Responsibility for Funding Sample Clauses

Responsibility for Funding. If an Estimate involves Capital Expenditure then the Authority shall be responsible for obtaining the necessary funding for such Capital Expenditure unless the Parties have agreed between themselves that the Contractor shall obtain either the whole or part of the necessary funding. Where the Authority is so responsible, it shall pay capital costs to the Contractor in accordance with paragraph 13.4 (Method of Payment of Authority Contribution) below. If the Contractor agrees to obtain the necessary funding pursuant to paragraph 13.1.1 (Responsibility for Funding) above, the Contractor shall use its reasonable endeavours to obtain funding for the whole of the estimated Capital Expenditure (or as otherwise agreed), on terms reasonably satisfactory to it and the Authority.
AutoNDA by SimpleDocs
Responsibility for Funding. The Licensee shall ensure that funding needed to implement its obligations under this Settlement Agreement and the New Project License is provided. The Licensee shall not be excused from its duty to provide such funds due to a failure by any other Party, entity or person to provide funding or carry out a duty, obligation, or responsibility it may have with respect to the Project pursuant to other laws or agreements, including but not limited to the Federal Power Act (16 U.S.C. Section 791 et seq.) and the Xxxxx Xxxxxx Act (California Water Code Section 11900 et seq.). Notwithstanding the foregoing, this Settlement Agreement does not alter or abrogate any duty, obligation or responsibility that any other Party or person may have to provide such funding pursuant to other laws or agreements, nor does this Settlement Agreement prevent the Licensee or any other Party from seeking to enforce such duty, obligation or responsibility. Further, the Licensee shall have no obligation to reimburse or otherwise pay any other Party for its assistance, participation or cooperation in any activities pursuant to this Settlement Agreement of the New Project License unless expressly agreed to by the Licensee or as required by law. In the event of administrative rehearing or judicial review, Parties shall bear their own costs and attorneys’ fees.
Responsibility for Funding. Lessee shall make funds available sufficient to fund payroll and all accounts payable on reasonable terms in the account (s) referred to in Section 2 (D). These funds shall be greater than or equal to the greater of
Responsibility for Funding. Owner shall make funds available sufficient to fund the repair and improvement budget referred to in Section 2(C).
Responsibility for Funding. If an Estimate involves Capital Expenditure then the Authority shall be responsible for obtaining the necessary funding for such Capital Expenditure unless the Parties have agreed between themselves that the Contractor shall obtain either the whole or part of the necessary funding. Where the Authority is so responsible, it shall pay capital costs to the Contractor in accordance with paragraph 150.4 (Method of Payment of Authority Contribution) below.

Related to Responsibility for Funding

  • Responsibility for Costs The Servicer is responsible for collection from such Borrower of any recording or similar costs or expenses incidental to the granting of relief with respect to a delinquent Mortgage Loan.

  • Responsibility for Recitals, Etc The recitals herein and in the Notes (except in the Trustee's certificate of authentication) shall be taken as the statements of the Company, and the Trustee assumes no responsibility for the correctness thereof. The Trustee makes no representations as to the validity or sufficiency of this Eighth Supplemental Indenture or of the Notes. The Trustee shall not be accountable for the use or application by the Company of the Notes or of the proceeds thereof.

  • No Responsibility for Title, etc So long as and to the extent that it is in the exercise of reasonable care, the Custodian shall not be responsible for the title, validity or genuineness of any property or evidence of title thereto received or delivered by it pursuant to this Agreement.

  • Responsibility for documentation Neither the Agent nor the Arranger:

  • No Responsibility for Representations The Warrant Agent shall not be responsible for any of the recitals or representations herein or in the Warrant Certificates (except as to the Warrant Agent’s countersignature thereon), all of which are made solely by the Company.

  • No Responsibility for Certain Matters No Agent shall be responsible to any Lender for the execution, effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made herein or therein or made in any written or oral statements or in any financial or other statements, instruments, reports or certificates or any other documents furnished or made by such Agent to Lenders or by or on behalf of Company to such Agent or any Lender in connection with the Loan Documents and the transactions contemplated thereby or for the financial condition or business affairs of Company or any other Person liable for the payment of any Obligations, nor shall such Agent be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained in any of the Loan Documents or as to the use of the proceeds of the Loans or the use of the Letters of Credit or as to the existence or possible existence of any Event of Default or Potential Event of Default. Anything contained in this Agreement to the contrary notwithstanding, Administrative Agent shall not have any liability arising from confirmations of the amount of outstanding Loans or the Letter of Credit Usage or the component amounts thereof.

  • No Responsibility for Loans, Recitals, etc Neither the Agent nor any of its directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into, or verify (a) any statement, warranty or representation made in connection with any Loan Document or any borrowing hereunder; (b) the performance or observance of any of the covenants or agreements of any obligor under any Loan Document, including, without limitation, any agreement by an obligor to furnish information directly to each Lender; (c) the satisfaction of any condition specified in Article IV, except receipt of items required to be delivered solely to the Agent; (d) the existence or possible existence of any Default or Unmatured Default; (e) the validity, enforceability, effectiveness, sufficiency or genuineness of any Loan Document or any other instrument or writing furnished in connection therewith; (f) the value, sufficiency, creation, perfection or priority of any Lien in any collateral security; or (g) the financial condition of the Borrower or any guarantor of any of the Obligations or of any of the Borrower's or any such guarantor's respective Subsidiaries. The Agent shall have no duty to disclose to the Lenders information that is not required to be furnished by the Borrower to the Agent at such time, but is voluntarily furnished by the Borrower to the Agent (either in its capacity as Agent or in its individual capacity).

  • Responsibility for Contract Administration The Servicer will have the sole obligation to manage, administer, service and make collections on the Contracts and perform or cause to be performed all contractual and customary undertakings of the holder of the Contracts to the Obligor. The Owner Trustee, at the written request of a Servicing Officer, shall furnish the Servicer with any powers of attorney or other documents necessary or appropriate in the opinion of the Owner Trustee to enable the Servicer to carry out its servicing and administrative duties hereunder. The Servicer is hereby appointed the servicer hereunder until such time as any Service Transfer may be effected under Article VIII.

  • Responsibility for Subcustodians Except as provided in the last sentence of this Section 8.6, the Custodian shall be liable to the Fund for any loss or damage to the Fund caused by or resulting from the acts or omissions of any Subcustodian to the extent that such acts or omissions would be deemed to be negligence, gross negligence or willful misconduct in accordance with the terms of the relevant subcustodian agreement under the laws, circumstances and practices prevailing in the place where the act or omission occurred. The liability of the Custodian in respect of the countries and Subcustodians designated by the Custodian, from time to time on the Global Custody Network Listing shall be subject to the additional condition that the Custodian actually recovers such loss or damage from the Subcustodian.

  • No Responsibility for Recitals, Etc The recitals contained herein and in the Notes (except in the Trustee’s certificate of authentication) shall be taken as the statements of the Company, and the Trustee assumes no responsibility for the correctness of the same. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Notes. The Trustee shall not be accountable for the use or application by the Company of any Notes or the proceeds of any Notes authenticated and delivered by the Trustee in conformity with the provisions of this Indenture.

Time is Money Join Law Insider Premium to draft better contracts faster.