Transition Obligations definition

Transition Obligations means the obligation the Contractor is required to discharge during the Transition Period, as documented in clause 4.1.
Sample 1
Transition Obligations means the obligation of Paradigm and the Shareholders to pay for certain transition costs associated with integrating, assimilating and consolidating the assets purchased by the Buyer within its business operations as set forth in Section 8.01(c) of the Purchase Agreement.
Sample 1
Transition Obligations means, collectively, (i) the obligation of @pos to deliver the Deliverables, and (ii) the obligation of @pos to perform the training and software support services described in Section 4 of this Agreement.
Sample 1

Examples of Transition Obligations in a sentence

  • During the 2015 field season, two additional complete handstones and a large, nearly complete milling platform (reconstructed from five fragments) were recovered from Burgasny Enger.

  • The State may, in its absolute discretion, waive any of the Transition Obligations, or may defer the satisfaction of any Transition Obligation until after the Operations Commencement Date (and such waiver or deferral may be subject to conditions reasonably required by the State).

  • During the period from the Agreement Date through the Closing Date all revenues received on account of the Company or any of its Affiliates shall be promptly deposited into the existing bank accounts of the Company (or any new accounts established with the knowledge and consent of Parent) (the “Accounts”) and shall be used only to pay Transition Obligations.

  • The Transition Obligations actually paid by Parent will be recorded on a simple grid note, evidencing an unsecured obligation of the Company to Parent, attached as Exhibit N.

  • Parent may, but is not obligated to, deposit its own money into the Accounts or pay Transition Obligations directly.

  • Moreover, the Administrative Expense Motion does not seek approval of the entire contract with LUMA Energy; but only approval of an administrative expense priority claim for any accrued and unpaid Front-End Transition Obligations.

  • There were revisions to that original motion that were suggested and approved at the Board meeting; there is a copy of the motion that is being filed today available on the back table.

  • After the Performance Period Completion Date for a Restoration Project, continued maintenance of and corrective actions to that Restoration Project is the responsibility of the long-term steward, as set forth in Section VII.E (Restoration Project Long- Term Stewardship Transition Obligations) and the relevant provisions of the Habitat Development Plans.

  • The Long-Term Stewardship Transition Obligations include fully funding the long-term Stewardship Fund for each Restoration Project, putting in place the restrictive covenants and conservations easements for each Restoration Project Location, and completing a long-term stewardship plan for each Restoration Project.

  • Because this Court does not have subject matter jurisdiction to review the Oversight Board’s determination to certify the PREPA 2020 Fiscal Plan and PREPA 2020 Budget, as that discretion lies exclusively with the Oversight Board, UTIER’s and SREAEE’s challenge to the Front-End Transition Obligations already approved in connection with those certification determinations must fail.


More Definitions of Transition Obligations

Transition Obligations means (i) Employee uses reasonable efforts during the Transition Term to transition his duties to his successor, and (ii) during the Transition Term, Employee complies with the terms of Sections 1, 9, 10, 11, 13 and 16(e) hereof, unless compliance with any such provision is specifically waived by the Company.
Sample 1
Transition Obligations shall have the meaning set forth in Paragraph III below. * "Transition Period" means the Signing Date through December 31, 2000. * "Unit" means all DDD units reported by IMS.
Sample 1
Transition Obligations shall have the meaning set forth in Section 4.8 (a).
Sample 1
Transition Obligations shall have the meaning set forth in Paragraph III below.
Sample 1

Related to Transition Obligations

  • Indemnification Obligations means each of the Debtors’ indemnification obligations in place as of the Effective Date, whether in the bylaws, certificates of incorporation or formation, limited liability company agreements, other organizational or formation documents, board resolutions, management or indemnification agreements, or employment or other contracts, for their current and former directors, officers, managers, employees, attorneys, accountants, investment bankers, and other professionals and agents of the Debtors, as applicable.

  • Indemnification Obligation means any existing or future obligation of any Debtor to indemnify current and former directors, officers, members, managers, agents or employees of any of the Debtors who served in such capacity, with respect to or based upon such service or any act or omission taken or not taken in any of such capacities, or for or on behalf of any Debtor, whether pursuant to agreement, the Debtors’ respective memoranda, articles or certificates of incorporation or formation, corporate charters, bylaws, operating agreements, limited liability company agreements, or similar corporate or organizational documents or other applicable contract or law in effect as of the Effective Date, excluding any obligation to indemnify any of the foregoing parties with respect to any act or omission for or on behalf of the Debtors arising out of any act or omission determined by a Final Order to constitute actual fraud, willful misconduct, or gross negligence.

  • Indemnity Obligations means all obligations of the Company to Indemnitee under this Agreement, including the Company’s obligations to provide indemnification to Indemnitee and advance Expenses to Indemnitee under this Agreement.

  • Retained Obligations shall have the meaning set forth in Section 2.6.

  • Payment Obligations means any and all obligations of the Authority to pay or reimburse the Bank contained in or evidenced by any Authority Document, including, without limitation, obligations to reimburse the Bank for all Drawings under the Letter of Credit, all obligations to repay the Bank for any Unreimbursed Amount and any Bank Loan, including all interest accrued thereon, all amounts owing under the Bank Note, the fees relating to the Letter of Credit and all other obligations of the Authority to the Bank arising under, or in relation to, or evidenced by, this GR Reimbursement Agreement or the Bank Note.

