Other Rights and Obligations of the Authority
(a) be deemed to have taken possession and control of the Project forthwith;
(b) take possession and control of all materials, stores, implements, construction plants and equipment on or about the Site;
(c) be entitled to restrain the Concessionaire and any person claiming through or under the Concessionaire from entering upon the Site or any part of the Project;
(d) require the Concessionaire to comply with the Divestment Requirements set forth in Clause 34.1; and
(e) succeed upon election by the Authority, without the necessity of any further action by the Concessionaire, to the interests of the Concessionaire under such of the Project Agreements as the Authority may in its discretion deem appropriate, and shall upon such election be liable to the Contractors only for compensation accruing and becoming due and payable to them under the terms of their respective Project Agreements from and after the date the Authority elects to succeed to the interests of the Concessionaire. For the avoidance of doubt, the Concessionaire acknowledges and agrees that all sums claimed by such Contractors as being due and owing for works and services performed or accruing on account of any act, omission or event prior to such date shall constitute debt between the Concessionaire and such Contractors, and the Authority shall not in any manner be liable for such sums. It is further agreed that in the event the Authority elects to cure any outstanding defaults under such Project Agreements, the amount expended by the Authority for this purpose shall be deducted from the Termination Payment.
Other Rights and Obligations. RECRUITMENT AND WORKING CONDITIONS FOR RESEARCHERS
Other Rights and Obligations. The Parties are deemed to have the same rights and obligations under this Agreement that they would have under the relevant GATS provisions, mutatis mutandis, if the market access and national treatment commitments inscribed in Annex 8 were inscribed in their respective specific commitments annexed to GATS.
Other Rights and Obligations. 1. The Entrustor shall transfer the entrusted funds into its account for entrustment loans on a timely basis. The Lender will not commence disbursement procedures in accordance with the entrustment loan agreement and the loan contract etc. until the entrusted funds of the Entrustor have been deposited into its account for entrustment loans.
2. The funds for Entrustment Loan shall be obtained from legitimate sources and may not be credit-extending fund obtained from the Lender; otherwise the Entrustor shall bear legal liability correspondingly.
3. The Entrustor and the Borrower shall provide true materials, including, without limitation, documents, statements and certificates, required by the Lender.
4. The Borrower shall repay the principal of the Entrustment Loan and interest accrued thereon in the same currency as that of the Borrowing, unless otherwise agreed by the Entrustor and the Borrower.
5. The Entrustor shall be responsible for any pre-loan-extending investigation on the Borrower, the surety or the collaterals and make determination upon the Borrower and the surety or the collaterals after necessary analysis and evaluation. The scope of investigation shall include, without limitation, the purpose of the loan, basic information, credit standing, financial condition of the Borrower and the surety and any other things required to be investigated.
6. The Entrustor shall review the conditions for disbursement of the Entrustment Loan. Once the Loan is disbursed by the Lender, it shall be deemed that the Borrowing shall have satisfied all the conditions for disbursement required by the Entrustor .
7. The Entrustor shall be responsible for the collection of the Entrustment Loan, inspection of the use of the Entrustment Loan, understanding the operating activities and financial condition of the Borrower as well as any disputes and security in relation to any indebtedness of the Borrower.
8. Each of the Entrustor and the Lender shall have the right to monitor the use of the Borrowing by the Borrower.
9. The Entrustor shall be entitled to take measures, such as litigation or arbitration, in accordance with applicable law or this Agreement, to recover the principal and interest of the Loan, and the Lender shall give any assistance required for therefor.
10. The Borrower hereby irrevocably authorizes the Lender to debit from the bank account of the Borrower for repayment of the principal of the Entrustment Loan and the interest accrued thereon.
11. If the Bor...
Other Rights and Obligations. The Purchaser shall be entitled to the rights and subject to the obligations created under the Registration Rights Agreement and the Stockholders Agreement, each to the extent set forth therein.
Other Rights and Obligations. All other rights granted under this Agreement and all obligations of the Parties will automatically terminate except as expressly set forth in this Section 15.5 or Section 15.6.
Other Rights and Obligations. All other rights and obligations of the Parties (including MorphoSys’s payment obligations to Xencor; Sections 5.5 through 5.14 shall survive expiration or termination for such payment obligations) shall be unaffected.
Other Rights and Obligations. Except as expressly set forth herein, no license is either granted or implied in the Proprietary Information, patents, inventions, copyrights, or trademarks of either Party. Communications from either Party shall not be in violation of the proprietary rights of any third party. In the event of termination of this Agreement, the receiving Party shall at the option of the disclosing Party either promptly destroy the disclosing Party’s Proprietary Information and certify its destruction, or promptly return it to the disclosing Party. Neither Party is required by this Agreement to disclose Proprietary Information to the other Party; all such disclosures are at the sole discretion of the Disclosing Party. This Agreement does not create any agency, partnership, or business relationship between the parties.
Other Rights and Obligations. Except as set forth above or as expressly set forth in the Agreement, each individual Class A Common Unit, Class B Common Unit and Class C Common Unit shall have the same rights and obligations provided under the Agreement. When reference is made to Percentage Interest or holdings of Partnership Units except as specified in Section 2 of this Annex A, such reference will be adjusted to give effect to this provision, notwithstanding anything to the contrary in the Agreement.
Other Rights and Obligations. (1) The Entrusting Party shall transfer its funds consigned into the account of the Lender for entrustment loans on a timely basis. The Lender will not commence draw-down procedures until the funds of the Entrusting Party have been remitted into the account of the Lender for entrustment loans.
(2) The funds for Entrustment Loan shall be obtained from legitimate sources and may not be credit-extending fund obtained from the Lender; otherwise the Entrusting Party shall bear legal liability correspondingly.
(3) The Entrusting Party and the Borrower shall provide true documents, statements and certificates as required by the Lender.
(4) The Borrower shall repay the principal and interest of this Entrustment Loan in the same currency as lent, unless otherwise agreed by the Entrusting Party and the Borrower.
(5) The Lender shall be entitled to examine the production and operation of the Borrower at any time and the Borrower shall provide active cooperation.
(6) Both the Entrusting Party and the Lender shall have the right to supervise the usage of the loan by the Borrower.
(7) The Entrusting Party shall have the right to take corresponding actions in accordance with law or this Agreement to call back the loan before maturity or settle the principal and interest of the overdue loan and the Lender shall give assistance as necessary.
(8) The Borrower hereby irrevocably authorizes the Lender to deduct relevant amount from its account to repay the principal and interest of this Entrustment Loan.
(9) The Lender will not assume any risk under this Entrustment Loan and will not be involved in any dispute between the Entrusting Party and the Borrower.
(10) Unless otherwise agreed by the parties hereto, the Entrusting Party and the Borrower may not require the Lender to bear any other obligation or risk.
