Commercial Obligations Sample Clauses

Commercial Obligations. Each Loan Party acknowledges and agrees that all of the Obligations under this Note are commercial obligations. Each Loan Party represents and warrants to the Payee that no amount of the proceeds of the indebtedness evidenced by this Note has been used, and no amount thereof will be used, for consumer, personal, family or household purposes.
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Commercial Obligations. Guarantor acknowledges that this Guaranty secures commercial, rather than personal, obligations.
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Commercial Obligations. Each Party acknowledges and agrees that its rights and obligations hereunder are of a commercial and not governmental nature.
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Commercial Obligations. 3.1 Distributor shall be obligated to purchase from CTTC that number of Product(s) during each Contract Year Quarter of each Contract Year as is set forth in Schedule 19 "Multi Annual Volume Budget" for each such Contract Year Quarter (the "Quarterly Product Minimums"). The Quarterly Product Minimums for --------------------------- each of the first four (4) Contract Year Quarters are set forth in Schedule 19 ----------- hereto. The Quarterly Product Minimums for Contract Year 6 and beyond shall be set by CTTC in good faith taking into account the number of sales and the Quarterly Product Minimums (on both a quarterly and annual basis) for the prior Contract Year and shall be provided to Distributor at least ninety (90) days prior to the beginning of such new Contract Year
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Commercial Obligations. 3.1 In return for the involvement on the ATA’s Youth and Junior Development Program, the ATA requires that athletes contribute, where appropriate, time and volunteer services to promote the sport of triathlon. Among other obligations, this contribution may consist of appearances, promotions, fundraising events, use of media (photos, visual media, videos), and other promotional activities in support of the objects and activities of the ATA.
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Related to Commercial Obligations

  • FINANCIAL OBLIGATIONS There will be no transfer of funds between the Parties under this Agreement and each Party will fund its own participation. All activities under or pursuant to this Agreement are subject to the availability of funds, and no provision of this Agreement shall be interpreted to require obligation or payment of funds in violation of the Anti-Deficiency Act, (31 U.S.C. § 1341).

  • Financial Obligation While this contract is in effect, the student is required to meet the financial obligations of this contract. Housing fees are charged through the Account Services Office. Students must pay their accounts per the policies of that office.

  • Other Material Obligations Default in the payment when due, or in the performance or observance of, any material obligation of, or condition agreed to by, any Loan Party with respect to any material purchase or lease of goods or services where such default, singly or in the aggregate with all other such defaults, might reasonably be expected to have a Material Adverse Effect.

  • No Financial Obligation No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.

  • Payment of Financial Obligations The payment or provision to the Executive by the Company of any remuneration, benefits or other financial obligations pursuant to this Agreement shall be allocated among the Operating Partnership, the REIT and any subsidiary or affiliate thereof in such manner as such entities determine in order to reflect the services provided by the Executive to such entities; provided, however, that the Operating Partnership and the REIT shall be jointly and severally liable for such obligations.

  • Development Obligations 1. The College supports the development, production, and dissemination of copyrightable, trademarkable, patentable, and other intellectual properties by its employees.

  • Additional Obligations of the Company The Company shall:

  • Obligations During the Employment Term, Executive will perform his duties faithfully and to the best of his ability and will devote his full business efforts and time to the Company. For the duration of the Employment Term, Executive agrees not to actively engage in any other employment, occupation or consulting activity for any direct or indirect remuneration without the prior approval of the Board.

  • Valid Obligations The execution, delivery and performance of the Loan Documents have been duly authorized by all necessary corporate action and each represents a legal, valid and binding obligation of Borrower and is fully enforceable according to its terms, except as limited by laws relating to the enforcement of creditors' rights.

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