Obligations of the Purchaser Sample Clauses
The "Obligations of the Purchaser" clause defines the specific duties and responsibilities that the buyer must fulfill under the agreement. This typically includes requirements such as making timely payments, providing necessary information or documentation, and complying with any conditions precedent to closing the transaction. By clearly outlining what is expected from the purchaser, this clause ensures both parties understand their roles, helps prevent disputes, and facilitates a smooth completion of the transaction.
Obligations of the Purchaser. (a) The Purchaser shall furnish in writing to the Company such information regarding itself, the Registrable Securities or Additional Registrable Securities, as applicable, held by it and the intended method of disposition of the Registrable Securities or Additional Registrable Securities, as applicable, held by it, as shall be required by the 1933 Act to effect the registration of such Registrable Securities or Additional Registrable Securities, as applicable, and shall execute such documents in connection with such registration as the Company may reasonably request. At least ten (10) Business Days prior to the first anticipated filing date of any Registration Statement (or such shorter period as may be agreed to by the Purchaser), the Company shall notify the Purchaser of the information the Company requires from the Purchaser if the Purchaser's Registrable Securities or Additional Registrable Securities are to be included in the Registration Statement.
(b) The Purchaser, by its acceptance of the Registrable Securities and Additional Registrable Securities, if any, agrees to cooperate with the Company as reasonably requested by the Company in connection with the preparation and filing of a Registration Statement hereunder, unless the Purchaser has notified the Company in writing of its election to exclude all of its Registrable Securities or Additional Registrable Securities, as applicable, from the Registration Statement.
(c) If the Purchaser determines to engage the services of an underwriter, which underwriter is reasonably acceptable to the Company, the Purchaser agrees to enter into and perform its obligations under an underwriting agreement, in usual and customary form, including, without limitation, customary indemnification and contribution obligations, with the managing underwriter of such offering and take such other actions as are reasonably required in order to expedite or facilitate the dispositions of the Registrable Securities or Additional Registrable Securities, as applicable.
(d) The Purchaser agrees that, upon receipt of any notice from the Company of the happening of any event rendering a Registration Statement no longer effective or available for use by the Purchaser, the Purchaser will immediately discontinue disposition of Registrable Securities or Additional Registrable Securities pursuant to the Registration Statement covering such Registrable Securities or Additional Registrable Securities, until the Purchaser's receipt of the c...
Obligations of the Purchaser. 4.1 PURCHASER must sign the said Agreement of Sale(s) and/or all documents requested by IGrow Homeloans for the purpose of finalisation of the bond application(s), without any amendments/rectifications and present same to IGrowWealth Investments (Pty) Ltd/IGrow Homeloans to present to SELLER(s) within 7business days from the date of receipt of the Agreement of Sale(s), failing which the seller or his agent reserves the right, at his sole discretion to cancel the reservation(s) and may retain R5,000.00 (Five Thousand Rand) of the PURCHASER’S Reservation Deposit as a non-refundable administration fee as wasted costs for preparing and drafting documents which are part of a free service offered to the Purchaser if documents are submitted within 7 (seven) business days.
4.2 The Purchaser is aware that the balance of the Reservation Deposit is a refundable deposit, except if the Purchaser was in any way untruthful with his application for a mortgage bond OR if the agreement is cancelled by the Purchaser once the deal has been perfected that being once all suspensive conditions have been met OR if the Purchaser delay the registration process in any manner then the Seller or his duly appointed Agent reserves the right to then deem any part of the balance of the reservation deposit as an administration fee and retain same as wasted costs.
4.3 The reservation deposit(s) will be considered to be a part payment of the purchase price.
4.4 The reservation deposit(s) is/are refundable by the transferring attorney to the PURCHASER, should the PURCHASER not obtain the required financing due to circumstances outside of his control and the transaction is cancelled, as provided for inthe said Agreement of Sale(s).
4.5 If the PURCHASER has been granted a mortgage loan for 100% of the Purchase Price through a financial institution, the reservation deposit(s) will be refunded to the Purchaser on date of registration of the Property.
