Policies and Allocation of Related Rights and Obligations Sample Clauses

Policies and Allocation of Related Rights and Obligations. Xxxxxxx acknowledges and agrees (on its own behalf and on behalf of each other member of the Xxxxxxx Group) that (i) neither Xxxxxxx nor any other member of the Xxxxxxx Group has any rights to or under any Third Party Shared Policy, except as expressly provided in this Article IX and (ii) nothing in this Article IX shall be deemed to constitute (or to reflect) an assignment of any rights to or under any Third Party Shared Policy.
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Policies and Allocation of Related Rights and Obligations. Apergy acknowledges and agrees (on its own behalf and on behalf of each other member of the Apergy Group) that (i) neither Apergy nor any other member of the Apergy Group has any rights to or under any Third Party Shared Policy, except as expressly provided in this Article IX and (ii) nothing in this Article IX shall be deemed to constitute (or to reflect) an assignment of any rights to or under any Third Party Shared Policy.
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Policies and Allocation of Related Rights and Obligations. Crane Company acknowledges and agrees (on its own behalf and on behalf of each other member of the Crane Company Group) that (i) neither Crane Company nor any other member of the Crane Company Group has any rights to or under any insurance policy issued to Crane NXT, Co. after the Effective Time, except as expressly provided in this Article IX and (ii) nothing in this Article IX shall be deemed to constitute (or to reflect) an assignment of any rights to or under any Third-Party Shared Policy.
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Policies and Allocation of Related Rights and Obligations. Arcosa acknowledges and agrees (on its own behalf and on behalf of each other member of the Arcosa Group) that (i) neither Arcosa nor any other member of the Arcosa Group has any rights to or under any insurance policy issued to Trinity after the Effective Time, except as expressly provided in this Article IX and (ii) nothing in this Article IX shall be deemed to constitute (or to reflect) an assignment of any rights to or under any Third Party Shared Policy.
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Policies and Allocation of Related Rights and Obligations. Mastech acknowledges and agrees on its own behalf, and on behalf of each other member of the Mastech Group, that (i) neither Mastech nor any other member of the Mastech Group has any rights to or under any Third Party Shared Policy, except as expressly provided in this ARTICLE VIII and (ii) nothing in this ARTICLE VIII shall be deemed to constitute (or to reflect) an assignment of any rights to or under any Third Party Shared Policy.
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Policies and Allocation of Related Rights and Obligations. (a) The Gas Assets shall include any and all rights of an insured Person under each Third Party Gas Policy, each Third Party Shared Policy to the extent related to the Gas Business, and each Captive Gas Policy, provided that Spectra Energy acknowledges and agrees on its own behalf, and on behalf of each other member of the Spectra Energy Group, that (i) some of insured Person’s rights under a Captive Gas Policy are subject to the terms of certain Third Party Shared Policies and the provisions of this ARTICLE X, (ii) coverage provided under the Captive Gas Policies is limited to any alleged wrongful act, claim, suit, action, proceeding, injury, loss, liability, damage or expense incurred or claimed to have been incurred prior to the Effective Time by Spectra Energy or any other member of the Spectra Energy Group in or in connection with the conduct of the Gas Business, (iii) neither Spectra Energy nor any other member of the Spectra Energy Group has any rights to or under any Third Party Shared Policy, except as provided in any Captive Gas Policy or this ARTICLE X, and (iv) nothing in this ARTICLE X shall be deemed to constitute (or to reflect) an assignment of any rights to or under any Third Party Shared Policy, except as provided in any Captive Gas Policy or this ARTICLE X. The Gas Liabilities shall include any and all obligations of an insured Person under each Third Party Gas Policy, each Third Party Shared Policy to the extent related to or arising out of the Gas Business, and each Captive Gas Policy.
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Policies and Allocation of Related Rights and Obligations. WABCO acknowledges and agrees on its own behalf, and on behalf of each other member of the WABCO Group, that (i) neither WABCO nor any other member of the WABCO Group has any rights to or under any Third Party Shared Policy, except as expressly provided in this ARTICLE IX and (ii) nothing in this ARTICLE IX shall be deemed to constitute (or to reflect) an assignment of any rights to or under any Third Party Shared Policy. Notwithstanding anything to the contrary herein, all rights to or under insurance policies of any type or description in respect of any and all asbestos-related Liabilities shall be addressed in accordance with Schedule 6.2.
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Policies and Allocation of Related Rights and Obligations. WABCO acknowledges and agrees on its own behalf, and on behalf of each other member of the WABCO Group, that (i) neither WABCO nor any other member of the WABCO Group has any rights to or under any Third Party Shared Policy, except as expressly provided in this ARTICLE IX and (ii) nothing in this ARTICLE IX shall be deemed to constitute (or to reflect) an assignment of any rights to or under any Third Party Shared Policy.
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Policies and Allocation of Related Rights and Obligations. (a) The QEP Assets shall include any and all rights of an insured Person under each Third Party QEP Policy and each Third Party Shared Policy to the extent related to the QEP Business, provided that QEP acknowledges and agrees on its own behalf, and on behalf of each other member of the QEP Group, that (i) the terms of certain Third Party Shared Policies are limited to any alleged wrongful act, claim, suit, action, proceeding, injury, loss, liability, damage or expense incurred or claimed to have been incurred prior to the Effective Date by QEP or any other member of the QEP Group in connection with the conduct of the QEP Business, or as otherwise extended on a coverage-by-coverage basis as further described in this ARTICLE X, and (ii) neither QEP nor any other member of the QEP Group has any rights to or under any Third Party Shared Policy except as provided in this ARTICLE X, and (iii) nothing in this ARTICLE X shall be deemed to constitute (or to reflect) an assignment of any rights to or under any Third Party Shared Policy except as provided in this ARTICLE X. The QEP Liabilities shall include any and all obligations of an insured Person under each Third Party QEP Policy and each Third Party Shared Policy to the extent related to or arising out of the QEP Business.
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Related to Policies and Allocation of Related Rights and Obligations

