RIGHTS AND OBLIGATIONS RELATED TO IMPLEMENTING THE ACTION Sample Clauses

RIGHTS AND OBLIGATIONS RELATED TO IMPLEMENTING THE ACTION. ARTICLE 7GENERAL OBLIGATION TO PROPERLY IMPLEMENT THE ACTION
RIGHTS AND OBLIGATIONS RELATED TO IMPLEMENTING THE ACTION. ARTICLE 7GENERAL OBLIGATION TO PROPERLY IMPLEMENT THE ACTION General obligation to properly implement the action The beneficiaries must implement the action as described in Annex 1 and in compliance with the provisions of the Agreement and all legal obligations under applicable EU, international and national law.

Related to RIGHTS AND OBLIGATIONS RELATED TO IMPLEMENTING THE ACTION

RIGHTS AND OBLIGATIONS RELATED TO THE GRANT ADMINISTRATION
RIGHTS AND OBLIGATIONS RELATED TO IMPLEMENTING THE ACTION
RIGHTS AND OBLIGATIONS RELATED TO BACKGROUND AND RESULTS SUBSECTION 1 GENERAL ARTICLE 23a — MANAGEMENT OF INTELLECTUAL PROPERTY 23a.1 Obligation to take measures to implement the Commission Recommendation on the management of intellectual property in knowledge transfer activities Beneficiaries that are universities or other public research organisations must take measures to implement the principles set out in Points 1 and 2 of the Code of Practice annexed to the Commission Recommendation on the management of intellectual property in knowledge transfer activities17. This does not change the obligations set out in Subsections 2 and 3 of this Section. The beneficiaries must ensure that researchers and third parties involved in the action are aware of them.
RESOURCES TO IMPLEMENT THE ACTION — THIRD PARTIES INVOLVED IN THE ACTION The beneficiaries must have the appropriate resources to implement the action. If it is necessary to implement the action, the beneficiaries may: - purchase goods, works and services (see Article 10); - use in-kind contributions provided by third parties against payment (see Article 11); - use in-kind contributions provided by third parties free of charge (see Article 12); - call upon subcontractors to implement action tasks described in Annex 1 (see Article 13); - call upon linked third parties to implement action tasks described in Annex 1 (see Article 14). In these cases, the beneficiaries retain sole responsibility towards the JU and the other beneficiaries for implementing the action.
Rights and Obligations of Both Parties 7.1 Party A shall have the following rights and obligations: § to draw down and use the Loan according to this Contract; § if Party A repays the Loan before maturity date, it shall obtain prior written consent from Party B and shall compensate Party B against the losses for expected income and relevant expenses; § to bear all expenses incurred under this Contract; § it shall notify Party B at least 30 days in advance of any activities that would have a negative impact upon Party B’s ability to realize its rights such as joint operation, merger, restructuring, sale of material asset, etc. and obtain Party B’s written consent, otherwise, Party A is not allowed to carry out the afore mentioned activity before repayment of the Loan; § to notify Party B of any changes like location, contact address, business scope, legal representative and other commercial register items within 7 days after these changes; § it shall notify Party B immediately the occurrence of any event that will affect its normal operation or solvency under this contract, such as (but not restrain to) severe economic dispute, bankruptcy, financial deterioration etc; § In case of it winding up, dissolution, suspension of operation, revoke of business license, Party A should notify Party B of such events within 5 days after their occurrence and undertake to repay the principal and interest immediately. § Others as agreed.
Additional Rights and Obligations If the Company issues securities in its next preferred equity financing 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 in the Next Financing 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), through the Subscriber’s proxy (if applicable), subject to the 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”), provided that certain rights may be reserved for investors with a minimum amount of investment in such Next Financing. Notwithstanding anything herein to the contrary, upon the execution and delivery of the Next Financing Documents by subscribers holding a majority of the then-outstanding Securities, this Subscription Agreement (excluding any then-existing and outstanding obligations) shall be automatically amended and restated by and into such Next Financing Documents and shall be terminated and of no further force or effect.
Party B’s Rights and Obligations 9.1 Party B is entitled to request Party A to repay the principal, interest accrued thereon and expenses when due, to manage and control the payment of loan amounts, to monitor on a real-time basis overall cash flows of Party A and to accelerate the maturity of the loan considering the status of collection of sale proceeds of Party A. Party B may exercise any other rights hereunder and demand Party A to perform any other obligations hereunder.
OTHER RIGHTS AND OBLIGATIONS ARTICLE 32 — RECRUITMENT AND WORKING CONDITIONS FOR RESEARCHERS 32.1 Obligation to take measures to implement the European Charter for Researchers and Code of Conduct for the Recruitment of Researchers The beneficiaries must take all measures to implement the principles set out in the Commission Recommendation on the European Charter for Researchers and the Code of Conduct for the Recruitment of Researchers23, in particular regarding: - working conditions; - transparent recruitment processes based on merit, and - career development. The beneficiaries must ensure that researchers and third parties involved in the action are aware of them.
Rights and Obligations of Party B 1. Party B is entitled to have access to information about the production, operation, and financial activities of Party A, and to require Party A to provide financial information and documents in respect to its production and operation.
Parties' Rights and Obligations If during the Term there is any Condemnation of all or any part of the Leased Property or any interest in this Lease, the rights and obligations of Lessor and Lessee shall be determined by this Article 15.