Obligations to procure Clause Samples
An "Obligations to procure" clause requires one party to ensure that a third party performs certain actions or fulfills specific obligations under the contract. In practice, this means the obligated party must take all necessary steps, such as obtaining consents, approvals, or cooperation from third parties, to guarantee that the required outcomes are achieved. This clause is commonly used when a party does not have direct control over the third party but is still responsible for ensuring their compliance, thereby allocating risk and ensuring contractual commitments are met even when third parties are involved.
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Obligations to procure. Unless otherwise expressly provided, the expression "procure" where used in the context of an Investor's Affiliates, means taking such steps to procure the relevant matter, including undertaking to exercise its voting rights and to use any and all other powers vested in it from time to time and, where used in the context of an Investor's Concert Parties, means only undertaking to exercise its voting rights and to use any and all other powers vested in it from time to time.
Obligations to procure. Notwithstanding any other provisions in this Agreement and where under this Agreement a Shareholder undertakes to procure any action on the part of the Company, that Shareholder will be deemed to have complied with that undertaking if it had used its best efforts to procure such action including proposing and voting in favour of all relevant and necessary resolutions.
Obligations to procure. Unless otherwise expressly provided, the expression “procure” where used in the context of a Stakeholder Representative means undertaking to exercise its voting rights and to use any and all other powers vested in it from time to time as a Shareholder and, in the case of a Stakeholder Representative who is a director of a Group Company, such Stakeholder Representative’s voting rights in their capacity as a director of the Group Company in question (subject to such Stakeholder Representative’s fiduciary duties as a director).
Obligations to procure. Unless otherwise expressly provided, where any Party is obliged under this Deed to “procure” that any matter shall come into effect, that obligation is to be construed as requiring the Party concerned to exercise all rights and powers of control over the affairs of any other person which it is able to exercise (whether directly or indirectly, and whether as a shareholders, via the directors or representatives that it appoints (subject to their respective fiduciary duties), or otherwise) in order to secure the coming into effect of the relevant matter.
Obligations to procure. Unless otherwise expressly provided, the expression “procure” where used in the context of the Three UK JV Companies or the Vodafone UK JV Companies means the relevant party undertaking to exercise (or caused to be exercised) its voting rights (if any) in the relevant Three UK JV Company or Vodafone UK JV Company and to use any and all other powers vested in it from time to time as legal and/or beneficial owner of the shares in the relevant Three UK JV Companies or the Vodafone UK JV Companies.
Obligations to procure. Unless otherwise expressly provided, the expression “procure” where used in the context of the Sellers, means undertaking to exercise the relevant Seller’s voting rights and to use any and all other powers vested in it from time to time as a shareholder in the Company and, in the case of a Management Seller who is a director of any Group Company, his voting rights A18786646/12.0a/20 Nov 2014 in his capacity as a director (subject to his fiduciary duties as a director) of the Group Company in question.
Obligations to procure. Unless otherwise expressly provided, an obligation on a Party to “procure” means exercising such Party’s voting rights and using any and all other powers vested in such Party from time to time as a shareholder of the Company, including by directing any director appointed to board of a Group Company by or at the direction of such Party, subject always to that director’s fiduciary duties and other legal obligations.