Obligations of Assignee. Assignee agrees to take and hold the Warrant and any shares of stock to be issued upon exercise of the rights thereunder (the “Securities”) subject to, and to be bound by, the terms and conditions set forth in the Warrant to the same extent as if Assignee were the original holder thereof.
Obligations of Assignee. Assignee agrees to take and hold the Warrant and any units to be issued upon exercise of the rights thereunder (and any units issuable upon conversion thereof) (the “Securities”) subject to, and to be bound by, the terms and conditions set forth in the Warrant to the same extent as if Assignee were the original holder thereof.
Obligations of Assignee. Any assignee of the Equity Interest of a Limited Partner in the Partnership, irrespective of whether such assignee has accepted and adopted in writing the terms and provisions of this Agreement or been admitted as a substituted Limited Partner, shall be deemed by the acceptance of such assignment to have agreed to be subject to the terms and provisions of this Agreement in the same manner as its assignor, and to have assumed the assignor’s Capital Commitment obligation pursuant to Section 4.1 with respect to the Equity Interest in the Partnership assigned.
Obligations of Assignee. Any assignee, irrespective of whether such assignee has accepted and adopted in writing the terms and provisions of this Agreement, shall be deemed by the acceptance of such assignment to have agreed to be subject to the terms and provisions of this Agreement in the same manner as its assignor.
Obligations of Assignee. Assignee shall not be liable for any of the obligations of Assignor or duties of Assignor under the Purchase Agreement, nor shall the Purchase Agreement give rise to any duties or obligations whatsoever on the part of Assignee owing to the Supplier.
Obligations of Assignee. In the event a Contractor Party assigns all or a portion of its rights and obligations arising under this Contract, and the assignment has been approved or deemed approved by SOCAR, the assignor shall, to the extent of the interest assigned, be released from all further obligations and liabilities arising under this Contract after the effective date of such assignment. The assignee with the remaining Contractor Parties shall thereafter be jointly and severally liable for the obligations arising from this Contract, except to the extent otherwise provided under this Contract.
Obligations of Assignee. In the event SOCAR assigns all or part of such interest and the assignment has been approved or deemed approved by Contractor, SOCAR shall, to the extent of such interest assigned, be released from all further obligations and liabilities arising under this Contract after the effective date of such assignment. The assignee shall thereafter be liable for the obligations arising from such interest in this Contract, except to the extent otherwise provided under this Contract.
Obligations of Assignee. In consideration of the foregoing assignment, the Assignee hereby agrees to perform all of the terms and conditions of the Lease to be performed by the lessee therein, including all rental and other payments becoming due, after the Effective Date, and to indemnify and save Assignor harmless from and against any and all claims, demands, losses, liabilities, costs and expenses (including attorneys fees and disbursements) by reason of any default by Assignee under the Lease.
Obligations of Assignee. (a) Assignee shall be responsible for nominating and scheduling with Transporter all service be rendered by Transporter for the benefit of Assignee under this Agreement.
(b) Assignee shall comply with (i) the terms and conditions of Transporter's FTS-1 Rate Schedule, (ii) Appendix A attached hereto, and (iii) the General Terms and Conditions of Transporter's Tariff, under which Assignee shall be deemed to be a "Shipper".
(c) Assignee shall pay Transporter a reservation charge equal to the maximum reservation charge for service under Transporter's FTS-1 Rate Schedule per Dth/day per month, plus any demand surcharges, and (ii) all commodity charges, plus any commodity surcharges, and (iii) any penalties or imbalance correction costs associated with the capacity and service rights 2 Assignment Agreement No. 37929 Control No. 930905-142 FORM OF ASSIGNMENT AGREEMENT (Cont'd) assigned under this Agreement, as set forth in Transporter's currently-effective Tariff, as any of these charges may be adjusted from time to time upon approval of the Federal Energy Regulatory Commission.
Obligations of Assignee. Notwithstanding the assignment in Section 1.1, Assignee understands that Assignor is a publicly-traded company and has or will have obligations to file financial statements with the SEC and/or OTC Markets, accessible by shareholders and investors of Assignor. As such, Assignee agrees to provide all financial materials and supporting materials needed for Assignor to fulfill its filing obligations with the SEC and/or OTC Markets. In addition, Assignee agrees not to make any oral or written statements or otherwise take any action that is intended or may reasonably be expected to disparage the reputation, business, prospects or operations of Assignor.
