Continuing Nature of Obligations Sample Clauses

The Continuing Nature of Obligations clause establishes that certain duties or responsibilities outlined in an agreement remain in effect even after the contract has ended or been terminated. For example, obligations such as confidentiality, indemnification, or non-compete requirements may continue to bind the parties beyond the contract’s expiration. This clause ensures that essential protections or commitments survive the end of the contractual relationship, thereby safeguarding the interests of the parties and addressing issues that could arise after the main agreement concludes.
Continuing Nature of Obligations. This Agreement shall remain in full force and effect until the Borrower has no actual or contingent obligations owing to the Lenders in relation to the Project or, if earlier, the date on which all of the obligations of the Contractor under the Relevant Documents have been discharged in full.
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Continuing Nature of Obligations. Any Obligation hereunder or under any other Loan Document: (a) shall not be determined or affected, or Lender’s rights under this Agreement or any other Loan Document prejudiced by, the termination, compromise, reduction, extinguishment or disallowance of any of the Obligations by operation of law or otherwise, including without limitation, the bankruptcy, insolvency, winding-up, liquidation or dissolution of a Borrower or any change in the name, business, powers, capital structure, constitution, objects, organization, directors or management of a Borrower, with respect to transactions occurring either before or after such change; and (b) shall, without limiting any restriction on any : (i) bind the Person or Persons for the time being and from time to time carrying on the business now carried on by the Obligor, notwithstanding any reorganization of the such Obligor or the amalgamation of such Obligor with one or more other corporations; (ii) extend to the liabilities of the Person or Persons for the time being and from time to time carrying on the business now carried on by Borrowers notwithstanding any reorganization or merger of a Borrower or the amalgamation of a Borrower with one or more other corporations and all of such liabilities shall be included in the Obligations; and (iii) be unaffected by the manner in which the Lender may now or subsequently deal with the Borrowers or any other Obligor or any security (or any collateral subject to the security) or guarantee in respect of the Obligations.
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Continuing Nature of Obligations. The burdens of the wind easement access easement and all other leasehold rights granted to Basin Electric in this Agreement will run with the Leased Premises and will be a charge and burden thereon and will be binding upon and against Landowner and its successors, assigns, permittees, licensees, Basin Electric’s employees, and agents. This Agreement and all rights hereunder will inure to the benefit of Basin Electric and its successors, assigns, permittees, and licensees.
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Continuing Nature of Obligations. The obligations under this Paragraph 23 shall survive the expiration of termination of this Agreement, and shall be binding upon each of the Party's, their employees, administrators, legal representatives, and assigns.
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Continuing Nature of Obligations. (a) The solar easement and related rights granted by Lessor in this Lease to Lessee are an easement in gross, representing interests personal to and for the benefit of ▇▇▇▇▇▇, its successors and assigns, as owner of the rights created by the easement. The easement and other rights granted by Lessor in this Lease are independent of any lands or estates or interest in lands, there is no other real property benefiting from the solar easement and related rights granted in this Lease and, as between the Premises and other tracts of property, no tract is considered dominant or servient as to the other. (b) The burdens of the solar easement and all other rights granted to Lessee in this Lease shall run with and against the Premises and the Easement Premises and shall be a charge and burden on the Premises and the Easement Premises and shall be binding upon and against Lessor and its successors, assigns, permittees, licensees, lessees, employees and agents. The Lease, including the solar easement, shall inure to the benefit of Lessee and its permitted successors, assigns, permittees, licensees and lessees. Lessor acknowledges that any sale or conveyance of the Lessor Property or PW Building shall be subject to the leasehold and easement interests of Lessee in this Lease.
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Continuing Nature of Obligations. The expiry or termination of this Agreement shall not relieve any Party of any liabilities or obligations that by their nature survive expiry or termination including, without limitation, warranties, remedies and obligations of confidentiality, or that arose prior to the expiry or termination of this Agreement.
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Continuing Nature of Obligations. (a) Benefits are “In Gross”. The Solar Easement and all other easements and related rights granted by Owner in this Lease to Project Company are easements “in gross”, which means, among other things, that they are interests personal to and for the benefit of Project Company, and its successors and assigns, as owner of the rights created by the Solar Easement and such other easements. The Access Easement, the Solar Easement and other rights granted Project Company by Owner in this Lease are independent of any lands or estates or interest in lands, there is no other real property benefiting from the Solar Easement and, as between the Premises and other tracts of property on which Project Company may locate Solar Facilities, no tract is considered dominant or servient as to the other. (b) Burdens Run With and Against the Land. The burdens of the Solar Easement, the Access Easement and all other rights granted to Project Company in this Lease will run with and against the Premises and will be a charge and burden on the Premises and will be binding upon and against Owner and its successors, assigns, permittees, licensees, lessees, employees and agents. The Lease, the Access Easement and the Solar Easement will inure to the benefit of Project Company and its successors, assigns, permittees, licensees and Project lessees.
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Continuing Nature of Obligations 
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Related to Continuing Nature of Obligations

