Account Obligations Sample Clauses

The Account Obligations clause defines the responsibilities and duties that a party has regarding the management and use of an account, such as a financial or service account, under the agreement. Typically, this clause outlines requirements for maintaining accurate account information, timely payments, and compliance with any usage restrictions or reporting duties. For example, it may require the account holder to promptly notify the other party of any unauthorized activity or to ensure sufficient funds are available for transactions. The core function of this clause is to establish clear expectations for account management, thereby reducing the risk of disputes and ensuring smooth operation of the contractual relationship.
Account Obligations. The Debtor will duly perform or cause to be performed all obligations of Debtor with respect to the goods or services, the sale or lease or rendition of which gave rise or will give rise to each Account relating thereto.
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Account Obligations. 9 Section 4.13 Use of Inventory.........................10 Section 4.14 Collection and Enforcement of Accounts, General Intangibles and Related Rights.......................10 Section 4.15 Reports..................................11 Section 4.16 Proceeds.................................11 Section 4.17 Insurance................................11 Section 4.18 Expenses.................................12 Section 4.19
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Account Obligations. 2.5.8.1. Simultaneously with the Closing, the Seller shall, and shall cause its Affiliates to, cancel or otherwise eliminate all then outstanding obligations of the INTOOL Companies to either the Seller or any of its Affiliates, and the Seller shall, and shall cause its Affiliates to, cancel or otherwise eliminate all then outstanding obligations of the Seller or any of its Affiliates to the INTOOL Companies, and in all cases neither the Seller and any of its Affiliates nor the INTOOL Companies and any Affiliate of the Buyer that purchases the Transferred Assets shall have any further Liability with respect to any such obligation, except that nothing in this (S) 2.5.8.1 shall affect any and all of the covenants, agreements, obligations and other provisions contemplated under this Agreement or the Other Agreements applicable to the Seller, the Buyer or the INTOOL Companies, including pursuant to (S)7.8.1, (S)7.8.2 or (S)9.2.4.2. 2.5.8.2. After Closing, none of the Target, the INTOOL Subsidiary, or the Affiliates of the Buyer that purchases the Transferred Assets will reimburse or pay the Seller or any Affiliate of the Seller for any transaction between the Target, the INTOOL Subsidiary or any Affiliate of the Buyer that purchases any of the Transferred Assets, on the one side, and the Seller or one of its Affiliates on the other side, provided, however, that if, at the express written consent of the Buyer, the Seller or one of its Affiliates incurs a Liability after the Closing resulting in a cash expenditure after the Closing for the benefit of the Target, the INTOOL Subsidiary, or an Affiliate of the Buyer that purchases any of the Transferred Assets, the Buyer shall reimburse or pay to the Seller such cash expenditures, except that nothing in this (S)
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Account Obligations. To use the Services, you will need to open an Account or CERTIFY will need to open an Account on your behalf. You agree that you will maintain the security of your Account by protecting against unauthorized access to your login credentials and the information in your Account, and by not voluntarily allowing anyone else to use your credentials or the information in your ▇▇▇▇▇▇▇.▇▇▇ also agree to maintain the accuracy of your Account by updating any changes to the information in your Account as soon as ▇▇▇▇▇▇▇▇.▇▇▇ also agree that you will not knowingly provide CERTIFY with any false or misleading information in connection with your ▇▇▇▇▇▇▇.▇▇▇ also agree that you will only access the Services through your Account and not through anyone else’s ▇▇▇▇▇▇▇.▇▇▇ agree that you are responsible for maintaining the security of your Account information and for any and all activity that occurs under your Account. You agree to notify CERTIFY immediately of any unauthorized use of your Account or any other breach of the security of your Account information.
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Account Obligations. Debtors will duly perform or cause to be performed all material obligations of Debtors with respect to the goods or services, the sale or lease or rendition of which gave rise or will give rise to each Account relating thereto, except to the extent Debtors’ failure to so perform or to cause such performance could not reasonably be expected to result in a Material Adverse Effect.
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Related to Account Obligations

  • Client Obligations 3.1 The Client warrants and represents that: 3.1.1 it shall co-operate with Centaur as required for the proper performance of the Services; 3.1.2 it shall provide, for Centaur, its agents, subcontractors, consultants and employees, in a timely manner and at no charge, access to the Client's premises during normal office hours (being Monday – Friday 8am – 6pm), office accommodation, data and other facilities as is reasonably required by Centaur or any of them for the proper performance of the Services; 3.1.3 all information it has provided to Centaur in relation to the Services as at the date of the Order Form is accurate, complete and is not misleading and it shall provide, in a timely manner, such further information and Client Material as Centaur may require for the proper performance of the Services, and ensure that such information and Client Material is accurate, complete and not misleading; 3.1.4 it shall be responsible (at its own cost) for preparing and maintaining the relevant premises for the supply of the Services; 3.1.5 it shall inform Centaur of all health and safety rules and regulations and any other reasonable security requirements that apply at any of the Client's premises; 3.1.6 it shall only use the Services for internal business purposes and, without prejudice to the foregoing, shall not use the Services, the Deliverables or any Centaur Materials to develop a product or service that competes with any of the products or services provided by Centaur; 3.1.7 the Client Materials shall not infringe any third party rights, including any third party Intellectual Property Rights; and 3.1.8 it shall obtain and maintain all necessary licences and consents and comply with all relevant legislation in relation to the Services, before the date on which the Services are to start. 3.2 If Centaur's performance of its obligations under this Agreement is prevented or delayed by any act or omission of the Client, its agents, subcontractors, consultants or employees, Centaur shall not be liable for any costs, charges or losses sustained or incurred by the Client that arise directly or indirectly from such prevention or delay.

  • Joint Obligations A. The University and the student share the responsibility for ensuring the quality of life within the residence halls, their maintenance, furnishings and facilities, and for a physical environment secure from fire and other hazards. The University will work with students to promote effective security of persons and property in the residence halls.

  • ▇▇▇▇▇ OBLIGATIONS A ▇▇▇▇▇▇▇'s acceptance of funds directly under the Grant or indirectly through a subaward acts as acceptance of the authority of the State, under the direction of the legislative audit committee, to conduct an audit or investigation in connection with those funds. In accordance with the legislative audit committee, DFPS can request any documentation, at any time, to be sent to DFPS to a location DFPS chooses. Examples of documentation that DFPS may request include, but are not limited to: 1. Participant files in their entirety. This includes, but is not limited to: a. Progress notes. b. Action plans. c. Registration forms. d. Surveys. e. Sign-in sheets. f. Monthly tracking forms.

  • PROCUREMENT OBLIGATIONS Notwithstanding any other provisions of this Part B, where in this Part B the Customer accepts an obligation to procure that a Former Supplier does or does not do something, such obligation shall be limited so that it extends only to the extent that the Customer's contract with the Former Supplier contains a contractual right in that regard which the Customer may enforce, or otherwise so that it requires only that the Customer must use reasonable endeavours to procure that the Former Supplier does or does not act accordingly.

  • Repayment Obligation In the event that any State and/or federal funds are deferred and/or disallowed as a result of any audits or expended in violation of the laws applicable to the expenditure of such funds, the Contractor shall be liable to the Agency for the full amount of any claim disallowed and for all related penalties incurred. The requirements of this paragraph shall apply to the Contractor as well as any subcontractors.