Customer’s Obligations definition

Customer’s Obligations means the Customer’s further obligations, if any, referred to in the Key Provisions;
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Customer’s Obligations means the due and punctual observance and performance by the Customer of all liabilities, obligations and agreements (whether contingent, prospective or actual) to the Supplier under or in connection with the Agreement;
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Examples of Customer’s Obligations in a sentence

  • The BNPP Entities’ security interest in the Collateral shall (i) remain in full force and effect until the payment and performance in full of Customer’s Obligations, (ii) be binding upon Customer, its successors and permitted assigns, and (iii) inure to the benefit of, and be enforceable by, the BNPP Entities and their respective successors, transferees and assigns.

  • With respect to Collateral pledged principally to secure Obligations under any Contract, the BNPP Entities shall have the right, but in no event the obligation, to apply all or any portion of such Collateral to Customer’s Obligations to any of the BNPP Entities under any other Contract, to transfer all or any portion of such Collateral to secure Customer’s Obligations to any of the BNPP Entities under any other Contract or to release any such Collateral.

  • The Guarantor will remain liable under this guarantee regardless of whether the Customer has the power to incur the Customer’s Obligations.

  • As the Customer’s Obligations include any contingent liabilities, if the Customer gives any Secured Party (or the Security Agent on their behalf) a guarantee of another person’s liabilities, the Guarantor may be required to pay the Customer’s liabilities under that guarantee.

  • The Guarantor may give one month’s notice to discontinue this guarantee but will remain liable for all the Customer’s Obligations at the date notice is received by the Security Agent and for any further Customer’s Obligations that arise before the expiry of the notice.

  • As the Customer’s Obligations include any contingent liabilities, if the Customer gives the Bank a guarantee of another person’s liabilities, the Guarantor may be required to pay the Customer’s liabilities under that guarantee.

  • Each Guarantor unconditionally and irrevocably guarantees the Customer’s due and punctual performance of all of the Customer’s Obligations.

  • The Supplier may enforce this Guarantee without first having to enforce any of the Supplier’s rights against the Customer or having resort to any other guarantee or Security in relation to the Customer’s Obligations.

  • The Customers shall at all times maintain the sum of (a) Equity Precious Metal, plus (b) the available undrawn face amount of all Letters of Credit which secure the Customer’s Obligations, plus (c) such other Collateral provided by the Customers (other than Precious Metal) as the Metal Lender may approve from time to time and in which the Metal Lender holds solely for its own benefit a first priority perfected security interest, in an amount equal to or greater than the Refining Reserve.

  • This Guarantee is independent of any other guarantee or Security in relation to the Customer’s Obligations.

Related to Customer’s Obligations

  • Obligations means any principal, interest, penalties, fees, indemnifications, reimbursements, damages and other liabilities payable under the documentation governing any Indebtedness.

  • Conditions of Sale means the Conditions of Sale set out in Part 3 of this TenderDocument;

  • Derivatives Obligations of any Person means all obligations of such Person in respect of any rate swap transaction, basis swap, forward rate transaction, commodity swap, commodity option, equity or equity index swap, equity or equity index option, bond option, interest rate option, foreign exchange transaction, cap transaction, floor transaction, collar transaction, currency swap transaction, cross-currency rate swap transaction, currency option or any other similar transaction (including any option with respect to any of the foregoing transactions) or any combination of the foregoing transactions.

  • Safety Obligations means all applicable obligations concerning health and safety (including any duty of care arising at common law, and any obligation arising under statute, statutory instrument or mandatory code of practice) in Great Britain;

  • L/C Obligations means, as at any date of determination, the aggregate amount available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.

  • Secondary emissions means emissions which occur as a result of the construction or operation of a major stationary source or major modification, but do not come from the major stationary source or major modification itself. For the purposes of this chapter, “secondary emissions” must be specific, well-defined, and quantifiable, and must impact the same general areas as the stationary source modification which causes the secondary emissions. “Secondary emissions” includes emissions from any offsite support facility which would not be constructed or increase its emissions except as a result of the construction or operation of the major stationary source or major modification. “Secondary emissions” does not include any emissions which come directly from a mobile source, such as emissions from the tailpipe of a motor vehicle, from a train, or from a vessel.