OBLIGATION OF THE AGENCY Sample Clauses

OBLIGATION OF THE AGENCY. Section 3.01. No Recourse, Limited Obligation of the Agency 12 ARTICLE IV EVENTS OF DEFAULT Section 4.01. Events of Default 14 Section 4.02. Remedies on Default 14 Section 4.03. Payment of Attorney’s Fees and Expenses 15 Section 4.04. Remedies, Waiver and Notice 15 Section 4.05. Payment of Interest and Penalties 15 ARTICLE V MISCELLANEOUS Section 5.01. Term of Agreement 17 Section 5.02. Form of Payments 17 Section 5.03. Company and Operating Company Acts 17 Section 5.04. Amendment of Agreement 17 Section 5.05. Notices 17 Section 5.06. Binding Effect 19 Section 5.07. Severability 19 Section 5.08. Counterparts 19 Section 5.09. Applicable Law 19 Section 5.10. Definitions. 19 Exhibit “A” Description of the Land ...................................................................................... A-1 PAYMENT IN LIEU OF TAX AGREEMENT THIS PAYMENT IN LIEU OF TAX AGREEMENT dated as of November 1, 2023 by and among the ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY, a corporate governmental agency constituting a body corporate and politic and a public benefit corporation organized and existing under the laws of the State of New York (hereinafter referred to as the “Agency”), having an office for the transaction of business located at 000 Xxxxxxxxxx Xxxxxx, 2nd Floor, Syracuse, New York 13202, 0000 XXXXXXXX XXXXX, LLC, a limited liability company organized and existing under the laws of the State of New York, having an office for the transaction of business located at 000 Xxxxx Xxxxxx Xxxxxx, Xxxxxxxx, Xxx Xxxx 00000 (the “Real Estate Holding Company”) and XXXXXXX SUPPLY, LLC D/B/A JSWG SUPPLY, LLC, a limited liability company organized and existing under the laws of the Commonwealth of Pennsylvania and authorized to do business in the State of New York, having an office for the transaction of business located at 000 Xxxxx Xxxxxx, Xxxxxxxx, Xxx Xxxx 00000 (the “Operating Company”).
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OBLIGATION OF THE AGENCY. The Agency shall deliver to the co-ordinator the logos mentioned in Article VI.1. In this respect, the following WEB-site shall be consulted: xxxx://xxxxx.xx.xxxxxx.xx/about/logos_en.htm AGREEMENT N° «NO_REF» «PROG_COD»-«SACT_COD» ANNEX VII LIST OF THE CO-BENEFICIARIES full official name] [ACRONYM] [official address in full] Street, N° [official address in full] Building, PO box
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OBLIGATION OF THE AGENCY. The successful Bidder/Agency shall
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Related to OBLIGATION OF THE AGENCY

  • Obligations of the Authority 6.1.1 The Authority shall, at its own cost and expense undertake, comply with and perform all its obligations set out in this Agreement or arising hereunder.

  • 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.

  • Application of the Agreement (1) This Agreement shall apply to investments made in the territory of either Contracting Party in accordance with its legislation by investors of the other Contracting Party prior as well as after the entry into force of this Agreement.

  • Obligations of City 8.1 City shall –

  • Operation of the Agreement A5.1 This Agreement is comprehensive and provides the terms and conditions of employment of employees covered by this Agreement, other than terms and conditions applying under applicable legislation.

  • Formation of the Agreement 2.1 The Agreement is binding upon Supplier after accepting the Purchase Order as evidenced by acknowledgement, supply of Goods and/or performance of Services. Versuni expressly rejects Supplier’s general conditions of sale.

  • Obligations of the Company Whenever required under this Section 2 to effect the registration of any Registrable Securities, the Company shall, as expeditiously as reasonably possible:

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