OBLIGATIONS OF THE ASSIGNOR. 4.1 The Assignor undertakes and agrees that he is the original creator and sole owner of all copyright and any other rights in the Work that are assigned under this Agreement.
4.2 The Assignor agrees that he has full power and authority to enter into this Agreement and that the Assignor has not exploited the Work in any form.
4.3 The Assignor agrees that he is the sole owner of all property rights and any other rights in the Work Material.
4.4 The risk and ownership in respect of the Work Material shall fall to the Assignee on the date of this Agreement.
4.5 The Assignor agrees that from the date of this Agreement he shall not have any rights or interest in the promotion, marketing or exploitation of the Work of any nature.
4.6 The Assignor agrees that it shall not at anytime seek to undermine or prejudice the goodwill and reputation of the Work by making statements to the media intended to criticise the Work.
OBLIGATIONS OF THE ASSIGNOR. Upon the occurrence and during the continuance of an Event of Default, and after the Collateral Agent shall have notified Holdings (except that no such notice shall be required in the case of an Event of Default under clause (h) or (i) of Section 7.01 of the Credit Agreement), the Assignor shall cooperate with the Assignee and use its best efforts in assisting the Assignee in relation to the payment of the Assigned Receivables, and shall pay any amounts paid directly to the Assignor in relation to the Assigned Receivables to the Assignee acting on behalf of the Secured Parties by transferring said amounts into a bank account as specified by the Assignee, until such time as the Security Interests created under this Agreement shall be released in accordance with Section 6.1.1 of this Agreement.
2.4. Reporting upon Occurrence and during Continuance of an Event of Default Upon the occurrence and during the continuance of an Event of Default, the Assignor shall deliver to the Assignee within 3 Business Days thereof, an updated list of Assigned Receivables identifying each Assigned Receivable outstanding as of the Business Day before the occurrence of such Event of Default (specifying at least name and address of the debtor, the amount due and the due date) substantially in the form and including the information as set forth in Schedule 3 to this Agreement.
OBLIGATIONS OF THE ASSIGNOR. 1) The Assignor shall duly perform the obligations to assign the Assigned Contracts according to Article 1 of this Agreement;
2) The Assignor shall keep confidential all commercial secrets of the Assignee known to the Assignor as a result of execution and performance of this Agreement;
3) The Assignor agrees that on the Effective Date, it shall deliver all records in relation to the Assigned Contracts to the Assignee or the representative designated by it. However, if the Assignor is required by law to keep the originals of any such records, the Assignor shall deliver the photocopies of such records to the Assignee, and covenant to provide evidences certifying that the photocopies are the same with the originals within a reasonable period of time upon the request of the Assignee;
4) The Assignor shall bear all relevant tax and expenses in relation to the performance of this Agreement according to laws and regulations; and
5) The Assignor shall provide assistance to the Assignee in connection with all the formalities related to share pledge, including without limitation, deregistration of share pledge and registration of establishment of share pledge with administration for industry and commence.
OBLIGATIONS OF THE ASSIGNOR. The Assignor, along with the Contractor and health and safety specialists, takes responsibility to investigate all labour incidents and occupational accidents that have happened during work time, as the Contractor should immediately inform the Assignor about this accident.
OBLIGATIONS OF THE ASSIGNOR. The ASSIGNOR has the following obligations, in addition to those set out in current legislation:
a) As a guarantee of the authorship of the Work, the ASSIGNOR will exonerate the ASSIGNEE from all third party liability, ass uming all claims, compensation, and damages that could be taken out against the ASSIGNEE by third parties who consider that their intellectual property rights on the Work have been infringed.
b) The ASSIGNOR must inform the ASSIGNEE in the shortest possible time of any intellectual property right infringement caused by a third party or in an open way of which it has become aware. The ASSIGNOR must also cooperate fully to defend these rights.
OBLIGATIONS OF THE ASSIGNOR. Following the service of a notice by the Administrative Agent under Art. VIII. of the Credit Agreement of an Event of Default, the Assignor shall cooperate with the Assignee and use its best efforts in assisting the Assignee in relation to the payment of the Assigned Receivables, and shall pay any amounts paid directly to the Assignor in relation to the Assigned Receivables to the Assignee acting on behalf of the Secured Parties by transferring said amounts into a bank account as specified by the Assignee, until such time as the Security Interests created under this Agreement shall be released in accordance with Section 6.1.1 of this Agreement.
OBLIGATIONS OF THE ASSIGNOR. The Assignor shall maintain the Special Loan Account until the Indebtedness has been fully paid, settled and discharged.
OBLIGATIONS OF THE ASSIGNOR. Subject to the terms of this Agreement, the Assignor, as consideration for the Assignment, will honor the share issuances required to be made pursuant to the provisions of the HOA, as follows:
OBLIGATIONS OF THE ASSIGNOR. 3.1 Assignorsor shall provide requisite training for the Assignee and its personnel on the effective utilization of assigned technology as detailed in the Schedule which shall serve as a guide.
3.2 Assignor shall give full description of the technology and to supply all necessary documentation and information in the English language.
OBLIGATIONS OF THE ASSIGNOR. Insofar as the Assignees timely comply with the payment schedule included as Appendix B hereto, the Assignor shall refrain from taking action to collect such credits or to go on with the enforcement of the collateral or personal guarantees backing the Credit Rights that have been established by either the Assignees or Duvaz (directly or indirectly). For such purpose, the Assignor shall inform the Assignees, through a notarized letter, that they have failed to pay an instalment, and give them thirty (30) days to make such payment. If upon expiry of said term, the Assignors have not paid the instalment, the Assignor may take action to collect such credits or enforce the collateral or personal guarantees backing the Credit Rights that have been established by either the Assignees or Duvaz (directly or indirectly).
