Trustor's Obligations Sample Clauses

Trustor's Obligations. Trustor represents and warrants that, as of the date hereof, it occupies the Property, and there are no Leases in effect with respect to the Property except for unrecorded month-to-month leases and as expressly set forth on Schedule 1 hereto. With respect to any Leases entered into after the date hereof, Trustor shall, in addition to any other obligations of Trustor provided for herein with respect to such Leases, at its sole cost and expense: (i) cause all tenant improvements to be constructed in a workmanlike manner and in accordance with all applicable laws, ordinances, rules and regulations; (ii) to the extent that Trustor is no longer in occupancy of any material portion of the Property, use reasonable efforts to keep such unoccupied portions of the Property leased at all times to lessees which Trustor reasonably and in good faith believes are creditworthy at rents not less than the fair market rental value (including, but not limited to, free or discounted rents to the extent the market so requires); (iii) appear in and defend any action or proceeding arising under, growing out of or in any manner connected with the Leases or the obligations, duties or liabilities of the landlord or of any lessees thereunder; (iv) promptly execute (and use reasonable efforts to cause all necessary third parties to execute) and record any additional assignments of landlord's interest under any Lease to Beneficiary and specific subordinations of any Lease to this Deed of Trust; and (v) furnish Beneficiary a written statement containing the names of all lessees and the terms of all Leases, including the spaces occupied and the rentals payable thereunder.
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Trustor's Obligations under the Existing Instruments and the notes and other instruments executed and delivered pursuant thereto, as amended by and pursuant to the Plan and the New Instruments, shall continue to be secured by the Deed of Trust, which is hereby amended to conform to the terms thereof and to secure the obligations of Trustor thereunder. Notwithstanding anything to the contrary contained in the Deed of Trust, all obligations under the New Instruments shall be secured by the Deed of Trust without regard to the amount thereof. Except as amended by this Amendment, the Deed of Trust shall continue unmodified and in full force and effect. The parties hereto hereby ratify and confirm the Deed of Trust, as amended herein.
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Trustor's Obligations. (a) In consideration of the rights afforded to it under this Agreement, including the right pursuant to Section 5.02(b) to demand the transfer to it of amounts on deposit in the Trustor Account, which amounts constitute the credit protection provided to the Trustor under the Transaction Structure, the Trustor agrees to make such payments to the Issuer as may be required from time to time to ensure that the Issuer will at all times have sufficient funds available for the performance of its obligations under the Transaction Documents, including, but not limited to, (i) the Issuer's obligation on any Payment Date to make payments of principal and interest then due and payable on the Securities under the Indenture and (ii) the Issuer's obligation on any Remittance Date to make deposits to the Applicable Subaccounts in respect of Tranche Write-up Amounts, if any, allocated to increase the Class Principal Balance of any Class of Securities.
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Trustor's Obligations. In the event of any damage to or loss or destruction of the Premises, Trustor shall (i) promptly notify Beneficiary of such event; (ii) take such steps as shall be necessary to preserve any undamaged portion of the Premises; and (iii) unless otherwise instructed by Beneficiary shall, regardless of whether the insurance proceeds, if any, shall be sufficient for the purpose, promptly (and in any event, prior to the date on which any tenant under any Lease, as defined herein, shall be entitled to cancel or terminate said Lease because of any such damage, loss or destruction) commence and diligently pursue to completion the restoration, replacement and rebuilding of the Premises as nearly as possible to their value, condition and character immediately prior to such damage, loss or destruction and in accordance with plans and specifications approved, and with other provisions for the preservation of the security hereunder established, by Beneficiary, which approval shall not be unreasonably withheld or delayed.
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Trustor's Obligations. Trustor's obligation to make payment on ---------------------- Trustor's Obligations shall not axxxx pending any repair or restoration of the Real Property due to the Condemnation. In addition, Trustor shall reimburse Beneficiary, within 10 days after demand, for all costs, expenses, and fees (including architect and engineer fees) incurred by Beneficiary in connection with any repair or restoration of the Real Property due to the Condemnation. 3.10.6
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Trustor's Obligations. In the event of any material damage to or loss or material destruction of the Land or Improvements, Trustor shall promptly notify Beneficiary of such event.
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Trustor's Obligations. The TRUSTOR is bound to:
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Trustor's Obligations. The Trustor acquires the following obligations, in addition to any others provided herein:
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Trustor's Obligations. The Settling Parties’ obligations under this Trust Agreement shall be limited to funding the Trust to the extent required by this Trust Agreement.
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Related to Trustor's Obligations

  • Vendor’s Obligations Vendor shall incur no further obligations in connection with the terminated work and on the date set in the notice of termination Vendor will stop work to the extent specified. Vendor shall also terminate outstanding orders and subcontracts as they relate to the terminated work. Vendor shall settle the liabilities and claims arising out of the termination of subcontracts and orders connected with the terminated work. The MTC or designee may direct Vendor to assign Vendor’s right, title, and interest under terminated orders or subcontracts to the MTC. Vendor must still complete the work not terminated by the notice of termination and may incur obligations as are necessary to do so.

