OBLIGATIONS OF EACH EXECUTING PARTICIPANT Sample Clauses

OBLIGATIONS OF EACH EXECUTING PARTICIPANT. 7.1 For each Transfer in which it participates, an Executing Participant must:‌ 7.1.1 authenticate each Instructing Participant from whom it receives a Transfer Instruction; or 7.1.2 where it receives a Transfer Instruction for a Transfer from a third party which is not a Member, ensure that such background and other checks which it is required to undertake by Applicable Law are carried out as well as any further checks which are reasonably necessary for it to confirm the identity of the relevant third party. These checks at a minimum will include: (a) all anti-money laundering checks required by Applicable Law; and (b) all background and verification checks, in accordance with Best Industry Practice; 7.1.3 ensure that Data provided to the Instructing Participant (including Data sent in response to a Discovery Message) is accurate and complete to the best of its knowledge and belief having made reasonable enquiry; 7.1.4 not fulfil a Transfer Instruction or send any Data in response to a Discovery Message, if, prior to doing so, it has received written notice that the Transfer, or the Discovery Message (as the case may be) has not been authorised by the Customer; and 7.1.5 where the Executing Participant is the Fund Manager, verify that the purported Unit holder to whom the proposed Transfer relates is entered on the fund's register of holders of Units as the Unit holder. 7.2 The Executing Participant will be liable to each other Participant pursuant to Clause
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Related to OBLIGATIONS OF EACH EXECUTING PARTICIPANT

  • OBLIGATIONS OF PARTICIPANT (a) Pursuant to its obligations under the federal securities laws, the Participant agrees to maintain all books and records of all sales of Shares made by or through it and to furnish copies of such records to the Trust, Transfer Agent and/or the Distributor upon their reasonable request. (b) The Participant affirms that it has procedures in place reasonably designed to protect the privacy of non-public personal consumer/customer financial information to the extent required by applicable law, rule and regulation and that it will maintain such procedures throughout the term of this Agreement. (c) The Participant represents, covenants, and warrants that it has taken affirmative steps so that will not be an affiliated person of a Fund, a promoter or principal underwriter of a Fund or an affiliated person of such persons due to ownership of Shares, including through its grant of an irrevocable proxy relating to the Shares to the Distributor.

  • Conditions to Obligations of Each Party The respective obligations of each Party to perform this Agreement and consummate the Merger and the other transactions contemplated hereby are subject to the satisfaction of the following conditions, unless waived by both Parties pursuant to Section 10.6:

  • Conditions to the Obligations of Each Party The obligations of the Company, Parent and Merger Sub to consummate the Merger are subject to the satisfaction or waiver (where permissible) of the following conditions:

  • Obligations of Employer Within 3 weeks of receiving an application for parental leave the employer notify in writing the employee of their entitlement to parental leave and whether their position will be kept open. Subject to the position not being both a key position and one it which is not practical to employ someone on a fixed term agreement as a replacement then the employer shall keep the employee’s position open for them on their return to work. Recognise the employee’s service as being continuous on their return to work. Ensure the employee’s terms and conditions remain the same.

  • Obligations of Employee The employee must give a minimum of three months written notice to the employer prior to the expected dated of delivery. Such notice shall contain a certificate from their medical practitioner or LMC stipulating that the employee or the employee’s partner is pregnant and the expected date of delivery. The notice shall also stipulate the period for which the employee is seeking to take as leave. If the employee is adopting a child whose age is less than five then the employee must notify the employer of such and their intention to take parental leave within fourteen days of receiving notification of the adoption or placement of the child to them. Note: this does not require the employee to give a minimum notice of their intention. Notice of actual placement and the need to commence parental leave may be less than two weeks. In both such instances the employee must provide the date of delivery or adoption and the period for which the employee is seeking to take as leave. Date of return that he or she intends to return to their employment. Generally, any early return to workplace or any change to the terms and conditions of employment on the return to workforce must be with the agreement of both employer and employee.