PMI Obligations Clause Samples
The "PMI Obligations" clause defines the specific duties and responsibilities that the Project Management Institute (PMI) or a party acting in a project management capacity must fulfill under the agreement. Typically, this clause outlines tasks such as overseeing project timelines, ensuring compliance with project standards, and providing regular progress reports to stakeholders. By clearly delineating these obligations, the clause ensures accountability and helps prevent misunderstandings regarding the scope and expectations of the project manager's role.
PMI Obligations. The Servicer shall comply with all provisions of applicable state and federal law relating to the cancellation of, or collection of premiums with respect to, PMI Policies, including, but not limited to, the provisions of the Homeowners Protection Act of 1998, and all regulations promulgated thereunder, as amended from time to time.
PMI Obligations. The Seller shall comply with all provisions of applicable state and federal law relating to the cancellation of, or collection of premiums with respect to, PMI Policies, including, but not limited to, the provisions of the Homeowners Protection Act of 1998, and all regulations promulgated thereunder, as amended from time to time. If the Mortgagor fails to pay any PMI Policy premium, the Seller shall be obligated to make such premium payments.
PMI Obligations. The Interim Servicer shall comply with all provisions of applicable state and federal law relating to the cancellation of, or collection of premiums with respect to, PMI Policies, including, but not limited to, the provisions of the Homeowners Protection Act of 1998, and all regulations promulgated thereunder, as amended from time to time. If the Mortgagor fails to pay any PMI Policy premium, the Interim Servicer shall be obligated to make such premium payments.
PMI Obligations. The Company shall comply with all provisions of applicable state and federal law relating to the cancellation of, or collection of premiums with respect to, PMI Policies, including, but not limited to, the provisions of the Homeowners Protection Act of 1998, and all regulations promulgated thereunder, as amended from time to time.
PMI Obligations. 4.1 In the exercise of reasonable, good faith business judgment, PMI will pursue FDA approval for all PMI Products in the MSD Field, and in particular, will file with the FDA all submissions necessary to obtain clearance for use of Parallax TRACERS Radio Opaque Bone Cement for vertebroplasty indications.
4.2 PMI will use its best efforts to develop extensions of, improvements to and additions to the PMI Product line to serve the percutaneous bone augmentation market for spinal applications.
4.3 PMI will provide to MSD reasonable guidance and assistance with respect to the marketing and sale of PMI Products to orthopedic spine surgeons, neurosurgeons, inierventional radiologists and neuroradiologists.
4.4 PMI will use its best efforts to obtain the CE ▇▇▇▇ for all PMI Products.
4.5 PMI will maintain the capacity for and provide product development, product support, sales personnel training and physician training to the extent reasonably requested by MSD in support of its obligations under this Agreement.
4.6 Nothing herein grants to MSD any license or right, express or implied, under any Intellectual Property owned or controlled by PMI.