Obligations of the Master Sample Clauses

Obligations of the Master. The Master shall, in particular, comply with the port authorities' directions if they forbid navigation for whatever reason (bad weather, local dangers, etc.). If the weather and sea conditions should present factors having an intensity above Force 5 on the Beaufort scale, the Master shall not leave port, or, if already in navigation, shall make a landing at the nearest safe anchorage. In case of anchoring close to the coast, the Master shall make sure the unit is never left unattended, taking all measures suitable to the situation and location. The Master shall report in the boat log book all arrivals and departures from ports, the weather conditions, the daily hours of engine use. The Master, the Lessee and his guests undertake to comply with all the laws of the country where the unit shall be, including regulations concerning customs statements, orders by port and customs authorities, and the regulations concerning fishing (including underwater fishing). If the lease agreement should have a duration of more than ten days, the Master shall notify (by phone, telefax, telegram, e-mail or other valid communication media) every seven days the position of the unit to the Lessor or to his representative. The Master shall also immediately inform the Lessor or his representative (by means of the above mentioned media) about any accident, average, damage or anomaly taking place aboard the unit.
Sample 1
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Obligations of the Master. Servicer in Respect of Prepayment ----------------------------------------------------------- Interest Shortfalls. ------------------- If a Prepayment of a Mortgage Loan occurs during any Prepayment Period which gives rise to a Prepayment Interest Shortfall, any difference between the interest collected from the Mortgagor and the full month's interest at the Mortgage Rate less the Servicing Fee (such difference, "Compensating Interest") that is due shall be deposited by the Master Servicer to the extent of the Servicing Fee to the Collection Account on or before noon New York time on the related Master Servicer Remittance Date and shall be included in the monthly remittance to be made available to the Trustee on such Master Servicer Remittance Date. Compensating Interest for any Distribution Date shall be limited to the Servicing Fee for such Distribution Date.
Sample 1
Obligations of the Master. Servicer in Respect of Mortgage --------------------------------------------------------- Rates and Monthly Payments. -------------------------- In the event that a shortfall in any collection on or liability with respect to any Mortgage Loan results from or is attributable to adjustments to Mortgage Rates, Monthly Payments or Stated Principal Balances that were made by the Master Servicer in a manner not consistent with the terms of the related Mortgage Note and this Agreement, the Master Servicer, upon discovery or receipt of notice thereof, immediately shall deliver to the Trustee for deposit in the Distribution Account from its own funds the amount of any such shortfall and shall indemnify and hold harmless the Trust Fund, the Trustee, the Certificate Insurer, the Depositor and any successor master servicer in respect of any such liability. Such indemnities shall survive the termination or discharge of this Agreement. 80
Sample 1

Related to Obligations of the Master

  • Obligations of the Manager a. The Manager shall provide (or cause the Fund’s custodian to provide) information to the Subadviser in a timely manner regarding such matters as the composition of assets in the Portfolio, cash requirements and cash available for investment in the Portfolio, and all other information as may be reasonably necessary for the Subadviser to perform its responsibilities hereunder.

  • Obligations of the Adviser (a) The Adviser shall provide (or cause the Fund’s Custodian (as defined in Section 5 hereof, the Fund’s accountant and the Fund’s distributor) to provide) timely information to the Sub-Adviser regarding such matters as the composition of the Sub-Advised Assets, cash requirements and cash available for investment in the Sub-Advised Assets, and all other information as may be reasonably necessary for the Sub-Adviser to perform its responsibilities hereunder.

  • Obligations of the Trust This Agreement is executed by and on behalf of the Trust and the obligations of the Trust hereunder are not binding upon any of the trustees, officers or shareholders of the Trust individually but are binding only upon the Trust and with respect to the Funds to which such obligations pertain.

  • OBLIGATIONS OF THE BUYER a. The Buyer has furnished to the Company in Exhibit B hereto such information regarding itself, the Registrable Securities held by it and the intended method of disposition of the Registrable Securities held by it as required to effect the registration of such Registrable Securities and shall execute such documents in connection with such registration as the Company may reasonably request. The Company shall notify the Buyer in writing of any other information the Company reasonably requires from the Buyer in connection with any Registration Statement hereunder. The Buyer will as promptly as practicable notify the Company of any material change in the information set forth in Exhibit B, other than changes in its ownership of the Common Stock.

  • Conditions of the Obligations of the Underwriter The obligations of the Underwriter hereunder shall be subject to the accuracy of the representations and warranties on the part of the Company set forth in Section 2 hereof, in each case as of the date hereof and as of each Closing Date as though then made, to the timely performance by each of the Company of its covenants and other obligations hereunder on and as of such dates, and to each of the following additional conditions:

  • Obligations of the Holders In connection with the registration of the Registrable Securities, the Holders shall have the following obligations:

  • 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:

  • Obligations of the Sponsor The Sponsor agrees to provide the Asset Representations Reviewer with the following: • Reasonable access to the Sponsor; • Complete AUPs; • Required Documents; and • Other related information reasonably requested by the Asset Representations Reviewer to perform the Services hereunder.

  • Conditions of the Obligations of the Underwriters The obligations of the several Underwriters to purchase and pay for the Firm Securities on the First Closing Date and the Optional Securities to be purchased on each Optional Closing Date will be subject to the accuracy of the representations and warranties of the Company herein (as though made on such Closing Date), to the accuracy of the statements of Company officers made pursuant to the provisions hereof, to the performance by the Company of its obligations hereunder and to the following additional conditions precedent:

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