The Purchaser undertakes to Sample Clauses
This clause establishes the obligations that the purchaser is committing to fulfill under the agreement. It typically outlines specific actions, responsibilities, or standards the purchaser must adhere to, such as making timely payments, providing necessary information, or complying with certain procedures. By clearly defining what the purchaser is required to do, this clause ensures both parties understand the purchaser's role and helps prevent disputes by setting clear expectations.
The Purchaser undertakes to. 2.1 establish or procure the establishment of a retirement benefits scheme or schemes, by the Pension Transfer Date, in a form capable of approval by the Board of Inland Revenue as an exempt approved scheme under Chapter 1 of Part XIV of ICTA 1988 or nominate an existing retirement benefits scheme which is so approved and which is able and willing to accept a transfer payment from the GEC Scheme in respect of each Transferring Member in accordance with the provisions of this part of this Schedule;
2.2 notify GEC in writing with particulars of the Transferee Scheme; and
2.3 invite the Transferring Employees to become members of the Transferee Scheme with effect from the Pension Transfer Date.
The Purchaser undertakes to. ▪ assign a Project Manager to co-ordinate all Purchaser personnel, activities and resources. The Purchaser’s Project Manager shall have relevant project management and system implementation experience to carry out the duties required. ▪ make available in a timely manner nominated personnel during nominated project activities specified or agreed between the parties in accordance with the Timetable ▪ provide and support the System platform (including server, network, desktop, operating system and database) in accordance with Supplier recommendations set out in this Agreement or agreed between the parties in writing from time to time ▪ provide wherever possible a suitable work environment, including System access to enable Supplier personnel to efficiently perform tasks provided that the Supplier provides the Purchaser with reasonable notice of the on-site resources and remote access required by the Supplier reasonably in advance ▪ perform, and secure performance by Purchaser’s personnel, of implementation and Acceptance tasks in accordance with this Agreement and the Timetable ▪ define and prepare System month-end, year-end and user procedures, subject to agreement with the supplier. ▪ notify the Supplier of any change to the System which the Purchaser is aware will affect the performance of the Software. ▪ notify the Supplier of any change which the Purchaser is aware will affect the performance of the Supplier under this agreement. Page7 ▪ The Purchaser acknowledges that all commercial and service delivery for the Infor SunSystems application for this project will be managed and co-ordinated by the Supplier to avoid risk to the on-going delivery and support of the system. ▪ Offer the Supplier in the first instance the opportunity to bid for any additional pieces of work relevant to the Infor SunSystems application.
The Purchaser undertakes to accept transfer of the Property as defined and renumbered in the sectional plan approved by the municipality and the surveyor-general and in particular if:
14.3.1 the boundaries or the area of the Unit or any other Unit or building differs in minor respects from the boundaries or areas shown on the Draft Sectional Development Plan annexed hereto; and / or
14.3.2 the number of the Unit being altered or the undivided share in the common property attaching to the Unit is altered; and / or
14.3.3 the exclusive use area (if applicable) adjoining the Unit is altered.
The Purchaser undertakes to. (a) sign any and all further documents and provide any and all further information, such information to be complete, accurate and up to date in all respects, which Kincrome may reasonably require to register a financing statement or a financing change statement on the Personal Property Securities Register established under the PPSA;
(b) not register a financing change statement or an amendment demand in relation to any security interest created by this Agreement without the prior written consent of Kincrome; and
(c) give Kincrome not less than fourteen (14) days prior written notice of any proposed changes in Purchaser’s name or any other change in Purchaser’s details
The Purchaser undertakes to. 2.1 establish or procure the establishment of a retirement benefits scheme or a personal pension scheme or schemes, by the Pension Transfer Date, in a form capable of approval by the Board of Inland Revenue as an exempt approved scheme under Chapter 1 or Chapter IV of Part XIV of ICTA 1988 or nominate an existing retirement benefits scheme which is so approved and which is able and willing to accept a transfer payment from the GEC Scheme in respect of each Transferring Member in accordance with the provisions of this Part of this Schedule;
2.2 notify GEC in writing with particulars of the Transferee Scheme; and
2.3 invite the Transferring Employees who remain members of the GEC Scheme and who have not reached their normal retirement date to become members of the Transferee Scheme with effect from the Pension Transfer Date.
3.1 GEC undertakes that it will take all reasonable endeavours (including obtaining the consent of the Pension Schemes Office of the Inland Revenue) as are necessary to permit the Transferring Employees and the Company to continue to participate in the GEC Scheme for all pension and death in service benefits during the Interim Period as members and associated employer.
3.2 GEC undertakes to procure that during the Interim Period no amendments will be made to the GEC Scheme or payment made from the GEC Scheme which will adversely affect the Transfer Amount and that any increase in the rate of contributions to the GEC Scheme shall not apply to the Company or to any of the Transferring Employees without, in either case, GEC giving such notice as is reasonably practicable in the circumstances, being at least two weeks.
3.3 GEC undertakes to procure that the GEC Scheme will not be terminated or commence to wind-up during the Interim Period without giving such notice in writing as is reasonably practicable in the circumstances, being at least two weeks.