Further obligation Sample Clauses

Further obligation. Both Parties* and the Indemnifier* must not do any act or make any omission that would be grounds for an insurer to refuse to pay a claim under any of the policies of insurance.
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Further obligation. Each Party must not do any act or make any omission that would be grounds for an insurer to refuse to pay a claim under any of the policies of insurance.
Further obligation. The User must not do any act or make any omission that would be grounds for an insurer to refuse to pay a claim under any of the policies of insurance.
Further obligation. The obligations of the Company, the Controlling Shareholder and the Selling Shareholders under this Section 6 shall be in addition to any liability which the Company, the Controlling Shareholder and the Selling Shareholders may otherwise have and shall extend, upon the same terms and conditions, to each person, if any, who controls any Underwriter within the meaning of the Act; and the obligations of the Underwriters under this Section 6 shall be in addition to any liability that the respective Underwriters may otherwise have and shall extend, upon the same terms and conditions, to each director of the Company (including any person who, with his consent, is named in the Registration Statement as about to become a director of the Company), to each officer of the Company who has signed the Registration Statement and to each person, if any, who controls the Company, the Controlling Shareholder or any Selling Shareholder within the meaning of the Act.
Further obligation. Both Parties* and the Indemnifier* must not do any act or make any omission that would be grounds for an insurer to refuse to pay a claim under any of the policies of insurance. 21.22. Force Majeure* 21.122.1 Affected Person*’s obligations are suspended If a Party* (“Affected Person*”) is unable wholly or in part to perform any obligation (“Affected Obligation*”) under this Contract* (other than an obligation to pay money) because of the occurrence of a Force Majeure Event*, then, subject to this clause 22.122.122.121.1, the Affected Person*’s obligation to perform the Affected Obligation* is suspended to the extent that, and for so long as, the Affected Person*’s ability to perform the Affected Obligation* is affected by the Force Majeure Event* (such period being the “FM Period*”).
Further obligation. Proper and appropriate steps shall be taken and maintained by the receiving party, at all times and no less rigorous than those taken to protect its own confidential and proprietary information, to protect the Confidential Information received. Each party agrees that it will disclose the other party’s Confidential Information only to such of its employees and advisers who have a need to know said information in order to carry out their respective responsibilities and only then to employees and advisers who have been advised of the confidential nature of the information and have agreed to accept the same obligation of secrecy. In the event of any threatened breach known to a party of the provisions of this Agreement by it or its employees or advisers, or in the event of any loss of, or inability to account for, Confidential Information, it will immediately notify the other party thereof and shall cooperate as reasonably requested by the other party to prevent or curtail such a threatened breach or to recover Confidential Information. At the termination of the Agreement or at any time upon demand, each party shall return or destroy all of the documents transferred to it in confidence and retain no copy or reproduction (whether held in electronic form or otherwise) thereof.
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Further obligation. This Agreement is neither intended to, nor shall it be construed as creating a joint venture, partnership or other form of business association between the parties. Accordingly, this Agreement shall not create any obligation one to the other between the parties apart from that obligation each has to the other regarding non-disclosure regardless of the status, success or failure of any associated negotiation between the parties.

Related to Further obligation

  • Other Obligations Borrower is not in default on any obligation for borrowed money, any purchase money obligation or any other material lease, commitment, contract, instrument or obligation.

  • Obligations During the Employment Term, Executive will perform his duties faithfully and to the best of his ability and will devote his full business efforts and time to the Company. For the duration of the Employment Term, Executive agrees not to actively engage in any other employment, occupation or consulting activity for any direct or indirect remuneration without the prior approval of the Board.

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