Obligations of Policyholder Sample Clauses

Obligations of Policyholder. 10.1. The persons with whom the policyholder has a common household, persons working for the policyholder, legal possessors of the object of insurance or persons who use the object of insurance at the consent of the owner or a legal possessor are considered equal to the policyholder. The contractual obligations of the policyholder shall also apply to the persons considered equal to the policyholder. 10.2. The policyholder shall: 10.2.1. comply with the current laws of the Republic of Estonia, user manuals of the equipment manufacturers, safety requirements specified in the insurance contract as well as special and supplementary terms and conditions; 10.2.2. explain the obligations arising from the insurance contract to the persons who are considered equal to the policyholder; 10.2.3. enable the representative of PZU to examine the insurance location, the objects to be insured and the documents necessary for entering into the insurance contract; 10.2.4. submit complete and correct information for the assessment of the insured risk and upon entering into the insurance contract notify of all significant circumstances known to it, which influence the decision of PZU to enter into the insurance contract or to do the same on the agreed terms and conditions; 10.2.5. immediately notify PZU of an increase in the probability of insured risk (e.g. upon changes in comparison with what has been specified in the insurance contract); 10.2.6. do everything in its power to prevent the insured event and to minimise the possible damage, avoid the increase in the probability of insured risk and prevent the persons who are considered equal to the policyholder from doing so; 10.2.7. immediately notify of the occurrence of multiple insurance; 10.2.8. immediately notify of the transfer of the object of insurance. 10.3. Upon the occurrence of the insured event, the policyholder shall: 10.3.1. take immediate measures to save the object of insurance, prevent the increase of damage and minimise the damage; 10.3.2. immediately notify the following institutions of the incident: a) the police if the activities of a third person are suspected; b) local rescue board if it is a fire or an explosion of an explosive device; c) in other cases, a relevant authority or person; 10.3.3. notify PZU of the insured event personally or through a representative as soon as possible after having learned of the insured event. If the exact time of the occurrence of the insured event cannot be determined, ...
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Related to Obligations of Policyholder

  • Obligations of Covered Entity (1) Covered Entity shall notify Business Associate of any limitations in its notice of privacy practices of Covered Entity, in accordance with 45 C.F.R. § 164.520, or to the extent that such limitation may affect Business Associate’s use or disclosure of PHI. (2) Covered Entity shall notify Business Associate of any changes in, or revocation of, permission by Individual(s) to use or disclose PHI, to the extent that such changes may affect Business Associate’s use or disclosure of PHI. (3) Covered Entity shall notify Business Associate of any restriction to the use or disclosure of PHI that Covered Entity has agreed to in accordance with 45 C.F.R. § 164.522, to the extent that such restriction may affect Business Associate’s use or disclosure of PHI.

  • Obligations of Party A 4.1 Party B’s services hereunder are exclusive. During the term of this Agreement, without the prior written consent of Party B, Party A shall not enter into any agreement with any other third party or accept from such third party any other service same as or similar to the services provided by Party B. 4.2 Party A shall provide Party B with its definitive Annual Business Plan for the next year before November 30 of each year so that Party B may prepare corresponding service plan and arrange the required manpower and service capacity. If Party A needs any manpower to be arranged by Party B temporarily, it shall negotiate with Party B fifteen (15) days in advance to reach an agreement. 4.3 To facilitate the provision of the Services by Party B, at the request of Party B, Party A shall provide Party B with the information required by Party B. 4.4 Party A shall pay the Service Fee to Party B promptly and fully according to the provisions of Article 3 hereof. 4.5 Party A shall maintain its own good reputation, actively expand its business, and strive to maximize its revenue. 4.6 During the term of this Agreement, Party A agrees to cooperate with Party B and Party B’s parent company (whether direct or indirect) to carry out audits on related-party transactions or other issues and provide relevant information and material relating to Party A’s operation, business, client, finance, employee, etc. to Party B and Party B’s parent company or the auditor appointed by Party B, and agrees that Party B’s parent company may disclose such information or material to meet the requirements of the regulators in the place where the securities of Party B’s parent company are listed.

