General Undertaking Sample Clauses
A General Undertaking clause sets out the broad commitments or promises that a party makes to the other party within an agreement. Typically, this clause requires a party to act in good faith, comply with applicable laws, and fulfill their obligations as outlined in the contract. For example, it may obligate a supplier to maintain necessary licenses or a borrower to operate their business in the ordinary course. The core function of this clause is to ensure that each party upholds certain standards of conduct and compliance, thereby reducing the risk of disputes and promoting trust between the parties.
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General Undertaking. The Parties undertake to expand trade in services on a mutually advantageous basis, under conditions of transparency and progressive liberalisation through successive reviews, with the aim of securing an overall balance of rights and obligations, while recognising the rights of both Parties to regulate, and to introduce new regulations, giving due respect to national policy objectives including where these reflect local circumstances.
General Undertaking. Each Holder covenants and agrees that it shall not Transfer all or any of its Certificates except in accordance with Article V.
General Undertaking. Each Party shall exercise all powers and rights available to it, including as a holder of shares in the Company, and such other rights and powers available to it from time to time in order to give effect to the provisions of this Agreement and to ensure that the Company and the Escrow Agent comply with their respective obligations under this Agreement.
General Undertaking. All parties to this Plan and all persons claiming any interest whatsoever hereunder agree to perform any and all acts and execute any and all documents and papers which may be necessary or desirable for the carrying out of this Plan or any of its provisions.
General Undertaking. The Pledgor shall not do, or permit to be done, anything, which could prejudice the Pledges.
General Undertaking. The Supplier hereby undertakes to design, manufacture, supply and deliver the Products to the IAA and to render the IAA with the Services, and to do all that is necessary in order to achieve the proper performance and operation of the Products according to the SOW, all pursuant to the terms and conditions stipulated herein and in accordance with the time schedule and delivery dates set by the IAA.
General Undertaking. 3.1 Notwithstanding anything to the contrary in the Agreement, the provisions of this MoA shall be legally binding on the Parties.
3.2 In accordance with Article 28(3) of the GDPR, Annex 1 hereto sets out certain information regarding the Parties’ Processing of any Personal Data in relation to the Agreement.
General Undertaking. Provider warrants that it has all the required facilities for performing the enlisted surgeries / procedures / therapies as specified in clause. No 3.
General Undertaking. The Shareholders acknowledge their common intent to procure, and to generally co-operate with each other so as to ensure, that the Company will be managed and operated in accordance with this Agreement. Each Shareholder hereby undertakes to the other Shareholders to (i) generally exercise their powers and voting rights as a shareholder of the Company and (ii) procure that the Director(s) nominated by such Shareholder(s) exercise their powers and voting rights on the Board to the extent legally permissible and compatible with the fiduciary duties of such Director(s), in a manner which is consistent with the terms of this Agreement, and to ensure that the provisions of this Agreement are given full effect at all times during the term of this Agreement.
General Undertaking. 1. Member States shall direct their endeavours with a view to creating favourable conditions for the development of the Community and the achievement of its aims and the harmonization of their policies for the achievement of such aims through Community institutions. Member States shall refrain from any unilateral action likely to hinder such achievement.
2. Each Member State shall take all steps under its constitutional procedures to secure the enactment and publication of such legislation as is necessary to give effect to this Treaty.