OBLIGATIONS, RIGHTS, AND DUTIES Sample Clauses

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.
Sample 1
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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...
Sample 1

Related to OBLIGATIONS, RIGHTS, AND DUTIES

  • Secured Party’s Obligations and Duties Anything herein to the contrary notwithstanding, Pledgor shall remain liable under each contract or agreement comprised in the Collateral to be observed or performed by Pledgor thereunder. Secured Party shall not have any obligation or liability under any such contract or agreement by reason of or arising out of this Agreement or the receipt by Secured Party of any payment relating to any of the Collateral, nor shall Secured Party be obligated in any manner to perform any of the obligations of Pledgor under or pursuant to any such contract or agreement, to make inquiry as to the nature or sufficiency of any payment received by Secured Party in respect of the Collateral or as to the sufficiency of any performance by any party under any such contract or agreement, to present or file any claim, to take any action to enforce any performance or to collect the payment of any amounts that may have been assigned to Secured Party or to which Secured Party may be entitled at any time or times. Secured Party's sole duty with respect to the custody, safe keeping and physical preservation of the Collateral in its possession, under Section 9-207 of the NYUCC or otherwise, shall be to deal with such Collateral in the same manner as Secured Party deals with similar property for its own account.

  • Rights and Duties The Shareholders shall have the following rights, powers, privileges, duties and liabilities:

  • Delegation of Rights and Duties Agent may, upon any term or condition it specifies, delegate or exercise any of its rights, powers and remedies under, and delegate or perform any of its duties or any other action with respect to, any Loan Document by or through any trustee, co-agent, employee, attorney-in-fact and any other Person (including any Secured Party). Any such Person shall benefit from this Article VIII to the extent provided by Agent.

  • Responsibilities and Duties (a) As President and Chief Executive Officer, the Executive shall serve under the board of directors of the Corporation and will perform all duties and will have all powers associated with these positions, as set forth in any job description provided to the Executive by the Corporation or as may be set forth in the bylaws of the Corporation. In addition, the Executive shall be responsible for establishing the business objectives, policies and strategic plans of the Corporation. The Executive shall report directly to the board of directors of the Corporation.

  • Engagement and Duties 1.1 Commencing as of the Effective Date, and upon the terms and subject to the conditions set forth in this Agreement, the Company hereby engages and employs Executive as an officer of the Company, with the title and designation of Chief Executive Officer of the Company. Executive hereby accepts such engagement and employment.

  • TERMS AND DUTIES (a) The term of this Agreement shall be deemed to have commenced as of the date first above written and shall continue for thirty six (36) months thereafter. Commencing on the first anniversary date, and continuing at each anniversary date thereafter, the Board of Directors of the BANK (the "Board") may extend the Agreement for an additional year. Prior to the extension of the Agreement as provided herein, the Board of Directors of the BANK will conduct a formal performance evaluation of EXECUTIVE for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board's meeting.

  • Positions and Duties As of the Effective Date, the Executive will continue to serve as Chief Executive Officer of the Company. The Executive will render such business and professional services in the performance of his duties, consistent with the Executive’s position within the Company, as will reasonably be assigned to him by the Company’s Board of Directors (the “Board”).

  • Secured Party’s Rights and Remedies If at any time (1) an Event of Default or Specified Condition with respect to the Pledgor has occurred and is continuing or (2) an Early Termination Date has occurred or been designated as the result of an Event of Default or Specified Condition with respect to the Pledgor, then, unless the Pledgor has paid in full all of its Obligations that are then due, the Secured Party may exercise one or more of the following rights and remedies:

  • Powers and Duties Each Lender irrevocably authorizes each Agent to take such action on such Lender’s behalf and to exercise such powers, rights and remedies hereunder and under the other Credit Documents as are specifically delegated or granted to such Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. Each Agent shall have only those duties and responsibilities that are expressly specified herein and the other Credit Documents. Each Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. No Agent shall have, by reason hereof or any of the other Credit Documents, a fiduciary relationship in respect of any Lender; and nothing herein or any of the other Credit Documents, expressed or implied, is intended to or shall be so construed as to impose upon any Agent any obligations in respect hereof or any of the other Credit Documents except as expressly set forth herein or therein.

  • Services and Duties As Administrator, and subject to the supervision and control of the Trustees of each Trust, EIS will hereafter provide facilities, equipment and personnel to carry out the following administrative services for operation of the business and affairs of each Trust and each of its series:

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