Binding Obligations definition

Binding Obligations shall have the meaning set forth in Section 8.2. “Capacity Price” shall have the meaning set forth in Section 5.1. “Contract Term” shall mean May 1, 2015 through to May 31, 2020.
Sample 1
Binding Obligations. All of the obligations set forth in the Project Agreements shall bind the Participants and their successors and assigns, and such obligations shall run with the Participants’ rights, titles and interests in the Transmission System and with all of the interests of each Participant in the Project Agreements; provided that any mortgagee, trustee or secured party shall not be obligated for obligations arising prior to taking of possession or the initiation ofremedial proceedings.
Sample 1
Binding Obligations shall have the meaning set forth in Section 8.2. “Contract Term” shall have the meaning set forth in Section 3.3.
Sample 1

Examples of Binding Obligations in a sentence

  • The Binding Obligations shall be legally binding upon and enforceable against the Parties and their successors and permitted assigns and shall survive the termination of this Term Sheet.

  • Other than the Binding Obligations, nothing contained herein shall constitute a definitive agreement between the Parties.

  • Accordingly, except for the Binding Obligations, if for any reason whatsoever the Proposed Transaction is not consummated, neither Party hereto shall be entitled to any form of relief whatsoever, including, without limitation, injunctive relief or damages.

  • It is expressly agreed and acknowledged that, with the exception of the Binding Obligations, no agreement has been reached by the Parties.

Related to Binding Obligations

  • binding corporate rules means personal data protection policies which are adhered to by a controller or processor established on the territory of a Member State for transfers or a set of transfers of personal data to a controller or processor in one or more third countries within a group of undertakings, or group of enterprises engaged in a joint economic activity;

  • Enforceability Exceptions has the meaning set forth in Section 3.2.

  • Governing Documents means, with respect to any Person, the certificate or articles of incorporation, by-laws, or other organizational documents of such Person.

  • Agreement Documents means the instructions to proponents, scope of service, addenda, response to the RFP, and the acceptance of proposal together with all subsequently negotiated agreements, written amendments, modifications, and supplements to such documents and all written authorizations signed by the administrator(s) amending, deleting, or adding to the contract.

  • Person entitled under the document means the holder, in the case of a negotiable document of title, or the person to which delivery of the goods is to be made by the terms of, or pursuant to instructions in a record under, a nonnegotiable document of title.

  • Ancillary Agreements means the Assignment and Assumption Agreement, the Xxxx of Sale, the IP Assignment Agreement, the Confidentiality Agreement, the Transition Services Agreement and the other documents, instruments, exhibits, annexes, schedules or certificates contemplated hereby and thereby.

  • Related Agreements means all agreements, instruments and documents executed and delivered under this Agreement or in connection herewith.

  • Ancillary Documents means each agreement, instrument or document attached hereto as an Exhibit, and the other agreements, certificates and instruments to be executed or delivered by any of the Parties hereto in connection with or pursuant to this Agreement.