UNDERLYING OBLIGATIONS Sample Clauses

UNDERLYING OBLIGATIONS. Parties’ obligations
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UNDERLYING OBLIGATIONS. This is an all inclusive purchase money deed of trust, securing on all-inclusive purchase money promissory note in the original principal amount of __________________________________________________________________________________________________________________________ Dollars ($_________________) (the "Note") which includes within such amount the unpaid balance of the following:
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UNDERLYING OBLIGATIONS. Anything in this Section 6 to the contrary notwithstanding, the Agent and the Banks hereby agree that the Banks shall not enter into any amendment to this Credit Agreement with any of the Borrowers (other than the Parent) without the consent of the Parent.
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UNDERLYING OBLIGATIONS. Copies of the First Note and First Mortgage are attached hereto as Exhibit D and are sometimes hereinafter referred to as the "Existing Note" and "Existing Encumbrance". If the First Mortgage documents require that the Lender consent to the conveyance provided for in this Agreement, then the parties' obligations hereunder are subject to receipt of the consent ("Consent") and an Estoppel Certificate (as hereinafter defined). The Purchaser agrees to execute the documents required by the Lender in order to obtain Lender's Consent, provided that, except for the limited personal liability provisions presently contained in the First Mortgage documents, Purchaser will not assume any personal liability for the indebtedness and the Consent shall not require a change in the interest rate or a change in the maturity date of the loan. If the Consent is not received by Seller within five (5) days prior to the Closing Date, then either party shall have the right upon notice to the other party delivered not less than three (3) days prior to the Closing Date to terminate this Agreement. In the event of termination of this Agreement, all the Earnest Money plus all accrued ixxxxxxx shall be delivered to the Purchaser.
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UNDERLYING OBLIGATIONS. Copies of the First Note and First Mortgage are attached hereto as Exhibit D and are sometimes hereinafter referred to as the "Existing Note" and "Existing Encumbrance". If the First Mortgage documents require that the Lender consent to the conveyance provided for in this Agreement, then Seller's and Purchaser's obligations hereunder are subject to receipt of the consent ("Consent"). The Purchaser agrees to execute the documents required by the Lender in order to obtain Lender's Consent, provided that Purchaser will not assume any personal liability for the indebtedness. If the Consent is not received by Seller within five (5) days prior to the Closing Date, then either party shall have the right upon notice to the other party delivered not less than three (3) days prior to the Closing Date to extend the Closing Date to a date no later than August 4, 1997. If the Consent is not received by July 30, 1997, then this Agreement shall be terminated. In the event of termination of this Agreement, all the Earnest Money plus all accrued interest shall be delivered to xxx Xxrchaser.
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UNDERLYING OBLIGATIONS. Except as otherwise expressly stated in this Amendment, all of the terms and provisions of the Voting Agreement shall remain in full force and effect, without amendment or modification. The Company and the Investors agree that this Amendment shall not be construed as an agreement to extinguish the Company’s original obligations under the Voting Agreement and shall not constitute a novation as to the obligations of the Company under the Voting Agreement.
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UNDERLYING OBLIGATIONS. Echo Bay agrees to pay, on or before August 31 each year that this Heads of Agreement or the Venture Agreement is in full force and effect, the federal claim rental fees due for the unpatented claims comprising the Venture Property. Echo Bay may, with the consent of Americomm, abandon all or a portion of Americomm Claims. As of the Effective Date, and during the Initial Exploration Phase, unless the Venture Agreement is terminated on or before thirty (30) days prior to the due date of any payment or obligation required pursuant to the xxx Xxxxxxx Lease and the Xxxxxxxx Lease, or on or before thirty (30) days prior to the end of any assessment work year, Echo Bay shall make all payments and complete all obligations required by the xxx Xxxxxxx Lease and the Xxxxxxxx Lease, and perform assessment work and make necessary filings required to maintain the unpatented claims comprising the Venture Property. Echo Bay shall make the required payments directly to Xxxxxxxxx xxx Xxxxxxx and Xxxxxx X. Xxxxxxxx, on or before fifteen (15) days prior to the due date with a copy of such payment provided to Americomm. In addition, Echo Bay shall have the right, subject to Americomm's approval, to renegotiate the xxx Xxxxxxx Lease and the Xxxxxxxx Lease.
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UNDERLYING OBLIGATIONS. This is an all inclusive purchase money deed of trust, securing on all-inclusive purchase money promissory note in the original principal amount of Dollars ($ ) (the "Note") which includes within such amount the unpaid balance of the following:
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UNDERLYING OBLIGATIONS. 4.1 The Abstract Acknowledgement of Indebtedness II is made with regard to the payment of all Obligations under the Credit Documents of the US Borrower. Without limiting the generality of the foregoing, this Agreement is made with regard to the payment of all amounts that constitute part of the Obligations under the Credit Documents and would be owed by the US Borrower to the Secured Parties but for the fact that they are unenforceable or not allowable due to the existence of a bankruptcy, reorganization or similar proceeding involving the US Borrower and/or each other Credit Party (hereinafter collectively referred to as the “Underlying Obligations”).
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Related to UNDERLYING OBLIGATIONS

  • Existing Obligations Termination of this Agreement shall not affect any obligations of the Parties under this Agreement prior to the date of termination including, but not limited to, completion of all medical records and cooperation with BCBSM with respect to any actions arising out of this Agreement filed against BCBSM after the effective date of termination. This Agreement shall remain in effect for the resolution of all matters pending on the date of termination. BCBSM's obligation to reimburse Provider for any Covered Services will be limited to those provided through the date of termination.

