Grantor's Responsibilities Sample Clauses

Grantor's Responsibilities. In addition to other responsibilities of Grantor and/or in lieu of responsibilities of County specified in the Agreement, Grantor will be responsible for the following during the term of this Engagement:
Sample 1
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Grantor's Responsibilities. When the Owner is taking in kind any of the Owner's share of Petroleum Substances other than Raw Gas, the Grantor shall in respect to Crude Oil and at no cost to the Owner, remove basic sediment and water therefrom in accordance with good oilfield practice so that pipeline specifications in that regard will be met, and the Owner shall also have the right to use free of charge a proportionate share of the Grantor's lease tankage and storage facilities to store a maximum of ten (10) days accumulation of the Owner's share of such Petroleum Substances. In respect to Crude Oil and Condensate the Grantor shall deliver the same to the Owner, or its nominee, at the tank outlets in accordance with usual and customary pipeline and shipping practice, free and clear of all charges whatsoever. Grantor shall deliver Owner's share of Raw Gas to the Owner or its nominee at the Point of Measurement. In any event, the Owner shall not be responsible for any costs whatsoever, including without limitation the costs of gathering, compressing, transporting, treating and processing such Raw Gas whether or not the Grantor or an Affiliate owns such facilities.
Sample 1
Grantor's Responsibilities. When the Royalty Owner is taking in kind any of the Royalty Owner's share of Petroleum Substances other than Raw Gas, the Grantor shall in respect to Crude Oil and at no cost to the Royalty Owner, remove basic sediment and water therefrom in accordance with good oilfield practice so that pipeline specifications in that regard will be met, and the Royalty Owner shall also have the right to use free of charge a proportionate share of the Grantor's lease tankage and storage facilities to store a maximum of ten (10) days accumulation of the Royalty Owner's share of such Petroleum Substances. In respect to Crude Oil and Condensate the Grantor shall deliver the same to the Royalty Owner, or its nominee, at the tank outlets in accordance with usual and customary pipeline and shipping practice, free and clear of all charges whatsoever. Grantor shall deliver Royalty Owner's share of Raw Gas to the Royalty Owner or its nominee at the wellhead of the relevant well, provided that to the extent the Royalty Owner so requests on reasonable notice to the Grantor and the Grantor can reasonably comply with such request, the Grantor shall gather, compress, transport, treat and process such share of Raw Gas with the Grantor's share of Raw Gas from the applicable xxxxx and deliver to the Royalty Owner at the relevant plant outlet, the Royalty Owner's Overriding Royalty share of marketable gas and other Petroleum Substances obtained from such share of Raw Gas. In such event, the Royalty Owner shall be responsible for:
Sample 1

Related to Grantor's Responsibilities

  • ALPS’ Responsibilities In connection with its performance of TA Web, ALPS shall:

  • Owners Responsibilities 2.1. The Owner shall designate in writing a project coordinator to act as OWNER's representative with respect to the services to be rendered under this Agreement (hereinafter referred to as the "Project Coordinator"). The Project Coordinator shall have authority to transmit instructions, receive information, interpret and define OWNER's policies and decisions with respect to CONTRACTOR's services for the Project. However, the Project Coordinator is not authorized to issue any verbal or written orders or instructions to the CONTRACTOR that would have the effect, or be interpreted to have the effect, of modifying or changing in any way whatever:

  • Joint Responsibilities 2.1.1 University and Affiliate each will identify, and notify each other of, a person responsible for serving as its liaison during the course of this affiliation. The appointment of liaisons shall be subject to mutual approval of the parties.

  • Seller’s Responsibility If the Seller determines that the Interface Problem is primarily attributable to the design of a Warranted Part, the Seller shall, if so requested by the Buyer and pursuant to the terms and conditions of Clause 12.1, correct the design of such Warranted Part to the extent of the Seller’s obligation as defined in Clause 12.1.

  • Trust Responsibilities In connection with its use of AVA, the Trust, through its service providers, shall:

  • Additional Responsibilities You agree to: reasonably clean and maintain Covered Items; not harm/damage a Covered Item or Component; provide a safe working environment for Contractors; not damage property of a Contractor; and not threaten/harm us or a Contractor via phone, email, personal interaction, internet, social media or otherwise.

  • General Responsibilities Issuer hereby engages Distributor to act as exclusive distributor of the shares of each class of the Funds. The Funds subject to this Agreement as of the date hereof are identified on SCHEDULE A, which may be amended from time to time in accordance with Section 11 below. Sales of a Fund's shares shall be made only to investors residing in those states in which such Fund is registered. After effectiveness of each Fund’s registration statement, Distributor will hold itself available to receive, as agent for the Fund, and will receive by mail, telex, telephone, or such other method as may be agreed upon between Distributor and Issuer, orders for the purchase of Fund shares, and will accept or reject such orders on behalf of the Fund in accordance with the provisions of the applicable Fund’s prospectus. Distributor will be available to transmit orders, as promptly as possible after it accepts such orders, to the Fund’s transfer agent for processing at the shares’ net asset value next determined in accordance with the prospectuses.

  • Position Duties Responsibilities 3.01 It is contemplated that at all times during the Period of Employment the Executive shall continue to serve as a principal officer of the Company with the office and title of Vice President, General Counsel of the Company and continue to have duties and responsibilities commensurate with those duties and responsibilities imposed on the Executive immediately prior to the Effective Date.

  • Tax Responsibility The Fund shall be liable for all taxes (including Taxes, as defined below) relating to its investment activity, including with respect to any cash or securities held by the Custodian on behalf of the Fund or any transactions related thereto. Subject to compliance by the Fund with its obligations under Section 7.1, the Custodian shall withhold (or cause to be withheld) the amount of any Tax which is required to be withheld under applicable law in connection with the collection on behalf of the Fund pursuant to this Agreement of any dividend, interest income or other distribution with respect to any security and the proceeds or income from the sale or other transfer of any security held by the Custodian. If any Taxes become payable with respect to any prior payment made to the Fund by the Custodian or otherwise, the Custodian may apply any credit balance in the Fund’s deposit account to the extent necessary to satisfy such Tax obligation. The Fund shall remain liable for any tax deficiency. The Custodian is not liable for any tax obligations relating to the Portfolio or the Fund, other than those Tax services as set out specifically in this Section 7. The Fund agrees that the Custodian is not, and shall not be deemed to be, providing tax advice or tax counsel. The capitalized terms “Tax” or “Taxes” means any withholding or capital gains tax, stamp duty, levy, impost, charge, assessment, deduction or related liability, including any addition to tax, penalty or interest imposed on or in respect of (i) cash or securities, (ii) the transactions effected under this Agreement, or (iii) the Fund.

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