Examples of Obligation Agreement in a sentence
Except as expressly set forth in this Amendment and effective upon payment of the First Installment in full, the Company hereby irrevocably waives, forever excuses and releases the Wafer Partners and their respective officers, directors and employees, from their obligation to exercise the Series A-5 Additional Purchase Obligation as provided for in the Fab 2 Investment Agreements, including without limitation, the Additional Purchase Obligation Agreement.
Executive’s obligations and Company’s rights under the Executive Obligation Agreement will be unaffected by the provisions of this Agreement.
This Agreement, together with the Employee Obligation Agreement, constitutes the entire understanding between the Company and the Employee relating to the subject matter hereof and supersedes and cancels all prior and contemporaneous written and oral agreements and understandings with respect to the subject matter of this Agreement.
The form of the Amended and Restated Construction Lien Indemnity Obligation Agreement shall be filed with the Bankruptcy Court as a Plan Document pursuant to Section 6.2(t) of the Plan.
In exchange for the opt-out, the Company agreed to pay the buyers a $2,500 termination fee.Based on the terms of the Obligation Agreement, the Company determined that the remaining shares held in Liberty met the requirements under IFRS 5 and were reclassified from interest in equity investees to assets held for sale.
For the avoidance of all doubt and notwithstanding the provisions set forth in Sections 5 and 6 of the Additional Purchase Obligation Agreement between SanDisk Corp.
Amended and Restated Construction Lien Indemnity Obligation Agreement means that certain Amended and Restated Construction Lien Indemnity Obligation Agreement to be entered into by JCC and HOCI on or before and as of the Effective Date, as described in the term sheet attached hereto as Exhibit B.
Construction Lien Indemnity Obligation Agreement means that certain Construction Lien Indemnity Obligation Agreement dated October 12, 1994, by and among HJC, as prepetition debtor, HOCI, NOLDC, Grand Palais, and Grand Palais Management Company, L.L.C., together with any amendments thereto executed prior to the Commencement Date of the Chapter 11 Case of HJC.
If any conflict or inconsistency exists between this Mortgage and any other Secured Obligation Agreement, the terms of such Secured Obligation Agreement shall govern.
To be clear, the licenses granted pursuant to this Section 3 are the only licenses granted by the OMP Entities to the Licensees and supersede and replace any prior licenses that have been previously granted by the OMP Entities to the Licensees, including but not limited to those license granted pursuant to the Termination, License and Obligation Agreement dated December 17, 2002 between OMP, Dr. Obagi and the Zein and Samar Obagi Family Trust.