  • Contractor’s Obligations The Contractor shall fully and timely provide all deliverables described in the Solicitation and in the Contractor’s Offer in strict accordance with the terms, covenants, and conditions of the Contract and all applicable Federal, State, and local laws, rules, and regulations.

  • Licensors Obligations 4.5.1. Xxxxx the Licensee the right to use the intellectual property (the Service) as in the Agreement. Ensure 24/7 availability of the Service, apart from preventive maintenance time.

  • LESSOR'S OBLIGATIONS Subject to the provisions of Paragraphs 2.2 (Condition), 2.3 (Compliance), 9 (Damage or Destruction) and 14 (Condemnation), it is intended by the Parties hereto that Lessor have no obligation, in any manner whatsoever, to repair and maintain the Premises, or the equipment therein, all of which obligations are intended to be that of the Lessee. It is the intention of the Parties that the terms of this Lease govern the respective obligations of the Parties as to maintenance and repair of the Premises, and they expressly waive the benefit of any statute now or hereafter in effect to the extent it is inconsistent with the terms of this Lease.

  • Pledgor's Obligations Not Affected The obligations of Pledgor hereunder shall remain in full force and effect without regard to, and shall not be impaired by: (a) any bankruptcy, insolvency, reorganization, arrangement, readjustment, composition, liquidation or the like of Pledgee; (b) any exercise or nonexercise, or any waiver, by Pledgee of any right, remedy, power or privilege under or in respect of the Obligations or any of any security therefor (including this Agreement); (c) any amendment to or modification of any instrument (other than this Agreement) securing any of the Obligations; or (d) the taking of additional security for, or any guaranty of, any of the Obligations or the release or discharge or termination of any security or guaranty for any of the Obligations; whether or not Pledgor shall have notice or knowledge of any of the foregoing.

  • Guarantor’s Obligations Unconditional The obligations of each Guarantor under this Guaranty shall be primary, absolute and unconditional obligations of each Guarantor, shall not be subject to any counterclaim, set-off, deduction, diminution, abatement, recoupment, suspension, deferment, reduction or defense based upon any claim each Guarantor or any other person may have against the Company or any other person, and to the full extent permitted by applicable law shall remain in full force and effect without regard to, and shall not be released, discharged or in any way affected by, any circumstance or condition whatsoever (whether or not each Guarantor or the Company shall have any knowledge or notice thereof), including:

  • PLEDGORS’ OBLIGATIONS ABSOLUTE, ETC The obligations of each Pledgor under this Agreement shall be absolute and unconditional and shall remain in full force and effect without regard to, and shall not be released, suspended, discharged, terminated or otherwise affected by, any circumstance or occurrence whatsoever, including, without limitation: (i) any renewal, extension, amendment or modification of or addition or supplement to or deletion from any Secured Debt Agreement or any other instrument or agreement referred to therein, or any assignment or transfer of any thereof; (ii) any waiver, consent, extension, indulgence or other action or inaction under or in respect of any such agreement or instrument including, without limitation, this Agreement; (iii) any furnishing of any additional security to the Pledgee or its assignee or any acceptance thereof or any release of any security by the Pledgee or its assignee; (iv) any limitation on any party's liability or obligations under any such instrument or agreement or any invalidity or unenforceability, in whole or in part, of any such instrument or agreement or any term thereof; or (v) any bankruptcy, insolvency, reorganization, composition, adjustment, dissolution, liquidation or other like proceeding relating to any Pledgor or any Subsidiary of any Pledgor, or any action taken with respect to this Agreement by any trustee or receiver, or by any court, in any such proceeding, whether or not such Pledgor shall have notice or knowledge of any of the foregoing.

  • Managers’ Obligations 4.1 The Managers undertake to use their best endeavours to provide the agreed Management Services as agents for and on behalf of the Owners in accordance with sound ship management practice and to protect and promote the interests of the Owners in all matters relating to the provision of services hereunder. Provided, however, that the Managers in the performance of their management responsibilities under this Agreement shall be entitled to have regard to their overall responsibility in relation to all vessels as may from time to time be entrusted to their management and in particular, but without prejudice to the generality of the foregoing, the Managers shall be entitled to allocate available supplies, manpower and services in such manner as in the prevailing circumstances the Managers in their absolute discretion consider to be fair and reasonable.

  • Conditions to the Investor’s Obligations The obligation of each Investor to purchase the Shares and the Warrants at the Closing is subject to the fulfillment to such Investor’s satisfaction, on or prior to the Closing Date, of the following conditions, any of which may be waived by such Investor (as to itself only):

  • Conditions to Investor’s Obligations As a prerequisite to the Investment Commitment Closing and the Investor's obligations hereunder, all of the following (the "Conditions to Investor's Obligations") shall have been satisfied prior to or concurrently with the Company's execution and delivery of this Agreement:

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