Additional Undertakings and Agreements Clause Samples
The 'Additional Undertakings and Agreements' clause sets out further promises or obligations that the parties agree to fulfill beyond the main terms of the contract. This may include requirements such as providing certain information, maintaining insurance, or complying with specific regulations during the contract term. By detailing these extra commitments, the clause ensures that both parties are clear on their ongoing responsibilities, helping to prevent misunderstandings and supporting the smooth execution of the agreement.
Additional Undertakings and Agreements. 5.01. Buyer’s Support of State Law Change and Cincinnati Voter Approval. Buyer shall, at its expense, undertake all efforts it deems reasonable to support Seller’s efforts and coordinate such efforts with Seller to obtain the State Law Change and Cincinnati Voter Approval. Buyer shall pay all costs related to its supporting efforts for obtaining the Cincinnati Voter Approval and shall make payments directly to such third parties as may be identified by Buyer to assist in obtaining such approval. Seller shall not be obligated to reimburse Buyer for any expenses or costs incurred by B▇▇▇▇ in fulfilling its obligations under this Section 5.01.
Additional Undertakings and Agreements