Special Obligations definition

Special Obligations means the special obligations set out in schedule 5, if any.
Special Obligations shall have the meaning set forth in Section 8.1(g).
Special Obligations. With respect to each Initial Well or Additional Development Well, the obligations of the Company of whatever type or description arising solely out of or in connection with its ownership of working shares in such Initial Well or Additional Development Well, including but not limited to the obligation to pay the costs of acquisition of the Company's share in such Initial Well or Additional Development Well, the drilling and completion of such Initial Well or Additional Development Well, to pay the Company's share of the costs of Facilities, including Facilities not currently contemplated by the Operators or the Manager, and tort liabilities for personal injury or environmental damage with respect to such Initial Well or Additional Development Well.

Examples of Special Obligations in a sentence

  • If the Executives employment is terminated by reason of the Executive's Disability during the Effective Period, this Agreement shall terminate without further obligations to the Executive, other than for timely performance of the Special Obligations, payment of Accrued Obligations and payment or provision of Other Benefits.

  • In addition, under certain circumstances, the holders of the Health Care Notes will be entitled to payment of certain Series Special Obligations and other amounts pursuant to the Indenture and the Supplement.

  • If the Executive's employment is terminated by reason of the Executive's death during the Effective Period, this Agreement shall terminate without further obligations to the Executive's legal representatives under this Agreement, other than for timely performance of the Special Obligations, payment of Accrued Obligations and payment or provision of Other Benefits.

  • In the event of non-payment of the Commission for Financial Collaboration in the manner established in this Clause, the CLIENT will be subject to the sanctions provided for in this Instrument and in the "PROVISIONS APPLICABLE TO BNDES AGREEMENTS" mentioned in Clause Fourteen (Special Obligations of the CLIENT) of this Agreement.

  • If the Executive's employment is terminated by reason of the Executive's Disability during the Effective Period, this Agreement shall terminate without further obligations to the Executive, other than for timely performance of the Special Obligations, payment of Accrued Obligations and payment or provision of Other Benefits.

  • The following obligations constitute "Series Special Obligations" for purposes of this Supplement.

  • Any claims for Damages with respect to the Special Obligations shall be satisfied first from the Special Escrow Fund and then, if the Special Escrow Fund is insufficient, from the General Escrow Fund.

  • The Escrow Shares held in the Escrow -------------- Account are the sole source of recovery by Purchaser Indemnified Parties for any Purchaser Losses pursuant to this Article IX, except with respect to Purchaser Losses arising under the Special Obligations.

  • The General Escrow Fund and the Special Escrow Fund shall be the exclusive means for the Buyer to collect any Damages for which it is entitled to indemnification with respect to the Special Obligations.

  • Paragraph Two – From the second calendar year following the signature of the contract, if the calculated values of indemnification are lower than the compensation amounts calculated for the previous calendar year, that difference shall be considered as a remunerative investment by the DISTRIBUTOR at the time of its tariff revision, being the accounted value considered in the account Obligations Linked to the Public Service of Electric Energy (Special Obligations).


More Definitions of Special Obligations

Special Obligations means any Indebtedness the source of repayment and security for which is effectively limited to (1) the property, the purchase, acquisition or improvement of which was financed with the proceeds of such Special Obligations with no recourse, directly or indirectly, to any Gross Revenues of the Authority, the Port Operators or Subsidiaries or to any other property covered by the definition ofPort Facilities” (“Nonrecourse Indebtedness”) or (2) the promise of a non-governmental person other than the Authority, the Port Operators or Subsidiaries to make to or for the account of the Authority, the Port Operators or Subsidiaries payments sufficient to amortize and pay fully such Nonrecourse Indebtedness for which the Authority was a conduit issuer (“Conduit Indebtedness”). In addition, obligations contracted or incurred and bonds issued by the Authority that are payable solely from the Transportation Trust Fund, the Commonwealth Port Fund, the Commonwealth’s General Fund or other funding sources of the Commonwealth that are not derived from the Port Operator’s, any Subsidiaries’ or the Authority’s Gross Revenues, and that have no lien on Gross Revenues shall be deemed to be Special Obligations.
Special Obligations means debt obligations issued or incurred from time to time by UAMPS pursuant to the Financing Documents (i) to finance Development Costs, the Cost of Acquisition and Construction or to refund or refinance Special Obligations, and (ii) which shall

Related to Special Obligations

  • Financial Obligation means a (i) debt obligation; (ii) derivative instrument entered into in connection with, or pledged as security or a source of payment for, an existing or planned debt obligation; or (iii) guarantee of (i) or (ii). The term Financial Obligation shall not include municipal securities as to which a final official statement has been provided to the MSRB consistent with the Rule.

  • Special Obligor has the meaning set forth in the definition of Concentration Percentage.

  • Principal Obligations means the aggregate outstanding principal amount of the Loans.

  • Legal financial obligation means a sum of money that is

  • Material Financial Obligations means a principal or face amount of Debt (other than (i) the Loans and (ii) Non-recourse Debt) and/or payment or collateralization obligations in respect of Derivatives Obligations of the Borrower and/or one or more of its Subsidiaries, arising in one or more related or unrelated transactions, exceeding in the aggregate $150,000,000.