Obligations and Recognition Sample Clauses

The "Obligations and Recognition" clause defines the specific duties and responsibilities that each party must fulfill under the agreement, as well as the formal acknowledgment of these obligations by all involved parties. In practice, this clause outlines what actions or standards are required from each side, such as delivering goods, providing services, or maintaining confidentiality, and ensures that both parties explicitly recognize and accept these commitments. Its core function is to establish clear expectations and mutual understanding, thereby reducing the risk of disputes arising from misunderstandings or unfulfilled responsibilities.
Obligations and Recognition. As “The Union” is a Local of the International Alliance of Theatrical Stage Employees, Moving Picture Technicians, Artists and Allied Crafts of the United States, its Territories and Canada, nothing in this Agreement shall be construed to interfere with any obligation “The Union” owes to such International Alliance by reason of prior obligation.
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Obligations and Recognition. Purpose of the Agreement: It is the purpose of this agreement to recognize the common interest between the Employer and the Union in promoting the utmost co- operation and friendly spirit between the Employer and its Employees; to set forth terms and conditions of employment to be observed by both parties; and to provide for prompt and equitable adjustment of grievances. To this end, both the Employer and the Union sign this agreement in good faith.
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Obligations and Recognition. Union Recognition 2 1.02 Adherence to Master Agreement 2 1.03 Prior Obligations 2 1.04 CMPA Recognition 2
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Obligations and Recognition. Within this document and its sideletters, the singular shall be deemed to include the plural, and the masculine shall be deemed to refer to the feminine.
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Obligations and Recognition. 1.01 The Employer recognizes the Union as the sole and exclusive Bargaining Agent for all persons or Loan-Out Companies employed the Employer under this Master Agreement within the Territorial Jurisdiction of Alberta and the Northwest Territories in the job classifications and at the wage rates listed in Appendix “1” and whose services are rendered in connection with the production, of motion pictures, all of whom will be referred to as “Employees.”
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Obligations and Recognition. 2.1 Prior Obligations. 7 2.4 Bargaining Agent. 7
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Obligations and Recognition 
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Related to Obligations and Recognition

  • Parties Obligations The Parties’ obligations under this Agreement will continue notwithstanding the existence of a Material Change.

  • SCOPE AND RECOGNITION See the Local Provisions ▇▇▇▇▇▇▇▇ ▇▇.

  • Conditions to All Parties’ Obligations The obligations of Parent and the Company to consummate the transactions contemplated by this Agreement are subject to the satisfaction (or waiver in writing by Parent and the Company), at or prior to the Closing, of the following conditions: (a) the Parent Stockholder Approval shall have been attained; (b) the Company Stockholder Approval shall have been attained; (c) the Registration Statement shall have become effective under the Securities Act, and shall not be the subject of any stop order or any Action by the SEC seeking a stop order, and shall remain in effect; (i) the waiting period (and any extension thereof, including under any agreement between a party and a Governmental Body agreeing not to consummate the Merger prior to a certain date entered into in compliance with this Agreement) applicable to the transactions contemplated by this Agreement under the HSR Act shall have expired or been terminated, (ii) any mandatory waiting period or required clearance, approval or consent applicable to the transactions contemplated by this Agreement under any other applicable competition or antitrust Law or regulation shall have expired or been obtained, except where the failure to observe such waiting period or obtain a clearance, approval or consent referred to in this clause would not have a material adverse effect on the parties, and (iii) each other clearance, approval or consent with respect to the transactions contemplated by this Agreement specified on Section 7.01(d) of the Company Disclosure Letter shall have been obtained or deemed to have been obtained; (e) no Governmental Body of competent jurisdiction shall have issued or entered any Order (whether temporary, preliminary or permanent) after the date of this Agreement, and no applicable Law shall have been enacted or promulgated after the date of this Agreement, in each case, that is then in effect and has the effect of restraining, enjoining, making illegal or otherwise prohibiting the consummation of the Merger or the other transactions contemplated by this Agreement; and (f) Parent shall have submitted to the Stock Exchange, in accordance with the requirements of the Stock Exchange, a notification of the Parent Shares to be issued in connection with the Merger (including Parent Shares to be reserved upon exercise of Rollover Options and the settlement of Rollover RSUs and Settled RSUs) as contemplated by this Agreement.

  • Obligations and Rights Upon receipt of a termination notice for termination in the public interest, Contractor shall be subject to the rights and obligations set forth in §15.A.i.a.