Miscellaneous Obligations Sample Clauses
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Miscellaneous Obligations. (a) The Borrower instructs the Bank to collect, at his expense, all the payments due to the Bank from the Borrower pursuant to this Agreement, inter alia, and without derogating from the generality of the aforesaid - all the payments of principal and interest and all the Ancillary Payments as defined in sub-clause 2(i) above, directly from his account. For such purpose, the Borrower undertakes to sign any document required by the bank in order to allow the payments to be made as aforesaid. In addition, the Borrower undertakes to pay all the expenses and commission that the Bank demands of the Borrower in connection with collection as aforesaid. With respect to the authorization to debit the Borrower's account, the Borrower acknowledges and agrees that the interest that will be charged in the framework of the account might be higher than the Default Interest pursuant hereto. The Bank shall not be liable for any expenses and/or consequences in the event that in light of the state of the Borrower's account at the Bank, the Bank does not honor the authorization. Without derogating from the generality of the aforesaid, the Bank's failure to honor authorization as aforesaid or the honoring of the authorization by the Bank which results in the Borrower's account at the Bank having a debit balance that is outside the Borrower's approved credit facility at the Bank, in respect of any payment and/or part thereof, for any reason, shall be deemed non-payment of such amount by the Borrower and shall constitute a fundamental breach of this Agreement by the Borrower.
(b) The Bank shall not be obliged to send any notice to the Borrower in connection with the payment date of any payment owed by the Borrower or any notice in connection with his debt and/or the amount of this debt and the Borrower himself shall be liable for the full and punctual payment of every payment owed by him. In addition, the Borrower shall be under a duty to check at the Bank that the payments he is liable to make have actually been paid in full and on time. If the Borrower does not do so, and the Bank considers it appropriate to send the Borrower notice, the Borrower shall pay the Bank the notice Charges on the Bank's demand. The Bank may send notice to the Guarantor even if it has not sent notice to the Borrower.
(1) As collateral for the Loan's repayment in full and on time and as collateral for the repayment of the periodic payments, in accordance with the provisions of this Agreement, including...
Miscellaneous Obligations. 1. The Rider may not, for the duration of the present contract, ride for any other team or advertise for any other sponsors than those belonging to the UCI Team (name of team), save in such cases as are provided for in the regulations of the UCI and its affiliated federations.
2. The Team hereby undertakes to allow the Rider properly to perform his occupation by providing him with the necessary equipment and clothing and by permitting him to participate in a sufficient number of cycling events, either as a member of the team or individually.
3. The Rider may not compete in a race as an individual without the express consent of the Team. The Team shall be deemed to have given its consent if it has not replied within a period of ten days from the date of the request. In no case may the Rider take part in a road race as a member of a mixed team if (name of team) is already entered for that race.
4. The Parties undertake to respect the riders’ health protection programme of the UCI and/or the (name of NF). In the event of selection for a national team, the Team shall be required to permit the rider to participate in such races and preparatory programmes as may be determined by the national federation. The Team shall authorise the national federation to give the Rider any instructions it may deem necessary in connection with and for the duration of the selection provided that it does so solely in connection with sporting matters, in its own name and on its own behalf. In none of the aforementioned cases shall the present contract be suspended.
Miscellaneous Obligations. During the term of the LOAN, the following covenants shall apply: On behalf of “CEMEX”:
I. To provide monthly written notice, as to the progress of construction work, with detail of the work completed and paid for, including work performed pending payment, and work pending completion, in connection with the CONSTRUCTION CONTRACT.
II. To maintain an insurance policy covering the property comprising the COLLATERAL. Such insurance policy shall name “BANOBRAS” as the preferred beneficiary or, to the extent applicable, an endorsement naming “BANOBRAS” as the preferred beneficiary shall be obtained.
III. Provide its financial statements on a yearly basis, as audited by an independent auditor, within the first one hundred and eighty days as of the following fiscal year. Furthermore, it shall supply its records and/or internal financial statements whenever “BANOBRAS” should required the same in writing, no later than sixty days following the closing of the relevant fiscal year.
IV. It shall not engage in any indebtedness, including any obligations for borrowed money, bonds, loans, deferred payment obligations, services or property, financial leases and third party obligations where “CEMEX” should be a guarantor, or generally, enter into financial transactions which may deviate from its ordinary course of business and which may have the effect of defaulting on its payment obligations hereunder.
