Purchaser Obligations are several Clause Samples

Purchaser Obligations are several. The liability and obligation of each Purchaser under this Agreement is several, not joint, and neither Purchaser shall have any liability or obligation arising out of a breach by another Purchaser of its obligations, representations, warranties or covenants in this Agreement. In Witness Whereof each Party has executed this Agreement, or caused this Agreement to be executed by its duly authorised representatives. Company name : Hess International Petroleum, Inc. Date of incorporation and place of incorporation : 8 September 1994, Cayman Islands Registration number : 55991 Registered office address : Sterling Trust (Cayman) Limited, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇, Grand Cayman, KY1-1102, Cayman Islands Type of company : Exempted company with limited liability Authorised share capital : USD 50,000 consisting of 50,000 ordinary shares with a nominal value of USD 1 each Shareholding of the Seller : 100% Shareholder – number of issued shares : Seller - 35,001 ordinary shares with a nominal value of USD 1 each (subject to Clause 5.6) Directors : ▇▇▇▇▇▇▇ ▇ ▇▇▇▇, ▇▇▇▇ ▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇ ▇▇▇▇ and ▇▇▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇ (4) Company name : Hess Equatorial Guinea, Inc. Date of incorporation and place of incorporation : 30 September 1996, Cayman Islands Registration number : 68666 Registered office address : Sterling Trust (Cayman) Limited, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, PO Box 1043, ▇▇▇▇▇▇ Town, Grand Cayman, KY1- 1102, Cayman Islands Type of company : Exempted company with limited liability Authorised share capital : USD 5,000,000.00 divided into 500,000 ordinary shares with a nominal value of USD 10 each Shareholding of the Company : 100% Shareholder – number of issued shares : Company - 100,001 ordinary shares with a nominal value of USD 10 each Directors : ▇▇▇▇▇▇▇ ▇ ▇▇▇▇, ▇▇▇▇ ▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇ ▇▇▇▇ and ▇▇▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇ (4) At Completion, the Seller shall: 1. execute and deliver to the Purchasers counterparts of the Transaction Documents to be executed by the Seller at Completion and procure the execution and delivery of those Transaction Documents (if any) to which a member of the Retained Group or a related person or the Company is a party; and 2. deliver to the Purchasers: 2.1 a copy of the Initial Statement of Accounts;
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Related to Purchaser Obligations are several

  • Purchaser Obligations EXPIRATION. Upon expiration of this Participating Addendum, Purchaser shall accept and take delivery of all outstanding and not yet fulfilled Purchase Orders and pay Contractor the price as set out in the Master Agreement. Notwithstanding any provision to the contrary, in no event shall a Purchaser’s Purchase Order pursuant to this Participating Addendum that is executed prior to expiration of this Participating Addendum allow for Contractor to provide Goods and/or Services more than twelve (12) months beyond the expiration date of the Master Agreement.

  • Buyer Obligations During the Delivery Term, Buyer shall arrange and be responsible for transmission service, including risk of transmission outage or curtailment, from the Delivery Point and bear all risks and costs associated with such transmission service, including, but not limited to, any transmission outages or curtailment. During the Delivery Term, Buyer shall Schedule or arrange for Scheduling Coordinator services with its Transmission Providers to receive the Product at the Delivery Point. During the Delivery Term, Buyer shall be responsible for all CAISO costs and charges, electric transmission losses and congestion from the Delivery Point.

  • Seller Obligations Seller shall (A) arrange and pay independently for any and all necessary costs under any Generator Interconnection Agreement with the Participating Transmission Owner; (B) cause the Interconnection Customer’s Interconnection Facilities, including metering facilities, to be maintained; and (C) comply with the procedures set forth in the GIP and applicable agreements or procedures provided under the GIP in order to obtain the applicable Electric System Upgrades and (D) obtain Electric System Upgrades, as needed, in order to ensure the safe and reliable delivery of Energy from the Project up to and including quantities that can be produced utilizing all of the Contract Capacity of the Project.

  • Issuer Obligation No recourse may be taken, directly or indirectly, with respect to the obligations of the Issuer, the Owner Trustee or the Indenture Trustee on the Notes or under this Indenture or any certificate or other writing delivered in connection herewith or therewith, against (i) the Indenture Trustee or the Owner Trustee in its individual capacity, (ii) any owner of a beneficial interest in the Issuer or (iii) any partner, owner, beneficiary, agent, officer, director, employee or agent of the Indenture Trustee or the Owner Trustee in its individual capacity, any holder of a beneficial interest in the Issuer, the Owner Trustee or the Indenture Trustee or of any successor or assign of the Indenture Trustee or the Owner Trustee in its individual capacity, except as any such Person may have expressly agreed (it being understood that the Indenture Trustee and the Owner Trustee have no such obligations in their individual capacity) and except that any such partner, owner or beneficiary shall be fully liable, to the extent provided by applicable law, for any unpaid consideration for stock, unpaid capital contribution or failure to pay any installment or call owing to such entity. For all purposes of this Indenture, in the performance of any duties or obligations of the Issuer hereunder, the Owner Trustee shall be subject to, and entitled to the benefits of, the terms and provisions of Article VI, VII and VIII of the Trust Agreement.

  • Subscriber Obligations The Subscriber must: (a) notify ▇▇▇▇ in writing as soon as reasonably practicable after it becomes aware of any claim under clause 13.1 of this Participation Agreement; (b) on leave being granted by a court, give ▇▇▇▇ the option to conduct the defence of such a claim, including negotiations for settlement or compromise prior to the institution of legal proceedings, provided that the Subscriber may direct ▇▇▇▇ in the conduct of the defence or settlement of any claim to the extent reasonably necessary: (i) to the extent reasonable, to protect the reputation of the Subscriber; and/or (ii) to ensure the Subscriber continuity of the use of the Services in accordance with the Participation Agreement; and/or (iii) to determine the amount of any settlement sum to be granted; (c) provide ▇▇▇▇ with reasonable assistance in conducting the defence of such a claim, subject to the Subscriber being reimbursed by ▇▇▇▇ for the costs of providing such assistance; (d) permit ▇▇▇▇ to modify, alter or substitute the infringing part of the Services, at its own expense, to render the Services non-infringing; and (e) authorise ▇▇▇▇ to negotiate and procure on behalf of the Subscriber a licence or other authority to enable the Subscriber to continue the use of the Services.