Obligations Under the Lease Sample Clauses

Obligations Under the Lease. The Issuer: (i) will perform all of its obligations under the Lease; (ii) will not execute or agree to any change, amendment or modification of or supplement to the Lease except by a supplement or an amendment duly executed by the Issuer and the Company with the written approval of the Purchaser; and (iii) will not agree to any abatement, reduction or diminution of the Basic Rent without the written approval of the Purchaser. Notwithstanding the foregoing sentence, it is the intention of the Parties that the Company will make payments to the Purchaser for the account of the Issuer, in such amounts and at such times as are necessary to make all payments of principal of, interest on and redemption price of the Bonds in accordance with the terms of the Bond Documents as and when due. The Purchaser will look only to the Company for payment of the Bonds and upon the security granted in this Indenture for the Company’s obligations under the Lease. As described in Section 3.01 and in Section 6.01 of the Lease, the Issuer will assign and pledge to the Purchaser all right, title and interest of the Issuer in and to the Lease, including the right to receive payments thereunder (but exclusive of any payments with respect to the Issuer Retained Rights).
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Obligations Under the Lease. Throughout the term of the Sublease, Sublessor shall maintain the Lease in good standing and promptly perform all obligations of Sublessor thereunder NOT DELEGATED TO SUBLESSEE PURSUANT TO THIS SUBLEASE.
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Obligations Under the Lease. The Issuer: (i) will perform all of its obligations under the Lease; (ii) will not execute or agree to any change, amendment or modification of or supplement to the Lease except by a supplement or an amendment duly executed by the Issuer and the Company with the written approval of the Series 2011 Purchaser and the Series 2018 Purchaser; and (iii) will not agree to any abatement, reduction or diminution of the Basic Rent without the written approval of the Series 2011 Purchaser and the Series 2018 Purchaser. Notwithstanding the above paragraph, it is the intention of the Lease that the Company shall make payments to the Series 2011 Purchaser and the Series 2018 Purchaser for the account of the Issuer, in such amounts and at such times as are necessary to make all payments of principal of, interest on and redemption price of the Bonds in accordance with the terms of the Bond Documents as and when due. The Series 2011 Purchaser and the Series 2018 Purchaser will look to the Company for payment of the Series 2011 Bonds and the Series 2018 Bonds, respectively, and upon the security granted in this Indenture for the Company’s obligations under the Lease. As described in Section 6.1 of the Lease, the Issuer will assign and pledge to the Series 2011 Purchaser and the Series 2018 Purchaser all right, title and interest of the Issuer in and to the Lease, including the right to receive payments thereunder.
Sample 1
Obligations Under the Lease. BroadSoft hereby acknowledges that it has read the Lease, a true, correct and complete copy of which (redacted to set forth certain business or confidential terms) is attached hereto as Exhibit F and, except as otherwise set forth herein, is incorporated herein by reference as fully as if the terms and provisions thereof were set forth herein. Except as inapplicable hereto or inconsistent herewith, BroadSoft agrees to assume the same responsibilities and duties and to enjoy the same rights and privileges that MIASI has as “Tenant” from and to the Landlord with respect to the Sublet Premises, excepting matters relating to the identification of the Sublet Premises, and the amount and due dates of the rentals payable therefor, and other excluded terms set forth hereinbelow; provided, however, except as otherwise expressly provided in this Sublease, in no event shall MIASI be deemed to have assumed the responsibilities of the Landlord under the Lease, including, without limitation, any repair or maintenance obligations under Article 13 of the Lease, any obligation to provide services under Article 15 of the Lease or any obligation to restore the Building and/or Sublet Premises following any damage, destruction or condemnation under Articles 17 and 18 of the Lease or any obligation to make any Capital Expenditures (as defined in the Lease), nor shall MIASI be responsible for the compliance of the Landlord with the provisions of the Lease. The foregoing notwithstanding, MIASI covenants and agrees to use good faith, due diligence and at all times exert commercially reasonable efforts to compel and/or require Landlord to provide or perform the obligations and duties of Landlord in the Lease, provided that: (A) to the extent such enforcement of rights pertains to the entire Building, including the Sublet Premises, BroadSoft shall reimburse MIASI within forty-five (45) days following written demand for BroadSoft’s Proportionate Share of all reasonable out-of pocket costs and expenses (including, without limitation, reasonable attorneys’ fees) incurred by MIASI in attempting to enforce the Lease; and (B) to the extent the enforcement of rights pertains solely to the Sublet Premises, BroadSoft shall reimburse MIASI within forty-five (45) days following written demand for the full amount of all such reasonable out-of-pocket costs and expenses (including, without limitation, reasonable attorneys’ fees) incurred by MIASI in attempting to enforce the Lease. Notwithstandin...
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Obligations Under the Lease 
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Related to Obligations Under the Lease

  • Obligations Under the Guaranty The undersigned hereby agrees, as of the date first above written, to be bound as a Guarantor by all of the terms and conditions of the Guaranty to the same extent as each of the other Guarantors thereunder. The undersigned further agrees, as of the date first above written, that each reference in the Guaranty to an “Additional Guarantor” or a “Guarantor” shall also mean and be a reference to the undersigned, and each reference in any other Loan Document to a “Guarantor” or a “Loan Party” shall also mean and be a reference to the undersigned.