V. Advise “BANOBRAS” as to the existence of any suit or proceeding asserted against “CEMEX”, and of any situation which may compromise the execution of the CONSTRUCTION CONTRACT, which may have the ability of impairing its payment condition.
VI. Provide immediate written notice to “BANOBRAS” upon gaining knowledge of the occurrence or the existence of any situation which might lead to an event of default under the CONSTRUCTION CONTRACT. Any of the above referred covenants which fail to state a time period for performance, shall be notified or substantiated to “BANOBRAS” in writing, no later than fifteen business days after occurrence of the same. On behalf of the BORROWER:
I. It shall not engage in any indebtedness, including any obligations for borrowed money, bonds, loans, deferred payment obligations, services or property, financial leases and third party obligations where the Borrower should be a guarantor, or generally, enter into financial transactions which may deviate from its ordinary course of business and which may have the effect of defaulting on its payment obli...
Miscellaneous Obligations. The Lessee shall be obligated to: - Immediately inform the Lessor of any damage or deterioration happening in the locales, even when it is not the result of any apparent damage and under penalty of being personally held responsible to repay the amount spent due to said damage and to be responsible due to his failure to notify the Insurance Company in a timely fashion of the aforesaid damage. - Refrain from connecting gas or fuel oil equipment to pipelines that were not made for this use. - Check and pay for regular maintenance on all gas or electric appliances/equipment. - Refrain from placing any object or fixed or mobile window display outside the rented places. - Clean the chimney if it is used at least once a year. - Refrain from obstructing the common areas of the building. - Accept, at this moment, to allow visitation of the rented locales by any person holding an authorization from the owner or his agent, in the event that the LESSOR wishes to sell his building. - Refrain from placing anything on the floors weighing more than they were designed to support (load resistance), in accordance with current law in force, under penalty of making necessary repairs at the LESSEE'S expenses, and of being held responsible for damages and interests. In case of any doubt, make sure to ascertain the correct load limit by approaching the LESSOR or the LESSOR'S Architect, but in any event, all at the expense of the LESSEE. - Refrain from using loudspeakers or any other means of radio-diffusion likely to be heard emanating from the rented locales. Refrain likewise from using any electrical equipment or any other equipment disruptive to radio or television broadcasts, without having equipped the aforementioned equipment with provisions that allow the avoidance of all unsettling events in the vicinity. - Take all measures that are useful in preventing any nuisance, in particular those caused by excessive noises or unpleasant odors: Abstain from throwing away or allowing corrosive substances or anything that might clog pipes to be thrown in drains or ditches. - Hang, at the LESSEE'S expense, only plates or signs of which the placement, the font and the dimensions have been authorized to the satisfaction of the joint ownership. - Refrain from requiring any compensation, or reduction in rent from the LESSOR for any interruption in the services of the building and, in particular, if they exist, those of ventilation, central heating, telephone and telex or others, either fo...
Miscellaneous Obligations. The Landlord shall be responsible for all lawn mowing, snow plowing and ice removal and spring cleaning of the parking lot and lawn areas of the property.
Miscellaneous Obligations. The following is agreed to by the Allottee:
8.1 As and when the Demised Premised is ready for possession in accordance with the terms specified herein, the Company shall be entitled to issue a notice of offer of possession (the "Notice of Possession") calling upon the Allottee to take possession of the Demised Premises after paying stamp duty, registration charges and other legal incidental expenses in respect of the Indenture of Conveyance and upon the payment of the Consideration in accordance with the terms herein. Within thirty days of the date of dispatch of the Notice of Possession the Allottee shall be liable to take physical possession of the Demised Premises on the terms mentioned herein. If, for any reason, the Allotee fails and neglects or is not ready or willing to take possession of the Demised Premises, the Allottee shall be deemed to have taken possession of the Demised Premises at the expiry of thirty days from the date of dispatch of the Notice of Possession by the Company. In this event the Demised Premises shall be at the risk and cost of the Allottee and the Allottee shall be further liable to pay holding charges @ Rs.5/- per sq. ft. per month for the Super Area of the Demised Premises (the "Holding Charges"). Notwithstanding anything stated herein above, upon expiry of a period of 90 days from the date of despatch of the Notice of Possession, the Company shall, in addition to the right to levy Holding Charges as stated herein above, be entitled at its sole discretion to cancel the Allotment and refund the payments received from the Allottee in accordance with the terms of these Standard Terms & Conditions. The Allottee agrees not to question the decision of the Company in postponing the cancellation beyond 90 days from the date of dispatch of the Notice of Possession. The Company may, however, at its sole discretion, restore the Allotment by levying the Holding Charges up to the date of such restoration. In addition to the Holding Charges as described herein above, the Allottee shall also be liable to pay proportionate maintenance charges in respect of the Demised Premises from the expiry of 30 days from the dispatch of the Notice of Possession till such time as he takes possession of the Demised Premises.
