Obligations of the Principal Sample Clauses

Obligations of the Principal. The Principal agrees:

Obligations of the Principal. 3.2.1. The Principal shall be obliged, in a convenient for the Principal way, to inform the Agent about binding instructions regarding conditions of fulfillment of obligations being the subject of the present Agreement. 3.2.2. The Principal shall be obliged to pay the Agent’s Commission payable in accordance with the terms and conditions of the present Agreement, with the exception of the cases stipulated in the paragraph 3.1.11 hereof. 3.2.3. The Principal shall be obliged to accept all the documents provided by the Agent and everything fulfilled by the Agent on the terms and pursuant to the conditions set out in the present Agreement. 3.2.4. The Principal shall be obliged to incur other obligations in accordance with the terms of the present Agreement and effective legislation.

Obligations of the Principal. The Principal hereby agrees:

Obligations of the Principal. 5.1. The Principal undertakes to obtain and communicate to the Agent any and all data necessary for the fulfillment of the Agent’s obligations. 5.2. The Principal undertakes to provide the Agent any and all necessary documentation related to the subject of the commission sales, particularly, the Principal is obliged to hand over the materials necessary for the fulfilment of the Agent’s obligations at least 7 working days prior to the beginning of the sale. 5.3. The Principal is obliged to pay commission to the Agent.

Obligations of the Principal. 3.1 The Principal shall document the existence of the company, its current place of business and names of the person(s) authorised to lawfully represent the company in the form of an excerpt of the company’s entry into the company register. 3.2 The Principal is responsible for obtaining any necessary licenses and permits, including import and export licenses. 3.3 The Principal shall provide all necessary records, information and data in a timely fashion and shall immediately answer any enquiries by ECUK. 3.4 The Principal warrants the accuracy and completeness of the information given including that the goods are not subject to any bans, restrictions, sanctions or protected commercial rights. 3.5 The Principal shall on his own initiative make specific reference to any special circumstances and notify ECUK accordingly. If the Principal does not inform ECUK of any binding tariff information or of any binding information regarding origin relating to the goods, ECUK will assume that no such binding information exists. 3.6 The Principal shall be obliged to immediately verify the information contained in the customs declaration or any other document in relation to properties of the goods, tariff number, value, number, type and weight of the goods, transport costs, tooling costs, commissions, brokers’ fees, price reductions, status of the goods, encodings for documents and explanations concerning bans and restrictions, and any other variables relevant to the value of the goods. 3.7 Upon demand, the Principal shall provide the authorities with all requested documents and shall make the necessary data and documents accessible should recourse be made by the authorities against ECUK in connection with its activities on the Principal’s behalf. All documents upon which the customs declaration is based, such as movement certificates, declarations of origin, freight documents etc. together with the customs declaration must be kept by the Principal on its own premises for a period corresponding to the legal limitation of time applicable in the country where the customs declaration is submitted, except where ECUK is obliged to keep such documents.

Obligations of the Principal. The Principal agrees: 7.2.1 Contract Fee and Listing Fee To pay the Contract Fee and Listing Fee (if applicable) together with any VAT within 5 Banking Days of receipt of an invoice unless such amount has been deducted or set off by NFPAS in accordance with Clause 7.2.3.

Obligations of the Principal. 9.1 The obligations of the Principal shall be those that are established in this Agreement, those resulting from good faith and from the Applicable Law and regulations including, in particular, the following: (i) to grant access to the System to the Contractor's personnel; (ii) to designate an individual, who shall be authorized to represent the Principal in the administration of this Agreement; (iii) to use the System within the scope contemplated in the technical provisions set out in the Annex 6 to the EPC Contract. (iv) not to make any alterations or repairs to any part of the System without the Contractor's prior written approval; (v) to timely comply with the payment obligations pursuant to Article 5.

Obligations of the Principal. 6.1 The Principal shall provide Exterion Media with, or shall procure that the Promoter shall provide Exterion Media with, a method statement acceptable to Exterion Media and the Operating Company setting out how the Distribution will be undertaken, and the rights granted in clause 3.1 shall be conditional upon the Principal or the Promoter providing the same prior to the beginning of the Distribution Period. The Principal shall be liable to pay the Charge regardless of whether a method statement is provided.

Obligations of the Principal. 3.1 In its relation with the Agent, the Principal must act dutifully and in good faith. 3.2 The Principal shall in particular remunerate the Agent according to the commission and terms of payment provided for in this contract. 3.3 The Principal shall inform the Agent before it starts to perform the obligations mentioned in paragraph 2.2 of the minimum overall orders that should be collected in order for the Principal to be able to supply the product(s) (or service(s)). 3.4 The Principal shall in addition inform the Agent without delay of its acceptance, refusal or non-execution of any offers/orders transmitted by the Agent. 3.5 The Principal shall not reject the offers/orders transmitted by the Agent unless: 3.5.1 There are serious doubts, supported by any written evidence, on the solvency of the customer. 3.5.2 The offer does not meet the Principal’s expectations in terms of image and standards. 3.5.3 The overall orders collected by the Agent are below the minimum overall orders referred to in paragraph 3.3. 3.6 The Principal’s unjustified refusals of offers/orders shall be considered as a breach of the contract by the Principal. 3.7 The Principal shall immediately inform the Agent of any change in its range of product(s) (or service(s)) its prices, conditions of sale or terms of payment as well as of any change of the technical specifications or capacity of supply of the product(s) (or service(s)). Should the Principal expect that its capacity of supply will be significantly lower than the Agent’s normal expectancy, it shall inform the Agent without delay. 3.8 The Principal shall provide the Agent, free of charge, with all information and documentation needed for the performance of the present contract, including, but not limited to, the terms and conditions of sale, price lists, technical documents. 3.9 The Principal shall furthermore keep the Agent informed of any relevant communication with or for the attention of the customers in the territory.