  • Obligations Under the Security Agreement The undersigned hereby agrees, as of the date first above written, to be bound as a Grantor by all of the terms and provisions of the Security Agreement to the same extent as each of the other Grantors. The undersigned further agrees, as of the date first above written, that each reference in the Security Agreement to an “Additional Grantor” or a “Grantor” shall also mean and be a reference to the undersigned.

  • Conditions to Each Party’s Obligations under this Agreement The respective obligations of each party under this Agreement shall be subject to the fulfillment at or prior to the Closing Date of the following conditions, none of which may be waived:

  • Obligations Unaffected Any invalidity, illegality or irregularity of a Lease or Leased Vehicle in the 2020-B Reference Pool will not affect the Sponsor’s obligations under this Agreement.

  • Conditions to Obligations of Each Party Under This Agreement The respective obligations of each party to effect the Merger and the other transactions contemplated herein shall be subject to the satisfaction at or prior to the Effective Time of the following conditions, any or all of which may be waived, in whole or in part, to the extent permitted by applicable Law:

  • Obligations Unimpaired The Guarantor authorizes the holders, without notice or demand to the Guarantor and without affecting its obligations hereunder, from time to time: (a) to renew, compromise, extend, accelerate or otherwise change the time for payment of, all or any part of the Notes, the Note Agreement or any other instrument referred to therein; (b) to change any of the representations, covenants, events of default or any other terms or conditions of or pertaining to the Notes, the Note Agreement or any other instrument referred to therein, including, without limitation, decreases or increases in amounts of principal, rates of interest, the Make-Whole Amount or any other obligation; (c) to take and hold security for the payment of the Notes, the Note Agreement or any other instrument referred to therein, for the performance of this Guaranty Agreement or otherwise for the Indebtedness guaranteed hereby and to exchange, enforce, waive, subordinate and release any such security; (d) to apply any such security and to direct the order or manner of sale thereof as the holders in their sole discretion may determine; (e) to obtain additional or substitute endorsers or guarantors; (f) to exercise or refrain from exercising any rights against the Company and others; and (g) to apply any sums, by whomsoever paid or however realized, to the payment of the Guaranteed Obligations and all other obligations owed hereunder. The holders shall have no obligation to proceed against any additional or substitute endorsers or guarantors or to pursue or exhaust any security provided by the Company, the Guarantor or any other Person or to pursue any other remedy available to the holders. If an event permitting the acceleration of the maturity of the principal amount of any Notes shall exist and such acceleration shall at such time be prevented or the right of any holder to receive any payment on account of the Guaranteed Obligations shall at such time be delayed or otherwise affected by reason of the pendency against the Company, the Guarantor or any other guarantors of a case or proceeding under a bankruptcy or insolvency law, the Guarantor agrees that, for purposes of this Guaranty Agreement and its obligations hereunder, the maturity of such principal amount shall be deemed to have been accelerated with the same effect as if the holder thereof had accelerated the same in accordance with the terms of the Note Agreement, and the Guarantor shall forthwith pay such accelerated Guaranteed Obligations.

  • Performance of Obligations under Loan Documents The Borrower will pay the Notes according to the reading, tenor and effect thereof, and the Borrower will, and will cause each Subsidiary to, do and perform every act and discharge all of the obligations to be performed and discharged by them under the Loan Documents, including, without limitation, this Agreement, at the time or times and in the manner specified.

  • Continuing Security Interest; Assignments under the Credit Agreement This Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until the latest of (i) the payment in full in cash of the Secured Obligations, (ii) the Termination Date and (iii) the termination or expiration of all Letters of Credit and all Secured Hedge Agreements, (b) be binding upon each Grantor, its successors and assigns and (c) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of the Secured Parties and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c), any Lender Party may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its Commitments, the Advances owing to it and the Note or Notes, if any, held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lender Party herein or otherwise, in each case as provided in Section 8.07 of the Credit Agreement.

  • IMPLICATIONS UNDER THE LISTING RULES As the relevant percentage ratios (as defined under the Listing Rules) in respect of the maximum amount of financial assistance granted to the Borrowers or their associates pursuant to the Loan Agreement exceed 5% but are under 25%, the transaction contemplated thereunder constitutes a discloseable transaction of the Company and is therefore subject to the announcement requirement but exempt from obtaining Shareholders’ approval under Chapter 14 of the Listing Rules.

  • OBLIGATIONS OF THE EMPLOYER 9.1 The Employer shall- 9.1.1 Create an enabling environment to facilitate effective performance by the employee; 9.1.2 Provide access to skills development and capacity building opportunities; 9.1.3 Work collaboratively with the Employee to solve problems and generate solutions to common problems that may impact on the performance of the Employee; 9.1.4 On the request of the Employee delegate such powers reasonably required by the Employee to enable him to meet the performance objectives and targets established in terms of this Agreement; and 9.1.5 Make available to the Employee such resources as the Employee may reasonably require from time to time assisting him to meet the performance objectives and targets established in terms of this Agreement.

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