Durable Obligation Sample Clauses

Durable Obligation. This Guaranty shall be a continuing one for the payment of any and all indebtedness which the said Lessee may now or hereafter owe the Lessor and this Addendum and Guaranty shall remain in full force and effect for the duration of the Lease term and any renewal Lease term. The Guarantor may terminate Guarantor’s obligation herein for any renewal Lease term by written letter addressed to the Lessor and sent to Lessor by Certified Mail with Return Receipt at least sixty (60) days prior to the end of the initial term, showing that said certified letter had been delivered. Such cancellation shall only affect indebtedness incurred after the initial Lease term has expired, and shall only affect the person giving such notice, and payment of the indebtedness incurred prior to receipt of said written notice shall immediately be paid by the undersigned if not paid by the Lessee.
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Durable Obligation. This Guaranty shall be a continuing one for the payment of any and all indebtedness which MedMen may now or hereafter owe the City with regard to the aforementioned Lease and this Addendum and Guaranty shall remain in full force and effect for the duration of the construction and any subsequent lease term.
Sample 1

Related to Durable Obligation

  • Security Rule Obligations The following provisions of this section apply to the extent that Business Associate creates, receives, maintains or transmits Electronic PHI on behalf of Covered Entity.

  • Insurance Obligation During the Term of this Master Contract, Contractor shall possess and maintain in full force and effect, at Contractor’s sole expense, the following insurance coverages:

  • Insurance Obligations Borrower fails to promptly perform or comply with any of the covenants contained in the Loan Documents with respect to maintaining insurance, including the covenants contained in Section 4.4.

  • Disclosure Obligations LAUSD expects Contractors and their Representatives to satisfy the following public disclosure obligations:

  • On-Site Obligations If Red Hat personnel are working on Client’s premises (a) Client will provide a safe and secure working environment for Red Hat personnel, and (b) Red Hat will comply with all reasonable workplace safety and security standards and policies, applicable to Client’s employees, of which Red Hat is notified in writing by Client in advance.

  • Service Obligations The Supplier must supply the Services:

  • Client Obligations 3.1 The Client shall:

  • Maintenance Obligations In the event the Project includes construction then the following provisions are incorporated into this Agreement:

  • Child Support Obligation Under Section 231.006(d) of the Texas Family Code regarding child support, Contractor certifies that the individual or business entity named in this Contract and any related Solicitation Response is not ineligible to receive the specified payment and acknowledges that the Contract may be terminated and payment may be withheld if this certification is inaccurate.

  • Basic Obligations (1) The Authority shall carry out international search and international preliminary examination in accordance with, and perform such other functions of an International Searching Authority and International Preliminary Examining Authority as are provided under, the Treaty, the Regulations, the Administrative Instructions and this Agreement.

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