Agent’s Obligations Sample Clauses
The 'Agent’s Obligations' clause defines the specific duties and responsibilities that the agent must fulfill under the agreement. Typically, this includes requirements such as acting in the best interests of the principal, providing regular updates, maintaining confidentiality, and complying with relevant laws or instructions. By clearly outlining what is expected of the agent, this clause ensures accountability and helps prevent misunderstandings or disputes regarding the agent’s role and performance.
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Agent’s Obligations. With regard to its use and/or disclosure of PHI, as of the respective Compliance Date of each referenced obligation, Agent agrees to: (a) comply with the HIPAA Security Rule requirements in accordance with 42 U.S.C. § 17931; (b)without unreasonable delay, and in any event on or before 48 hours after its Discovery by Agent, notify UnitedHealthcare of any incident that involves an unauthorized acquisition, access, use, or disclosure of PHI, even if Agent believes the incident will not rise to the level of a Breach, including in the notification, to the extent possible, and supplement the notification on an ongoing basis with: (i) the identification of all individuals whose Unsecured PHI was or is believed to have been involved, (ii) all other information reasonably requested by UnitedHealthcare to enable UnitedHealthcare to perform and document a risk assessment in accordance with 45 C.F.R. Part 164 subpart D with respect to the incident to determine whether a Breach of Unsecured PHI occurred, and (iii) all other information reasonably necessary to provide notice to individuals, HHS and/or the media, all in accordance with the data breach notification requirements set forth in 42 U.S.C. § 17932 and 45 C.F.R. Parts 160 & 164 subparts A, D, & E as of their respective Compliance Dates. Notwithstanding the foregoing, in UnitedHealthcare’s sole discretion and in accordance with its directions, Agent shall conduct, or pay the costs of conducting, an investigation of any incident required to be reported under this Section 2(b) and shall provide and/or pay the costs of providing, the required notices as set forth in this Section 2(b); (c) request, use and/or disclose only the minimum amount of PHI necessary to accomplish the permitted
Agent’s Obligations. Each Loan Party Obligor agrees that Agent shall not have any obligation to preserve rights to any Collateral against prior parties or to marshal any Collateral of any kind for the benefit of any other creditor of any Loan Party Obligor or any other Person. Agent shall not be responsible to any Loan Party Obligor or any other Person for loss or damage resulting from Agent’s failure to enforce its Liens or collect any Collateral or Proceeds or any monies due or to become due under the Obligations or any other liability or obligation of any Loan Party Obligor to Agent.
Agent’s Obligations. Upon receipt of a Notice of Drawdown, Notice of Rollover or Notice of Conversion with respect to a proposed Advance (other than by way of Bankers' Acceptances), the Agent will forthwith notify the Lenders of the proposed date on which such Advance is to take place, of each such Lender's Rateable Portion of such Advance and if applicable, of the account of the Agent to which each such Lender's Rateable Portion thereof is to be credited.
Agent’s Obligations. 3.1 During the Term or any automatic renewal thereof, the Agent shall provide the following property management services to the Owner:
(i) Renting the Premises; (ii) Leasing the Premises; (iii) Renewing rental or Lease agreements;
Agent’s Obligations. The Agent shall:
(i) promptly inform each Bank of the contents of any notice or document received by it from the Borrower under this Agreement and the other Facility Documents;
(ii) promptly notify each Bank of the occurrence of any Event of Default or any default by the Borrower in the due performance of or compliance with its obligations under this Agreement and the other Facility Documents of which the Agent has actual knowledge or actual notice;
(iii) save as otherwise provided herein, act as agent hereunder in accordance with any instructions given to it by an Instructing Group, which instructions shall be binding on all the Banks; and
(iv) if so instructed by an Instructing Group, refrain from exercising any right, power or discretion vested in it as agent hereunder.
Agent’s Obligations. With regard to its use and/or disclosure of PHI, as of the respective Compliance Date of each referenced obligation, Agent agrees to: (a) comply with the HIPAA Security Rule requirements in accordance with 42 U.S.C. § 17931; (b)without unreasonable delay, and in any event on or before 48 hours after its Discovery by Agent, notify UnitedHealthcare of any incident that involves an unauthorized acquisition, access, use, or disclosure of PHI, even if Agent believes the incident will not rise to the level of a Breach, including in the notification, to the extent possible, and supplement the notification on an ongoing basis with: (i) the identification of all individuals whose Unsecured PHI was or is believed to have been involved, (ii) all other information reasonably requested by UnitedHealthcare to enable UnitedHealthcare to perform and document a risk assessment in accordance with 45
Agent’s Obligations. In determining whether to pay under any Letter of Credit, the Agent shall have no obligation relative to the L/C Participants or the Borrower other than to confirm that any documents required to be delivered under such Letter of Credit have been delivered and that they appear to comply on their face with the requirements of such Letter of Credit. Any action taken or omitted to be taken by the Agent under or in connection with any Letter of Credit issued by it, if taken or omitted in the absence of gross negligence or willful misconduct, shall not create for the Agent any resulting liability.
Agent’s Obligations. The Agent agrees with Peak throughout the Term as follows:
Agent’s Obligations. The Agent shall:
22.3.1 promptly inform the Bank of the contents of any notice or document received by it in its capacity as Agent from the Borrower under the Loan Agreement;
22.3.2 promptly notify the Bank of the occurrence of any Event of Default or any default by the Borrower in the due performance of or compliance with its obligations under the Loan Agreement of which the Agent has notice from any other party hereto;
22.3.3 save as otherwise provided herein, act as agent hereunder in accordance with any instructions given to it by the Bank, which instructions shall be binding on the Arranger and the Bank;
22.3.4 if so instructed by the Bank, refrain from exercising any right, power or discretion vested in it as agent ▇▇▇▇▇▇▇▇▇; and
Agent’s Obligations. 23.7.1 Each Agent shall:
(a) promptly inform each Senior Secured Creditor (in the case of the Intercreditor Agent) or the Intercreditor Agent and the Lenders in its Lending Group (in the case of each Facility Agent) of the contents of any notice or document received by it pursuant to the terms of any Senior Finance Document in its capacity as Agent from the Security Agent or an Obligor under the Senior Finance Documents; and
(b) promptly notify each Senior Secured Creditor (in the case of the Intercreditor Agent) or the Intercreditor Agent and the Lenders in its Lending Group (in the case of each Facility Agent) of the occurrence of any Event of Default or any default by an Obligor in the due performance of or compliance with its obligations under the Senior Finance Documents of which such Agent has notice from any other party.
23.7.2 The Intercreditor Agent shall promptly inform the Security Agent of the occurrence of the Release Date.