Subsequent Obligations. If this Contract is terminated for any cause, and at any time, the Parties are obliged to perform their legal obligations to each other, and to third parties, as contracted in this Contract. This includes the assumption of responsibility for loss and damage resulting from the unilateral termination and for causes acceptable to THE CONTRACTOR, where there are mandatory indemnities or compensation to pay. CLAUSE 29-ENVIRONMENT
Subsequent Obligations. In addition to the terms and conditions otherwise contained herein, the obligation of the Lender to make or incur subsequent Obligations is subject to the satisfaction, on the date of making or incurring each such Obligation, of the following conditions:
Subsequent Obligations. In addition to the terms and conditions otherwise contained herein, the obligation of the Bank to extend any Loans or make or incur subsequent Obligations is subject to the satisfaction, on the date of making or incurring each such Obligation, of the following conditions prior to any such extension of credit or making or incurring any such Obligations:
Subsequent Obligations. (1) Where a Termination Notice has been served in the circumstances set out in Article 16.2(3)(b) or Article 16.2(3)(c), the non-breaching Party(ies) shall have the option, but not the obligation, to buy out the breaching Party's Percentage Interest in the Joint Venture in accordance with the following procedures:
Subsequent Obligations. In the event that the Parent exercises Options and purchases shares from Stockholders, as provided above, Parent agrees to take any and all commercially reasonable actions to offer to purchase, and to purchase, or otherwise to acquire (by merger, tender offer or otherwise), as promptly as shall be reasonably practicable under the circumstances all of the outstanding equity securities of the Company at a price per share no less than that paid to the Stockholders pursuant to the foregoing (subject to adjustment to reflect intervening splits, distributions, dividends, stock dividends, recapitalizations or other corporate actions or events); provided, however, that Parent shall not -------- -------- be required to (x) acquire, or expend any money with respect to, any Company Stock Options or any outstanding warrants on terms that are less favorable to Parent than those set forth in the Merger Agreement and the other transactions contemplated in connection with the Offer and the Merger and (y) make any offer on terms and conditions (including the conditions set forth in Annex I of the Merger Agreement) that are less favorable to Parent than the terms and conditions set forth in the Merger Agreement and in the other transactions contemplated in connection with the Offer and the Merger; and provided, further, -------- ------- however, that the obligation of Parent so to acquire equity securities of the ------- Company shall be subject to (i) compliance with applicable law, including filings, waiting periods, consents, etc., to the extent required by law, (ii) the rights, if any, of stockholders of the Company not to have their securities so acquired, and (iii) compliance with any applicable court or governmental orders or decrees, it being understood that the obligation of the Parent (A) includes the obligation to take any and all commercially reasonable actions to satisfy any such conditions and to complete the acquisition provided for above but (B) does not include the obligation to maintain in existence any public offer for such other outstanding equity securities for a period of longer than 20 business days; and provided, further, however, that, except in the event that -------- ------- ------- the Merger Agreement has been terminated prior to the purchase by Parent of Shares pursuant to this Section 7, compliance by Parent with all of its material obligations under the Merger Agreement shall be deemed to satisfy the obligations set forth in this Section 7(d)...
Subsequent Obligations. In the event this contract is terminated for any reason and at any time, the Parties must satisfactorily perform their legal obligations toward each other and with respect to third parties, as well as those assumed by virtue of this contract. This includes, for THE CONTRACTOR, assuming liability for any resulting losses and damages if the contract was unilaterally terminated, and when for reasons attributable to THE CONTRACTOR, there are any indemnifications and compensations of a legal nature.
Subsequent Obligations. This Agreement shall not be construed by either party in any manner to be an obligation to enter into a contract, subsequent contract or to result in any claim whatsoever by one party against the other party for reimbursement of cost for any effort expended hereunder.
Subsequent Obligations. Section 4.2(d) of the Credit Agreement is amended by adding the words "Term Loans and" immediately after the word "for" in the second line thereof.
Subsequent Obligations. Notwithstanding any other provision of this Agreement, Bank shall be obligated to originate Accounts and this Agreement shall become operative upon its execution. Nevertheless, Filene's Basement covenants to satisfy all of the following conditions specified to be complied with:
Subsequent Obligations. If any Key Shareholder continues in the employment of the Purchaser after the end of the Restricted Period as provided in Section 6.5 of the Employment Agreements (the "Continuing Employment") such Person will be bound by the provisions contained in this Section 6.4 during the first two (2) years of such Continuing Employment, and thereafter by a non-competition agreement then generally required by the Purchaser of employees with similar titles and responsibilities.
