OTHER OBLIGATIONS OF THE PURCHASER. The purchaser agrees to maintain in good standing those mineral claims comprised in the Property by the doing and filing of assessment work or the making of payments in lieu thereof, by the payment of taxes and rentals, and the performance of all other actions which may be necessary in that regard and in order to keep such mineral claims free and clear of all liens and other charges arising from the purchaser's activities thereon except those at the time contested in good faith by the Purchaser; The Purchaser agrees to do all work on the property in a good and xxxxxxx like fashion and in accordance with all applicable laws, regulations, orders and ordinances of any governmental authority. The Purchaser agrees to indemnify and save the Vendor harmless in respect of any and all costs, claims, liabilities and expenses arising out of the Purchasers activities on the Property, but the Purchaser shall incur no obligation hereunder in respect of claims arising or damages suffered after termination of the Purchase Agreement if upon termination of the Agreement any workings on or improvements to the Property made by the Purchaser are left in a safe condition in accordance with government regulations and laws. The Purchaser agrees to provide the Vendor with copies of all technical report, assays and maps resulting from their work on these properties.
OTHER OBLIGATIONS OF THE PURCHASER. 9. The Purchaser agrees to maintain in good standing those mineral claims comprised in the Property by the doing and filing of assessment work or the making of payments in lieu thereof, by the payment of taxes and rentals, and the performance of all other actions which may be necessary in that regard and in order to keep such mineral claims free and clear of all liens and other charges arising from the purchaser's activities thereon except those at the time contested in good faith by the Purchaser;
OTHER OBLIGATIONS OF THE PURCHASER. 4.1. Purchaser (either Purchaser directly or Purchaser’s agent(s)) agrees to provide Supplier by the 15th of each month a sales forecast by month for the following six (6) months detailing expected purchase quantities of Organic RiSolubles® (the “Rolling Forecast”) and other products, if applicable. Purchaser agrees that, as part of the Rolling Forecast, the order quantities detailed for the first three (3) months of the applicable six (6) month Rolling Forecast will, upon confirmation by Supplier, each be deemed by the Parties hereto as a binding Monthly Purchase Order (“MPO”) which shall then serve as the minimum purchase quantity for that given month. Supplier shall notify Purchaser if it believes reasonably anticipates it cannot produce enough Organic RiSolubles® for purchase quantities represented in the Rolling Forecast. Purchaser may, following establishment of a binding MPO, request to edit the MPO by increasing the amount of Organic RiSolubles® to be purchased, which Supplier shall use its commercially reasonable best efforts to supply. Supplier agrees to assist Purchaser in development of a planning and forecasting process. At the request of Purchaser, Supplier agrees to provide Purchaser and/or Purchaser’s agent(s), with rolling six (6) month production capability forecasts on a monthly basis.
OTHER OBLIGATIONS OF THE PURCHASER. Promptly after Closing Date and in any event within thirty business days as from the Closing Date, the Purchaser shall rename the companies within the NFT Group, and it shall rename the Oil Tankers and the LNG Vessels as soon as practical and in any event no later than the next dry dock, in order to discontinue using the names “Xxxxxxxxx Xxxxxx”, “X. Xxxxxx” or “Xxxxxx”. Xx. Xxxxxxxxx Xxxxxx may request from the Purchaser copies of the relevant documentation supporting such renaming, which copies shall not be unreasonably withheld by the Purchaser.
OTHER OBLIGATIONS OF THE PURCHASER. 11.1 Pursuant to the provisions of Section 101 of the Business Corporations’ Act, the PURCHASER binds itself not to transfer, encumber or otherwise impose a lien on the Class “A” Shares or the Class “B” Shares of the PURCHASER as long as the PURCHASER does not pay the purchase price or for a term of ten (10) years as from the execution hereof. This limitation shall become ineffective once the PURCHASER has paid the full purchase price.
