OBLIGATIONS, RIGHTS AND DUTIES Sample Clauses

OBLIGATIONS, RIGHTS AND DUTIES. The lessee shall – not contravene or permit the contravention of – any of the conditions of the title deeds under which the lessor owns any part of the leased premises; or any laws which the lessor is required to observe by reason of its ownership of the leased premises or any improvements thereon. subject to the provisions of clause [7] hereof, not at any time do or permit anything to be done on the leased premises which may be or cause a nuisance or annoyance to the occupiers of neighbouring premises; be entitled, with the prior written consent of the lessor, which shall not be unreasonably withheld and/or in the manner provided for in the Contract, to – assign any of its rights and/or obligations under this agreement; or to sublet the leased premises or any part thereof, to any third Party, provided that in the case of any such assignment or sub-letting the lessee hereby undertakes to guarantee in favour of the lessor the due and punctual fulfilment and compliance by its lessee or assignee, as the case may be, with all of its obligations in terms of this notarial deed of lease. procure that any sub-lessee in terms of clause [7(a)(iii)] uses part of the leased premises sub-let only for the purpose of conducting thereat its normal business; use the leased premises only for the purpose of conducting thereat the activities of a water service provider and activities reasonably incidental thereto, or any other business as may be agreed in writing by the lessor and the lessee, from time to time; not contravene or permit the contravention of any law, by-law or statutory regulation or the conditions of any licence relating to or affecting the occupation by the lessee of the leased premises save and except for any contravention of any laws, by-laws or statutory intentional regulatory or condition of licence caused by the lessor’s negligence or acts or omissions and in respect of which the lessor hereby indemnifies the lessee fully against all claims, damages, losses of any nature whatsoever which the lessee may maintain as a result thereof; not change or interfere with any electrical installations on the leased premises without the prior written consent of the lessor, which consent shall not be unreasonably withheld. The lessee shall ensure that the electricity Supply on the property is not overloaded at any time during the currency of this agreement; at all times keep the leased premises and any developments erected by it on the property in a clean, tidy and san...
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OBLIGATIONS, RIGHTS AND DUTIES. For the consideration received and outlined within the Agreement, the Parties agree that the obligations of each of them are as outlined below. (a) NSI agrees to maintain and provide support for the Sales and Compensation Plan within the Territory. This includes the efforts made in further developing and maintaining the Sales and Compensation Plan and providing the necessary support to NSK to implement the details of the Sales and Compensation Plan as directed by NSI. This includes, but is not limited to, the following: (1) to maintain an adequate computer system, including necessary hardware, software, data links, computer peripherals, printers, etc. to properly fulfill NSI's obligations under the Sales and Compensation Plan; (2) to provide the necessary training and support to NSK relating to NSI's Independent Distributors, including information relating to training methods, motivational strategies, convention and event planning, technical policies and procedure knowledge, etc; (3) to receive and use NSK's sales information to compute the correct and appropriate payments to NSI's Independent Distributors in the Territory, such that the Independent Distributors within the Territory are fully compensated under and in accordance with the Sales and Compensation Plan; (4) to receive NSK's information relating to wrongful conduct and behavior of NSI's Independent Distributors in the Territory and to act in a responsible manner to help insure the reputation of NSI; (5) to maintain a record of the contracts entered into by NSI Independent Distributors and provide such information to NSK, as reasonably requested; (6) to maintain appropriate insurance coverage such that the assets and financial stability of NSI is insured; and (7) to perform any other function or provide the necessary support to comply with the intended provisions of this article such that NSI uses its best efforts to maintain an Independent Distribution Network within the Territory. (b) NSK agrees to timely perform the following functions and responsibilities in fulfilling its duties and obligations under this Agreement and recognizes that performance of such activities are in NSK's best interests in furthering its development in the Territory: (1) to maintain, at its sole cost and expense, such facilities and other places of business within the Territory necessary to effect the purposes and intentions of this Agreement and to bear all costs and expenses it incurs in the negotiation, memorializat...

Related to OBLIGATIONS, RIGHTS AND DUTIES

  • Responsibilities and Duties (a) As Executive Vice President, the Executive will perform all duties and will have all powers associated with these positions, as set forth in any job description relating to the Executive’s position in effect on the Effective Date or as may be set forth in the bylaws of the Bank. The Executive shall report directly to the Chief Executive Officer of the Bank. (b) During the period of his employment hereunder, except for reasonable periods of absence occasioned by illness, reasonable vacation periods, and other reasonable leaves of absence approved by the Board of Directors of the Bank (the “Board”), the Executive will devote all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and duties directed by the Board. Notwithstanding the preceding sentence, subject to the approval of the Board, the Executive may serve as a member of the board of directors of business, community and charitable organizations, provided that in each case the service shall not materially interfere with the performance of his duties under this Agreement, adversely affect the reputation of the Bank or any other affiliates of the Bank, or present any conflict of interest. Nothing in this Section 1.2 shall prevent the Executive from managing personal investments and affairs, provided that doing so also does not interfere with the proper performance of the Executive’s duties and responsibilities under this Agreement.

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