Surviving Obligation definition

Surviving Obligation means any contingent obligation arising under a provision of this Agreement that expressly survives termination hereof as to which no claim has been asserted.
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Surviving Obligation means (a) each agreement and obligation set forth in Section 9.9 (Expenses), (b) the indemnification and reimbursement obligations of the Buyer under Section 5.13 and (c) the obligations to pay any Termination Fee or Prevailing Party Reimbursement Amount.
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Surviving Obligation means any contingent obligation arising under a provision of this Agreement that expressly survives
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Examples of Surviving Obligation in a sentence

  • Notwithstanding the foregoing, the parties acknowledge and agree that the same shall not be a Surviving Obligation which could result in an Urban Post-Closing Default.

  • The provisions of Section 7.1 and Section 7.2 shall not be construed to prevent a Defaulting Party from pursuing after Closing its remedies for breach of a Surviving Obligation in accordance with (and subject to the limitations set forth in) Section 5.4.

  • If Employee's participation in any such plan is barred, Employer shall arrange to provide Employee during the Surviving Obligation Period with benefits substantially similar to those which he was entitled to receive under such plans prior to the time of such termination.

  • In addition, the Employer shall be obligated to pay to the Employee, for a period of time commencing on the date of termination of the Term of Employment and continuing until the Term Date (herein called the "Surviving Obligation Period"), the Employee's Salary for the remaining period pursuant to this Agreement.

  • Each of the obligations set forth in this Section 10 shall be a Surviving Obligation.

  • This paragraph 7(b)(i) shall survive the Closing or the termination of this Agreement as a Surviving Obligation.

  • The enforcement of any Surviving Obligation shall be by litigation in accordance with the provisions of Section 12.7 hereof, except and to the extent the provisions of this Agreement specifically provide Urban with rent credits, the right to cure or self help, and the right to set off damages; provided, however, the exercise of any of such rights shall not preclude PAID from challenging the same by litigation in a court of competent jurisdiction.

  • Seller has not received any notice from Pfizer relating to any prospective licenses or sublicenses in respect of the CD20 Biosimilar Product or any Surviving Obligation under the License Agreement.

  • The Closing Surviving Obligations and Seller’s liability thereunder will survive Closing for the Survival Period unless a specified period is otherwise provided in the applicable Closing Surviving Obligation.

  • Seller has not assigned or otherwise transferred, in whole or in part, any Surviving Obligation under the License Agreement or any of Seller’s right, title or interest in and to the Purchased Assets.