Special Obligations Sample Clauses

Special Obligations. All amounts due under this Agreement or the 2022 Note shall be payable and collectible solely out of the Net Pledged Revenues, which revenues are hereby so pledged which pledge is in all respects subordinate to the pledge and lien thereon of the Senior Debt at any time outstanding. The Bank may not look to any general or other fund for the payment of such amounts; this Agreement and the 2022 Note shall not constitute a debt or indebtedness within the meaning of any constitutional, charter, or statutory provision or limitation; and this Agreement and the 2022 Note shall not be considered or held to be general obligations of the Enterprise or the City but shall constitute special obligations of the Enterprise. No statutory or constitutional provision enacted after the execution and delivery of this Agreement or the 2022 Note shall in any manner be construed as limiting or impairing the obligation of the Enterprise to comply with the provisions of this Agreement or the 2022 Note. None of the covenants, agreements, representations and warranties contained herein or in the 2022 Note shall ever impose or shall be construed as imposing any liability, obligation or charge against the Enterprise or the City (except the Net Pledged Revenues and the special funds pledged therefor), or against its general credit, or as payable out of its general fund or out of any funds derived from taxation or out of any other revenue source (other than those pledged therefor). The payment of the amounts due under this Agreement or the 2022 Note is not secured by an encumbrance, mortgage or other pledge of property of the City or the Enterprise, except for the Net Pledged Revenues. No property of the City or the Enterprise, subject to such exception, shall be liable to be forfeited or taken in payment of such amounts.
AutoNDA by SimpleDocs
Special Obligations. This agreement having been concluded in the specific context of the health crisis resulting from the spread of the Covid-19, the host entity undertakes that the conditions of the internship comply with government directives on safety and hygiene at work. In the event of a breach from the host entity, the ULB and / or the trainee reserve the right to terminate this agreement without compensation, if a formal notice sent in writing to the host entity is not followed up by execution within 8 days.
Special Obligations. The investments subject of special agreement between a Contracting Party and an investor of the other Contracting Party, shall be governed by the provisions of the abovementioned agreement, as long as this latter one includes provisions which are more privileged than those contained in the current Agreement.
Special Obligations. All Obligations of Denver Water due under the Loan Documents shall be payable and collectible solely out of the Net Revenue, which is hereby pledged, on a subordinate lien basis, to the payment of such Obligations. The Lender may not look to any other revenues or sources of funds of Denver Water for the payment of such Obligations. The Loan Documents and the Loans shall not constitute a debt or an indebtedness of Denver Water within the meaning of any constitutional, statutory or City Charter provision or limitation; and none of the Loan Documents or the Loans shall be considered or held to be a general obligation of Denver Water but rather shall constitute its special obligation. No constitutional, statutory or City Charter provision enacted after the execution and delivery of the Loan Documents shall in any manner be construed as limiting or impairing the obligation of Denver Water to comply with the provisions of the Loan Documents or to pay the Obligations of Denver Water under the Loan Documents as herein provided.
Special Obligations. Any payment to be made under this Agreement is a special obligation of the City payable solely from the Public Improvement Fund as and to the extent provided in this Agreement. This Agreement does not give rise to a charge against the general credit or taxing powers of the City or any other taxing unit and is not payable except as provided in this Agreement. The Owner and its successors and assigns shall not have the right to demand payment for any Project Costs or other expenditures out of any funds of the City other than the Public Improvement Fund.
Special Obligations. 5.1 Subject to the exceptions noted herein, AMADEUS and TI (on their behalf and on behalf of their Subsidiaries) agree not to invest, alone or with other parties, into similar ventures, in order to develop the offer through websites travel information and on-line purchase of travel-related products for end-users for the markets of Spain, Portugal and the countries of Latin America listed in Attachment B. 5.2 AMADEUS and TI agree to actively promote the website of NewCo. 5.3 It is understood and agreed that, as part of their core business, AMADEUS and its National Marketing Companies and similar distributors may offer internet-based products and services, as well as corporate management solutions, to AMADEUS Subscribers. Examples of these products and services are web booking engines and programmatic interfaces to the AMADEUS System (API). 5.4 TI will have the right to make its own information content available through other websites, not developed by or for NewCo, regardless of the fact that these contents are also used by NewCo. 5.5 TI and AMADEUS and/or any of their Subsidiaries, as the case may be, shall not be bound by the provisions of Article 5.1 above in the event the other Party breaches the special obligation therein described. In addition to the above, AMADEUS shall not, in the countries affected by the activities described below, be bound by the provisions of Article 5.1 in the event that TELEFONICA by itself or through its Affiliates and/or Subsidiaries invests with a significant participation, alone or with other parties, in ventures dedicated to substantially the same purpose as NewCo, without AMADEUS prior written consent.
