Obligations Continuing Clause Samples
The 'Obligations Continuing' clause defines that certain responsibilities or duties of the parties will remain in effect even after the main contract has ended or been terminated. Typically, this applies to obligations such as confidentiality, indemnification, or payment of outstanding amounts, which are intended to survive the expiration or termination of the agreement. By specifying which obligations continue, this clause ensures that important protections and requirements are upheld beyond the contract's formal duration, thereby preventing gaps in responsibility or risk exposure.
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Obligations Continuing. The obligations of each Guarantor hereunder shall be continuing and shall remain in full force and effect until all the obligations have been paid and satisfied in full. Each Guarantor agrees with the Trustee that it will from time to time deliver to the Trustee suitable acknowledgments of this continued liability hereunder and under any other instrument or instruments in such form as counsel to the Trustee may advise and as will prevent any action brought against it in respect of any default hereunder being barred by any statute of limitations now or hereafter in force and, in the event of the failure of a Guarantor so to do, it hereby irrevocably appoints the Trustee the attorney and agent of such Guarantor to make, execute and deliver such written acknowledgment or acknowledgments or other instruments as may from time to time become necessary or advisable, in the judgment of the Trustee on the advice of counsel, to fully maintain and keep in force the liability of such Guarantor hereunder.
Obligations Continuing. Subject to Section 10.04, the Obligations of each Guarantor hereunder shall be continuing and shall remain in full force and effect until all the Obligations have been paid and satisfied in full.
Obligations Continuing. The Obligations of each Subsidiary Guarantor under its Subsidiary Guarantee shall be continuing and shall remain in full force and effect until all the Obligations hereunder have been paid and satisfied in full. Each Subsidiary Guarantor hereby agrees with the Trustee that it will from time to time deliver to the Trustee suitable acknowledgments of this continued liability hereunder and under any other instrument or instruments in such form as counsel to the Trustee may advise and as will prevent any action brought against it in respect of any default hereunder being barred by any statute of limitations now or hereafter in force and, in the event of the failure of a Subsidiary Guarantor so to do, it shall irrevocable appoint the Trustee, the attorney and agent of such Subsidiary Guarantor to make, execute and deliver such written acknowledgment or acknowledgments or other instruments as may from time to time become necessary or advisable, in the judgment of the Trustee on the advice of counsel, to fully maintain and keep in force the liability of such Subsidiary Guarantor under its Subsidiary Guarantee.
Obligations Continuing. The obligations of each Guarantor hereunder shall be continuing and shall remain in full force and effect until all the obligations have been paid and satisfied in full. Each Guarantor agrees with the Trustee that it will from time to time deliver to the Trustee suitable acknowledgments of this continued liability hereunder.
Obligations Continuing. Clauses which, by their nature, are intended to survive termination or expiry of the Agreement, including clauses 4, 5, 7, 8, 10, 11.3, 11.4, 12, 13.5, 13.10 continue in force.
Obligations Continuing. 93 Section 12.10 Obligations Not Reduced. 93 Section 12.11
Obligations Continuing. Notwithstanding a reference of a dispute to the dispute resolution procedure in this clause 14:
(a) the parties shall, so far as it is reasonably practicable, continue to perform and comply with their respective obligations under this Agreement to the extent that such obligations are not the subject of that dispute; and
(b) the parties are not precluded by this clause 14 from exercising their rights of termination in accordance with clause 12 (term and termination).
Obligations Continuing. In the event any Party ceases to own Shares and hold Subordinated Shareholder Loans, such Party shall cease to be a Party to this Agreement and shall thereafter not be entitled to any rights or benefits under this Agreement. However, such Party shall not be released from any outstanding obligations hereunder (including the Party's duty of Confidentiality as stated in Article 18), in the Major Contracts or under any guarantee unless the guarantee obligation is duly assumed by the transferee and such Party is released with the written consent of the other Parties.
Obligations Continuing. This Article 10 shall continue to be effective or be reinstated, as the case may be, if at any time any payment of any of the Parent Guaranteed Obligations are annulled, set aside, invalidated, declared to be fraudulent or preferential, rescinded or must otherwise be returned, refunded or repaid by Seller, upon the insolvency, bankruptcy, dissolution, liquidation or reorganization of Parent, Buyer or any other guarantor, or upon or as a result of the appointment of a receiver, intervener or conservator of, or trustee or similar officer for, Parent, Buyer or any other guarantor or any substantial part of their property or otherwise, all as though such payment or payments had not been made.
Obligations Continuing. Termination of this Agreement shall not relieve either Party of its obligations incurred prior to termination.