Additional Rights and Obligations of the Parties Sample Clauses
The "Additional Rights and Obligations of the Parties" clause defines supplementary duties and entitlements that each party must observe beyond those already outlined in the main agreement. This clause may specify extra responsibilities such as providing certain information, maintaining confidentiality, or adhering to specific standards of conduct, and can also grant further rights like access to facilities or data. Its core function is to ensure that all relevant expectations and privileges are clearly articulated, thereby reducing ambiguity and helping to prevent disputes over unaddressed issues.
Additional Rights and Obligations of the Parties. (a) During the Term, Aequitas shall maintain in its employ, or otherwise have available to it, personnel in its judgment sufficient in number and adequate in ability to perform all services that Aequitas is required to perform under this Agreement.
(b) The Company shall at all times cooperate with Aequitas and keep Aequitas fully informed with regard to the business and significant activities of the Company and its subsidiaries.
(c) Aequitas shall diligently and faithfully perform its obligations under this Agreement, but Aequitas shall not be responsible for any loss incurred by the Company or any of its subsidiaries as a result of any advice or recommendations of Aequitas.
Additional Rights and Obligations of the Parties. (i) Business Development VDI shall use commercially reasonable efforts to provide business development assistance to AMCI including identification of potential customer contacts and other business support efforts mutually agreed upon by the Parties from time to time.
Additional Rights and Obligations of the Parties. 29 ARTICLE 20 EXTENSION AGREEMENTS 30 ARTICLE 21 GENERAL 32 SCHEDULE A - DEFINITIONS 1 SCHEDULE B - AMENDMENT PROCESS 9 SCHEDULE C - ACHIEVABLE POTENTIAL STUDY 11 SCHEDULE D - COST EFFECTIVENESS FOR PURPOSES OF ARTICLE 5 13 SCHEDULE E - ADMINISTRATIVE REMEDIES 14 SCHEDULE F - PARTICIPANT AGREEMENT PROVISIONS 15 SCHEDULE G - EM&V REQUIREMENTS 17
Additional Rights and Obligations of the Parties. (a) The County’s sole obligation under this Agreement is to provide funding up to $50,000.00 for costs incurred for the Program. County shall not obligated to pay any amount of funds in excess of the $50,000.00 appropriated for the Program, whether from Mobility Bonds or any other sources of funding.
(b) County shall have the right to participate in all phases of the Program, at its sole discretion.
Additional Rights and Obligations of the Parties. ALLOCATIONS OF RIGHTS AND OBLIGATIONS OF THE PARTIES
Additional Rights and Obligations of the Parties. (a) During the Term, GLC shall maintain in its employ, or otherwise have available to it through affiliates or otherwise, personnel in its judgment sufficient in number and adequate in ability to perform all Advisory Services that GLC is required to perform under this Agreement.
(b) The Company shall at all times cooperate with GLC.
(c) GLC shall diligently and faithfully perform its obligations under this Agreement.
(d) The Company covenants and agrees that at all times during the Term Holdings shall have no operations and shall not engage in any business other than as a holding company owning 100% of WLRGR.
Additional Rights and Obligations of the Parties. This B▇▇▇ of Sale is made subject to and with the benefit of the respective provisions of the Technology License Agreement. The parties hereby agree and acknowledge that the execution and delivery of this B▇▇▇ of Sale shall not expand, impair, supersede, modify, limit, extend, diminish, amend or in any way affect any of the rights, obligations, agreements, covenants, representations, warranties or indemnities contained in the Technology License Agreement, which shall remain in full force and effect to the full extent provided therein. Other than as set forth under the Waiver agreed to herein, in the event of any conflict or inconsistency between the terms of the Technology License Agreement and the terms hereof, the terms of the Technology License Agreement shall govern.
Additional Rights and Obligations of the Parties. 1. The Parties understand that if the transaction contemplated hereby closes, Party B will be the beneficiary of any profit made by the Company from and after January 1, 2022, and likewise will bear the burden of any loss incurred by the Company incurred by the Company from and after January 1, 2022.
2. Prior to completion of the registration of industrial and commercial changes, Party B shall not conduct any activities in the name of the Company and shall not enter into any agreement on behalf of the Company.
3. From the date hereof until the closing, Party A shall cause the Company to operate in the ordinary course of business consistent with its businesses practices prior to the date hereof and shall use its best efforts to maintain the Company’s current business relationships, including those with its employees, suppliers, customers and others having relationships with the Company.
4. From the date hereof until the closing, Party A shall not cause the Company to shut down any of its business operations or sell a substantial portion of its assets other than sales of products in the ordinary course. Further, Party A shall cause the Company not to enter into any major agreement or agreement to sell assets outside the ordinary course of its business, enter into a long-term license agreement with respect to its technologies, borrow any substantial amount of money or g▇▇▇▇ ▇ ▇▇▇▇ on a substantial portion of its assets, or grant any raises or bonuses inconsistent with past practices without first advising party B of the same and giving due consideration to the comments of Party B with respect to such actions.
5. From the date hereof until the closing, Party A shall cause the Company to give Party B full access to all of the Company’s assets, facilities, personnel and books and records.
6. Prior to the second payment, Party A 2, C▇▇▇ ▇▇▇, shall enter into a consulting agreement with Party B where he shall agree to assist the Company for a period of five years in conducting its operations. In consideration of his services, the Company shall pay C▇▇▇ ▇▇▇ an annual fee of RMB 100,000 (one hundred thousand yuan) and Party B shall cause Aixin Life International Group to issue 500,000 options to C▇▇▇ ▇▇▇. The right to exercise the options shall vest at to 100,000 shares on June 1 of each year commencing June 1, 2023 and continuing through June 1, 2027. The options shall expire on May 31, 2030, and the options shall be exercisable at a price of $6.00 per share, subje...
Additional Rights and Obligations of the Parties. Seller and Buyer hereby agree and acknowledge that this Bill ▇▇ Sale is being entered into and delivered pursuant to and subject to the terms and conditions set forth in the Asset Purchase Agreement, that additional rights and obligations of the parties are expressly provided for therein, and that the execution and delivery of this Bill ▇▇ Sale shall not impair or diminish any of the rights or obligations of any of the parties to the Asset Purchase Agreement, as set forth therein.
Additional Rights and Obligations of the Parties. The Parties hereby agree and acknowledge that this Assignment is being entered into and delivered pursuant to and subject to the terms and conditions set forth in the Contribution Agreement, that additional rights and obligations of the Parties are expressly provided for therein, and that the execution and delivery of this Assignment shall not impair or diminish any of the rights or obligations of any of the parties to the Contribution Agreement, as set forth therein.