Common use of General Undertakings of the Recipient Clause in Contracts

General Undertakings of the Recipient. The Recipient must: (a) at all times duly perform and observe its Obligations and will promptly inform the Department of any occurrence that might adversely affect its ability to do so in a material way; (b) undertake its Obligations with integrity, good faith and probity in accordance with good corporate governance practices; (c) not, nor attempt to, sell, transfer, assign, mortgage, charge or otherwise dispose of or deal with any of its rights, entitlements and powers or Obligations under this Agreement; (d) comply with all State and Commonwealth laws, relevant policies and guidelines, and industry/accounting standards; and (e) cooperate fully with the Department in the administration of this Agreement.

General Undertakings of the Recipient. The Recipient must: (a) a. at all times duly perform and observe its Obligations and will promptly inform the Department of any occurrence that might adversely affect its ability to do so in a material way; (b) b. undertake its Obligations with integrity, good faith and probity in accordance with good corporate governance practices; (c) c. not, nor attempt to, sell, transfer, assign, mortgage, charge or otherwise dispose of or deal with any of its rights, entitlements and powers or Obligations under this Agreement; (d) d. comply with all State and Commonwealth laws, relevant policies and guidelines, and industry/accounting standards; and (e) e. cooperate fully with the Department in the administration of this Agreement.