Obligations of the Companies. To ensure compliance with company law, tax law and insolvency law, the INTERNATIONAL POOL LEADER and the PARTICIPATING COMPANIES hereby declare that they have taken the following measures: · the INTERNATIONAL POOL LEADER and each PARTICIPATING COMPANY shall enter in their books all intra-group treasury operations carried out; · in accordance with the provisions of the Internal Group Cash Management Agreement referred to in the preamble of this Service Agreement, the INTERNATIONAL POOL LEADER shall pay or charge each PARTICIPATING COMPANY on its net cash balances; · the interest rates applicable to these cash transactions shall be comparable to the market rates. Moreover, the INTERNATIONAL POOL LEADER, and the PARTICIPATING COMPANIES shall not create or permit to subsist any charge, pledge, lien or other security interest or any other arrangement or agreement having a similar effect over any of its accounts included in the present agreement.
Obligations of the Companies. (a) The Companies shall provide Business Associate with its notice of privacy practices produced in accordance with 45 CFR § 164.520 and any changes to such notice while this BAA is in effect.
Obligations of the Companies. Each of the Companies hereby agrees as follows:
Obligations of the Companies. Each of the Companies acknowledges and agrees that any obligation of the Companies hereunder is the obligation of each of Holdings and Golfsmith jointly and severally.
Obligations of the Companies. Whenever required under this Article V to include Registrable Securities in a registration statement, BGDC or Pacific, as the case may be, shall, as expeditiously as reasonably possible:
Obligations of the Companies. Old Imperial agrees and acknowledges that this Agreement and the obligations of the Companies hereunder are solely obligations and liabilities of the Companies. None of the Companies' directors, officers, employees, stockholders and affiliates or any other persons shall be obligated or liable in respect of this Agreement, and Old Imperial hereby releases them from any such obligation or liability.
Obligations of the Companies. Neither Company shall, without the ---------------------------- Manager's prior written consent:
Obligations of the Companies. The Companies hereby agree severally, but not jointly, as follows:
Obligations of the Companies. All obligations of the Companies shall be joint and several obligations of each Company.
