Obligation to Continue Clause Samples
The Obligation to Continue clause requires parties to maintain certain duties or responsibilities even after a specific event, such as contract termination or the completion of a particular phase. In practice, this clause often applies to ongoing commitments like confidentiality, payment of outstanding amounts, or the resolution of disputes, ensuring these obligations persist beyond the main contractual relationship. Its core function is to prevent parties from evading important responsibilities simply because the primary agreement has ended, thereby protecting ongoing interests and ensuring continuity where necessary.
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Obligation to Continue. Subject to any express terms to the contrary, notwithstanding the existence of a dispute, each party must continue to perform its obligations under this Agreement, including payment by the Customer of any money payable in accordance with clause 8.
Obligation to Continue. Upon the Withdrawal of a General Partner, the remaining General Partners shall have the right and obligation to continue the business of the Partnership employing its assets and name, all as contemplated by the Uniform Act. Within thirty (30) days after they obtain knowledge of the Withdrawal of a General Partner, the remaining General Partners shall notify the Investment Limited Partner or its designee of such Withdrawal.
Obligation to Continue. Notwithstanding the existence of a dispute or difference the Parties will continue to perform their obligations under this AES Agreement pending resolution of that dispute.
Obligation to Continue. In the event of the occurrence of a Terminating Event with respect to any General Partner, the remaining General Partners, if any, and any successor General Partner, shall have the obligation to elect to continue the business of the Partnership employing its assets and name, all as contemplated by the laws of the State. Within ten (10) days after the occurrence of such Terminating Event, the remaining General Partners, if any, shall notify the Investor Limited Partner and the Special Limited Partner thereof.
Obligation to Continue. Neither any of the SIPs nor SDS or any of its affiliates shall cancel any Policy under which any of SDS or any of its affiliates or any SIP, respectively, remains a beneficiary. After the Effective Date, SDS shall be solely responsible for obtaining and maintaining all policies of insurance covering its business and other activities after such date.
Obligation to Continue. When any Dispute occurs and when any Dispute is under arbitration, except for the matters under Dispute the Parties shall continue to exercise their remaining respective rights, and fulfill, their remaining respective obligations under this Agreement.
Obligation to Continue. 82 Section 10.3 Successor General Partner. . . . . . . . . . . . . . . . 82 Section 10.4 Interest of Predecessor General Partner. . . . . . . . . 83 Section 10.5 Designation of New General Partners. . . . . . . . . . . 84 Section 10.6
Obligation to Continue. SUBCONTRACT WORK Should Subcontractor and Contractor do not be able to agree on a Change Order price, Subcontractor shall continue in its performance of the Work while exercising any of its remedies under the Subcontract Agreements.
Obligation to Continue. Upon the occurrence of an Event of Withdrawal as to a General Partner and/or Class B Limited Partner, each remaining General Partner and/or Class B Limited Partner, if any, shall have the right and obligation to continue the business of the Partnership, employing its assets and name, all as contemplated by the Partnership Act. Within thirty (30) days after they obtain knowledge of the occurrence of an Event of Withdrawal as to a General Partner or Class B Limited Partner, the remaining Persons who comprise the General Partner and/or Class B Limited Partner, if any, shall notify the SLP and the ILP of such Withdrawal.
Obligation to Continue. The agreements of ARMG in this Article 12 with respect to the warrants and/or the shares shall continue in effect regardless o the exercise or surrender of the warrants.