PURCHASER'S GENERAL OBLIGATIONS Sample Clauses

PURCHASER'S GENERAL OBLIGATIONS. The Purchaser hereby covenants and agrees that, prior to Completion no member of the Purchasers' Group (or any employee, director, agent, representative or adviser thereof) other than those persons who have been identified in writing (the APPROVED PERSONS) to M. J. Xxxxxx, X. D. Taylxx xx P.J.L. Zinkxx (xxe NOTIFIED PERSONS) shall approach or communicate with any employee, agent, representative, adviser, supplier or customer of the Vendor regarding the Operations or visit any of the Properties and no Approved Person shall take any such action if notified by the Notified Persons of their reasonable objections thereto.
AutoNDA by SimpleDocs
PURCHASER'S GENERAL OBLIGATIONS. If at any time after Completion the Purchaser receives any monies representing Debtors, then the Purchaser shall pay to the Vendor as soon as reasonably practicable the amount so received less any Taxation which would not have arisen but for the receipt of such monies.
PURCHASER'S GENERAL OBLIGATIONS. Each Purchaser hereby covenants and agrees that, prior to Closing, only those employees, directors, agents, representatives or advisors of Purchasers who have been identified in writing to Georxx X. Xxxxxxxx, XXI, Petex Xxxxxx xxx Hans X. Xxxndorff shall communicate with any employees, agents, representatives, advisors, suppliers, customers or prospects of the Vendors regarding the transactions contemplated by this Agreement or visit any of the Real Properties.
PURCHASER'S GENERAL OBLIGATIONS. (a) The Purchaser undertakes to the Vendor that until the earlier of the Final Date and the transfer of all the Deferred Assets pursuant to this Agreement the Purchaser shall not undertake any trading or business activities other than the acquisition, ownership, financing (including related activities such as hedging) and disposal of the Initial Transfer Assets or the Deferred Assets and other activities required by the Transaction Documents, as well as any and all activities related to such acquisition, ownership, financing and disposal of the Initial Transfer Assets or the Deferred Assets. (b) Except as expressly permitted by this Agreement, the Purchaser shall not engage in any activity which would materially impair the Purchaser’s ability to borrow funds under the Stapled Financing Agreement, including, without limitation, any activity reasonably likely to violate standard and customary covenants for a special purpose entity acting as borrower in non-recourse asset acquisition loan facilities; provided that, upon entering into the Stapled Financing Agreement, the Purchaser shall provide to the Vendor a copy of the actual special purpose covenants contained therein, following which the Purchaser’s covenants in this sub-clause (b) shall be defined by such actual covenants. Vendor shall not cause the Company to, or direct a Group Undertaking to, violate any special purpose covenant of which the Vendor has actual knowledge during the period from Initial Transfer to Completion.

Related to PURCHASER'S GENERAL OBLIGATIONS

  • Your General Obligations 6.1 Full information You must give us any information we reasonably require for the purposes of this contract. The information must be correct, and you must not mislead or deceive us in relation to any information provided to us. 6.2 Updating information You must tell us promptly if information you have provided to us changes, including if your billing address changes or if your use of energy changes (for example, if you start running a business at the premises).

  • General Obligation Except as permitted by Clause 14.2, all Confidential Information shall be held confidential during and after the continuance of this contract and shall not be divulged in any way to any third party without the prior written approval of the other party.

  • General Obligations 1. Each Party shall apply its measures relating to the provisions of this Chapter in accordance with Article 116 (General Principles) and, in particular, shall expeditiously apply those measures so as to avoid unduly impairing or delaying trade in goods or services or conduct of investment activities under this Agreement. 2. Nothing in this Chapter shall be construed to prevent a Party from applying measures to regulate the entry of natural persons into, or their temporary stay in, its territory, including those measures necessary to protect the integrity of, and to ensure the orderly movement of natural persons across, its borders, provided that such measures are not applied in such a manner as to unduly impair or delay trade in goods or services or conduct of investment activities under this Agreement.

