Foundation Obligations Sample Clauses

Foundation Obligations. In return for the license granted under this CLA, the Foundation will use your Contributions only in ways that are consistent with the open source nature of the Work. Except for the license granted under this CLA, you reserve all rights in your Contributions.
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Foundation Obligations. FOUNDATION agrees to provide the following services to the DISTRICT:
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Foundation Obligations. (a) The Foundation shall provide the County with a report by May 31st of each year which identifies the financial and general activities of the Facility for the previous year.
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Foundation Obligations. Under the proposed Cooperative Agreement, the Foundation will:
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Foundation Obligations. Xxxxxxx hereby agrees to indemnify the ---------------------- Company and its subsidiaries and affiliates against 50% of all costs, damages and expenses incurred by the Company or Vail Associates, Inc. after the date hereof in connection with the obligations of Vail Associates pursuant to the Medical Service Agreement dated March 31, 1989 with J. Xxxxxxx Xxxxxxxx, M.D. (the "Xxxxxxxx Agreement") up to a maximum of $600,000. The Company shall be entitled to withhold $600,000 from the final payments to Xxxxxxx pursuant to Section 1 pending final resolution of the amount (if any) of such liability; provided, however, that in the event that the Company's contemplated initial public offering of Common Stock has occurred, Xxxxxxx may in lieu of such withholding pledge shares of Common Stock with a market value of not less than $1,000,000 to secure his obligation pursuant to this Section 6. In the event that the market value of such pledged shares shall at any time be less than $750,000. Xxxxxxx shall promptly pledge additional shares of Comon Stock to resore the value of the pledged shares to equal at least $750,000 or shall make other arrangements to secure such obligation satisfactory to the Company. The Company shall be entitled to control the defense and resolution of any matters arising under the Xxxxxxxx Agreement.
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Foundation Obligations. Once Foundation has provided the money identified in Subparagraph 8.(e), above, Foundation's obligations pursuant to this MOU shall be deemed completed and Foundation will have no rights and other obligations pursuant to this MOU.
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Foundation Obligations 
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Related to Foundation Obligations

  • Indemnification Obligations Subject to the limitations set forth in this Agreement, each Fund severally and not jointly agrees to indemnify and hold harmless the Custodian and its nominees from all loss, damage and expense (including reasonable attorneys' fees) suffered or incurred by the Custodian or its nominee caused by or arising from actions taken by the Custodian on behalf of such Fund in the performance of its duties and obligations under this Agreement; provided however, that such indemnity shall not apply to loss, damage and expense occasioned by or resulting from the negligence, misfeasance or misconduct of the Custodian or its nominee. In addition, each Fund agrees severally and not jointly to indemnify any Person against any liability incurred by reason of taxes assessed to such Person, or other loss, damage or expenses incurred by such Person, resulting from the fact that securities and other property of such Fund's Portfolios are registered in the name of such Person; provided however, that in no event shall such indemnification be applicable to income, franchise or similar taxes which may be imposed or assessed against any Person.

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