OBLIGATIONS OF THE SELECTED BIDDER Sample Clauses

OBLIGATIONS OF THE SELECTED BIDDER. The Selected Bidder agrees that the Shares Seller shall not be liable in any manner, nor shall it assume any responsibility or liability whatsoever, in respect of the business of the Company and its operations or activities, arising after Closing Date, to any Person or any authority, central, state, local or municipal or otherwise and the same shall be the sole responsibility of the Selected Bidder.
OBLIGATIONS OF THE SELECTED BIDDER. The Selected Bidder shall in accordance with and subject to the provisions of this Agreement, undertake or manage, inter alia, the following areas of the Concessionaire’s activities such that the experience and expertise becomes available to the Concessionaire on an on-going basis: (a) arranging the financing for the project, including mobilisation of debt and Equity; (b) facilitate procurement of Applicable Approvals for commencing and implementing the Project; (c) facilitate award of project Agreements in respect of engineering, procurement, construction and operation and maintenance of the Project; (d) ensure timely implementation of the project in accordance with the provisions of this Agreement, as per the standard specifications, the Applicable Laws, the terms of the Applicable Approvals and Good Industry Practice; (e) compliance with and implementation of the environment management plan; (f) compliance with the provisions of this Agreement relating to liability and indemnification; and (g) facilitate implementation of measures for safety, security and protection of the works, property, life and materials at the project site and the environment.
OBLIGATIONS OF THE SELECTED BIDDER. 3.8.1 Selected Bidder shall ensure that it subscribes to 100% (one hundred percent) of the equity share capital of the SPV and continue to hold such shares for a period up to two years after Work Completion. In the event Selected Bidder was a consortium then the shareholding pattern indicated in the Consortium Agreement, shall be complied with; 3.8.2 Selected Bidder shall continue to hold not less than 51% (fifty-one percent) for the entire term of the AMISP Contract; 3.8.3 Selected Bidder shall ensure no change in shareholding up to 2 (two) years after Work Completion as per the AMISP Contract; 3.8.4 In the event, Selected Bidder is a Consortium, the Lead Consortium Member shall hold at least 51% (fifty-one per cent) of the equity of the AMISP at all times until the two years from Work Completion as per this Contract and 26% (twenty-six) for the remaining term of this Contract. 3.8.5 In the event the Selected Bidder is a Consortium, the Lead Member shall be liable to ensure that the Solution is provided to the Utility in accordance with the terms and conditions of this Contract in terms of the Project Implementation Schedule notwithstanding the failure and/ or non- performance by any other member of the consortium.
OBLIGATIONS OF THE SELECTED BIDDER. The Selected Bidder shall in accordance with and subject to the provisions of this Agreement, undertake or manage, inter alia, the following areas of the Concessionaire’s activities such that the experience and expertise becomes available to the Concessionaire on an on-going basis:

Related to OBLIGATIONS OF THE SELECTED BIDDER

  • 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 2025-A Exchange Note or any 2025-A Lease or 2025-A Vehicle allocated to the 2025-A Reference Pool.

  • OBLIGATIONS OF THE SUPPLIER In addition to the Article 4.2 of the GPC, it is specified that:

  • OBLIGATIONS OF THE BUYER a. The Buyer has furnished to the Company in Exhibit B hereto such information regarding itself, the Registrable Securities held by it and the intended method of disposition of the Registrable Securities held by it as required to effect the registration of such Registrable Securities and shall execute such documents in connection with such registration as the Company may reasonably request. The Company shall notify the Buyer in writing of any other information the Company reasonably requires from the Buyer in connection with any Registration Statement hereunder. The Buyer will as promptly as practicable notify the Company of any material change in the information set forth in Exhibit B, other than changes in its ownership of the Common Stock. b. The Buyer agrees to cooperate with the Company as reasonably requested by the Company in connection with the preparation and filing of any amendments and supplements to any Registration Statement hereunder. c. The Buyer agrees that, upon receipt of any notice from the Company of the happening of any event or existence of facts of the kind described in Section 3(f) or any notice of the kind described in the first sentence of Section 3(e), the Buyer will immediately discontinue disposition of Registrable Securities pursuant to any registration statement(s) covering such Registrable Securities until the Buyer’s receipt (which may be accomplished through electronic delivery) of the copies of the filed supplemented or amended registration statement and/or prospectus contemplated by Section 3(f) or the first sentence of Section 3(e). In addition, upon receipt of any notice from the Company of the kind described in the first sentence of Section 3(e), the Buyer will immediately discontinue purchases or sales of any securities of the Company unless such purchases or sales are in compliance with applicable U.S. securities laws. Notwithstanding anything to the contrary, the Company shall cause its Transfer Agent to deliver as promptly as practicable shares of Common Stock without any restrictive legend in accordance with the terms of the Purchase Agreement in connection with any sale of Registrable Securities with respect to which the Buyer has received a Purchase Notice or VWAP Purchase Notice (both as defined in the Purchase Agreement) prior to the Buyer’s receipt of a notice from the Company of the happening of any event of the kind described in Section 3(f) or the first sentence of Section 3(e) and for which the Buyer has not yet settled.