Borrower’s Duties Sample Clauses

Borrower’s Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that Borrower shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and Lender shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall Lender be required or obligated in any manner to perform or fulfill any of the obligations of Borrower under or with respect to any Collateral.

Borrower’s Duties. Borrower shall at (i) its own expense diligently prosecute all applications for renewals of the Patents in the United States Patent and Trademark Office and shall pay all fees and disbursements in connection therewith; (ii) not abandon any of the Patents that are or shall be necessary or economically desirable in the operation of Borrower's business; and (iii) maintain in full force and effect the Patents and the Patent Licenses that are or shall be necessary or economically desirable in the operation of Borrower's business.

Borrower’s Duties. The Borrower has made application to MHFA for the purpose of administering a Workforce Housing Development Program Project in the manner described in the Borrower's Application (the “Project”) which is incorporated into this Deferred Loan Agreement by reference. The Borrower, who is not a state employee, is awarded funds to provide financial assistance to address the need for Workforce Housing. The Project includes: [INSERT BREIF DESCRIPTION OF PROJECT INLCUDING TYPE (NEW CONSTRUCTION/ADAPTIVE REUSE, ETC.), AND NUMBER OF UNITS]. The Borrower will comply with all requirements as further described in Exhibit A attached to this Deferred Loan Agreement and incorporated by reference. The Borrower will be in compliance with the Workforce Housing Development Program Guide, as amended (the “Program Guide”), which is incorporated into this Deferred Loan Agreement by reference.

Borrower’s Duties. The BORROWER will: a) provide all materials and labor necessary for the proper set-up and use of the PROPERTY at the location set forth herein. b) properly maintain the PROPERTY while it is in BORROWER’s control c) be responsible for all costs of handling, loading, disconnecting, and transportation of PROPERTY from and to the City of Alexandria Recycling Office (133 S. Quaker Lane). d) return the PROPERTY in the condition in which it was received by the BORROWER, normal wear and tear excepted, and free of contamination, on or before the date set forth in section 3.4, along with the number of bags used to collect recyclable materials. That return date may be extended upon the signed written agreement of the PARTIES. e) If the PROPERTY is lost or damaged, reimburse the City of Alexandria for repair costs or the current replacement value of the PROPERTY if repair is impractical. f) Use the PROPERTY only for the purposes specified in this agreement.

Borrower’s Duties. 4.3.1 Provide materials and labor for the installation of the PROPERTY at its location while in BORROWER’s custody and properly maintain the PROPERTY while it is BORROWER’s custody. Assume all costs of handling, loading, disconnecting, and transportation of PROPERTY from and to WSU 4.3.2 Return the PROPERTY in the condition in which it was received by BORROWER, normal wear and tear excepted, and free of contamination, on or before the date set forth in section 3.4. That return date may be extended upon the signed written agreement of the PARTIES. 4.3.3 If the property is lost or damaged, reimburse WSU for repair costs or the current replacement value of the PROPERTY if repair is impractical. 4.3.4 Use the PROPERTY only for the purposes specified in this agreement.

Borrower’s Duties. (3) Borrower may not use the Loan Item for purposes other than studies, research, and teaching. Any other use is not permitted. (4) Without prior written permission of Lender, Borrower is not entitled to lend the Loan Item to third parties. (5) Any damage or change to the Loan Item occurred during the Loan Period and/or any loss of the Loan Item must be communicated to Lender without delay. (6) Any necessary repairs will be made exclusively by Lender. (7) Any loss of value and repairs resulting from damage caused by Borrower will be charged to the deposit set out in § 5 and may exceed the deposit. (8) If the Loan Item is dirty when it is returned, the Lender retains 40€ of the deposit paid. (9) Borrower undertakes to protect the Loan Item from any confiscation, attachment, or interference by third parties and to inform Lender without delay if any measures to this effect are expected. If necessary, Borrower has to get back the Loan Item at his or her own cost.

Borrower’s Duties. BORROWER agrees to the following: 1. Present and future GCC shares held by a) BORROWER and b) ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ and affiliates controlled by him, will be turned over to LENDER to physically possess as collateral for outstanding debt owed to LENDER; LENDER is granted a security interest in these shares for debts owed to LENDER by BORROWER; and 2. BORROWER will use its best efforts to arrange sales of those shares in share amounts it deems appropriate. One half of the sale proceeds will be applied to the outstanding debt to LENDER; and 3. BORROWER will make a collateral assignment of its Anti-Dilution Agreement to LENDER, for each exercise opportunity, it will promptly notify SLMI of same and promptly exercise its rights to acquire more GCC shares thereunder -- unless LENDER consents in writing to decline a particular opportunity. GCC consents to this assignment.

Borrower’s Duties. Borrower will perform the following duties: 2.1 Deliver or cause to be delivered to Servicing Agent copies of the loan documents with respect to each Assigned Account now existing or hereafter arising. 2.2 Promptly identify for Servicing Agent all Assigned Accounts. 2.3 Verify the accuracy and completeness of the documentation on all Assigned Accounts and the files submitted to Servicing Agent, including authorizations for pre-authorized electronic debits. 2.4 Endorse and forward to Servicing Agent for subsequent delivery to the Lockbox Agent for deposit any and all Payments received directly from all Obligors to be processed through the Lockbox. 2.5 Promptly report to Lender and Servicing Agent the identity of those Assigned Accounts whose assignment and/or collateral status has changed. 2.6 Forward to Servicing Agent all address changes, billing inquiries, correspondence, and legal notices received concerning any Assigned Account. 2.7 Promptly notify Lender and Servicing Agent of any cancellation, assumption, quit claim, foreclosure, deed in lieu of foreclosure, or settlement with respect to any Assigned Account. 2.8 Submit to the Servicing Agent in a timely manner each of the Assigned Accounts, including supporting documentation, current balance, and date of next payment, in order to enable the Servicing Agent to arrange for the periodic billing of the Assigned Accounts.

Borrower’s Duties a) to submit to the Lender, for each loan instalment, the Financing Application, together with the appropriate reasoning of the amount due to be financed by the Lender; b) to make available to the Lender, at the latter's request, documents supporting all expenditure made in the activities for the financing of which the loan is granted; c) to apply the borrowed amount in accordance with the purpose referred in Article 3.1 and the legal provisions, for each type of expenditure; d) to sign and make available to the Lender all documents, and to take all actions, in compliance with all legal and statutory provisions in force, that would be requested by the Lender for the settlement of the loan, including in relation to conversion of the loan into EN registered shares and the formalities due to be carried out for such conversion to take effect; e) to inform the Borrower of the amount of interest capitalized for the previous month, before the 10th of each month.