Triad Obligation Sample Clauses

Triad Obligation. In addition, with respect to third party Equipment and Third Party Materials provided by or on behalf of Triad and the Eligible Recipients pursuant to this Agreement and obtained or licensed by Triad or the Eligible Recipients prior to the Effective Date, Triad covenants that it will, at Supplier’s request, enforce such intellectual property indemnification rights as it has with respect to such Equipment or Third Party Materials from the supplier of such Equipment or Materials for itself and on behalf of Supplier. With respect to third party Equipment or Third Party Materials provided by or on behalf of Triad and the Eligible Recipients pursuant to this Agreement and obtained or licensed by Triad or the Eligible Recipients following the Effective Date, Triad covenants that it will undertake commercially reasonable efforts to obtain and provide intellectual property indemnification for Supplier (or obtain intellectual property indemnification for itself and enforce such indemnification on behalf of Supplier) from the supplier of such third party Equipment or Third Party Materials that is (i) comparable to the intellectual property indemnification provided by Triad to Supplier under this Agreement, or (ii) the indemnification(s) customarily or reasonably available in the industry for the same or substantially similar types of products.
Sample 1
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Related to Triad Obligation

  • Valid Obligation Notes issued on the registration of transfer or exchange of Notes will be the valid obligations of the Issuer, evidencing the same debt, and have the same benefits under this Indenture as the Notes surrendered for registration of transfer or exchange.

  • Valid Obligations The execution, delivery and performance of the Loan Documents have been duly authorized by all necessary corporate action and each represents a legal, valid and binding obligation of Borrower and is fully enforceable according to its terms, except as limited by laws relating to the enforcement of creditors' rights.

  • 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.

  • Fund Obligations A. The Fund agrees to use its reasonable efforts to deliver to DST in Kansas City, Missouri, as soon as they are available, all of its shareholder account records.

  • Unfunded Obligation The obligations under this Agreement shall be unfunded. Benefits payable under this Agreement shall be paid from the general assets of the Company. The Company shall have no obligation to establish any fund or to set aside any assets to provide benefits under this Agreement.

  • 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.

  • Joint Obligation If there be more than one Tenant, the obligations hereunder imposed shall be joint and several.

  • Independent Obligation The obligations of each Guarantor hereunder are independent of the obligations of any other Guarantor or the Borrower, and a separate action or actions may be brought and prosecuted against each Guarantor whether or not action is brought against any other Guarantor or the Borrower and whether or not any other Guarantor or the Borrower is joined in any such action or actions.

  • Debt and Obligations Secured All property and Liens assigned, pledged or otherwise granted under or in connection with this Agreement (including, without limitation, those under Section 3.2 (Grant of Liens)) or any of the Financing Documents shall secure (a) the payment of all of the Obligations, and (b) the performance, compliance with and observance by the Borrower of the provisions of this Agreement and all of the other Financing Documents or otherwise under the Obligations.

  • Excluded Obligations Notwithstanding anything to the contrary expressed or implied in the Finance Documents, the Security Agent shall not:

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