Notification of Obligations Sample Clauses

Notification of Obligations. Subject to Clause 12.1.3, if by reason of any Force Majeure Event, a Party is wholly or partially unable to carry out its obligations under this Agreement, or in the case of the Concessionaire any of the CHP5 Project Agreements, such Party shall: 12.2.1 give the other Party notice of such Force Majeure Event as soon as practicable, but in any event, not later than the later of two (2) hours after becoming aware of the occurrence of such Force Majeure Event or six (6) hours after the resumption of any means of providing notice between the Parties; and 12.2.2 give the other Party a second notice, describing such Force Majeure Event in reasonable detail and to the extent which can be reasonably determined at the time of such notice, providing a preliminary evaluation of the obligations affected, a preliminary estimate of the period of time that the affected Party shall be unable to perform such obligations and other relevant matters as soon as practicable, but in any event, no later than five (5) Days after the initial notice given under Clause 12.2.1; 12.2.3 when appropriate or when reasonably requested to do so by the other Party, provide further notices to the other Party more fully describing such Force Majeure Event and its causes and providing or updating information relating to the efforts to avoid and/or to mitigate the effects thereof and estimates, to the extent practicable, of the time that it reasonably expects it shall be unable to carry out any of its affected obligations due to such Force Majeure Event; 12.2.4 notify the other Party of: 12.2.4.1 the cessation of such Force Majeure Event (where such event was of a type that was ongoing); and 12.2.4.2 its ability (or its inability, together with an estimate of the date it will be able) to recommence performance of its obligations under this Agreement, as soon as possible and in any event not later than seven (7) Days after the cessation of such Force Majeure Event. 12.2.5 If the affected Party does not give notice within the time limit specified in Clause 12.2.1, it may do so at a later time but it shall only be excused for its failure or delay under Clause 12.4 from the date such notice is given and not from commencement of such Force Majeure Event.
Sample 1Sample 2Sample 3See All (8)
AutoNDA by SimpleDocs
Notification of Obligations. (a) If by reason of a Force Majeure Event a Party is wholly or partially unable to carry out its obligations under this Agreement, the affected Party shall:
Sample 1
Notification of Obligations. In the event that I cease to be an employee or other service provider of the Company, I hereby grant consent to notification by the Company to any employer about my obligations under this Agreement.
Sample 1
Notification of Obligations. The Party claiming Force Majeure shall give prompt written notice, but in any event within ten days, of such fact to the other Party. In the event notice is not given within ten days, the excuse of performance shall not commence until the date such notice is given. Nothing contained herein shall be construed so as to require a Party to settle any strike or labor dispute in which it may be involved. In the event of a suspension of a Party’s obligations for the above-mentioned causes Force Majeure, the term of this Agreement shall not be extended for the period of suspension.
Sample 1
Notification of Obligations. In the event that I provide services to or obtain employment from another party, I hereby consent to the notification of such party or its officers, directors or affiliates of my rights and obligations under this Agreement.
Sample 1
Notification of Obligations. Upon or prior to the execution hereof, the Company shall deliver to the Agent the originals of the Assigned Documents, duly endorsed by the Company to the Agent if necessary to facilitate collection or enforcement, and the Company shall notify Maker and any other party or parties obligated on any of the Assigned Documents of the content and existence of this Agreement and of the agreements and obligations of the Company with respect to payment of the Payments as set forth in paragraphs 2 and 3 hereof. Any and all notices, consents and agreements required hereunder shall be in such form and substance as the Agent may approve.
Sample 1
Notification of Obligations. Employee recognizes and agrees that QSI may notify and provide a copy of this Agreement to any person or entity it deems appropriate for the purpose of notifying such person or entity of Employee’s obligations pursuant to this Agreement.
Sample 1
AutoNDA by SimpleDocs

Related to Notification of Obligations

  • Termination of Obligations Termination of this Agreement pursuant to Section 10.1 hereof shall terminate all obligations of the parties hereunder, except for the obligations under Article IX, Article X, and Sections 11.4, 11.7, 11.14, 11.15 and 11.16 hereof; provided, however, that termination pursuant to paragraphs (b) or (c) of Section 10.1 shall not relieve the defaulting or breaching party or parties from any liability to the other parties hereto.

  • Reaffirmation of Obligations Each Loan Party (a) acknowledges and consents to all of the terms and conditions of this Amendment, (b) affirms all of its obligations under the Loan Documents and (c) agrees that this Amendment and all documents executed in connection herewith do not operate to reduce or discharge such Loan Party’s obligations under the Loan Documents.

  • Payment of Obligations Pay, discharge or otherwise satisfy at or before maturity or before they become delinquent, as the case may be, all its material obligations of whatever nature, except where the amount or validity thereof is currently being contested in good faith by appropriate proceedings and reserves in conformity with GAAP with respect thereto have been provided on the books of the Borrower or its Subsidiaries, as the case may be.

  • Mitigation of Obligations If any Lender requests compensation under Section 2.18, or if the Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.20, then such Lender shall use reasonable efforts to designate a different lending office for funding or booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the sole judgment of such Lender, such designation or assignment (i) would eliminate or reduce amounts payable under Section 2.18 or Section 2.20, as the case may be, in the future and (ii) would not subject such Lender to any unreimbursed cost or expense and would not otherwise be disadvantageous to such Lender. The Borrower hereby agrees to pay all costs and expenses incurred by any Lender in connection with such designation or assignment.

  • Suspension of Obligations Without prejudice to the foregoing, so long as a Party shall be in default in payment or performance to the other Party under the Agreement and the other Party has not exercised its rights under this Section 8, or, if "Adequate Assurances" is specified as applying to the Agreement in Part XI of the Schedule, during the pendency of a reasonable request to a Party for adequate assurances of its ability to perform its obligations under the Agreement, the other Party may, at its election and without penalty, suspend its obligation to perform under the Agreement.

  • Delegation of Obligations The Asset Representations Reviewer may not delegate or subcontract its obligations under this Agreement to any Person without the consent of the Issuer and the Servicer.

  • Duration of Obligations The Manager’s obligation to provide Disentanglement Services will continue during the period commencing on the date that a Termination Notice is delivered and ending on the date on which the Successor Manager or the re-engaged Manager assumes all of the obligations of the Manager hereunder (the “Disentanglement Period”).

  • Fulfilment of Obligations The Parties shall take any general or specific measures required to fulfil their obligations under this Agreement.

  • Satisfaction of Obligations The Borrower shall pay, discharge or otherwise satisfy at or before maturity or before they become delinquent, as the case may be, all its obligations of whatever nature, except where the amount or validity thereof is currently being contested in good faith by appropriate proceedings and reserves with respect thereto have been provided on the books of the Borrower.

  • Assumption of Obligations Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!