New TI Obligations Sample Clauses

New TI Obligations. Buyer shall be responsible for and shall at Closing assume the obligation to pay all New TI Obligations. At Closing, Buyer shall reimburse Seller for the cost of New TI Obligations properly performed and paid for by Seller to the extent such obligations were expressly approved in writing by Buyer pursuant to Section 9 hereof.
Sample 1Sample 2Sample 3See All (7)
AutoNDA by SimpleDocs
New TI Obligations. At Closing, Transferee shall reimburse Transferor for the reasonable cost for New TI Obligations properly performed and actually paid for by Transferor to the extent such obligations were expressly approved in writing by Transferee, and Transferee shall assume the obligation to perform and pay for such New TI Obligations.
Sample 1Sample 2
New TI Obligations. Purchaser shall be fully responsible for (y) all costs associated with New TI Obligations and (z) except as contemplated in clause (b) in the immediately following sentence, performing all obligations of landlord under the Leases relative to New TI Obligations. Provided, however, to the extent (a) Purchaser requests Sellers to commence the performance of New TI Obligations prior to Closing and Sellers are willing to do so or (b) Sellers are obligated under Leases to commence the performance of New TI Obligations prior to Closing pursuant to renewals or expansion rights properly exercised after the Agreement Date (which Sellers shall do), Sellers shall receive a credit at Closing for the cost of New TI Obligations so performed and paid for by Sellers.
Sample 1
New TI Obligations. At the Closing, the Partnership shall credit the Contributors for the cost of New TI Obligations, if any, properly performed and paid for by the Contributors or the Title Holding Partnerships to the extent such obligations were expressly approved in writing by the Partnership or otherwise permitted under Section 3.7, or if not performed and paid and relating to Leases which are permitted under the terms of this Agreement, the Partnership shall assume the obligation to perform and pay for such New TI Obligations, if any. If the rent commencement date under any Lease amendment, renewal, extension or expansion of a Lease subject to New TI Obligations, if any, falls before the Closing Date, then the cost of the New TI Obligation under such Lease, amendment, renewal or expansion shall be apportioned between the parties in the proportion that the length of the portion of the noncancellable primary term after such rent commencement date to the Closing Date bears to the length of the portion of the noncancellable primary term falling after the Closing Date.
Sample 1
New TI Obligations. At Closing, Purchaser shall reimburse Seller for the Pre-Closing Share (as defined below) of all New TI Obligations paid for by Seller prior to Closing, and Purchaser shall receive a credit from Seller equal to the Pre-Closing Share of any New TI Obligations which, as of Closing, have not been paid for by Seller. The "PRE-CLOSING SHARE" of any New TI Obligations with respect to any Lease shall mean the total amount of the New TI Obligations for a Lease divided by the total number of months in the applicable Lease, and then multiplied by the number of months from the beginning of rent payments under such Lease until the date of Closing. At Closing, Purchaser shall assume the obligation to perform and pay for all unpaid and/or unperformed New TI Obligations.
Sample 1
New TI Obligations. As to any tenant improvement obligation ------------------ arising under any Space Leases relating to the Office Projects or amendments entered into during the pendency of this Agreement and approved by Operating Partnership pursuant to Schedule 6.1, or renewals or expansion rights properly ------------ exercised after the date of this Agreement (collectively, "New TI Obligations"), Operating Partnership shall reimburse Contributor for the cost for New TI Obligations properly performed and paid for by Contributor to the extent such obligations were expressly approved in writing by Operating Partnership, and Operating Partnership shall assume the obligation to perform and pay for such New TI Obligations.
Sample 1
New TI Obligations. At Closing, Purchaser shall reimburse Seller for the prorata cost (based on proportion of the respective ownership periods of Seller and Purchaser relative to the term of the lease) of New TI Obligations properly performed and paid for by Seller, and Purchaser shall assume the obligation to perform and pay for such New TI Obligations, to the extent the same have not been performed or paid by Seller. In the event Seller has not commenced satisfying the New TI Obligations on or before Closing, then Purchaser shall be entitled to a credit in the prorata amount described above. Any credit to Purchaser or reimbursement to Seller for lease commissions comprising part of either Existing or New TI Obligations shall not constitute an assumption by Purchaser of any accrued and owing obligations under any applicable commission agreements.
Sample 1
AutoNDA by SimpleDocs
New TI Obligations. To the extent approved or deemed approved by Buyer in connection with New TI Obligations, and to the extent Buyer requests Seller to commence or Seller reasonably elects to commence such New TI Obligations prior to Closing, Buyer shall reimburse Seller at Closing for the cost of New TI Obligations performed and paid for by Seller.
Sample 1
New TI Obligations. At Closing, Venture shall reimburse Contributor for the cost for New TI Obligations properly performed and paid for by Contributor if the related Lease or Lease amendment or such obligations were expressly approved in writing by Investor, and Venture shall assume the obligation to perform and pay for such New TI Obligations.
Sample 1