Special Obligations. The Bonds are payable solely out of the Pledged Revenues and other amounts held under this Indenture. The Bonds are special, self- liquidating obligations of the Issuer and shall not be deemed to be general obligations or debts of any manner or nature of the Issuer or the State within the meaning of or as contemplated by the Constitution of the State, and the credit or taxing power, if any, of the Issuer or the State shall not be pledged therefor. No Owner of any of the Bonds shall ever have the right to compel the exercise of the taxing power, if any, of the Issuer or the State to pay the Bonds or the interest thereon.
AutoNDA by SimpleDocs
Special Obligations. The LICENSEE is obliged to join the EtherCAT Technology Group and obtain an EtherCAT Vendor ID. The LICENSEE acknowledges that the use of the EtherCAT Technology in combination with other functionality, software or protocol may require licenses from third parties and the licensee accepts sole responsibility for obtaining such license. The LICENSEE is aware that these obligations remain in effect even if LICENSEE decides to acquire full version of the PRODUCT from Altera Corporation
Special Obligations. The loan from Lender to Issuer as provided herein, together with the interest thereon, shall not be deemed to constitute a debt or liability of the State or any political subdivision thereof or a pledge of the faith and credit of the State or any political subdivision thereof, but shall be payable solely from the funds provided therefor pursuant to this Agreement. The loan from Lender to Issuer as provided herein is only a special obligation of Issuer as provided by the Act, and Issuer shall under no circumstances be obligated to pay such loan and the interest and premium, if any, thereon or any Acquisition Cost except from Loan Payments received from Borrower and other funds pledged therefor. Neither the faith and credit nor the taxing power of the State or any political subdivision of the State, is pledged to the payment of the principal of, premium, if any, or interest on the loan from Lender to Issuer as provided herein, nor is the State or any political subdivision of the State, in any manner obligated to make any appropriation for such payment. Issuer has no taxing power.
Special Obligations. 3.4.1 The delivery must take place during normal business hours, i.e.: • Monday to Thursday: 7.45 am - 3.00 pm; • Friday: 7.45 am - 2.30 pm; 3.4.2 The goods must be delivered together with a delivery note. The performances related to the delivery of the services are listed in a work order in detail. The delivery note and/or work order must contain at least the following information: • Date and place of delivery; • Number of the Purchase Order; • Identification of the supplier/service provider; • Usual manner of identification of the goods or services supplied; • List of documents to be communicated to Aurubis in accordance with Article 3.4.5; • A detailed list of the services performed with respect to the work order. 3.4.3 After delivery of the goods or services, the delivery note and/or work order must be signed ‘for receipt’ by the person employed by Aurubis for this purpose, to ensure that visible defects in the goods or services are detected when the accepting the goods or services after the expiry of the periods referred to in Article 6. In the absence of a signed ‘for receipt’ delivery note and/or work order, the goods and/or services shall be deemed not to have been accepted and visible defects shall be deemed not to be covered. This presumption is indisputable. 3.4.4 The references and the date of the order will be included on all work orders, delivery notes and transport documents so that it is possible to identify the delivery of the goods or services. 3.4.5 At the time of delivery of the goods or services, the Seller must provide Aurubis with all the documents required in accordance with the law or the specific provisions of the contract of sale. 3.4.6 Together with the goods, the Seller hands over to Aurubis a user manual in Dutch and a list of all parts that are used in these goods. 3.4.7 The Seller shall, unless otherwise expressly stated, in the event the goods to be delivered need to be installed, at no extra cost for Aurubis, either install the goods itself or provide Aurubis with all the information and documentation available so that Aurubis is capable of installing the goods itself. The Seller shall indemnify Aurubis for all actions, claims, demands, proceedings and/or costs arising from an event caused by the negligence or fault of the Seller, its personnel and/or any subcontractor(s) in carrying out the assembly work. 3.4.8 If the Seller installs or delivers the goods or services through his personnel and/or any subcontractor(s), the ...
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!