Subsidiary Obligations Sample Clauses
The Subsidiary Obligations clause defines the additional duties or responsibilities that a party must fulfill in support of their main contractual obligations. These may include providing necessary documentation, cooperating with other parties, or performing ancillary tasks that facilitate the primary purpose of the agreement. By outlining these supporting requirements, the clause ensures that all necessary actions are taken to achieve the contract’s objectives and helps prevent disputes over incomplete or insufficient performance.
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Subsidiary Obligations. In the case of any obligation, liability or commitment of the Company created by this Agreement that would generally apply to or be understood as an obligation, liability or commitment of the Operating Partnership or other subsidiaries, the Company agrees in its capacity as general partner of the Operating Partnership or in its applicable capacity with respect of such other subsidiaries, to cause the Operating Partnership or such other subsidiaries to perform, honor or pay any such obligation, liability or commitment in accordance with the terms of this Agreement.
Subsidiary Obligations. The obligations of the Subsidiary, including those imposed hereby, are not personally binding upon, nor shall resort be had to the private property of, any of the Trustees of the Parent Fund or the Subsidiary, shareholders, officers, employees or agents of the Subsidiary individually, but are binding only upon the assets and property of the Subsidiary. Any and all personal liability, either at common law or in equity, or by statute or constitution, of every such Trustee, shareholder, officer, employee or agent for any breach by the Subsidiary of any agreement, representation or warranty hereunder is hereby expressly waived as a condition of and in consideration for the execution of this Agreement by the Subsidiary.
Subsidiary Obligations. Pubco and each of the Merger Subs has no liabilities, debts or obligations of any nature (whether accrued, absolute, contingent, liquidated or unliquidated, unasserted or otherwise) except those incurred in connection with this Agreement and the other Transaction Documents to which it is a party and the Transactions, and, other than the Transaction Documents, Pubco and each of the Merger Subs has not agreed to and is not obligated to make, nor is bound by, any written, oral or other agreement, contract, subcontract, lease, binding understanding, instrument, note, option, warranty, purchase order, license, sublicense, insurance policy.