Assignee’s Obligations Sample Clauses
The "Assignee’s Obligations" clause defines the specific duties and responsibilities that the assignee must fulfill after receiving rights or interests under an agreement. Typically, this clause outlines requirements such as compliance with the original contract terms, timely performance of assigned tasks, and adherence to any conditions set by the assignor or the agreement itself. By clearly stating what is expected of the assignee, this clause ensures that the transfer of rights does not disrupt the original contractual relationship and that all parties remain protected and informed about their ongoing obligations.
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Assignee’s Obligations. Assignee shall perform all of the obligations of the “Tenant” under the Lease from and after the Effective Date.
Assignee’s Obligations. As of the Effective Date, Assignee covenants and agrees to be named party to the Severance Agreement and to fully perform, discharge and observe all covenants, agreements, obligations and provisions to be performed, discharged or observed by the Corporation under the Severance Agreement, the whole to the same extent and effect as if the Assignee had been an original party to the Severance Agreement, in the place and stead of the Corporation.
Assignee’s Obligations. The Assignee hereby agrees that the Class B Ordinary Shares are subject to the restrictions and obligations set forth in the Subscription Agreement.
Assignee’s Obligations. 3.1 The Assignee shall cooperate fully with the Assignor in all proceedings related to the assignment of the Policy as may be reasonably required by the Assignor including, without limitation, attendances at the office of the insurance company and the execution of all relevant deeds, instruments and documents.
Assignee’s Obligations. Assignee will use best efforts to: (a) at its sole expense, work with the United States Patent & Trademark Office with respect to all matters relating to the Patents Assets including, without limitation, reissuance, office actions, applications, prosecution, and the like; and (b) conduct clinical trials of product, process, and services using the Patent Assets to develop products within the Field.
Assignee’s Obligations. 4.1 The Assignee must:
4.1.1 comply with all of the Tenant’s Obligations throughout the Liability Period; and
4.1.2 not occupy the Premises before the Assignment Date.
4.2 The Assignee must:
4.2.1 procure the registration of the assignment of the Reversionary Lease by HM Land Registry as soon as reasonably practicable after the Assignment Date; and
4.2.2 within one month of completion of the registration of the assignment of the Reversionary Lease, produce to the Landlord’s solicitors an official copy of the register of title showing the Assignee as the registered proprietor of the Reversionary Lease.
4.3 As a condition of the Landlord’s consent to the assignment of the Leases, the Assignee and the Landlord shall complete and enter into the Rent Deposit Deed on the Assignment Date and the Assignee shall pay to the Landlord the ‘Initial Sum’ (as defined within the Rent Deposit Deed) in cleared funds on or before the Assignment Date.
Assignee’s Obligations. The Assignee shall: Initials: __________ Initials: __________ Strictly Confidential Property of BioCrude Technologies, Inc.
i. American National Standards Institute (ANS)
ii. American Society of Testing and Materials (ASTM)
iii. American Society of Mechanical Engineers (ASME)
iv. American Petroleum Institute (API)
v. Standards of the Hydraulic Institute, USA
vi. International Organization for Standardization (ISO) vii. Japanese Industrial Standards (JIS)
viii. Tubular Exchanger Manufacturer's Association (TEMA)
ix. American Welding Society (AWS)
x. National Electrical Manufacturers Association (NEMA)
xi. National Fire Protection Association (NFPA) xii. International Electro-Technical Commission (IEC)
Assignee’s Obligations. Except as provided in Section 7.5.2, upon and after Closing, ASSIGNEE assumes full responsibility and liability for the following occurrences, events and activities on or related to the Property (the "Environmental Obligations"), regardless of whether arising from the ownership or operation of the Property before or after the Effective Date, and regardless of whether resulting from any acts or omissions of ASSIGNOR or the condition of the Property when acquired:
(i) Environmental pollution or contamination, including pollution or contamination of the soil, sea, groundwater or air by oil, gas, condensate, distillate, other hydrocarbons, brine, NORM or otherwise;
(ii) Underground injection activities and waste disposal onsite;
(iii) Clean-up responses, and the cost of remediation, control, assessment or compliance with respect to surface, sea floor, and subsurface pollution caused by spills, pits, ponds or lagoons;
(iv) Failure to comply with applicable land use, surface disturbance, licensing or notification requirements;
(v) Disposal on the Property of any hazardous substances, wastes, materials and products generated by or used in connection with the ownership or operation of the Property before or after the Effective Date; and
(vi) Non-compliance with environmental or land use rules, regulations, demands or orders of appropriate state or federal regulatory agencies.
Assignee’s Obligations. In consideration of the rights conveyed to Assignee hereunder, Assignee shall execute the Software License and Distribution Agreement, attached as Exhibit E dated October 31, 2001 and the Termination Agreement attached as Exhibit F dated October 31, 2001. The execution of these agreements is a condition precedent to the effectiveness of this Agreement and the rights conveyed herein.
Assignee’s Obligations. 6.2.1 Assignee shall obtain all required approvals, authorizations and permissions to sign this Agreement effectively.
6.2.2 After signing this Agreement, Assignee shall make payment for the Purchase Price in accordance with the schedule set forth in this Agreement.