whose signature or facsimile signature shall appear on the Obligations shall cease to be such officer before the delivery of any Obligation or Note such signatures or such facsimiles shall nevertheless be valid and sufficient for all purposes, the same as if such officer had remained in office.
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Execution of Obligations. Except as otherwise expressly provided herein, each of FOREST and ALMIRALL may appoint an Affiliate or Affiliates to execute or perform on its behalf obligations arising from this Agreement, provided that FOREST or ALMIRALL (as the case may be) shall remain jointly and severally liable with such Affiliate or Affiliates for the execution or performance of such obligation(s).
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Execution of Obligations. The Beneficiary and the other companies of the Group of the Beneficiary have: (a) correctly fulfilled all the applicable legal obligations, of which failure to fulfil could significantly compromise the value of the Guarantees or the Beneficiary’s ability to ensure prompt and regular repayment of the Loan; (b) kept substantially correct accounting; (c) performed all applicable administrative obligations (including attainment of any license, authorisation, permit or concession to exercise its typical business) of which failure to fulfil could significantly compromise the value of the Guarantees or the Beneficiary’s ability to ensure prompt and regular repayment of the Loan; (d) fulfilled all the duties and obligations of any kind, concerning also taxes and welfare, of which failure to fulfil could significantly compromise the value of the Guarantees or the Beneficiary’s ability to ensure prompt and regular repayment of the Loan; (e) fulfilled all welfare and labour law duties and obligations, of which failure to fulfil could significantly compromise the value of the Guarantees or the Beneficiary’s ability to ensure prompt and regular repayment of the Loan; (f) fulfilled the agreements and obligations to which they are or will be party or that bind them or any of their assets, if failure to fulfil could significantly compromise or hinder normal performance of the Beneficiary’s business as carried out at the Stipulation Date or significantly compromise the value of the Guarantees or the Beneficiary’s ability to ensure prompt and regular repayment of the Loan;
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Execution of Obligations it shall promptly and fully perform and comply with all of its obligations under the Agreement and under the Transaction Documents;
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Execution of Obligations. The Obligations shall from time to time be executed on behalf of the Shipowner by a Responsible Officer thereof (whose signature may be a
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Execution of Obligations. The Chair or the Executive Director of the Authority is hereby authorized and directed to execute each of the Obligations on behalf of the Authority and the Secretary or Assistant Secretary of the Authority is hereby authorized and directed to countersign each of the Obligations on behalf of the Authority. In case any officer whose signature appears on the Obligations shall cease to be such officer before the delivery of the Obligations to the purchaser thereof, such signature shall nevertheless be valid and sufficient for all purposes as if such officer had remained in office until such delivery of the Obligations. Only those Obligations bearing thereon a certificate of authentication in the form set forth as Exhibit A hereto, executed manually and dated by the Trustee, shall be entitled to any benefit, protection or security hereunder or be valid or obligatory for any purpose, and such certificate of the Trustee shall be conclusive evidence that the 2012 Loan Obligations so authenticated have been duly authorized, executed, executed and delivered and delivered hereunder and are entitled to the benefit, protection and security hereof.
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Execution of Obligations. The Obligations shall from time to time be executed on behalf of the Shipowner by a Responsible Officer thereof (whose signature may be a facsimile), and its corporate seal (which may be a facsimile), if any, shall be imprinted thereon and attested by its secretary, assistant secretary or assistant trust officer (whose signature may be a facsimile). If a Shipowner’s officer, whose signature appears on any Obligation, shall cease to be such an officer before such Obligation shall have been authenticated by the Indenture Trustee, the Obligation nevertheless may be delivered with the same force and effect as though the person had not ceased to be a Shipowner’s officer.
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Related to Execution of Obligations

  • Reaffirmation of Obligations Each Loan Party (a) acknowledges and consents to all of the terms and conditions of this Amendment, (b) affirms all of its obligations under the Loan Documents and (c) agrees that this Amendment and all documents executed in connection herewith do not operate to reduce or discharge such Loan Party’s obligations under the Loan Documents.

  • Duration of Obligations The Manager’s obligation to provide Disentanglement Services will continue during the period commencing on the date that a Termination Notice is delivered and ending on the date on which the Successor Manager or the re-engaged Manager assumes all of the obligations of the Manager hereunder (the “Disentanglement Period”).

  • Termination of Obligations Termination of this Agreement pursuant to Section 10.1 hereof shall terminate all obligations of the parties hereunder, except for the obligations under Article IX, Article X, and Sections 11.4, 11.7, 11.14, 11.15 and 11.16 hereof; provided, however, that termination pursuant to paragraphs (b) or (c) of Section 10.1 shall not relieve the defaulting or breaching party or parties from any liability to the other parties hereto.

  • Payment of Obligations Pay, discharge or otherwise satisfy at or before maturity or before they become delinquent, as the case may be, all its material obligations of whatever nature, except where the amount or validity thereof is currently being contested in good faith by appropriate proceedings and reserves in conformity with GAAP with respect thereto have been provided on the books of the Borrower or its Subsidiaries, as the case may be.

  • Delegation of Obligations The Asset Representations Reviewer may not delegate or subcontract its obligations under this Agreement to any Person without the consent of the Issuer and the Servicer.

  • Survival of Obligations Without prejudice to Sections 2(a)(iii) and 6(c)(ii), the obligations of the parties under this Agreement will survive the termination of any Transaction.

  • Extent of Obligations The Parties shall ensure that all necessary measures are taken in order to give effect to the provisions of this Agreement in their respective territories, including ensuring that their respective regional and local governments and authorities, and non- governmental bodies in the exercise of governmental powers delegated to them by central, regional and local governments or authorities observe all obligations and commitments under this Agreement.

  • Assumption of Obligations Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

  • Mitigation of Obligations If any Lender requests compensation under Section 2.18, or if the Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.20, then such Lender shall use reasonable efforts to designate a different lending office for funding or booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the sole judgment of such Lender, such designation or assignment (i) would eliminate or reduce amounts payable under Section 2.18 or Section 2.20, as the case may be, in the future and (ii) would not subject such Lender to any unreimbursed cost or expense and would not otherwise be disadvantageous to such Lender. The Borrower hereby agrees to pay all costs and expenses incurred by any Lender in connection with such designation or assignment.

  • SURVIVAL OF OBLIGATION Termination of this ESA for any reason shall not relieve the Town or the Competitive Supplier of any obligation accrued or accruing prior to such termination.

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