  • General Obligations of the Parties A. Recognition of Higher Education Partner, Promotion, Marketing, and Advertising 1) When reporting and publicizing high school students’ completion of dual credit courses, degrees, or certificates, Xxxxxxx ISD will recognize Collin College as their higher education partner awarding college credit. Both Parties agree not to use the other Party’s name, logo, or likeness in any press release, marketing materials, or other public announcements without receiving prior written approval from an authorized designee. B. Understanding of the Parties 1) Both parties understand the safety and security risks inherent with minors and agree that certain risks may be unforeseeable. Further, the Parties agree that the public safety departments from both Collin College and Xxxxxxx ISD will collaborate to develop and/or review safety and security standards and/or guidelines, including emergency response. 2) In accordance with FERPA, Collin College and Xxxxxxx ISD will protect students’ privacy and guard against the unauthorized release of identifying student information and records, and comply with all applicable requirements of FERPA.

  • Several Obligations No Lender shall be responsible for the failure of any other Lender to make a Loan or to perform any other obligation to be made or performed by such other Lender hereunder, and the failure of any Lender to make a Loan or to perform any other obligation to be made or performed by it hereunder shall not relieve the obligation of any other Lender to make any Loan or to perform any other obligation to be made or performed by such other Lender.

  • Several Obligations; No Liability Notwithstanding that certain of the Loan Documents now or hereafter may have been or will be executed only by or in favor of Agent in its capacity as such, and not by or in favor of the Lenders, any and all obligations on the part of Agent (if any) to make any credit available hereunder shall constitute the several (and not joint) obligations of the respective Lenders on a ratable basis, according to their respective Commitments, to make an amount of such credit not to exceed, in principal amount, at any one time outstanding, the amount of their respective Commitments. Nothing contained herein shall confer upon any Lender any interest in, or subject any Lender to any liability for, or in respect of, the business, assets, profits, losses, or liabilities of any other Lender. Each Lender shall be solely responsible for notifying its Participants of any matters relating to the Loan Documents to the extent any such notice may be required, and no Lender shall have any obligation, duty, or liability to any Participant of any other Lender. Except as provided in Section 15.7, no member of the Lender Group shall have any liability for the acts of any other member of the Lender Group. No Lender shall be responsible to any Borrower or any other Person for any failure by any other Lender (or Bank Product Provider) to fulfill its obligations to make credit available hereunder, nor to advance for such Lender (or Bank Product Provider) or on its behalf, nor to take any other action on behalf of such Lender (or Bank Product Provider) hereunder or in connection with the financing contemplated herein.

  • Borrowings; Several Obligations Each Loan shall be made as part of a Borrowing consisting of Loans made by the Lenders ratably in accordance with their respective Commitments. The failure of any Lender to make any Loan required to be made by it shall not relieve any other Lender of its obligations hereunder; provided that the Commitments are several and no Lender shall be responsible for any other Lender’s failure to make Loans as required.

  • Several Obligations; Nonreliance; Violation of Law The respective obligations of the Lenders hereunder are several and not joint and the failure of any Lender to make any Loan or perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder. Each Lender hereby represents that it is not relying on or looking to any margin stock (as defined in Regulation U of the Board) for the repayment of the Borrowings provided for herein. Anything contained in this Agreement to the contrary notwithstanding, neither the Issuing Bank nor any Lender shall be obligated to extend credit to the Borrowers in violation of any Requirement of Law.

  • Several Obligations; Remedies Independent The failure of any Lender to make any Loan to be made by it on the date specified therefor shall not relieve any other Lender of its obligation to make its Loan on such date, but neither any Lender nor any Agent shall be responsible for the failure of any other Lender to make a Loan to be made by such other Lender, and (except as otherwise provided in Section 4.6 hereof) no Lender shall have any obligation to any Agent or any other Lender for the failure by such Lender to make any Loan required to be made by such Lender. The amounts payable by the Company at any time hereunder and under the Note to each Lender shall be a separate and independent debt and each Lender shall be entitled to protect and enforce its rights arising out of this Agreement and the Notes, and it shall not be necessary for any other Lender or any Agent to consent to, or be joined as an additional party in, any proceedings for such purposes.

  • Joint and Several Obligations Except as otherwise stated herein, the obligations of NYISO, Developer and Connecting Transmission Owner are several, and are neither joint nor joint and several.

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