Assignee’s Obligations Sample Clauses
The "Assignee’s Obligations" clause defines the specific duties and responsibilities that the assignee must fulfill after receiving rights or interests under an agreement. Typically, this clause outlines requirements such as compliance with the original contract terms, timely performance of assigned tasks, and adherence to any conditions set by the assignor or the agreement itself. By clearly stating what is expected of the assignee, this clause ensures that the transfer of rights does not disrupt the original contractual relationship and that all parties remain protected and informed about their ongoing obligations.
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Assignee’s Obligations. Assignee shall perform all of the obligations of the “Tenant” under the Lease from and after the Effective Date.
Assignee’s Obligations. The Assignee undertakes to settle and fulfill promptly all obligations arising, from that date, on the Mineral Right now purchased, even if launched in the name of the Assignor.
Assignee’s Obligations. 3.1 The Assignee shall cooperate fully with the Assignor in all proceedings related to the assignment of the Policy as may be reasonably required by the Assignor including, without limitation, attendances at the office of the insurance company and the execution of all relevant deeds, instruments and documents.
Assignee’s Obligations. Assignee will use best efforts to: (a) at its sole expense, work with the United States Patent & Trademark Office with respect to all matters relating to the Patents Assets including, without limitation, reissuance, office actions, applications, prosecution, and the like; and (b) conduct clinical trials of product, process, and services using the Patent Assets to develop products within the Field.
Assignee’s Obligations. The Assignee hereby agrees that the Class B Ordinary Shares are subject to the restrictions and obligations set forth in the Subscription Agreement.
Assignee’s Obligations. As of the Effective Date, Assignee covenants and agrees to be named party to the Severance Agreement and to fully perform, discharge and observe all covenants, agreements, obligations and provisions to be performed, discharged or observed by the Corporation under the Severance Agreement, the whole to the same extent and effect as if the Assignee had been an original party to the Severance Agreement, in the place and stead of the Corporation.
Assignee’s Obligations. Except as provided in Section 7.5.2 or to the extent consittuting a breach of ASSIGNOR's representations and warranties under Article 3 of this Agreement, upon and after Closing, ASSIGNEE assumes full responsibility and liability for the following occurrences, events and activities on or related to the Property (the "ENVIRONMENTAL OBLIGATIONS"), regardless of whether arising from the ownership or operation of the Property before or after the Effective Date, and regardless of whether resulting from any acts or omissions of ASSIGNOR or the condition of the Property when acquired:
(i) Environmental pollution or contamination, including pollution or contamination of the soil, groundwater or air by Hydrocarbon, brine, NORM or otherwise;
(ii) Underground injection activities and waste disposal onsite;
(iii) Clean-up responses, and the cost of remediation, control, assessment or compliance with respect to surface and subsurface pollution caused by spills, pits, ponds or lagoons;
(iv) Failure to comply with applicable land use, surface disturbance, licensing or notification requirements;
(v) Disposal on the Property of any hazardous substances, wastes, materials and products generated by or used in connection with the ownership or operation of the Property before or after the Effective Date; and
(vi) Non-compliance with environmental or land use rules, regulations, demands or orders of appropriate state or federal regulatory agencies.
Assignee’s Obligations. The Assignee shall:
Assignee’s Obligations. 1. The Assignee undertakes to fulfil all of its obligations under the Assignment Agreement promptly and diligently;
2. The Assignee undertakes to pay the Price of the Claim in the amount and according to the terms and conditions specified in the Assignment Agreement;
3. The Assignee shall pay PAXPEER the consideration for the Claim Servicing and make other payments in accordance with the Price List;
4. In the event amendments need to be made to the Assignment Agreement to accommodate mandatory requirements of Applicable Laws affect the Parties’ of the Assignment Agreement rights and/or obligations, the Assignee shall agree to the amendments to the Assignment Agreement in accordance with new regulations.
Assignee’s Obligations. ASSIGNEES shall in all respects and without exception comply with the requirements of the Lease and all applicable ordinances, orders, agreements, commitments and regulating actions applicable to the Lease, whether federal, state or local, including the Arlington Municipal Airport General Aviation Minimum Standards and the Arlington Municipal Airport Rules and Regulations as may be amended from time to time.