Limited Obligations of DM-OK Sample Clauses

Limited Obligations of DM-OK. The obligations of DM-OK to pay CSC the Base Per Diem Rate or any other management fees described in Section 6.1, the amounts due for reimbursement of Unamortized Costs Payments described in Section 6.2 [excluding the lump sum payments described in subparagraphs (a), (b) and (c) of Section 6.2] and the amounts due for Reimbursable Expenses described in Section 6.3, are the special limited obligations of DM-OK payable solely from monies DM-OK has received from the Jurisdiction as payment related to the housing and care of its inmates at the Facility. If, for any reason, a Jurisdiction fails to make a payment to or on account of DM-OK, for any reason, whether by reason of a default, failure to obtain appropriations by the applicable legislative branch of the Jurisdiction's state government, reallocation by the executive branch for payment of other obligations of such state or otherwise, DM-OK shall to the extent of such nonpayment, have no corresponding obligation to CSC, until or unless such payment is made to or on account of DM-OK by such Jurisdiction. The amounts due by DM-OK to CSC for lump sum payments for Unamortized Costs Payments described in subparagraphs (a), (b) and (c) of Section 6.2 are the general obligations of DM-OK.
Sample 1
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Related to Limited Obligations of DM-OK

  • Conditions to the Obligations of the Parties The obligations of the Parties to consummate the transactions contemplated by this Agreement are subject to the satisfaction or, if permitted by applicable Law, waiver by the Party for whose benefit such condition exists of the following conditions:

  • Conditions of the Obligations of the Placement Agent The obligations of the Placement Agent hereunder shall be subject to the accuracy of the representations and warranties on the part of the Company set forth in Section 2 hereof, in each case as of the date hereof and as of each Closing Date as though then made, to the timely performance by each of the Company of its covenants and other obligations hereunder on and as of such dates, and to each of the following additional conditions:

  • Obligations of Party B 3.1 Party B agrees not to conduct the following business which may materially affect its assets, rights, obligations and operation (except for the sales or purchase of assets, and contracts and agreements entered into during the ordinary course of business of Party B, and the lien imposed by the contracting parties pursuant to the above contracts), without the prior written consent of Party A, including but not limited to:

  • Conditions to the Obligations of the Purchaser The obligations of the Purchaser under this Agreement shall be subject to the satisfaction of each of the following conditions unless waived in writing by the Purchaser:

  • Conditions to the Obligations of the Seller The obligation of the Seller to consummate the transactions contemplated by this Agreement is subject to the satisfaction on or prior to the Closing Date of each of the following conditions, unless waived in writing by the Seller:

  • Conditions of the Obligations of the Purchasers The obligations of the several Purchasers to purchase and pay for the Purchased Notes will be subject to the accuracy of the representations and warranties on the part of the Company herein, to the accuracy of the statements of Company officers made pursuant to the provisions hereof, to the performance by the Company of its obligations hereunder and to the following additional conditions precedent:

  • CONDITIONS OF THE OBLIGATIONS OF THE COMPANY The obligations of the Company to sell and deliver the portion of the Shares required to be delivered as and when specified in this Agreement are subject to the conditions that at the Closing Date or the Option Closing Date, as the case may be, no stop order suspending the effectiveness of the Registration Statement shall have been issued and in effect or proceedings therefor initiated or threatened.

  • Conditions to the Obligations of Buyer The obligation of Buyer to consummate the transactions contemplated by this Agreement is subject to the satisfaction of the following conditions, any one or more of which may be waived in writing by Buyer:

  • Condition to the Obligations of the Parties The obligations of all of the parties to consummate the Closing are subject to the satisfaction of all the following conditions:

  • Conditions to the Obligations of the Company The obligations of the Company to consummate the Merger are subject to the satisfaction or waiver (where permissible) of the following additional conditions:

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