Rights/Obligations. (a) The Union and the Employer agree that there must be mutual respect for the rights and obligations of the Union and the Employer and the representatives of each.
Rights/Obligations. A Financing Party may enforce its lien or other rights and acquire title to the System or Tenant’s interest in this Lease (collectively, the “System Estate”) in any lawful way, pending foreclosure of such lien or exercise of such other rights, any Financing Party may take possession of and operate the System Estate. Upon foreclosure of such lien by power of sale, judicial foreclosure or acquisition of the System Estate by deed in lieu of foreclosure, a Financing Party may, upon notice to Landlord, sell and assign the System Estate to a third party. No Financing Party shall have any obligation or liability under this Agreement prior to the time that such Financing Party or its designee succeeds to absolute title to Tenant’s interest in this Agreement. Following and only following the acquisition of the System Estate by a Financing Party or its designee as set forth above, the Financing Party or other person acquiring title to the System Estate shall (i) within twenty (20) days of acquiring the System Estate, cure all defaults by Tenant hereunder that are capable of being cured; provided, however, if such defaults cannot be cured within the said twenty (20) day period, the cure period shall be extended for a reasonable period of time for the Financing Party or other person to cure such default as long as Financing Party or other person has commenced cure and is diligently pursuing the same; and (ii) assume and commence performance of all of Tenant’s obligations under this Lease thereafter arising. Landlord agrees that no Financing Party shall be obligated to perform any obligation or be deemed to incur any liability or obligation provided in this Lease on the part of Tenant or shall have any obligation or liability to Landlord with respect to this Lease except to the extent any Financing Party has expressly assumed the obligations of Tenant hereunder pursuant to this Section 6.3.
Rights/Obligations. The Lender shall have the right to monitor and supervise the use of the Loan and understand the solvency of the Borrower. The Borrower shall provide the relevant information truthfully. If the Borrower fails to use the loan as terms and conditions stipulated in the Contract, the Lender shall have the right to recover part of the loan and impose penalty interest on the default part in accordance with the provisions of the Bank. In case of prepayment by the Lender, the interest shall be reduced as required.
Rights/Obligations. 3.1 The Customer agrees to provide Tension with access to premises, equipment, internet access, software, intellectual property rights, documentation or anything Tension reasonably deems necessary for the performance of the Assignment, whether explicitly included in the Dependency List or otherwise
Rights/Obligations. The Union and the University agree that there must be mutual respect for the rights and obligations of the Union and the University and the representatives of each.
Rights/Obligations. Section 1. The Employer agrees that its rights, set forth in Section 3.03 of the MLA, are subject to the rights of the Union to bargain over:
Rights/Obligations. It is expressively understood that Ector County does not purport to grant any right, claim, title or easement in this right-of-way; and it is further understood that Grantor may require the Grantee, at the Grantee’s expense, to lower or relocate this line, subject to provisions of governing laws, by giving thirty (30) days written notice.
Rights/Obligations. Each Special Member shall be a member of the Company having no interest in the profits, losses and capital of the Company and having no right to receive any distributions of the Company’s assets. Pursuant to Section 18-301 of the Act, a Special Member shall not be required to make any capital contributions to the Company and shall not receive a limited liability company interest in the Company. No Special Member, in such Person’s capacity as a Special Member, may bind the Company. Except as required by any mandatory provision of the Act, no Special Member, in such Person’s capacity as a Special Member, shall have a right to vote on, approve or otherwise consent to any action by, or matter relating to, the Company, including, without limitation, the merger, consolidation or conversion of the Company; provided, however, such prohibition shall not limit the obligations of a Special Member, in such Person’s capacity as an Independent Manager, to vote on any Material Action.
Rights/Obligations. 1. The manufacturer may produce its e-mopeds in batches and reserves the right to schedule a batch before proceeding to actual production. This goes also for pre-order campaigns.
