Optionor’s Obligations Sample Clauses

Optionor’s Obligations. Optionor shall deposit all sums and documents and perform all other acts necessary on the part of Optionor so that the Close of Escrow shall close by the date specified herein, including, without limitation, the following:
AutoNDA by SimpleDocs
Optionor’s Obligations. During the Option Period, in addition to the covenants set forth elsewhere in this Agreement, the Optionors shall:
Optionor’s Obligations. Optionor shall have timely performed all of its obligations required by the terms of this Agreement to be performed by Optionor. If any of Optionee’s Closing Conditions have not been satisfied by the Closing Date, then Optionee shall give Optionor and Escrow Holder written notice on or before the Closing Date specifying the particular condition that has not been satisfied. If Optionee delivers such notice, then Optionor may postpone the Close of Escrow for a period up to ten (10) days after the scheduled Closing Date in order to permit Optionor to take such action as is necessary to cause the closing condition specified in Optionee’s notice to be satisfied. If the condition specified in Optionee’s notice is not satisfied on the Closing Date, as extended, then Optionee may terminate this Agreement by providing written notice of such termination to Optionor and Escrow Holder on or within fifteen (15) days after the extended Closing Date. If Optionee so terminates this Agreement, Escrow Holder shall return the Deposit and all interest accrued thereon to Optionee, and neither party shall have any further obligation hereunder except for the indemnity obligations under Sections 7(e) and 14 hereof.
Optionor’s Obligations. As of the Close of Escrow, Optionor shall have timely performed all of the material obligations required to be performed by Optionor under this Agreement.

Related to Optionor’s Obligations

  • Contractor’s Obligations The Contractor shall fully and timely provide all deliverables described in the Solicitation and in the Contractor’s Offer in strict accordance with the terms, covenants, and conditions of the Contract and all applicable Federal, State, and local laws, rules, and regulations.

  • CUSTOMER'S OBLIGATIONS 8.1 The Customer shall:

  • Managers’ Obligations 4.1 The Managers undertake to use their best endeavours to provide the agreed Management Services as agents for and on behalf of the Owners in accordance with sound ship management practice and to protect and promote the interests of the Owners in all matters relating to the provision of services hereunder. Provided, however, that the Managers in the performance of their management responsibilities under this Agreement shall be entitled to have regard to their overall responsibility in relation to all vessels as may from time to time be entrusted to their management and in particular, but without prejudice to the generality of the foregoing, the Managers shall be entitled to allocate available supplies, manpower and services in such manner as in the prevailing circumstances the Managers in their absolute discretion consider to be fair and reasonable.

  • Owners’ Obligations 5.1 The Owners shall pay all sums due to the Managers punctually in accordance with the terms of this Agreement.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!