Obligation of Program Sample Clauses

Obligation of Program s modification to the full extent of the Locational Quantity at the Locational Point The Preferred Supplier must have the Program transmitted by the Consumer Delivery Point modified at least to the full extent of the Locational Quantity at the Locational Point and at the latest before the full hour following the Transaction time. The Daily Delivered Quantities must also be modified, relatively to the Reference Program, at least by the Locational Quantity on the Locational Point. Every Day, GRTgaz may undertake checks to verify that this Program modification constraint is complied with and translated into the Daily Delivered Quantities by the Preferred Supplier at the Locational point. It supposes in particular that the Preferred Supplier has the adequate available capacity on the Locational Point.
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Obligation of Program s modification to the full extent of the Locational Quantity at the Locational Point The Preferred Supplier must have the last Program transmitted by the Consumer Delivery Point before the Call for Tender notification modified at least to the full extent of the Locational Quantity at the Locational Point and at the latest three (3) hours after the full hour following the Transaction time. On every Locational Day, GRTgaz may undertake checks to verify that this Program modification constraint is complied with and translated into the Daily Delivered Quantities by the Preferred Supplier at the Locational point. It supposes in particular that the Preferred Supplier has the adequate available capacity on the Locational Point. Without prejudice to any damages that may result from this, in the event that the Preferred Supplier would fail to meet its obligation to have the Program modified by the Locational Quantity at the Locational point within the given timeframe, or if this Program modification is not translated into the Daily Delivered Quantities, GRTgaz may claim financial penalties equal to the Default Price multiplied by the Locational Quantity, except in cases of force majeure.

Related to Obligation of Program

  • Obligations of Provider 3.1 Provider shall submit information to InterWest, upon request, as may be required to support InterWest’s provider credentialing process. Provider warrants and represents that all such information is true, accurate, and complete and shall notify InterWest promptly of any changes.

  • Obligation of the Parties The parties agree to the following obligations under this MOU:

  • Compliance with Obligations Buyer must have performed and complied with all its covenants and obligations required by this Agreement to be performed or complied with at or prior to Closing (singularly and in the aggregate) in all material respects.

  • OBLIGATION OF FUNDS This BPA does not obligate any funds. WCCA is obligated only to the extent of authorized purchases through Orders actually made under the BPA.

  • Obligations of Confidence Each party undertakes to:

  • Obligation of Parties Following issue of Termination Notice by either Party, the Parties shall promptly take all such steps as may be necessary or required to ensure that;

  • Administration of the Agreement The Agreement shall be administered by the Board of Directors of the Company or its delegate (the “Administrator”). Subject to the provisions of the Agreement, the Administrator shall have full and final authority in its discretion to take any action with respect to the Agreement including, without limitation, the authority to (i) determine all matters relating to the payments; (ii) establish, amend and rescind rules and regulations for the administration of the Agreement; and (iii) construe and interpret the Agreement, to interpret rules and regulations for administering the Agreement and to make all other determinations deemed necessary or advisable for administering the Agreement. Except to the extent otherwise required under Section 409A of the Internal Revenue Code of 1986, as amended (“Code”), the Administrator shall have the authority, in its sole discretion, to accelerate the date that any Consultation Payments or Separation Payments which were not otherwise vested or earned shall become vested or earned in whole or in part without any obligation to accelerate such date with respect to any other employee. The Administrator also may in its sole discretion determine that Executive’s rights or payments under the Agreement shall be subject to reduction, cancellation, forfeiture or recoupment due to conduct by Executive that is determined by the Administrator to be detrimental to the business or reputation of the Company, including, without limitation, upon termination of employment for cause; violation of policies of the Company; or breach of non-solicitation, noncompetition, confidentiality or other restrictive covenants that apply to the Executive. In addition to action by meeting in accordance with applicable laws, any action of the Administrator with respect to the Agreement may be taken by a written instrument signed by the Administrator (including, where the Board or a committee serves as the Administrator, by written consent signed by all of the members of the Board, or all of the members of a committee, and any such action so taken by written consent shall be as fully effective as if it had been taken by a majority of the members at a meeting duly held and called). No individual shall be liable while acting as Administrator for any action or determination made in good faith with respect to the Agreement, and any such individual shall be entitled to indemnification and reimbursement in the manner provided in the Company’s certificate of incorporation and bylaws and/or under applicable law.

  • Obligations of the Academy Trust 4.B The Academy Trust must keep the Land clean and tidy and make good any damage or deterioration to the Land. The Academy Trust must not do anything to lessen the value or marketability of the Land without the Secretary of State’s consent.

  • COMPLIANCE WITH LEGAL OBLIGATIONS Contractor shall procure and maintain for the duration of this Contract any state, county, city or federal license, authorization, waiver, permit, qualification or certification required by statute, ordinance, law, or regulation to be held by Contractor to provide the goods or services required by this Contract. Contractor will be responsible to pay all taxes, assessments, fees, premiums, permits, and licenses required by law. Real property and personal property taxes are the responsibility of Contractor in accordance with NRS 361.157 and 361.159. Contractor agrees to be responsible for payment of any such government obligations not paid by its subcontractors during performance of this Contract.

  • Termination on Breach of Obligations of Confidentiality The Authority may terminate this Framework Agreement by serving notice on the Supplier in writing with effect from the date specified in such notice where the Supplier fails to comply with Clauses 19.1 to 19.5 (Confidentiality).

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