Obligations of Principal Clause Samples

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Obligations of Principal. 4.1 The Principal shall promptly procure (or have procured) original Marketing Authorisations using the EU DCP for the First Wave countries listed in Schedule 3 and shall use all reasonable endeavours to obtain original Marketing Authorisations using the EU DCP for the Second Wave countries listed in Schedule 3, and shall ensure and maintain the same for the Term. The Principal shall promptly transfer all original Marketing Authorisations obtained under this Clause 4.1 into the name of the Distributor or its Associate at the Principal’s expense. 4.2 The Principal may obtain a duplicate Marketing Authorisation in the name of the Principal for each original Marketing Authorisation obtained under Clause 4.1 above. The Principal shall ensure that each duplicate Marketing Authorisation obtained for a particular country will at all times be identical to the provisions of its corresponding original Marketing Authorisation. For the avoidance of doubt, any duplicate Marketing Authorisation corresponding to an original Marketing Authorisation transferred to the Distributor under Clause 4.1 shall remain in the name of the Principal. 4.3 Any and all original and duplicate Marketing Authorisations obtained by the Principal under Clauses 4.1 and 4.2 above (including, for the avoidance of doubt, any original Marketing Authorisations transferred to the Distributor) shall be obtained and maintained (including where the Distributor is required to maintain such Marketing Authorisations) at the sole expense of the Principal and, without prejudice to the generality of this Clause 4.3, the Principal shall prepare the necessary paperwork and pay any and all fees charged by Regulatory Authorities for any variations made to such Marketing Authorisations and any related costs and expenses including, without limitation, any related translation fees, except where such variations are requested by the Distributor in accordance with the Guiding Principles in which case such costs and expenses shall be paid by the Distributor. 4.4 The Principal shall use commercially reasonable efforts to comply with the Guiding Principles. The Principal shall provide the Distributor with all documents and information including the EU-DCP dossier necessary to compile a dossier to obtain, maintain and update the Marketing Authorisations for the Product in each of the countries in the Territory not listed in Schedule 3 (the “Non-EU Countries”) and any other documentation or information that the Principal m...
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Obligations of Principal. 4.1. Principal (or Guardian) shall notify Business Associate of any limitation(s) in the Notice of Privacy Practices of Guardian in accordance with 45 CFR § 164.520, to the extent that such limitation may affect Business Associate’s use or disclosure of Protected Health Information. (Guardian’s HIPAA Notice of Privacy Practices may be found at: ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/privacy-policy, and may be subject to change from time to time.) 4.2. Principal (or Guardian) shall notify Business Associate of any changes in, or revocation of, permission by Individual to use or disclose Protected Health Information, to the extent that such changes may affect Business Associate’s use or disclosure of Protected Health Information. 4.3. Principal (or Guardian) shall notify Business Associate of any restriction(s) to the use or disclosure of Protected Health Information that Principal has agreed to in accordance with 45 CFR § 164.522, to the extent that such restriction(s) may affect Business Associate’s use or disclosure of Protected Health Information. 4.4. Principal shall not request Business Associate to use or disclose Protected Health Information in any manner that would not be permissible under the Privacy Rule if done by Principal, except as specifically permissible by this BAA and the Privacy Rule.
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Obligations of Principal. Nothing in this agreement shall be construed to either (1) alter the primary responsibility of Principal to comply with all regulations governing the provision of utilities to the Property or to pay for all utilities provided to the Property, or
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Obligations of Principal. 6.1 The PRINCIPAL agrees to execute and deliver at its cost all documents, reports or instruments and to take all such reasonable actions, as the AGENT may from time to time reasonably request, in order to give full effect to the purposes of this AGREEMENT. 6.2 On or within ten (10) BUSINESS DAYS of the EFFECTIVE DATE, the PRINCIPAL shall establish and place on deposit in the CLAIM AND SERVICES ACCOUNT, the sum of $250,000. 6.3 For as long as the AGENT shall be obligated to provide SERVICES to the PRINCIPAL, the PRINCIPAL shall afford the AGENT access to draw upon the CLAIM AND SERVICES ACCOUNT in the manner and for the limited purposes specified in Schedule 1 (Part K) to this AGREEMENT. 6.4 In the event that the CLAIM AND SERVICES ACCOUNT falls to less than $25,000, the PRINCIPAL shall, within five (5) BUSINESS DAYS of receiving NOTICE from the AGENT, restore the CLAIM AND SERVICES ACCOUNT to $250,000. If at any time, the funds contained in the CLAIM AND SERVICES ACCOUNT are insufficient to satisfy the PRINCIPAL’s obligation to pay the currently due items set forth in Part K of Schedule 1, PRINCIPAL agrees to fund the CLAIM AND SERVICES ACCOUNT with the amounts required to pay such items within forty-eight (48) hours of receiving a written cash call for such amounts from the AGENT. 6.5 The PRINCIPAL shall take all steps reasonably necessary to effectuate the obligations set forth at Paragraph 6.2 of this AGREEMENT. 6.5.1 Notwithstanding the foregoing, it is expressly understood that: (a) the PRINCIPAL shall be the sole owner of the CLAIM AND SERVICES ACCOUNT; (b) all interest generated by the CLAIM AND SERVICES ACCOUNT shall likewise belong to the PRINCIPAL; and (c) the PRINCIPAL shall have sole authority to direct the investment of all funds contained in the CLAIM AND SERVICES ACCOUNT. 6.6 The PRINCIPAL hereby agrees to pay the AGENT a MANAGEMENT FEE in the amount of 3.65% of the GROSS REINSURANCE PREMIUM that is earned by the PRINCIPAL in 2002 and 2003 in respect of ORIGINAL REINSURANCE CONTRACTS. The PRINCIPAL shall earn GROSS REINSURANCE PREMIUMS in accordance with generally accepted accounting principles. 6.7 For a period of one year from the last date that AGENT can bind PRINCIPAL to ORIGINAL REINSURANCE CONTRACTS under the terms of this AGREEMENT, PRINCIPAL agrees not to introduce, sell or otherwise promote any reinsurance or insurance products which are in direct competition with the medical excess reinsurance currently underwritten by AGENT and w...
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Obligations of Principal. If Contractor is an entity and a “Principal” signs below, each of Contractor and the Principal shall be jointly and severally liable for all obligations of Contractor hereunder. As used herein, “Principal” shall mean an officer, member or manager of Contractor.
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Obligations of Principal. 3.1. The Principal will give to the Agent all documents apt to promote the sales of products such as leaflets, brochures, depliants, price lists, samples, and any other document, product and information useful to the Agent to accomplish her own activities. 3.2 The Principal will inform the Agent about the acceptance or the refusal or not execution of a business got by the Agent.
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Obligations of Principal. This agreement is expressly conditioned on the following: (a) It is understood and agreed that the active participation of the Principals in your business affairs, and their active participation in the performance of your obligations hereunder are a vital part of this agreement. During the term, the Principals shall render their services related to the recording industry exclusively to ANTRA. Neither you nor any Principal may have a direct or indirect interest in any Recording or recording agreement unless such Recording or agreement is subject hereto. (b) In the event of the death or incapacity of any Principal and/or in the event that any Principal shall cease for whatever reason to be actively engaged in your management in a controlling capacity or shall cease to perform his obligations hereunder or under the Furnishing Agreements, ANTRA shall have the right, without liability of any kind whatsoever, by giving you written notice thereof, (i) to terminate the Term of this agreement, as of the date of such notice subject to ANTRA's other rights herein; (ii) to continue with the term of this agreement (subject to ANTRA's rights and/or remedies provided herein and in the Furnishing Agreements); and/or (iii) in the event of such cessation of services is not caused by death or permanent incapacitation, to demand and receive from you the return of all unrecouped Advances hereunder. Notwithstanding the foregoing, in the event that ANTRA terminates the Term of this agreement pursuant to this paragraph, ANTRA's obligations regarding Advances and royalties shall be set forth in your agreement with the Artist concerned. (c) In connection with each Record to be released by ANTRA hereunder,
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Obligations of Principal 
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Related to Obligations of Principal

