Port Obligations Sample Clauses

Port Obligations. At or before Closing, the Port shall deliver to Escrow Agent, for delivery to the County, the following:
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Port Obligations. ‌ The Port will maintain and operate the Airport and all Common Use and Public Areas, facilities and services, in a neat, orderly, sanitary and presentable condition, as provided on the Maintenance Matrix, attached hereto as Exhibit D, and will develop and operate the Airport in a prudent manner, consistent with standards, rules, and regulations established by the FAA, TSA, or other federal agencies with jurisdiction over the Airport.
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Port Obligations. The Port shall: A. Be responsible for a maximum total of $10,707.50 in project construction costs. B. Provide review services and approval, as necessary, during the course of the project consistent with the level of effort utilized on other capital and development projects within the City, or as may be required to ensure the required quality of the completed work.
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Port Obligations. At or before Closing, the Port shall deliver to Escrow Agent, for delivery to PSE, the following documents, all of which shall be duly executed and witnessed and/or notarized as necessary:
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Port Obligations. Port shall pay $6,000 annually at the end of each fiscal year to City. This amount represents Port’s contribution to the Bay Front Area Economic Improvement District.
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Port Obligations. The Port shall: a. Provide a representative that will be the point of contact for all interests and speak on behalf of the Port. b. Purchase and provide construction materials, namely rock, to the City for grading the access roadway. c. Allow the City access to Railroad Corridor Industrial Park. d. Be responsible for all Port hired contractors and Port tenants utilizing the Industrial Properties for access and shall require and maintain agreements with these parties, including policies of insurance.
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Port Obligations. ‌ The Port will develop and operate the Airport in a prudent manner, consistent with standards, rules, and regulations established by the FAA, TSA, or other federal agencies with jurisdiction over the Airport.
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Related to Port Obligations

  • Support Obligations From and after the Closing, except as set forth in this Agreement or any other Transaction Document, Buyer will use commercially reasonable efforts to promptly (i) cause Seller, Seller’s Affiliates and all sureties to be unconditionally released in full from any liability or obligation in respect of any surety or performance bond or similar ancillary obligation or amount issued for the account of Seller or any of Seller’s Affiliates or in connection with any liability or obligation of Seller or any of Seller’s Affiliates and that is listed on Section 6.3 of the Disclosure Schedule (“Insured Bonds”), without further recourse to any such Person and (ii) replace each Insured Bond with one or more surety or performance bonds or letters of credit or other forms of security, in amounts and on terms satisfactory to the applicable Governmental Authority or other beneficiary to guarantee the reimbursement of such Governmental Authority or other beneficiary of any amounts paid by it under or in respect of the applicable Insured Bond following the Closing, which bond(s) will remain in full force and effect the underlying liability or obligation has been unconditionally released or extinguished in full. If any Insured Bond is not unconditionally released or extinguished in full at or prior to the date that is ninety (90) days after the Closing Date in accordance with the foregoing sentence, Buyer shall provide such financial assurances to Seller or the providers of such Insured Bond, as may be reasonably requested by Seller or such bond or other financial guarantee provider; provided, that following the Closing, Seller and Seller’s Affiliates will have no obligation to pay any renewal fee or premium in respect of any Insured Bond. Buyer will indemnify and hold harmless any Seller Indemnified Party from and against any Losses suffered or incurred by them in connection with any of the foregoing Insured Bonds from and after the Closing, including any expenses or fees incurred in connection with any such Insured Bond being called or terminated.

  • Credit Support Obligations (i) Delivery Amount, Return Amount and Credit Support Amount.

  • Child Support Obligation Under Section 231.006(d) of the Texas Family Code regarding child support, Contractor certifies that the individual or business entity named in this Contract and any related Solicitation Response is not ineligible to receive the specified payment and acknowledges that the Contract may be terminated and payment may be withheld if this certification is inaccurate. If the certification is shown to be false, Contractor may be liable for additional costs and damages set out in 231.006(f).

  • PROCUREMENT OBLIGATIONS Notwithstanding any other provisions of this Part B, where in this Part B the Customer accepts an obligation to procure that a Former Supplier does or does not do something, such obligation shall be limited so that it extends only to the extent that the Customer's contract with the Former Supplier contains a contractual right in that regard which the Customer may enforce, or otherwise so that it requires only that the Customer must use reasonable endeavours to procure that the Former Supplier does or does not act accordingly.

  • Guaranty Obligations Unless otherwise specified, the amount of any Guaranty Obligation shall be the lesser of the principal amount of the obligations guaranteed and still outstanding and the maximum amount for which the guaranteeing Person may be liable pursuant to the terms of the instrument embodying such Guaranty Obligation.