  • Obligations of Party B 4.1 The Services provided by Party A under this Agreement shall be exclusive. During the effective term of this Agreement, without prior written consent of Party A, Party B may not enter into any agreement, orally or written, with any third party or otherwise engage such third party to provide services the same as or similar to those provided by Party A hereunder. 4.2 Party B shall provide Party A with the finalized Annual Business Plan of Party B of the next year before November 30 of each year, in order to facilitate Party A to plan for the Services, purchase necessary software and Equipment and secure necessary personnel and technical service force accordingly. In the event that Party B demands Party A to purchase any new Equipment and/or deploy additional personnel, it shall consult with Party A at least fifteen (15) days in advance in order to reach a mutual agreement between the Parties. 4.3 In order to facilitate provision of the Services by Party A, Party B shall provide Party A with relevant materials requested by Party A in an accurate and timely manner. 4.4 Party B shall pay Service Fees to Party A on time and in full amount in accordance with Article 3 of this Agreement. 4.5 Party B shall maintain its good standing and presence, actively develop its business and procure the maximization of the revenue. 4.6 The Parties hereby acknowledge that, pursuant to the terms and conditions of the Amended and Restated Equity Pledge Agreement entered into by all the registered shareholders of Party B as of the date of this Agreement (the “Existing Shareholders”) with Party A on November 3, 2017, each of the Existing Shareholders has pledged all of the equity interests in Party B held by it to Party A as security for Party B’s performance of its obligations under this Agreement. 4.7 During the term of this Agreement, Party B agrees to cooperate with Party A and Party A’s direct or indirect parent company in the audit of related party transactions and other audits, to provide relevant information and materials about Party B’s operation, business, customers, finance and employees to Party A, its parent company or its appointed auditor, and agrees that Party A’s parent company may disclose such information and materials for purpose of satisfying the regulatory requirements of the place where the securities of Party A’s parent company are listed.

  • Obligations of Client 5.1 The Client will: (a) be responsible for safely delivering the Nominated Vessel to the Marine Hub slipway and receiving the Nominated Vessel from the slipway upon its return to the water, and will ensure that the Nominated Vessel is adequately crewed for such purposes; (b) ensure that the Operator is made fully aware of all features of the Nominated Vessel (including underwater or structural features) that may be relevant to the placement of strops and the operation of the Travel Lift, or the positioning and placement of any equipment used to stand the Nominated Vessel on the Hardstand. (c) provide the Operator with all other information required to ensure the Operator is able to safely and securely perform the Services having regard to (among other things) the specific nature and structure of the Nominated Vessel; (d) promptly respond to all requests for information made by the Operator in relation to the Services and the Contractor Works; (e) promptly comply with all requirements and directions of the Operator in relation to the provision of the Services and the performance of any Contractor Works; and (f) provide reasonable cooperation and access to the Nominated Vessel to enable the Operator to perform the Services and to verify the Client's (and any Contractor's) compliance with the terms of this Agreement. 5.2 The Client will not sell, transfer or otherwise dispose of (or permit the sale, transfer or disposal of) the Nominated Vessel during the Term without the prior written approval of the Operator, which shall not be unreasonably withheld delayed, provided that all Charges owed to the Operator are paid in full prior to the sale or transfer date and the new Owner undertakes to be bound by the terms of this Agreement or a new Agreement is put in place between the Operator and the new Owner. If the Nominated Vessel is sold, transferred or disposed of during the Term without the approval of the Operator, the Client shall remain liable for all Charges and this Agreement shall continue to apply unless and until all Charges owed to the Operator at the relevant time are paid in full and the new Owner undertakes to be bound by the terms of this Agreement or a new Agreement is put in place between the Operator and the new Owner. 5.3 The Client must (and must ensure that its Representatives and Contractors and its Representatives) strictly comply with the Marine Hub Rules and all other terms of this Agreement (and any amendment thereto). 5.4 The Client will not, and will procure that its Representatives and Contractors do not: (a) do or permit to be done anything that causes a nuisance or disturbance to the Operator or any other client of the Marine Hub; or (b) undertake any activity on or in relation to the Marine Hub that encroaches on, or adversely affects either the Operator, the Marine Hub, or any owner or occupier of land adjacent to, or nearby, the Marine Hub. 5.5 The Client shall comply with: (a) all applicable Laws; and (b) all relevant requirements of the Operator (including as specified in the Operator Information) in connection with the provision by the Operator of the Services and any Ancillary Services. (For the avoidance of doubt, the Operator may require the Client to pay the Ancillary Service Costs to the Operator.) 5.6 The Client warrants that any information it provides to the Operator in connection with this Agreement will be true, accurate and complete and acknowledges and agrees that all such information will be relied on by the Operator.

  • Obligations of DOE a. In express reliance on the covenants and representations in this Compromise Agreement and to avoid further expenditure of public resources, ▇▇▇ agrees to accept Respondent’s payment pursuant to section III.2.a in full satisfaction of the penalty authorized by the Act. ▇. ▇▇▇ agrees to issue promptly an Adopting Order adopting this Agreement. ▇. ▇▇▇ agrees to terminate this enforcement action with prejudice upon Respondent’s completion of its Obligations in accordance with section III.2, above. If Respondent fails to complete its Obligations in accordance with section III.2, above, DOE may notify Respondent that the Agreement is null and void and may seek the maximum penalty in accordance with 10 C.F.R. § 429.120.