Mandatory Commitments Clause Samples
The Mandatory Commitments clause establishes specific obligations that a party is required to fulfill under the agreement, regardless of other circumstances. Typically, this clause outlines actions or standards that must be met, such as compliance with laws, delivery of goods, or maintenance of confidentiality, and may list deadlines or conditions that cannot be waived. Its core practical function is to ensure that certain essential duties are always performed, thereby reducing ambiguity and protecting the interests of the parties by making these commitments non-negotiable.
Mandatory Commitments. Fail to hold Take-Out Commitments and/or Hedging Arrangements in an aggregate amount necessary to provide for the aggregate Unit Collateral Value of all Mortgage Loans included in the Warehouse Borrowing Base.
Mandatory Commitments. Hold Take-Out Commitments and/or Hedge --------------------- Contracts in less than an aggregate amount necessary to provide for the sale and/or coverage of one hundred percent (100%) of all closed Mortgage Loans owned by the Company and held for sale.
Mandatory Commitments. Permit the Borrower's Minimum Prior Approval Percentage and Minimum Rate Lock Percentage in each case to be less than one hundred percent (100%).
Mandatory Commitments. Fail to hold Take-Out Commitments in an aggregate amount necessary to provide for the sale of all Mortgage Loans included in the Warehouse Borrowing Base and the Gestation Loans Borrowing Base other than Eligible Uncommitted Mortgage Loans.
Mandatory Commitments. Gateshead Health NHS Foundation Trust confirm that they commit to meet all mandatory commitments within this section as detailed below: To agree to scope the uptake within their organisation/region of national assets and systems to achieve targets. GHNT will continue to meet all Mandatory, Statutory and Contractual informatics requirements. Standards and Interoperability commitments: As agreed in Annex C. Leadership for data security and cyber security (Also see table in Annex D). GHNT commit to delivering the CareCERT requirements. Will work with your Global Digital Exemplar (GDE) partner to co-create, test and adopt their digital blueprint GHNT commit to working with ▇▇▇▇ to develop and share digital best practice through the blueprinting process. Commit to joint working by clinical staff with GDE GHNT commit to working in partnership with partner ▇▇▇▇; through the clinical pathways and digital design work Work with national teams who are evaluating the overall funded programme/project, providing access to key staff when requested, access to information and attendance at key meetings. NHS England and Digital have a seat on the programme board and the GDE FF Programme Manager and CIO will work closely with them. Commit to joint evaluation and development programmes with GDE partner (Also see table in Annex D) GHNT commit to working in partnership with ▇▇▇▇; and will be fully involved in the evaluation programmes Share any information/collateral developed as part of the work with the wider NHS and to participate in the shared learning work across organisation/communities/ networks as agreed as part of conditions of funding. GHNT commit to develop and share digital best practice through the blueprinting process and through the wider shared learning opportunities the NHS offers us. Achieve HIMSS Level 5 or equivalent as a minimum. Agreed Continued compliance to ongoing Tech Fund commitments. The Trust agrees to comply with ongoing commitments. Complete the procurement of and migration to Health and Social Care Network (HSCN) connectivity at the earliest opportunity and within the timeframe set out by NHS Digital. Key milestone dates are included within the Annex D The commitments described below reflect the detail described elsewhere in this GDE FF Proposal. Through meeting and adhering to these commitments the GDE Fast Follower programme will ensure that electronic clinical documentation based on standardised documentation, standardised workflows, standardi...