Common use of EXERCISE OF POWERS OF CONTROL Clause in Contracts

EXERCISE OF POWERS OF CONTROL. Where any obligation in this Agreement is expressed to be undertaken or assumed by any party, that obligation is to be construed as requiring the party concerned to exercise all rights and powers of control over the affairs of any other person which it is able to exercise (whether directly or indirectly) in order to secure performance of that obligation by each such person as if that person were bound by that obligation.

Appears in 2 contracts

Samples: Software as a Service Subscription Agreement, Data Processing Agreement

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EXERCISE OF POWERS OF CONTROL. Where any obligation in this Agreement is expressed to be undertaken undertaking or assumed by any partyParty, that such obligation is to shall be construed as requiring the party concerned that Party to exercise all rights and powers of control over the affairs of any other person which it that Party is able to exercise (whether directly or indirectly) in order to secure performance of that obligation by each such person as if that person were bound by that obligation.

Appears in 2 contracts

Samples: Shareholders Agreement (Morrison Knudsen Corp//), Shareholders Agreement (Morrison Knudsen Corp//)

EXERCISE OF POWERS OF CONTROL. Where any obligation in this Agreement is expressed to be undertaken or assumed by any party, that obligation is to be construed as requiring the party concerned to exercise all rights and powers of control over the affairs of any other person which it that party is able to exercise (whether directly or indirectly) in order to secure performance of that obligation by each such person as if that person were bound by that the obligation.

Appears in 2 contracts

Samples: Shareholder Agreement (AerCap Holdings N.V.), Shareholders Agreement (Aether Systems Inc)

EXERCISE OF POWERS OF CONTROL. Where any obligation in pursuant to this Agreement agreement is expressed to be undertaken or assumed by any party, that such obligation is to shall be construed as requiring the party concerned to exercise all rights and powers of control over the affairs of any other person which it that party is able to exercise (whether directly or indirectly) in order to secure performance of that obligation by each such person as if that person were bound by that obligation.. SUCCESSORS AND PERMITTED ASSIGNS

Appears in 1 contract

Samples: Shareholders' Agreement (Beijing Med Pharm Corp)

EXERCISE OF POWERS OF CONTROL. Where any obligation in this Agreement is expressed to be undertaken or assumed by any party, that obligation is to be construed as requiring the party concerned to exercise all rights and powers of control over the affairs of any other person which it is able to exercise (whether directly or indirectly) in order to secure performance of that obligation by each such person as if that person were bound by that the obligation.

Appears in 1 contract

Samples: Shareholders' Agreement (China GrenTech CORP LTD)

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EXERCISE OF POWERS OF CONTROL. Where any obligation in this Agreement is expressed to be undertaken or assumed by any partyParty, that obligation is to be construed as requiring the party Party concerned to exercise all rights and powers of control over the affairs of any other person which it is able to exercise (whether directly or indirectly) in order to secure performance of that obligation by each such person as if that person were bound by that obligation.

Appears in 1 contract

Samples: Emi Programme Agreement

EXERCISE OF POWERS OF CONTROL. Where any obligation in this Agreement is expressed to be undertaken or assumed by any partya Party, that obligation is to be construed as requiring the party Party concerned to exercise all rights and powers of control over the affairs of any other person which it is able to exercise (whether directly or indirectly) in order to secure performance of that obligation by each such person as if that person were bound by that obligation.

Appears in 1 contract

Samples: Data Sharing Agreement

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