Related to New TI Obligations

  • Surety Obligations No Borrower or Subsidiary is obligated as surety or indemnitor under any bond or other contract that assures payment or performance of any obligation of any Person, except as permitted hereunder.

  • Seller Obligations Seller shall (A) arrange and pay independently for any and all necessary costs under any Generator Interconnection Agreement with the Participating Transmission Owner; (B) cause the Interconnection Customer’s Interconnection Facilities, including metering facilities, to be maintained; and (C) comply with the procedures set forth in the GIP and applicable agreements or procedures provided under the GIP in order to obtain the applicable Electric System Upgrades and (D) obtain Electric System Upgrades, as needed, in order to ensure the safe and reliable delivery of Energy from the Project up to and including quantities that can be produced utilizing all of the Contract Capacity of the Project.

  • Purchaser Obligations Section 7.1Pursuit of State Regulatory Approval . Purchaser shall use Commercially Reasonable Efforts to make an initial filing for State Regulatory Approval no later than twenty (20) Business Days after the Signing Date (the “State Regulatory Target Filing Date”). Seller shall act diligently and cooperate with Purchaser’s efforts to seek State Regulatory Approval and promptly provide any information, including the filing of testimony, reasonably requested by Purchaser or required for State Regulatory Approval and/or any regulatory proceedings or litigation that may arise relating to the State Regulatory Approval. As part of such cooperation, Seller shall file on or prior to the State Regulatory Target Filing Date an application for declination of jurisdiction with the State Regulatory Agency in connection with the Transactions. Nothing in this Agreement shall require Purchaser to accept any condition to, limitation on, or other requirement concerning the State Regulatory Approval that, in Purchaser’s sole discretion, is unacceptable to Purchaser. Nothing in this Agreement shall require Seller to accept any condition to, limitation on, or other requirement concerning the declination of jurisdiction from the State Regulatory Authority that, in Seller’s sole discretion, is unacceptable to Seller.

  • Perform Obligations To perform promptly all of the obligations of Tenant set forth in this Lease; and to pay when due the Fixed Rent and Additional Rent and all charges, rates and other sums which by the terms of this Lease are to be paid by Tenant.

  • Prior Obligations I represent that my performance of all terms of this Agreement as a consultant of the Company has not breached and will not breach any agreement to keep in confidence proprietary information, knowledge or data acquired by me prior or subsequent to the commencement of my Relationship with the Company, and I will not disclose to the Company, or use, any inventions, confidential or non-public proprietary information or material belonging to any current or former client or employer or any other party. I will not induce the Company to use any inventions, confidential or non-public proprietary information or material belonging to any current or former client or employer or any other party.

  • Specific Obligations The HSP:

  • Guaranty Obligations Unless otherwise specified, the amount of any Guaranty Obligation shall be the lesser of the principal amount of the obligations guaranteed and still outstanding and the maximum amount for which the guaranteeing Person may be liable pursuant to the terms of the instrument embodying such Guaranty Obligation.

  • Client Obligations 3.1 The Client shall:

  • Existing Obligations Termination of this Agreement shall not affect any obligations of the Parties under this Agreement prior to the date of termination including, but not limited to, completion of all medical records and cooperation with BCBSM with respect to any actions arising out of this Agreement filed against BCBSM after the effective date of termination. This Agreement shall remain in effect for the resolution of all matters pending on the date of termination. BCBSM's obligation to reimburse Provider for any Covered Services will be limited to those provided through the date of termination.

Time is Money Join Law Insider Premium to draft better contracts faster.