Initial Obligations. Each Member shall enter into a Charterparty with any third party as suggested by the Manager in respect of its Initial Member Vessel(s) on the date of this Agreement pursuant to the provisions of this Agreement and in particular the provisions of clause 4.2(a).
Initial Obligations. Each Party (other than BPA) will, commencing if and at such time as the conditions precedent set forth in section 1.2 above are satisfied, perform the following obligations (the “Initial Obligations”):
Initial Obligations. In addition to the terms and conditions otherwise contained herein, the obligation of the Bank to extend any Loans or make or incur any Obligation is conditioned on the Bank (i) receiving, prior to or on the date of the Bank's first extension of credit, each of the following items in form, detail and content satisfactory to the Bank or (ii) the Company having taken the actions specified herein:
Initial Obligations. Before We are obligated to perform any Services, You must complete the following:
Initial Obligations. In addition to the terms and conditions otherwise contained herein, the obligation of the Lender to make any Loan or incur any Obligation is conditioned on the Lender receiving, prior to or on the date of the Lender’s first extension of credit, each of the following items in form, detail and content reasonably satisfactory to the Lender and its counsel:
Initial Obligations. 12 7.2 Requirements................................................................13 7.3 Orders......................................................................13 7.4 Delivery....................................................................13 7.5
Initial Obligations. (a) On the Acceptance Date with respect to the Initial System, BMS automatically shall be deemed to have ordered from IRORI an aggregate of *** NanoKans, at a price of *** each, and IRORI shall be entitled to submit to BMS an invoice therefor, in accordance with Section 7.9(a).
Initial Obligations. (a) On the Acceptance Date with respect to the Initial System, RPR automatically shall be deemed to have ordered from IRORI an aggregate of *** NanoKans, at a price of *** each, and IRORI shall be entitled to submit to RPR an invoice therefor, in accordance with Section 7.8(a).
Initial Obligations. (a) PPI hereby assigns to HNZ a one-half interest (50%) in the Permits. PPI agrees to execute any and all documents required by the ASLD to cause the ASLD records to reflect the assignment to HNZ of a one-half interest in the Permits. The Participants shall share equally the application fees to assign the Permits to PPI and HNZ as joint permittees. If the ASLD denies such application for assignment of the Permits for any reason, the Participants will take any reasonable actions necessary to effect the intent of this Agreement, including if appropriate submission of new permit applications for the Permit Property to replace the Permits and any legal action to challenge any such denial. If replacement permits are secured by a Participant or the Participants within the five-year terms of the current Permits pursuant to this Subsection 5.1(a) , then such new permits shall be deemed to be Permits under this Agreement. The cost of securing any replacement permits pursuant to this Subsection 5.1(a) shall be shared equally by the Participants.
Initial Obligations. In addition to the terms and conditions otherwise contained herein, the obligation of the Lenders to make or incur any Obligation is conditioned on the Agent receiving, prior to or on the date of any Lender's first extension of credit, each of the following items in form, detail and content satisfactory to the Agent and its counsel:
