Documents and Obligations Clause Samples

The "Documents and Obligations" clause defines the specific documents and responsibilities that each party must provide or fulfill under the agreement. Typically, this clause outlines which documents are required (such as certificates, reports, or approvals) and sets deadlines or conditions for their delivery. It also clarifies the ongoing duties of each party, such as maintaining records or performing certain actions. By clearly specifying these requirements, the clause ensures that all parties understand their obligations, reducing the risk of misunderstandings or disputes regarding what must be delivered or performed during the contract term.
Documents and Obligations. You have reviewed this Agreement, the Note and the other Loan Documents with an attorney or other advisor and you have had the opportunity to discuss them with your counsel prior to signing them. You understand that this Agreement, the Note and the other Loan Documents you are signing are valid and binding obligations that are enforceable in accordance with their terms (except that enforcement may be subject to other laws pertaining to such things as bankruptcy, insolvency or similar laws that could affect creditors' rights).
Documents and Obligations. You have reviewed this Agreement, the Note and the other Loan Documents with an attorney or other advisor and you have had the opportunity to discuss them with your counsel prior to signing them. You understand that this Agreement, the Note and the other Loan Documents you are signing are valid and binding obligations that are enforceable in accordance with their terms (except that enforcement may be subject to other laws pertaining to such things as bankruptcy, insolvency or similar laws that could affect creditors' rights). � No Legal Bar to the Loan Documents or Resultant Lien. This Agreement, the Note and the other Loan Documents do not and will not violate any provisions of your formation or governing documents and do not and will not violate any contract, agreement, law, regulation, order, injunction, judgment, decree or writ to which you are subject, and will not result in the creation of any lien upon any of your property.
Documents and Obligations. The term "Loan Documents" used in this Note and other Loan Documents refers to all documents executed in connection with the loan(s) evidenced by this Note and any prior notes which evidence all or any portion of the loan(s) evidenced by this Note, and may include, without limitation, a commitment letter that survives closing, a loan agreement, this Note, guaranty agreements, security agreements, security instruments, financing statements, mortgage instruments, letters of credit and any renewals or modifications, whenever any of the foregoing are executed, but does not include swap agreements (as defined in 11 U.S.C. Section 101).
Documents and Obligations. The term "Loan Documents" used in this Note and other Loan Documents refers to all documents executed in connection with the loan evidenced by this Note and any prior notes which evidence all or any portion of the loan evidenced by this Note, and any letters of credit issue pursuant to any loan agreement executed in connection with this Note, any applications for such letter of credit and any other documents executed in connection therewith, and may include, without limitation, a commitment letter that survives dosing, a loan agreement, this Note, guarantee agreements, security agreements, security instruments, financing statements, mortgage instruments, letters of credit and any renewals or modifications, whenever any of the foregoing are exercised, but does not include swap agreements (as defined in 11 U.S.C. - 101).

Related to Documents and Obligations

  • Parties' Rights and Obligations If during the Term there is any Condemnation of all or any part of the Leased Property or any interest in this Lease, the rights and obligations of Lessor and Lessee shall be determined by this Article 15.

  • Finance Parties’ rights and obligations (a) The obligations of each Finance Party under the Finance Documents are several. Failure by a Finance Party to perform its obligations under the Finance Documents does not affect the obligations of any other Party under the Finance Documents. No Finance Party is responsible for the obligations of any other Finance Party under the Finance Documents. (b) The rights of each Finance Party under or in connection with the Finance Documents are separate and independent rights and any debt arising under the Finance Documents to a Finance Party from an Obligor shall be a separate and independent debt. (c) A Finance Party may, except as otherwise stated in the Finance Documents, separately enforce its rights under the Finance Documents.

  • Liabilities and Obligations 33 6.8 Conformity with Law; Litigation.................................33 6.9 No Violations...................................................33 6.10

  • Continuing Rights and Obligations After the satisfaction and discharge of this Indenture, this Indenture will continue for (i) rights of registration of transfer and exchange, (ii) replacement of mutilated, destroyed, lost or stolen Notes, (iii) the rights of the Noteholders to receive payments of principal of and interest on the Notes, (iv) the obligations of the Indenture Trustee and any Note Paying Agent under Section 3.3, (v) the rights, obligations and immunities of the Indenture Trustee under this Indenture and (vi) the rights of the Secured Parties as beneficiaries of this Indenture in the property deposited with the Indenture Trustee payable to them for a period of two years after the satisfaction and discharge.

  • Rights and Obligations Except as expressly set forth in this Agreement, no Member, in its capacity as a Member, will have any right, power or authority to transact any business in the name of the Series, participate in the management of the Series or to act for or on behalf of or to bind the Series. A Member will have no rights other than those specifically provided herein or granted by law. Except as required by the Act, no Member, solely by reason of being a member, shall be liable for the debts, liabilities, obligations or expenses of the Series.