Statement of Obligations Clause Samples
Statement of Obligations a) A Special Majority of the Participants may give the Authority a Statement of Obligations.
b) A Special Majority of the Participants may review the Statement of Obligations every five years after it has been given to the Authority and notify the Authority by 30 May in the Review Year of any changes the Participants wish to make to the Statement of Obligations resulting from the review.
c) A document amended in accordance with sub-clause 8.1(b) will be the Statement of Obligations for the purposes of this agreement.
Statement of Obligations. Any written agreement or other statement in writing by or between a Guarantee Beneficiary or the Guarantee Beneficiaries, as the case may be, and any Obligor (other than the Guarantor in question) from time to time of the indebtedness, obligations or liability of such Obligor to it or them, as the case may be, shall be binding upon each Guarantor and shall be prima facie evidence of the amount of the indebtedness, obligations or liability. All right to question in any way the present or future method of the Guarantee Beneficiaries of dealing with any Obligor or with any Persons now or hereafter liable to the Guarantee Beneficiaries for the Guaranteed Obligations or any part thereof, is hereby waived. Each Guarantor renounces all benefits of discussion and division.
Statement of Obligations. The statement in writing of the Guarantee Beneficiaries from time to time of the indebtedness, obligations or liability of the Borrower or any other Material Subsidiary to them shall be binding upon the Guarantor and shall be prima facie evidence of the amount of the indebtedness, obligations or liability. All right to question in any way their present or future method of dealing with the Borrower or any other Material Subsidiary, or with any persons now or hereafter liable to the Guarantee Beneficiaries for the Guaranteed Obligations or any part thereof, is hereby waived. The Guarantor renounces all benefits of discussion and division.
Statement of Obligations. After request by Mortgagee, Mortgagor, within ten (10) days and at its expense, will furnish Mortgagee with a statement, duly acknowledged and certified, setting forth the amount of the Obligations and the offsets or defenses thereto, if any.
Statement of Obligations. The statement in writing of the Guarantee Beneficiaries from time to time of the indebtedness, obligations or liability of the Borrower or other Borrower Group Obligor to them shall be prima facie evidence of the amount of the indebtedness, obligations or liability. All right to question in any way the present or future method of the Guarantee Beneficiaries of dealing with the Borrower, any other Borrower Group Obligor or with any Persons now or hereafter liable to the Guarantee Beneficiaries for the Guaranteed Obligations or any part thereof, is hereby waived to the extent permitted by Applicable Law. The Guarantor renounces all benefits of discussion and division.
Statement of Obligations. The OIPC will provide the contractor with electronic access to the requisite documents, files, and templates to assist the contractor in performing the services described in Schedule “A”.
Statement of Obligations. Subject to Section 9.15, the statement in writing of the Guarantee Beneficiaries from time to time of the indebtedness, obligations or liability of the Obligors to them shall be prima facie evidence of the amount of the indebtedness, obligations or liability forming the Guaranteed Obligations. The Guarantor's right to question in any way the Guarantee Beneficiaries' present or future method of dealing with the Obligors, or with any Persons (other than the Guarantor) now or hereafter liable to the Guarantee Beneficiaries for the Guaranteed Obligations or any part thereof, is hereby waived. The Guarantor renounces all benefits of discussion and division.
Statement of Obligations. After request by Mortgagee, Borrower, within ten (10) days and at its expense, will furnish Mortgagee with a statement, duly acknowledged and certified, setting forth the amount of the Obligations and the offsets or defenses thereto, if any.
Statement of Obligations. The Mortgagor, within seven (7) days after being so requested by the Lender, shall furnish a duly acknowledged written statement setting forth the amount of the debt secured by this Mortgage, and the date to which interest has been paid and stating either that no offsets or defenses exist against such debt or, if such offsets or defenses are alleged to exist, the nature thereof.
Statement of Obligations. Any account settled between the Administrative Agent and the Borrower as to the amount of the Guaranteed Obligations shall be conclusive evidence thereof. All right to question in any way the Guarantee Beneficiaries' present or future method of dealing with the Borrower, or with any persons now or hereafter liable to the Guarantee Beneficiaries for the Guaranteed Obligations or any part thereof, or with any security held by the Guarantee Beneficiaries, or with any property covered thereby, is hereby waived. The Guarantor waives any right it may otherwise have to be kept appraised, advised or informed by the Guarantee Beneficiaries (or any of them) of the activities, or of the position (financial or otherwise), of the Borrower. The Guarantor hereby renounces all benefits of discussion and division.