Continuing Assurances Clause Samples
The Continuing Assurances clause requires parties to consistently provide confirmations, documents, or actions necessary to uphold their obligations throughout the duration of the agreement. In practice, this may involve regularly updating information, reaffirming warranties, or supplying additional documentation as circumstances change. Its core function is to ensure that all parties remain compliant and that the agreement remains enforceable and effective over time, thereby reducing the risk of misunderstandings or breaches due to outdated or incomplete information.
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Continuing Assurances. Borrower and Lender shall, whenever and as often as reasonably requested to do so by the other party, execute, acknowledge and deliver or cause to be executed, acknowledged or delivered, any and all agreements and instruments as may be necessary, expedient or proper to carry out the intent and purposes of this Agreement, providing that the requesting party shall bear the cost and expense of such further agreements or documents (except that the parties shall bear their respective attorneys’ fees and costs).
Continuing Assurances. The Cooperating Entity specifically recognizes that Land for Maine’s Future Fund project assistance creates an obligation to acquire, use and maintain the property described in the Project Agreement consistent with Title 5, M.R.S., Section 6200 et seq., as amended, and augmented by [insert bond statutory reference, i.e. P.L. 2009 c. 645, Sec. J or P.L. 2011 c. 696], and the following requirements:
Continuing Assurances. The Cooperating Entity specifically recognizes that Land for Maine’s Future Fund project assistance creates an obligation to hold and enforce the conservation easement described in the Project Agreement consistent with Title 5, M.R.S., Section 6200 et seq., as amended, and augmented by P.L. 2021, c. 398, Part FFFF, and the following requirements:
Continuing Assurances. KeyWorks hereby agrees, and shall ensure that each Member and each Primary Subcontractor shall agree, to cooperate with ▇▇▇▇▇▇▇ or its designees, both during and after the Term of this Agreement, in the procurement and maintenance of ▇▇▇▇▇▇▇’▇ rights described in Subsection 9.1 (“Assignment”), and to execute, when requested, any other documents reasonably necessary to document the corresponding assignments of the Assigned Items. KeyWorks hereby grants, and shall ensure that each Member and each Primary Subcontractor agrees to grant, to ▇▇▇▇▇▇▇ a power of attorney, coupled with an interest, to execute any and all documents on their behalf and in their name for the purposes of carrying out the terms of the assignment contemplated by this SECTION 9 (“INTELLECTUAL PROPERTY RIGHTS”), to take any and all appropriate actions and to execute any and all documents and instruments which may be necessary or desirable to accomplish the purposes of the assignment contemplated by this SECTION 9 (“INTELLECTUAL PROPERTY RIGHTS”). With respect to any of the Assigned Items, that, for any reason, are deemed not to qualify as works made for hire or are deemed not to be effectively assigned to ▇▇▇▇▇▇▇ hereunder, KeyWorks hereby grants, and shall ensure that each Member and each Primary Subcontractor agrees to grant, to ▇▇▇▇▇▇▇ a perpetual, worldwide, irrevocable, royalty-free, fully paid-up, exclusive license to use for any and all purposes and in any manner any such Assigned Items.