Examples of Affiliate Obligations in a sentence
The Affiliate acknowledges and agrees that if the Affiliate knowingly breaches of any of the Affiliate Obligations or Intellectual Property provisions set forth in Sections 3 and/or Section 5 of this Agreement, then in such event the Affiliate will have forfeited his right to receive, and WTFast shall have the right immediately and permanently to discontinue payment of, any commission that would otherwise be payable to the Affiliate under Section 4 of this Agreement without any recourse by the Affiliate.
Section 19.5 of the Disclosure Schedules includes a complete list of all Support and Affiliate Obligations; provided that Section 19.5 of the Disclosure Schedules may be updated to include any additional Support and Affiliate Obligations arising under a Project Contract approved by Purchaser pursuant to Section 5.18 (but only if the associated Support and Affiliate Obligation is specifically identified to, and approved in writing by, Purchaser).
On and after the Effective Time, none of the Purchaser, the Company, the Subsidiary or any of their Affiliates shall have any obligations or liabilities arising out of or pursuant to any Terminated Affiliate Obligations.
Schedule 2.04 contains a true and complete list of all current Support and Affiliate Obligations, except to the extent that item 1 on such Schedule 2.04 has been replaced by a guaranty in a form substantially similar to such item 1.
During the Interim Period, Purchaser shall use commercially reasonable efforts to replace each of the Support and Affiliate Obligations set forth on Schedule 2.04 with parent guarantees, letters of credit, bonds, indemnities or another credit assurance of a comparable and sufficient nature, or in the form of “back- to-back” credit assurance, in each case in a form that satisfies the requirements of the counterparties as specified in Schedule 2.04.