  • Nature of Obligations Nothing contained herein shall create or require the Bank to create a trust of any kind to fund any benefits which may be payable hereunder, and to the extent that the Executive acquires a right to receive benefits from the Bank hereunder, such right shall be no greater than the right of any unsecured general creditor of the Bank.

  • Nature of Obligation For all purposes, including but limited to Federal and State tax purposes, this Note shall be treated as a debt and not as an equity interest.

  • Scope of Obligations 3.11.1 Notwithstanding anything to the contrary contained herein, AT&T-21STATE’s obligations under this Agreement shall apply only to: 3.11.1.1 the specific operating area(s) or portion thereof in which AT&T-21STATE is then deemed to be the ILEC under the Act (the “ILEC Territory”), and only to the extent that CLEC is operating and offering service to End Users identified to be residing in such ILEC Territory; and 3.11.1.2 assets that AT&T-21STATE owns or leases and which are used in connection with AT&T- 21STATE’s provision to CLEC of any Interconnection Services provided or contemplated under this Agreement, the Act or any tariff or ancillary agreement referenced herein (individually and collectively, the “ILEC Assets”). 3.11.2 This Agreement sets forth the terms and conditions pursuant to which AT&T-21STATE agrees to provide CLEC with access to 251(c)(3) UNEs, Collocation under Section 251(c)(6), Interconnection under Section 251(c)(2) and/or Resale under Section 251(c)(4) in AT&T-21STATE’s incumbent local Exchange Areas for the provision of CLEC’s Telecommunications Services. The Parties acknowledge and agree that AT&T- 21STATE is only obligated to make available 251(c)(3) UNEs, Collocation under Section 251(c)(6), Interconnection under Section 251(c)(2) and/or Resale under Section 251(c)(4) to CLEC in AT&T-21STATE’s incumbent local Exchange Areas. AT&T-21STATE has no obligation to provide such 251(c)(3) UNEs, Collocation, Interconnection and/or Resale, to CLEC for the purposes of CLEC providing and/or extending service outside of AT&T-21STATE’s incumbent local Exchange Areas. In addition, AT&T-21STATE is not obligated to provision 251(c)(3) UNEs or to provide access to (251(c)(3) UNEs, Collocation under Section 251(c)(6), Interconnection under Section 251(c)(2) and/or Resale under Section 251(c)(4) and is not otherwise bound by any 251(c) obligations in geographic areas other than AT&T-21STATE’s incumbent local Exchange Areas. Therefore, the Parties understand and agree that the rates, terms and conditions set forth in this Agreement shall only apply to the Parties and be available to CLEC for provisioning Telecommunication Services within an AT&T-21STATE incumbent local Exchange Area(s) in the State in which this Agreement has been approved by the relevant state Commission and is in effect. 3.11.3 Throughout this Agreement, wherever there are references to Unbundled Network Elements that are to be provided by AT&T-21STATE under this Agreement, the Parties agree and acknowledge that their intent is for the Agreement to comply with Section 3.11.2 above, and require only the provision of Section 251(c)(3) UNEs.

  • Survival of Obligations Without prejudice to Sections 2(a)(iii) and 6(c)(ii), the obligations of the parties under this Agreement will survive the termination of any Transaction.