Promises. We both need each other’s assistance to successfully perform this Contract. Therefore, we both promise to comply with Laws and to help each other in enrolling your Site.
Promises. I make the following promises to the Lender:
a. Note and Mortgage. I will comply with all of the terms of the Note and this Mortgage.
Promises. 1. The mortgager’s responsibility
(1) The mortgager promises not to take actions as follows without the agreement of the mortgagee: · Selling, bestowing, renting, lending, transferring, mortgaging or any other ways to deal with the whole or major property. · Big changes occurred on management system and property right format. It includes but not limited to contract, rent, operate, transformation to company, shareholding reform, stock right transfer, merge or take over, joint or cooperate with other ventures, be separated, open new branches, property right transfer or reduce capital. · Amend company’s regulations change the scope of the company and the main business lines. · providing guarantee to the third party which lead to the adverse effects on the mortgage’s finance and the mortgage’s capacity to carry out obligations. · Apply to reorganize, go bankrupt or dissolute the company. · To sign some contract or agreement that would had a adverse effect on the mortgager’s capacity to comply with this contract or shoulder some responsibility that may have the same result like this.
(2) The mortgager promises that the mortgager will be noticed immediately when any of the following accidents occur. At the same time the mortgager must provide the related original notice to the mortgagee within five days right after the accident occur (companies’, organizations’ or the like should be with official seal, for natural people it should be signed). · Accidents that result in the inaccurate and untruthful of the mortgager’s statement occur. · Mortgage or controlling shareholders, actual controllers or their associates are involved in litigation, arbitration or the assets get seized ,be closed down. Be frozen, be enforced legaly or be taken care with other measures which have the same effect, or their legal representative, director, matter, senior management are involved in litigation, arbitration or other enforcement measures. · Xxxxxxxxx's legal representative (if any), the responsible person, the authorized representative of the main financial responsibility, mailing address, office location get change. The mortgagor changes the domicile, habitual residence, changes their work units, leave the city he lives for a long time, changed his name or adverse changes in income levels. · Ownership of collateral causes dispute, or the mortgage will or may be subjected to a third party · Be applied to get reoranized ,bankcrupt by other creditors, or be revocated by superiors.
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Promises. I make the following promises to the Lender:
Promises. (a) Upon execution of this Settlement Agreement in exchange for and in consideration of the promises of Tangiers and its release of claims as set forth herein below, Defendants promise the following: Sierra Global, I.XX shall pay to Tangiers a total of $45,500 ("Settlement Amount"). The first payment in the amount of $22,750.00 shall be tendered to 'Tangiers upon execution of this Settlement Agreement, with the balance to be paid no later than thirty (30) days from the date of execution of this Settlement Agreement. Payments shall be made by wire transfer or cashier’s check made payable to Tangiers Investors. L.P. Payments shall be tendered to Tangiers at 400 X. Xxxxxxxx, Xxxxx 000, Xxx Xxxxx, Xxxxxxxxxx 00000.
(b) Pursuant to the Prior Settlement Agreement, STARRS and MYEC are liable jointly and severally for payment of the entire $45,500 due thereunder. If Sierra Global. LLC fails to pay the entire Settlement Amount in consideration for the convertible debenture the unpaid balance shall be owed by SLUMS and MYEC jointly and severally.
(c) Upon execution of this Settlement Agreement, in exchange for and in consideration of these promises of STARRS and MYEC and their release of claims as set forth herein below, Tangiers promises the following: No later than three business days from the date that funds clear in Tangiers's account for the total amount of the Settlement Amount ($45,500), Tangiers shall tender to Sierra Global, LLC the convertible debenture that was the subject of the Action at the address for notice listed herein.
(d) Tangiers's release of claims set forth below shall only become effective upon the date that funds for the ball Settlement Amount ($45,500) clear in Tangiers's bank account.
(e) If Sierra Global. LLC fails to tender payment of the full Settlement Amount ($45.500) to Tangiers within thirty days of the execution of this Settlement Agreement. MYEC and STARRS stipulate to the entry of judgment in El Dorado County Superior Court for any unpaid balance of the Settlement Amount. Said stipulated judgment shall be entered against STARRS and MYEC jointly and severally.