  • Safety Obligations means all applicable obligations concerning health and safety (including any duty of care arising at common law, and any obligation arising under statute, statutory instrument or mandatory code of practice) in Great Britain;

  • Interest Rate Protection Obligations means the obligations of any Person pursuant to any Interest Rate Protection Agreements.

  • Bank Products Obligations of any Person means the obligations of such Person pursuant to any Bank Products Agreement.

  • Conversion Obligation shall have the meaning specified in Section 14.01(a).

  • MREL Eligible Liabilities means “eligible liabilities” (or any equivalent or successor term) which are available to meet any MREL Requirement (however called or defined by then Applicable MREL Regulations) of the Issuer under Applicable MREL Regulations;

  • Privacy Obligations means (a) applicable privacy, information security and data protection Laws, (b) applicable self-regulatory standards and (c) published policies or notices of the Company and the Company Subsidiaries, in each case, to the extent related to privacy, information security, data protection or the Processing of Personal Information.

  • Obligation Category means Payment, Borrowed Money, Bond, Loan, or Bond or Loan, only one of which shall be specified in the Standard, and:

  • zero-coupon obligation means a debt security that does not expressly provide for the accrual of interest, and includes the former component parts of a debt security that did expressly provide for the accrual of interest if that component part does not itself expressly provide for the accrual of interest.

  • Compliance Obligations means obligations of the AMC to comply with: (a) laws or international guidance and internal policies or procedures, (b) any demand or request from authorities or reporting, disclosure or other obligations under laws, and (c) laws requiring us to verify the identity of our customers.

  • Obligations means any principal, interest, penalties, fees, indemnifications, reimbursements, damages and other liabilities payable under the documentation governing any Indebtedness.

  • Indemnity, Subrogation and Contribution Agreement means the Indemnity, Subrogation and Contribution Agreement among Xxxxx 0, the Borrower, the Subsidiary Loan Parties and the Collateral Agent, substantially in the form of Exhibit C-3.

  • Continuing Obligations means obligations or responsibilities that are reasonably expected to or actually continue or arise after Operations on a particular area of the Properties have ceased or are suspended, such as future monitoring, stabilization, or Environmental Compliance.

  • Program Obligations means (1) all applicable statutes and any regulations issued by the Secretary pursuant thereto that apply to the Project, including all amendments to such statutes and regulations, as they become effective, except that changes subject to notice and comment rulemaking shall become effective only upon completion of the rulemaking process, and (2) all current requirements in HUD handbooks and guides, notices, and mortgagee letters that apply to the Project, and all future updates, changes and amendments thereto, as they become effective, except that changes subject to notice and comment rulemaking shall become effective only upon completion of the rulemaking process, and provided that such future updates, changes and amendments shall be applicable to the Project only to the extent that they interpret, clarify and implement terms in this Agreement rather than add or delete provisions from such document. Handbooks, guides, notices, and mortgagee letters are available on HUD's official website: (xxxx://xxx.xxx.xxx/offices/adm/hudclips/index.cfm or a successor location to that site)).

  • Maximum Liability has the meaning assigned to such term in Section 10.10.

  • Escrow Obligations means (a) Government Obligations, (b) certificates of deposit issued by a bank or trust company which are (1) fully insured by the Federal Deposit Insurance Corporation or similar corporation chartered by the United States or (2) secured by a pledge of any Government Obligations having an aggregate market value, exclusive of accrued interest, equal at least to the principal amount of the certificates so secured, which security is held in a custody account by a custodian satisfactory to the Registrar or the Registrar, as the case may be, or (c)(1) evidences of a direct ownership in future interest or principal on Government Obligations, which Government Obligations are held in a custody account by a custodian satisfactory to the Registrar pursuant to the terms of a custody agreement in form and substance acceptable to the Registrar and (2) obligations issued by any state of the United States or any political subdivision, public instrumentality or public authority of any state, which obligations are fully secured by and payable solely from Government Obligations, which Government Obligations are held pursuant to an agreement in form and substance acceptable to the Registrar and, in any such case, maturing as to principal and interest in such amounts and at such times as will insure the availability of sufficient money to make the payment secured thereby.

  • U.S. Obligations means securities evidencing an obligation to timely pay principal and/or interest in a full and timely manner that are (i) direct obligations of the United States of America for the payment of which its full faith and credit is pledged, and (ii) not subject to prepayment, call or early redemption.

  • Refunded Obligations means, collectively, the Refunded Notes, if any, and the Refunded Bonds, if any, refunded by each Series.

  • Eligible Liabilities and “Special Deposits” have the meanings given to them from time to time under or pursuant to the Bank of England Act 1998 or (as may be appropriate) by the Bank of England;

  • Excluded Obligations has the meaning set forth in Section 2.5.

  • Product Liabilities means any Liability arising out of, relating to or resulting from actual or alleged harm, injury, damage or death to persons in connection with the use of any product (including in any clinical trial or study);

  • Assumed Obligations has the meaning specified in Section 2.2.