Committed Obligations definition

Committed Obligations means any of the Franchisee's obligations listed in Part 1 (Committed Obligations and Related Provisions) to Schedule 6.1 (Committed Obligations and Related Provisions);

Committed Obligations means the Economic Development Obligations, as stated in Annexes 2, 3, 4, 5, 6, 7 and 8;

Committed Obligations means any of the Franchisee’s obligations listed

Examples of Committed Obligations in a sentence

• The Department is aware that not all aspects of Delivery Plans lend themselves to Committed Obligations.

• Where the Franchisee is committed to liaison and co-operation under Part 1 (List of Committed Obligations) to this Schedule 6.1, it shall participate actively in the relevant measures including through the application of management time and internal resources, correspondence and attendance at meetings, in each case as the Franchisee reasonably considers in all the circumstances to be an appropriate use of its resources and effective to help achieve the relevant objective.

• This Part 2 of this Schedule 6.1 sets out further terms which apply to the Committed Obligations set out in Part 1 (List of Committed Obligations) to this Schedule 6.1 and the references to Committed Obligations in this Part 2 of this Schedule 6.1 are only to the Committed Obligations in Part 1 (List of Committed Obligations) of this Schedule 6.1.

• If the Franchisee fails to deliver in full a Committed Obligation in accordance with and by the timeframe specified for its delivery in Part 1 (List of Committed Obligations) to this Schedule 6.1, such late, partial or non-delivery shall constitute a contravention of the Franchise Agreement.

• All Committed Obligations shall be recorded in the Part 4 Legal Response and need to include a clearly defined measurable target, an appropriate time limit for delivery and a proportionate Committed Obligation Payment Adjustment (“COPA”) if delivery is delayed.

More Definitions of Committed Obligations

Committed Obligations or “COs” means any of the Franchisee’s obligations listed in Part 1 (Committed Obligations) of Schedule 6.2 (Committed Obligations) or any other obligation of the Franchisee expressed as a Committed Obligation under this Franchise Agreement;

Committed Obligations means any of the Franchisee's obligations listed

Committed Obligations or “COs” means any of LNER's obligations listed in Part 1 (Committed Obligations) of Schedule 6.2 (Committed Obligations) or any other obligation of LNER expressed as a Committed Obligation under this Agreement;

Committed Obligations means any of the Operator’s obligations listed in Schedule 9.1 (List of Committed Obligations);

Committed Obligations means Revolving Loans, including the LOC Obligations, as a subfacility of the Revolving Loans.

Committed Obligations means any of the ODP’s obligations listed in Part 1

Committed Obligations means the Franchisee's obligations listed in Schedule 12 (Committed Obligations);