  • Rights and Obligations Upon Termination (a) In the event of Employer’s termination of the Term (and Executive’s employment) pursuant to Section 5.3 (which, for the avoidance of doubt, is a termination Without Cause), Employer shall pay Executive:

  • Additional Rights and Obligations If the Company issues securities in its next equity financing (other than a transaction with a strategic partner that involves a financing) within 180 days after the date hereof (the “Next Financing”) that (a) have rights, preferences or privileges that are more favorable than the terms of the Securities, such as price-based anti-dilution protection, or (b) provide all such future investors other contractual terms such as registration rights, the Company shall provide substantially equivalent rights to the Subscriber with respect to the Securities (with appropriate adjustment for economic terms or other contractual rights), subject to such Subscriber’s execution of any documents, including, if applicable, investor rights, co-sale, voting, and other agreements, executed by the investors purchasing securities in the Next Financing (such documents, the “Next Financing Documents”). Notwithstanding anything herein to the contrary, upon the execution and delivery of the Next Financing Documents by Subscriber holding a majority of the then-outstanding Securities, this Subscription Agreement (excluding any then-existing and outstanding obligations) shall be amended and restated by and into such Next Financing Documents and shall be terminated and of no further force or effect.

  • Accrued Rights and Obligations Termination of this Agreement for any reason shall not release either Party hereto from any liability which, at the time of such termination, has already accrued to the other Party or which is attributable to a period prior to such termination nor preclude either Party from pursuing any rights and remedies it may have hereunder or at law or in equity with respect to any breach of this Agreement.

  • Continuing Rights and Obligations After the satisfaction and discharge of this Indenture, this Indenture will continue for (i) rights of registration of transfer and exchange, (ii) replacement of mutilated, destroyed, lost or stolen Notes, (iii) the rights of the Noteholders to receive payments of principal of and interest on the Notes, (iv) the obligations of the Indenture Trustee and any Note Paying Agent under Section 3.3, (v) the rights, obligations and immunities of the Indenture Trustee under this Indenture and (vi) the rights of the Secured Parties as beneficiaries of this Indenture in the property deposited with the Indenture Trustee payable to them for a period of two years after the satisfaction and discharge.

  • Independent Nature of Rights and Obligations Nothing contained herein, and no action taken by any party pursuant hereto, shall be deemed to constitute Investor and the Sponsor as, and the Sponsor acknowledges that Investor and the Sponsor do not so constitute, a partnership, an association, a joint venture or any other kind of entity, or create a presumption that Investor and the Sponsor are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this Agreement or any matters, and the Sponsor acknowledges that Investor and the Sponsor are not acting in concert or as a group, and the Sponsor shall not assert any such claim, with respect to such obligations or the transactions contemplated by this Agreement.

  • Trustee’s Rights and Obligations The Trustee is entitled to receive, and will be fully protected in relying upon, an Opinion of Counsel stating that the execution of any amendment, supplement or waiver authorized pursuant to this Article is authorized or permitted by the Indenture. If the Trustee has received such an Opinion of Counsel, it shall sign the amendment, supplement or waiver so long as the same does not adversely affect the rights of the Trustee. The Trustee may, but is not obligated to, execute any amendment, supplement or waiver that affects the Trustee’s own rights, duties or immunities under the Indenture.

  • Rights and Obligations on Termination In the event of termination of this Agreement for any reason, the parties shall have the following rights and obligations:

  • Other Rights and Obligations 1. The Entrustor shall transfer the entrusted funds into its account for entrustment loans on a timely basis. The Lender will not commence disbursement procedures in accordance with the entrustment loan agreement and the loan contract etc. until the entrusted funds of the Entrustor have been deposited into its account for entrustment loans.

  • Rights and Obligations of Party A I. Rights of Party A

  • Rights and Obligations of Party B 1. Party B’s Rights

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