Promises. Executive makes the following promises regarding Protected Information.
Promises. You make the following promises regarding Protected Information. Nothing in the following promises is intended to restrict your opportunities for employment, those are the subject of the restrictions outlined in the Restrictive Covenants section below. The promises in this section are made to ensure that you do not use Protected Information except for the Company’s benefit.
Promises assurances and guarantees on our part, or agreements diverging from these GTS in connection with the conclusion of the contract become binding only on our written confirmation.
Promises. 4.1 Each Host Institution will:
4.1.1 perform its part of the Cancer Grand Challenge and provide its Contributions diligently in accordance with the Plan;
4.1.2 act reasonably, in good faith and towards achieving the Objective in performing its obligations and exercising its rights under this Agreement;
4.1.3 use reasonable efforts to achieve the Milestones and complete the Objective during the Award Period;
4.1.4 involve patient advocates and other stakeholders in the Cancer Grand Challenge as described in the Application, consistent with the expectations for patient advocate involvement identified in the Award Management and Funding Policy Guide;
4.1.5 comply strictly with each of:
4.5.1 the Award Management and Funding Policy Guide;
4.5.2 the Commercialisation Policy;
4.5.3 NCI CGC OT Policy Guide;
4.5.4 terms imposed under any NCI Notice of Award; and
4.1.6 use its Funding only in the manner, and for the purposes, described in this Agreement and the NCI Notice of Award and CRUK GALs issued to it.
4.2 For the avoidance of doubt, the Parties acknowledge and agree that NCI will award funds through a US government obligating instrument. Accordingly, each Host Institution acknowledges and agrees, whilst being bound by the terms of this Agreement, that it is also and independently bound to NCI in respect of each and every obligation to NCI under this Agreement (and the Award Management and Funding Policy Guide, NCI CGC OT Policy Guide and Commercialisation Policy) and the terms and conditions of any NCI Notice of Award or otherwise (“NCI Directly Enforceable Rights”).
Promises. 5.1 Party A hereby promises:
5.1.1 to be responsible to urge the relevant personnel (except for Party B) to sign the legal documents required to transact the alteration of legal representatives/principals, directors, supervisors, preschool masters/schoolmaster of Jilin Kid Castle and 3 educational institutions and provide the data required by the relevant competent authorities.
5.1.2 to assist Party B to implement all the rights and obligations related with the equity transfer and those owned by Party A in the memorandum of Jilin Kid Castle, recall all the directors and supervisors dispatched to the company and 3 educational institutions and the legal representatives/principals of educational institutions, and these positions shall be succeeded by the relevant personnel dispatched by Party B; this work shall be implemented at the same time according to the regulation of article 3.3 of this agreement about the handover work, and the duty handover will become effective since the handover day.
5.1.3 Party A promises to submit the written confirmation letter issued by Jilin Building Decoration Group Ltd to Jilin Kid Castle (the content of confirmation letter is: we have not any loan and debt relationship with Jilin Kid Castle Educational Investment Development Ltd till some day (15 to 20) of March 2007) to Party B within 5 days after the signature of this agreement. Moreover, the debts of Jilin Kid Castle and 3 educational institutions listed in the appendix of this agreement and the debts after the equity transfer affair in this agreement is completed shall be undertaken by Party B according to the law. The loan and debt relationship formed in the name of Jilin Kid Castle and 3 educational institutions without the written consent of Party B after this agreement becomes effective but before all the relevant alteration registration procedures are completed shall be undertaken independently by Party A according to the law and agreement. Party A shall undertake the joint liability for all the exterior debts and liabilities of the company and 3 educational institutions occurred before the signature of this agreement but unlisted in the appendix of this agreement; if Party B, the company or the educational institution therefore undertakes the liabilities, Party B, the company or the educational institution is entitled to claim compensation from Party A.
5.1.4 Party A shall stop implementing the shareholder rights of Jilin Kid Castle interiorly after the handover is...
