Continuity of Obligation Clause Samples

The Continuity of Obligation clause ensures that certain rights and responsibilities of the parties remain in effect even after the termination or expiration of a contract. Typically, this clause applies to obligations such as confidentiality, indemnification, or payment of outstanding amounts, which are intended to survive beyond the contract’s end. Its core practical function is to prevent important duties from lapsing automatically with the contract’s conclusion, thereby protecting the interests of both parties and maintaining accountability.
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Continuity of Obligation. The obligations of Party A under the agreement are continuous with complete legal binding force to its successors, assignees, receivers and transferees or equity after merger, restructuring and name change. It shall not be influenced by any dispute, claim, legal procedure, instruction of superior organization or other contracts that are signed between the debtor and any natural person or legal person. Moreover, it shall not be changed due to bankruptcy, insolvency, loss of equity qualification, change of bylaws or nature of debtor.
Continuity of Obligation. Any clause in this Agreement, which by its nature, shall remain applicable after termination of this agreement, will continue to be valid after termination, including, but not limited to confidentiality and profit sharing.
Continuity of Obligation. Any obligations and joint liabilities under the Contract shall bear continuity, which legally binds Debtor’s successors, receivers, transferee and entities after D▇▇▇▇▇’s M&A, reorganization or name change, free from any disputes, claims, prosecutions, superior’s orders, or any contracts or files signed between Principal Claim Contract Debtor and any other persons. Such obligations shall not be altered due to D▇▇▇▇▇’s solvency, delinquency, disqualification, amended Article of Associations or other changes of any nature or of any kind.
Continuity of Obligation. 12.1 All obligations and joint liabilities of Party A under this contract are continuity which generates fully bind to his heir or legatee, legal agent, receiver, and assignee; and to the main body’s merger, acquisition, reorganization, reorganization into stock company, and name change. Such obligations and liabilities will not be affected by any dispute, claim and legal procedures, and any contracts and documents signed between the debtor to the principal contract and any natural person or legal person; nor being changed due to the debtor’s bankruptcy, insolvency, loss of enterprise qualification, change the Articles of Association, and any change in nature.
Continuity of Obligation. All the obligations of the borrower under this Contract have continuity, and have the same and equal binding force to his/her successor, agent, receiver, assignee, and the main part after its merger, reorganization and change of name.
Continuity of Obligation. All of Party A’s obligations hereunder shall have continuity and full binding force upon its successor, receiver, assignee and the subject after it is merged and acquired, reorganized and renamed, and free from the influence of any dispute, claim, legal proceeding and any directive of superordinate, or any contract and document signed by Party A and any natural person, legal person or other organization, nor shall it be modified because of Party A’s bankruptcy, insolvency, loss of operating capacity or subject capacity, change of property rights forms, change of internal organization forms or bylaws, or any other material change.
Continuity of Obligation. The provisions of this Agreement relating to confidentiality and non-disclosure shall be effective the date of signing the agreement and shall survive the termination of employment, however caused. 3. استمرارية الالتزام يسري الالتزام بأحكام هذه ("الاتفاقية") المتعلقة بسريّة المعلومات وعدم الافشاء من تاريخ توقيع الاتفاقية و يستمر في حالة إنتهاء عقد العمل، لأي سبب كان.

Related to Continuity of Obligation

  • Payment of Obligations Pay, discharge or otherwise satisfy at or before maturity or before they become delinquent, as the case may be, all its material obligations of whatever nature, except where the amount or validity thereof is currently being contested in good faith by appropriate proceedings and reserves in conformity with GAAP with respect thereto have been provided on the books of the relevant Group Member.

  • Payment of Obligation 40 11.2 Covenants.....................................................40 11.3

  • Duration of Obligations The Contractor’s obligations under this clause shall continue in full force and effect and be coterminous with the Contract. However, the obligations not to use or disclose, and to return on request or destroy Protected Information already disclosed to the Contractor at the time of termination shall continue for as long as Contractor holds the Protected Information.

  • Termination of Obligations Termination of this Agreement pursuant to Section 10.1 hereof shall terminate all obligations of the parties hereunder, except for the obligations under Article IX, Article X, and Sections 11.4, 11.7, 11.14, 11.15 and 11.16 hereof; provided, however, that termination pursuant to paragraphs (b) or (c) of Section 10.1 shall not relieve the defaulting or breaching party or parties from any liability to the other parties hereto.

  • Priority of Obligations The Company will ensure that its payment obligations under this Agreement and the Notes will at all times rank at least pari passu, without preference or priority, with all other unsecured and unsubordinated Indebtedness of the Company.