Responsibilities of Newco Sample Clauses

Responsibilities of Newco. In conducting the R&D Activities and fulfilling its other obligations under this Agreement, Newco shall comply with all applicable laws, regulations, rules, ordinances and other legal and administrative obligations applicable thereto, including without limitation the terms of any applicable FCC License. Newco shall be responsible to secure and maintain in effect, at its expense, all licenses, permits, rights-of-way, approvals, and any other arrangements necessary for carrying out the R&D Activities and for using the Satellite Network to research, develop and test New Satellite Services, including without limitation all required FCC or other governmental licenses, permits or approvals, but excluding those items which Motient Services is responsible to obtain as specified in Section 6.1. Newco shall confer with Motient Services prior to obtaining any additional licenses, permits, rights-of-way, approvals or other arrangements for which it is responsible, to allow Motient Services to coordinate such activities with its own regulatory compliance program. Upon request by Newco, Motient Services shall provide Newco with reasonable cooperation and support to assist Newco in obtaining any such licenses, permits, rights-of-way, approvals or other arrangements, and, if requested by Newco, Motient Services shall obtain any such license, permit, right-of-way, approval or other arrangement in its own name; provided that Newco shall be responsible to reimburse Motient Services for any costs incurred by it to obtain and/or maintain any FCC licenses, permits, and approvals that would otherwise be the responsibility of Newco under this Section 6.2. Newco shall use the Satellite Network only for lawful purposes and in compliance with all applicable rules, policies and regulations of Motient Services, the FCC and those of any other federal, state, or local governmental agencies.
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Responsibilities of Newco 
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Related to Responsibilities of Newco

  • Responsibilities of Seller Anything herein to the contrary notwithstanding, the exercise by the Agent and the Purchasers of their rights hereunder shall not release the Servicer, Originator or Seller from any of their duties or obligations with respect to any Receivables or under the related Contracts. The Purchasers shall have no obligation or liability with respect to any Receivables or related Contracts, nor shall any of them be obligated to perform the obligations of Seller.

  • Responsibilities of the Company 11.1 The Company agrees that it will perform, execute, acknowledge and deliver or cause to be performed, executed, acknowledged and delivered all such further and other acts, documents, instruments and assurances as may reasonably be required by the Transfer Agent for the carrying out, or performing by the Transfer Agent of the provisions of this Agreement.

  • Responsibilities of the Sponsor In connection with the issue and sale of the Preferred Securities, the Sponsor shall have the exclusive right and responsibility to engage in the following activities:

  • Responsibilities of the Parties 7.1. Rostelecom and the User bear responsibility for non-fulfillment or improper fulfillment of their responsibilities in the Agreement in accordance with the current law of the Russian Federation, (including the Regulations) and the Agreement.

  • Responsibilities of Adviser Without limiting the generality of the foregoing, the Adviser shall, during the term and subject to the provisions of this Agreement:

  • Responsibilities of the Borrower (a) Anything herein to the contrary notwithstanding, the Borrower shall: (i) perform all of its obligations, if any, under the Contracts related to the Pool Receivables to the same extent as if interests in such Pool Receivables had not been transferred hereunder, and the exercise by the Administrative Agent, or any other Credit Party of their respective rights hereunder shall not relieve the Borrower from such obligations and (ii) pay when due any taxes, including any sales taxes payable in connection with the Pool Receivables and their creation and satisfaction. None of the Credit Parties shall have any obligation or liability with respect to any Collateral, nor shall any of them be obligated to perform any of the obligations of the Borrower, the Servicer or any Originator thereunder.

  • DUTIES AND RESPONSIBILITIES OF FMFS FMFS shall perform all of the customary services of a transfer agent and dividend disbursing agent, and as relevant, agent in connection with accumulation, open account or similar plans (including without limitation any periodic investment plan or periodic withdrawal program), including but not limited to:

  • Responsibilities of the Seller (a) Anything herein to the contrary notwithstanding, the Seller shall: (i) perform all of its obligations, if any, under the Contracts related to the Pool Receivables to the same extent as if interests in such Pool Receivables had not been transferred hereunder, and the exercise by the Administrator, the Purchaser Agents or the Purchasers of their respective rights hereunder shall not relieve the Seller from such obligations, and (ii) pay when due any taxes, including any sales taxes payable in connection with the Pool Receivables and their creation and satisfaction. The Administrator, the Purchaser Agents or any of the Purchasers shall not have any obligation or liability with respect to any Pool Asset, nor shall any of them be obligated to perform any of the obligations of the Seller, Servicer, WESCO or the Originators thereunder.

  • Responsibilities of the Transfer Agent The Transfer Agent undertakes the duties and obligations imposed by this Agreement upon the following terms and conditions, by all of which the Fund, by its acceptance hereof, shall be bound:

  • Responsibilities and Duties (a) As President and Chief Executive Officer, the Executive shall serve under the board of directors of the Corporation and will perform all duties and will have all powers associated with these positions, as set forth in any job description provided to the Executive by the Corporation or as may be set forth in the bylaws of the Corporation. In addition, the Executive shall be responsible for establishing the business objectives, policies and strategic plans of the Corporation. The Executive shall report directly to the board of directors of the Corporation.

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