  • Obligations of Trust The Trust shall have the following obligations under this Agreement: (a) to keep JCM continuously and fully informed as to the composition of its investment portfolio and the nature of all of its assets and liabilities from time to time; (b) to furnish JCM with a certified copy of any financial statement or report prepared for it by certified or independent public accountants and with copies of any financial statements or reports made to its shareholders or to any governmental body or securities exchange; (c) to furnish JCM with any further materials or information which JCM may reasonably request to enable it to perform its function under this Agreement; and (d) to compensate JCM for its services and reimburse JCM for its expenses incurred hereunder in accordance with the provisions hereof.

  • Obligations of Company Unconditional Nothing contained in this Article Eight or elsewhere in this Indenture or in the Securities is intended to or shall impair, as among the Company and the Holders of the Securities, the obligation of the Company, which is absolute and unconditional, to pay to the Holders of the Securities the principal of and interest on the Securities as and when the same shall become due and payable in accordance with their terms, or is intended to or shall affect the relative rights of the Holders of the Securities and creditors of the Company other than the holders of the Senior Indebtedness, nor shall anything herein or therein prevent the Holder of any Security or the Trustee on their behalf from exercising all remedies otherwise permitted by applicable law upon default under this Indenture, subject to the rights, if any, under this Article Eight of the holders of the Senior Indebtedness in respect of cash, property or securities of the Company received upon the exercise of any such remedy. Without limiting the generality of the foregoing, nothing contained in this Article Eight shall restrict the right of the Trustee or the Holders of Securities to take any action to declare the Securities to be due and payable prior to their stated maturity pursuant to Section 6.01 or to pursue any rights or remedies hereunder; provided, however, that all Senior Indebtedness then due and payable shall first be paid in full in cash before the Holders of the Securities or the Trustee are entitled to receive any direct or indirect payment from the Company of principal of or interest on the Securities.

  • Obligations of the Sponsor The Sponsor agrees to provide the Asset Representations Reviewer with the following: • Reasonable access to the Sponsor; • Complete AUPs; • Required Documents; and • Other related information reasonably requested by the Asset Representations Reviewer to perform the Services hereunder.

  • Obligations of the Seller The obligations of the Seller under this Agreement will not be affected by reason of any invalidity, illegality or irregularity of the 2024-B Exchange Note or any 2024-B Lease or 2024-B Vehicle allocated to the 2024-B Reference Pool.

  • Obligations of the Trust This Agreement is executed by and on behalf of the Trust and the obligations of the Trust hereunder are not binding upon any of the trustees, officers or shareholders of the Trust individually but are binding only upon the Trust and with respect to the Funds to which such obligations pertain.