Obligations of Seller and Buyer. (i) The Seller delivers to the Buyer, on the date hereof, stock certificate(s) representing the Stock owned by him free of any legends, Liens or restrictions of any kind, together with stock powers executed by him, in blank, with his signature guaranteed by a member of the New York Stock Exchange or a national bank in the United States.
Obligations of Seller and Buyer. Commencing on the Transaction Date, on the terms and subject to the conditions of this Transaction, each Party shall use its reasonable best efforts to take, or cause to be taken, all appropriate action, and do, or cause to be done, and assist and cooperate with the other Party in taking or doing, all things necessary, proper or advisable to consummate the transactions contemplated hereby, including, without limitation the satisfaction of the respective conditions set forth in Sections [10.1] and [10.2].
Obligations of Seller and Buyer. (a) For purposes of determining adjustments to the Purchase Price under Article 1(d) hereof, Buyer agrees to accept the gas sales and oil and condensate sales meter readings taken in good faith by Seller as of 7:00 o'clock A.M. on the Effective Date hereof.
Obligations of Seller and Buyer. Seller shall furnish and install the Improvements provided for in Paragraph 2 below at Seller's expense. The quantities, character and manner of installation of all of the foregoing work shall be subject to the limitations imposed by any applicable regulations, laws, ordinances, codes and rules.
Obligations of Seller and Buyer. 6.1. The obligations of SELLER are as follows:
Obligations of Seller and Buyer. Whenever this Agreement requires a Subsidiary of Seller to take any action, that requirement shall be deemed to include an undertaking on the part of Seller to cause that Subsidiary of Seller to take that action. Whenever this Agreement requires a Subsidiary of Buyer to take any action, that requirement shall be deemed to include an undertaking on the part of Buyer to cause that Subsidiary of Buyer to take that action.
Obligations of Seller and Buyer. Seller shall manufacture, sell and deliver to the Buyer the Products in accordance with (i) the Technical Specifications as described in Appendix C and (ii) the orders received from Buyer under Article 4 and (iii) the Purchase Price as defined in Article 5. The Buyer is responsible for ensuring product specifications comply with any local market national standards. The seller is responsible for ensuring all products comply with these specifications. The Buyer commits to purchase the Products in quantity. The commitment quantity shall be discussed and agreed between the Buyer and the Seller in the first quarter of year 2006. The Buyer agrees that the Seller is and will be the sole supplier and developer for the Buyer’s wire-free product range for duration of this agreement or 2 years after termination of the agreement but not exceeding 5 years. The Buyer also agrees that they will not develop wire-free products by themselves in above period.
Obligations of Seller and Buyer. Seller shall manufacture, sell and deliver to the Buyer the Products in accordance with (i) the Technical Specifications as described in Appendix C and (ii) the orders received from Buyer under Article 4 and (iii) the Purchase Price as defined in Article 5. The Seller shall ensure that the Products conform to CE approvals. The Buyer is responsible for ensuring products comply with any additional local market national standards. The Buyer will make best efforts to purchase the products in quantities in line with forecasts. Forecast for “New Territories will be added to Appendix D within 6 months from agreement signature. The Buyer’s purchase orders will be in quantities equal to or exceeding the Minimum Order Quantity per model as detailed in Appendix B. *** Confidential treatment requested Each Quarter, the Buyer and Seller will review actual sales quantities against forecast quantities and delivery performance on purchase orders.
Obligations of Seller and Buyer. The respective obligations of Seller and Buyer to consummate the transactions contemplated hereby shall be subject to the fulfillment, prior to or at Closing, of each of the following conditions, any one or a portion of which may be waived in writing:
Obligations of Seller and Buyer. (i) The Seller delivers to the Buyer, (i) on the date hereof, stock certificate(s) representing the BVI Stock owned by it free of any legends, Liens or restrictions of any kind; and (ii) on the Delivery Date, stock certificate(s) representing the Colombian Stock to be owned by it free of any legends, Liens or restrictions of any kind, together with stock powers executed by it with signatures guaranteed by a member of the New York Stock Exchange or a national bank in the United States.