  • Ongoing Obligations I reaffirm my ongoing obligations under the Anthera Pharmaceuticals, Inc. Confidentiality and Inventions Assignment Agreement between me and the Company dated _______________, 20__ (the “Confidentiality Agreement ”), including, without limitation, my obligations to maintain the confidentiality of all confidential and proprietary information of the Company, to return to the Company (in good condition) all of the Company’s equipment, property, and documents (whether in paper, electronic, or other format, and all copies thereof) that are in my possession or control, and refrain from certain solicitation activities for a twelve (12) month period after my employment ends. I acknowledge that the execution of Exhibit A to the Confidentiality Agreement, entitled “Anthera Pharmaceuticals, Inc. Termination Certification” (the “Certification”), is required by the Confidentiality Agreement and accordingly agree to sign and return to the Company, at the same time I return the Release, the Certification (attached hereto as Appendix A) as a condition to my entitlement to the Separation Benefits. I also reaffirm my ongoing obligations under the Anthera Pharmaceuticals, Inc. Statement of Company Policy Regarding Xxxxxxx Xxxxxxx and Disclosure of Material Non-Public Information (the “Xxxxxxx Xxxxxxx Policy”) and agree that those obligations continue to apply following my separation from employment, until such time as any material, nonpublic information possessed by me has become public or is no longer material, but not to exceed 12 months. Without limiting the foregoing, I acknowledge and agree that I shall continue to be subject to the remainder of any Quarterly Black-Out or Special Black-Out (as defined in the Xxxxxxx Xxxxxxx Policy), if such black-out period was instituted prior to my separation from employment.

  • Filing Obligations The Master Servicer, the Trustee and each Seller shall reasonably cooperate with the Depositor in connection with the satisfaction of the Depositor's reporting requirements under the Exchange Act with respect to the Trust Fund. In addition to the information specified below, if so requested by the Depositor for the purpose of satisfying its reporting obligation under the Exchange Act, the Master Servicer, the Trustee and each Seller shall (and the Master Servicer shall cause each Subservicer to) provide the Depositor with (a) such information which is available to such Person without unreasonable effort or expense and within such timeframe as may be reasonably requested by the Depositor to comply with the Depositor's reporting obligations under the Exchange Act and (b) to the extent such Person is a party (and the Depositor is not a party) to any agreement or amendment required to be filed, copies of such agreement or amendment in EDGAR-compatible form.

  • Reporting Obligations As long as any Holder shall own Registrable Securities, the Company, at all times while it shall be a reporting company under the Exchange Act, covenants to file timely (or obtain extensions in respect thereof and file within the applicable grace period) all reports required to be filed by the Company after the date hereof pursuant to Sections 13(a) or 15(d) of the Exchange Act and to promptly furnish the Holders with true and complete copies of all such filings. The Company further covenants that it shall take such further action as any Holder may reasonably request, all to the extent required from time to time to enable such Holder to sell shares of Common Stock held by such Holder without registration under the Securities Act within the limitation of the exemptions provided by Rule 144 promulgated under the Securities Act (or any successor rule promulgated thereafter by the Commission), including providing any legal opinions. Upon the request of any Holder, the Company shall deliver to such Holder a written certification of a duly authorized officer as to whether it has complied with such requirements.

  • General Servicing Obligations The Company shall sell any REO Property within two years after its acquisition by the REMIC unless (i) the Company applies for an extension of such two-year period from the Internal Revenue Service pursuant to the REMIC Provisions and Code Section 856(e)(3), in which event such REO Property shall be sold within the applicable extension period, or (ii) the Company obtains for the Purchaser an Opinion of Counsel, addressed to the Purchaser and the Company, to the effect that the holding by the REMIC of such REO Property subsequent to such two year period will not result in the imposition of taxes on "prohibited transactions" as defined in Section 860F of the Code or cause the REMIC to fail to qualify as a REMIC under the REMIC Provisions or comparable provisions of relevant state laws at any time. The Company shall manage, conserve, protect and operate each REO Property for the Purchaser solely for the purpose of its prompt disposition and sale in a manner which does not cause such REO Property to fail to qualify as "foreclosure property" within the meaning of Section 860G(a)(8) or result in the receipt by the REMIC of any "income from non-permitted assets" within the meaning of Section 860F(a)(2)(B) of the Code or any "net income from foreclosure property" which is subject to taxation under Section 860G(a)(1) of the Code. Pursuant to its efforts to sell such REO Property, the Company shall either itself or through an agent selected by the Company protect and conserve such REO Property in the same manner and to such extent as is customary in the locality where such REO Property is located and may, incident to its conservation and protection of the interests of the Purchaser, rent the same, or any part thereof, as the Company deems to be in the best interest of the Company and the Purchaser for the period prior to the sale of such REO Property; provided, however, that any rent received or accrued with respect to such REO Property qualifies as "rents from real property" as defined in Section 856(d) of the Code.

  • Post-Closing Obligations Seller and Buyer agree to the following post-Closing obligations:

  • Outstanding Obligations Borrower shall have no obligations as of the date of this Agreement except those approved by HUD in writing and, except for those approved obligations, the Land has been paid for in full (or if the Land is subject to a leasehold interest, it must be subject to a HUD-approved lease), and is free from any liens or purchase money obligations, except as approved by HUD. As of the date hereof, all contractual obligations relating to the Project have been fully disclosed to HUD.

  • Closing Obligations At the Closing:

  • Periodic Reporting Obligations During the Prospectus Delivery Period, the Company will duly file, on a timely basis, with the Commission and the Trading Market all reports and documents required to be filed under the Exchange Act within the time periods and in the manner required by the Exchange Act.

  • Funding Obligations 6.1 Grantee acknowledges that HHSC’s obligation for payment, in consideration of full and satisfactory performance of activities described in this Contract, is limited to monies received from the Administration on Aging (“AoA”), the State, and any other funding source.

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