SALE OBLIGATIONS Sample Clauses

SALE OBLIGATIONS. 3.1 During the Supply Term, we agree to sell to you, and you agree to buy from us, the Services and any Other Services.
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SALE OBLIGATIONS the Network Charge. You must also pay our reasonable administrative costs of arranging any new connection.
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SALE OBLIGATIONS. In the event that the General Partner or the Public Company (as applicable, the "Seller") or the shareholders of the Seller enters into an agreement ("Sale Agreement") for the sale of the General Partner or its Shares or assets to, or the merger of the Seller with and into, any person (an "Unaffiliated Buyer") who is unaffiliated with the Seller (a "Sale"), then the Seller shall have the right to require the sale of all of the Shares held by the Limited Partners to, or the merger of the Partnership with and into, such Unaffiliated Buyer. To exercise such co-sale rights, the Seller must deliver written notice (the "Sale Notice") to the Limited Partners within 15 days of the date the Sale Agreement is executed. Such sale by the Limited Partners shall be on the same terms and conditions as are applicable to the Seller except that the consideration to be paid to the Limited Partners shall collectively be equal to 59.4% (i.e., 60% x 99% of the consideration that bears the same relationship to the total consideration to be received by the Seller or the shareholders of the Seller in connection with the transaction as the Adjusted Pre-Tax Earnings (as defined in Section 16.11B) of the Partnership during the Sale Measurement Period (as defined below) bears to the Seller Pro Forma Adjusted Pre-Tax Earnings (as defined below) during the Sale Measurement Period. The consideration to be distributed to the Limited Partners shall be allocated based on their relative Participating Percentages. "Seller Pro Forma Adjusted Pre-Tax Earnings" means the pre-tax income of the Seller, as adjusted by adding back general and administrative expenses, nonrecurring items and restaurant pre-opening expenses for the Seller.
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SALE OBLIGATIONS. 4.1 The principal role of airHomes Sale is to establish and maintain the Platform and provide a stellar marketing fee structure to generously reward Marketing Partners for completed sales of Stock Properties to Clients.
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SALE OBLIGATIONS 
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Related to SALE OBLIGATIONS

  • One Obligation The Loans, LC Obligations and other Obligations shall constitute one general obligation of Borrowers and (unless otherwise expressly provided in any Loan Document) shall be secured by Agent’s Lien upon all Collateral; provided, however, that Agent and each Lender shall be deemed to be a creditor of, and the holder of a separate claim against, each Borrower to the extent of any Obligations jointly or severally owed by such Borrower.

  • Enforceable Obligations This Agreement is, and the other Loan Documents when duly executed and delivered will be, legal, valid and binding obligations of each Restricted Person which is a party hereto or thereto, enforceable in accordance with their terms except as such enforcement may be limited by bankruptcy, insolvency or similar Laws of general application relating to the enforcement of creditors' rights.

  • Guaranty of the Obligations Subject to the provisions of Section 7.2, Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to Administrative Agent for the ratable benefit of the Beneficiaries the due and punctual payment in full of all Obligations when the same shall become due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code, 11 U.S.C. § 362(a)) (collectively, the “Guaranteed Obligations”).

  • Absolute Obligation Except as expressly provided herein, no provision of this Debenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interest, as applicable, on this Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.

  • Client Obligations 3.1 The Client shall:

  • Enforceable Obligation The Company represents and warrants that at the time of the original issuance of this Note it received the full purchase price payable pursuant to the Note Purchase Agreement in an amount at least equal to the original principal amount of this Note, and that this Note is an enforceable obligation of the Company which is not subject to any offset, reduction, counterclaim or disallowance of any sort.

  • Disclosure Obligations LAUSD expects Contractors and their Representatives to satisfy the following public disclosure obligations:

  • Guaranty Obligations Unless otherwise specified, the amount of any Guaranty Obligation shall be the lesser of the principal amount of the obligations guaranteed and still outstanding and the maximum amount for which the guaranteeing Person may be liable pursuant to the terms of the instrument embodying such Guaranty Obligation.

  • Surety Obligations No Borrower or Subsidiary is obligated as surety or indemnitor under any bond or other contract that assures payment or performance of any obligation of any Person, except as permitted hereunder.

  • Corporate Obligations To the extent permitted by law, no recourse under any obligation, covenant, or agreement of any person contained in this Agreement shall be had against any shareholder, officer or director of such person as such, by the enforcement of any assessment or by any legal proceeding, by virtue of any statute or otherwise; it being expressly agreed and understood that this Agreement is a corporate obligation of each person expressed to be a party hereto and no personal liability shall attach to or be incurred by the shareholders, officers, agents or directors of such person as such, or any of them, under or by reason of any of the obligations, covenants or agreements of such person contained in this Agreement, or implied therefrom, and that any and all personal liability for breaches by such person of any of such obligations, covenants or agreements, either under any applicable law or by statute or constitution, of every such shareholder, officer, agent or director is hereby expressly waived by each person expressed to be a party hereto as a condition of and consideration for the execution of this Agreement.

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