8.2 The Company shall be entitled to access to Demised Premises at such time as is fixed by the Company for the purpose of carrying out general repair and service of any Common Areas And facilities and equipment including but not res...
Miscellaneous Obligations. During the term of the LOAN, “CEMEX” agrees before “BANOBRAS” to the following:
I. To provide monthly written notice, as to the progress of construction work, with detail of the work completed and paid for, including work performed pending payment, and work pending completion, in connection with the CONTRACTS and the FUTURE CONTRACTS. Non-Official Translation. Revolving Loan Agreement. Public instrument number 116,380.
II. To maintain an insurance policy covering the property comprising the COLLATERAL. Such insurance policy shall name “BANOBRAS” as the preferred beneficiary or, to the extent applicable, an endorsement naming “BANOBRAS” as the preferred beneficiary shall be obtained.
III. Provide its financial statements on a yearly basis, as audited by an independent auditor, within the first one hundred and eighty days as of the following fiscal year. Furthermore, it shall supply its records and/or internal financial statements whenever “BANOBRAS” should required the same in writing, no later than sixty days following the closing of the relevant fiscal year.
IV. It shall not engage in any indebtedness, including any obligations for borrowed money, bonds, loans, deferred payment obligations, services or property, financial leases and third party obligations where “CEMEX” should be a guarantor, or generally, enter into financial transactions which may deviate from its ordinary course of business and which may have the effect of defaulting on its payment obligations hereunder.
V. Advise “BANOBRAS” as to the existence of any suit or proceeding asserted against “CEMEX”, and of any situation which may compromise the execution of the CONTRACTS and of the FUTURE CONTRACTS, and having the ability of impairing its payment condition.
VI. Provide immediate written notice to “BANOBRAS” upon gaining knowledge of the occurrence or the existence of any situation which might lead to an event of default under any of the CONTRACTS and of the FUTURE CONTRACTS. Any of the above referred obligations which fail to state a time period for performance, shall be notified or substantiated to “BANOBRAS” in writing, no later than fifteen business days after occurrence of the same.
Miscellaneous Obligations. 14.1 The RIDER may not, for the duration of the present contract, work for any other Sponsored Team or advertise for any other sponsors than those belonging to the TEAM, save in such cases as are provided for in the Regulations of the UCI and of its affiliated Federations.
14.2 The TEAM hereby undertakes to allow the RIDER to perform his/her occupation by providing him/her with the necessary equipment and apparel and by permitting him/her to participate in a sufficient number of cycling events, either as a member of the team or individually.
14.3 The RIDER may not participate individually in a race without the express agreement of the TEAM. The TEAM shall be deemed to have given its agreement if it has not replied within a period of ten days from the date of the request.
Miscellaneous Obligations. Subject to clause 3:
(a) TABCORP will comply with the obligations contemplated of it under clauses 3.2, 5.6(a) and 5.8 of the Ordinary Scheme, and will procure that each of TABCORP Acquirer and TABCORP Issuer complies with the obligations contemplated of TABCORP Acquirer or TABCORP Issuer (as the case may be) under the Ordinary Scheme;
(b) TABCORP Acquirer will comply with the obligations contemplated of it under clauses 4.2(b), 4.3(a), 5.6(a) and 9.7 of the Ordinary Scheme; and
(c) TABCORP Issuer will comply with the obligations contemplated of it under clauses 4.3(d) and (e) and 5.6(b) of the Ordinary Scheme.
Miscellaneous Obligations. Subject to clause 3:
(a) TABCORP will comply with the obligations contemplated of it under clause 3.2 of the RPS Scheme, and will procure that TABCORP Acquirer complies with the obligations contemplated of TABCORP Acquirer under the RPS Scheme; and
(b) TABCORP Acquirer will comply with the obligations contemplated of it under clauses 4.2(b) and 7.7 of the RPS Scheme.