Other Contractual Obligations Clause Examples
The 'Other Contractual Obligations' clause defines the parties' responsibilities and commitments that are not explicitly covered elsewhere in the agreement. This clause typically captures additional duties, such as compliance with relevant laws, maintaining necessary insurance, or adhering to industry standards, which may not be detailed in the main provisions. Its core function is to ensure that all relevant obligations are acknowledged and enforceable, thereby preventing gaps in the contract and reducing the risk of disputes over unaddressed responsibilities.
Other Contractual Obligations. The execution and delivery of this Agreement does not, and the performance by Borrower of its obligations and covenants under this Agreement will not, violate any other contractual obligation of Borrower.
Other Contractual Obligations. To the extent that any provision of this Guaranty results in an event of default under any agreement entered between any Guarantor and a third party before the effective date of this Guaranty, such provision of this Guaranty shall become null and void only to the extent such provision results in the event of default.
Other Contractual Obligations. Borrower shall perform all of its obligations under any Contractual Obligation if the failure to perform any such obligation would have a material adverse effect on Borrower’s ability to repay the Loan or to perform any of its obligations under any of the Loan Documents or under the Environmental Indemnity.
Other Contractual Obligations. As of the Closing Date and after giving effect to the transactions contemplated by this Agreement, no contracts relevant to the development or commercialization of the Product, or any aspect thereof, exist by and between the Seller and any counter-party, except for those contracts that constitute Excluded Assets or that otherwise relate directly or indirectly to any Excluded Product (as defined in Exhibit 1(a)).
Other Contractual Obligations. No contracts relevant to the Product, or any aspect thereof, exist by and between the Company and any other counter-party, or the Seller and any counter-party, except as set forth in Section 3.8.2 of the Disclosure Schedule.
Other Contractual Obligations. To the best of Borrower's knowledge, the execution by each Venture Borrower and delivery of such Venture Borrower's Venture Note does not, and the performance by such Venture Borrower of its obligations and covenants thereunder will not, violate any other contractual obligation of such Venture Borrower.
Other Contractual Obligations. Enter into any Contractual Obligation (other than this Agreement or any other Loan Document) that (a) limits the ability (i) of any Subsidiary to make Restricted Payments to the Company or any Subsidiary Guarantor or to otherwise transfer property to the Company or any Subsidiary Guarantor, (ii) of any Subsidiary to Guarantee the Indebtedness of the Company or (iii) of the Company or any Subsidiary to create, incur, assume or suffer to exist Liens on property of such Person; provided, however, that this clause (iii) shall not prohibit any negative pledge incurred or provided in favor of any holder of Indebtedness in respect of capital leases, Synthetic Lease Obligations and purchase money obligations solely to the extent any such negative pledge relates to the property financed by or the subject of such Indebtedness; or (b) requires the grant of a Lien to secure an obligation of such Person if a Lien is granted to secure another obligation of such Person.
Other Contractual Obligations. Permit, at the end of any Fiscal Quarter, the aggregate amount of Other Contractual Obligations to exceed $361,000,000 (plus or minus any increase or decrease in such obligations that results from a change in the cost or tenor of funding for such obligations) (the "Permitted Amount"); provided that if the Borrower terminates any Other Contractual Obligation, then the Permitted Amount will be permanently reduced by the amount of such Other Contractual Obligation if such Other Contractual Obligation is not replaced or refinanced within six months of its termination.
Other Contractual Obligations. It is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under this Agreement.
Other Contractual Obligations. The Executive agrees and covenants that the Executive will not be in violation of any legal or contractual duty to which the Executive is subject, including any restriction on working with a competitor, soliciting certain customers or using or disclosing confidential information or trade secrets, by performing services pursuant to this Agreement. The Executive agrees that, should the Executive be found to have violated a legal or contractual duty as a result of performing services for the Company, the Executive will indemnify and hold harmless the Company for any damages, costs or attorney fees the Company incurs as a result of any legal proceeding, or threats thereof, brought against the Company for the performance of such services by the Executive.