Obligations of the Contractors. In connection with the registration of the Registrable Securities, the Contractors shall have the following obligations;
Obligations of the Contractors. Under the terms of the Contract, the principal obligation of the Contractors is the construction of the Works. The obligations of the Contractors under the Contract are joint and several. The Contractors shall indemnify the Company against any loss or expense sustained by the Company and against all losses and claims in respect of death or injuries or damage to any person or property whatsoever which may arise out of or in consequence of the execution of the Works and against all claims, proceedings, damages, costs, charges and expenses whatsoever in respect of or in relation thereto, except for compensation or damages related to the permanent use or occupation of land by the Works, or the right of the Company to execute the Works on any part of the land, or on account of any negligence by the Company, its agents, servants or other contractors, not being employed by the Contractors. The Contractors shall indemnify the Company against all damages and compensation and against all claims, demands, proceedings, costs, charges and expenses whatsoever in respect of any damages or compensation payable at law in respect of or in consequence of any accident, injury or illness to any xxxxxxx or other person in the employment of the Contractors or their sub-contractors or suppliers arising out of and in the course of such employment. The Contractors shall effect and maintain insurance with a limit of not less than HK$200,000,000.00 in relation to certain of its liabilities for the period commencing on 29 April 2011 until 30 June 2016. Pursuant to the terms of the Contract, a bond issued by Chartis Insurance Hong Kong Limited will be provided to the Company in respect of the obligations of the Contractors under the Contract.
Obligations of the Contractors. Under the terms of the Contract, the principal obligation of the Contractors is to undertake the design and construction of the Works. The Contractors shall have joint and several responsibility for the execution of the Works, whereby both parties shall be collectively and individually responsible for the fulfilment of the Contractors’ obligations. The Contractors shall be liable for claims and proceedings from third parties arising from the execution of the Works, loss or damage to the Works, loss or damage to property owned by the Company and death or bodily injury to the employees of the Contractors. The Contractors shall indemnify the Company against costs incurred by the Company in respect of such matters. The Contractors shall effect and maintain professional indemnity insurance with a limit of HK$100,000,000 for each and every occurrence and in aggregate. The Contractors shall provide a performance bond in respect of its obligations under the Contract.
Obligations of the Contractors. 4.1. The Contractors are subject to the rules and regulations set up in Consortium Agreement, EACH programme application and its annexes, programme funding decision, Grant Agreement (no 2014-2613/001-001-EMJMD) and its annexes (including Administrative and Financial Handbook) and the Erasmus+ 2014-2020 Programme Guide as well as the Programme decision (no 1288/2013/EC).
Obligations of the Contractors. Without prejudice to any other obligations under the Contract and this Consortium Agreement, the Contractors shall take all necessary actions to perform, fulfil, promptly and in due time all their obligations to carry out the work. This includes, but is not limited to: promptly notify the Coordinator and the Management Office of any delay in performance or of any event that may impact the work schedule, the provisional budget or the delivery of results; promptly inform the Steering Committee of any relevant event and communications received from third parties in relation to the Project; ensure, as far as reasonably possible, the accuracy of any information or materials it supplies to the other Contractors or under the Contract and to promptly correct any error therein of which it is notified; not to use knowingly any proprietary rights of any third party for which he has not acquired the corresponding right of use and/or to grant licences; act at all times in good faith and in a manner that reflects the good name, goodwill and reputation of the other Contractors in compliance with good management practice and in accordance with good scientific and business ethics; to participate in a cooperative manner to the meetings of the Steering Committee and of the Work Package Committees. The Contractors shall provide the Coordinator and the Management Team with the Deliverables, information and reports as they require in order to perform their duties under this Consortium Agreement and under the Contract or as the Commission may request.
Obligations of the Contractors. The Contractors are subject to the rules and regulations set up in the Framework Agreement and in the Specific Agreement as well as to the writings in the Erasmus Mundus Joint Doctorate Application. The Contractors shall undertake: - To take all the steps necessary to prepare for, perform and correctly manage the programme set out in this contract and its annexes, in accordance with the objectives of the project as set out in the Agreements concluded between the EDUCATION, AUDIOVISUAL AND CULTURE EXECUTIVE AGENCY (EACEA) and the legal representative of the Consortium Coordinator of the NanoFar Consortium. - To comply with all the provisions of Agreements binding the Consortium Coordinator to the EDUCATION, AUDIOVISUAL AND CULTURE EXECUTIVE AGENCY (EACEA). - To communicate to the Consortium Coordinator any information or document required by the latter that is necessary for the management of the project. - To accept responsibility for all information communicated to the Consortium Coordinator, including details of costs claimed and, where appropriate, expenses difficult to justify. - To nominate their own representatives to the Supervisory Board and Management Board. The Contractors also undertake: - To promptly notify any delay in performance or any event that may impact the joint doctoral programme to the Management Board. - To inform the Management Board of relevant informations received from third parties as regards the joint doctoral course. - To act at all times in good faith and in a manner that reflects the good name, goodwill and reputation of the other Contractors and in accordance with scientific and academic ethics. - To participate in a cooperative manner at the meetings of the different bodies under this Consortium Agreement.
