Compliance and Performance Clause Samples
The Compliance and Performance clause requires parties to adhere to all applicable laws, regulations, and contractual obligations while fulfilling their duties under the agreement. In practice, this means each party must ensure their actions and deliverables meet specified standards and legal requirements, such as obtaining necessary permits or maintaining quality benchmarks. This clause serves to protect both parties by setting clear expectations for lawful and satisfactory performance, thereby reducing the risk of legal disputes or substandard work.
Compliance and Performance. The Seller shall have complied with and performed in all material respects all of the terms, covenants, agreements and conditions contained in this Agreement which are required to be complied with and performed on or prior to Closing.
Compliance and Performance. The Buyer and Designated Subsidiary shall have complied with and performed in all material respects all of the terms, covenants, agreements and conditions contained in this Agreement which are required to be complied with and performed on or prior to Closing.
Compliance and Performance o Ensure all activities comply with the agreement's terms, federal funding requirements, and tribal policies. o Respond promptly to any feedback or requests for clarification from the ARPA Office. • Resource Management: o Manage resources, personnel, and materials effectively to achieve project objectives. o Request additional resources or support from the ARPA Office if necessary to address unforeseen challenges. Both Tribal government units agree to cooperate and perform their respective tasks to achieve the objectives outlined in this Agreement.
Compliance and Performance. The Assigner shall have complied with and performed in all material respects all of the terms, covenants, agreements and conditions contained in this Agreement which are required to be complied with and performed on or prior to Closing.
Compliance and Performance. The Assignee and Designated Subsidiary shall have complied with and performed in all material respects all of the terms, covenants, agreements and conditions contained in this Agreement which are required to be complied with and performed on or prior to Closing.
Compliance and Performance. SUPERVISOR (CPS)
1. A CCM with at least two (2) years seniority can apply for the CPS qualification, unless the regulations or the Company requires a stricter requirement.
2. CPS shall be paid CPS pay whenever performing CPS related duties on board the aircraft from block off to block on for the same operating flight duty sector.
3. If a CPS is not assigned to CPS duties on an aircraft, they shall not perform or be required to perform CPS duties. A CPS will only be required to wear their CPS insignia while performing assigned CPS duties.
4. CPS assignments shall be equally distributed amongst all qualified US based CPS per base.
Compliance and Performance. 10 (b) REIMBURSEMENT: INDEMNITY............................................. 10 (c) CURRENT COMMITTED AMOUNT............................................. 11 (d) BORROWING BASE....................................................... 11 (e) ELIGIBLE LOANS AND ELIGIBLE COLLATERAL ACCOUNTS...................... 12 (f) SECURITY............................................................. 13 (g) GUARANTY............................................................. 14
Compliance and Performance. Borrower will comply with all statutes and governmental regulations and will pay all taxes, assessments, governmental charges, claims for labor and the like. Borrower will maintain its corporate existence and will remain in good standing in all jurisdictions in which it is required to be qualified and will maintain its properties in good and workable condition at all times. Borrower will perform all obligations under this Agreement, and under all indentures, agreements, and contracts by which Borrower is bound. Borrower will maintain with financially sound and reputable insurers acceptable to Agent, insurance with respect to its properties and business against such liabilities, casualties, risks and contingencies as is customary for its business naming Agent as loss payee with respect to any insurance covering collateral securing the loans hereunder, and will, upon Agent's request, provide satisfactory evidence of such insurance. Upon Agent's request, Borrower will provide Agent and/or Agent's representatives access to Borrower's books, records and properties at such times during ordinary business hours as Agent may request.
Compliance and Performance. Borrower will comply with all statutes and governmental regulations and will pay all taxes, assessments, governmental charges, claims for labor and the like. Borrower will maintain its corporate existence and will remain in good standing in all jurisdictions in which it is required to be qualified and will maintain its properties in good and workable condition at all times. Borrower will perform all obligations under this Agreement, and under all indentures, agreements, and contracts by which Borrower is bound. Borrower will maintain with financially sound and reputable insurers acceptable to Agent, insurance with respect to its properties and business against such liabilities, casualties, risks and contingencies as is customary for its business naming Agent as loss payee with respect to any insurance covering collateral securing the loans hereunder, and will, upon Agent's request, provide satisfactory evidence of such insurance.
Compliance and Performance. Borrower will comply with all statutes and governmental regulations and will pay all taxes, assessments, governmental charges, claims for labor and the like. Borrower will maintain its existence as a Texas corporation and will remain qualified to do business in the State of Louisiana and Mississippi, and in all other jurisdictions in which it is required to be qualified and will maintain its properties in good and workable condition at all times. Borrower will perform all obligations under this Agreement, and under all indentures, agreements, and contracts by which Borrower is bound. Borrower will maintain with financially sound and reputable insurers acceptable to Lender, insurance with respect to its properties and business against such liabilities, casualties, risks and contingencies as is customary for its business naming Lender as loss payee with respect to any insurance covering collateral securing the loans hereunder, and will, upon ▇▇▇▇▇▇'s request, provide satisfactory evidence of such insurance. Upon ▇▇▇▇▇▇'s request, Borrower will provide Lender and/or ▇▇▇▇▇▇'s representatives access to Borrower's books, records and properties at such times during ordinary business hours as Lender may request.