Obligations of the Purchaser. In connection with the registration of the Registrable Securities, the Purchaser shall have the following obligations:
(a) Furnish to the Company such information regarding itself, the Registrable Securities held by it, and the intended method of disposition of the Registrable Securities held by it, as shall be reasonably required to effect the registration of such Registrable Securities. The intended method or methods of disposition and/or sale (Plan of Distribution) of the Registrable Securities as so provided by the participating Purchaser shall be included without alteration in any Registration Statement covering the Registrable Securities and shall not be changed without written consent of the Purchaser. At least five (5) business days prior to the first anticipated filing date of any Registration Statement, the Company shall notify the Purchaser of the information the Company requires from the Purchaser if the Purchaser elects to have any of its Registrable Securities included in such Registration Statement; and
(b) The Purchaser agrees that, upon receipt of any notice from the Company of the happening of any Blackout Event of the kind described in Section 3(f) or 3(g) above, it will immediately discontinue disposition of its Registrable Securities pursuant to the Registration Statement covering such Registrable Securities until such copies of the supplemented or amended prospectus contemplated by Section 3(f) or 3(g) shall be furnished to the Purchaser.
Obligations of the Purchaser. 5.1. The Purchaser undertakes to perform its obligations in accordance with the Contract, including but not limited to the Scope of Work (PART 4: SPECIFICATIONS), subject to the satisfactory fulfilment of the obligations by the Supplier as set out in this Contract.
5.2. The Purchaser shall monitor and evaluate the Supplier’s performance in respect of the Scope of Work.
Obligations of the Purchaser. Parent will take all actions necessary to cause the Purchaser to perform its obligations under this Agreement and to consummate the Offer and the Merger on the terms and conditions set forth in this Agreement.
Obligations of the Purchaser. The Parent shall cause the Purchaser to perform its obligations under this Agreement and to consummate the Offer and the Merger on the terms and conditions set forth in this Agreement. The Parent hereby guarantees the payment by the Purchaser of any amounts payable by the Purchaser pursuant to the Offer or otherwise pursuant to this Agreement.
Obligations of the Purchaser. The Purchaser agrees to indemnify and hold harmless the Company from and against any and all Losses of the Company based upon or arising from, any inaccuracy in or breach or nonperformance of any of the representations, warranties or covenants made by the Purchaser in this Agreement.
Obligations of the Purchaser. Parent shall cause Purchaser and the Surviving Corporation to perform their respective obligations under this Agreement and to consummate the transactions contemplated hereby upon the terms and subject to the conditions set forth in this Agreement.
Obligations of the Purchaser. Upon Closing, the Purchaser shall deliver to the Seller the purchase consideration pursuant to the terms of Sections 2 and 3 of this Agreement.
Obligations of the Purchaser. (a) The Purchaser shall provide Radio Station with the script, recording or instructions concerning the content of commercial advertisements, in writing, at least Three (3) business days prior to the broadcast of said commercial messages. In case of failure to do so, Radio Station may, at its discretion, broadcast other Advertisements for the Purchaser to the best of the knowledge of its agents or employees (the “Substitute Ads”). The Purchaser releases Radio Station of any claim arising from the broadcast of the Substitute Ads. Should any additional work be required from Radio Station, due to these circumstances, the Purchaser shall be charged for such work in accordance with the rates established by Radio Station.
(b) Each advertisement must be in keeping with Advertising Standards Canada’s guidelines, failing which, Radio Station will not broadcast the advertisement and the Purchaser shall be liable for full payment thereof.
(c) The Purchaser shall ensure that the scripts, recordings or instructions submitted to Radio Station are in accordance with commercial and trade ethics, applicable codes and laws or by-laws in force at the time of broadcast and with the Advertising Standards Canada’s approval. The Purchaser guarantees that all scripts and recordings submitted to Radio Station shall be in accordance with the foregoing and undertakes to defend, indemnify and save harmless Radio Station, its parent, related and affiliated companies, its officers, directors, shareholders, agents, servants and employees, for any amount of damages, expenses, fines or claims of any nature which Radio Station could be legally or otherwise exposed to following the execution of its obligations under this Agreement.
(d) Notwithstanding the preceding and without prejudice to the guarantee hereinabove provided by the Purchaser, the latter acknowledges that said scripts or recording or commercial copy work shall be subject to the final approval of Radio Station. Radio Station shall have the right to modify, in whole or in part, at its sole discretion, said scripts or recordings or commercial copy work and the Purchaser releases Radio Station, its parent, related and affiliated companies, its officers, directors, shareholders, agents, servants and employees, of any claim arising from such changes.
(e) The Purchaser shall pay to Radio Station any tax imposed with respect to the services.