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Additional Obligations
Additional Obligations contract clause examples

Additional Obligations. In furtherance of the Receiving Party’s obligations under Section 11.1 hereof, the Receiving Party shall take all appropriate steps and shall implement all appropriate safeguards, to prevent the unauthorized use or disclosure of any of the Disclosing Party’s Confidential Information available to any Third Party, without the prior written authorization of the Disclosing Party. Without limiting the generality of this Section 11.2, the Receiving Party may disclose any of the Disclosing Party’s Confidential Information without the Disclosing Party’s prior written authorization only to those of the Receiving Party’s officers, employees, agents, consultants, licensees, potential licensees and financial investors that have need to know the Disclosing Party’s Confidential Information, in order for the Receiving Party to exercise its rights and perform its obligations under this Agreement, and only if such officers agents, consultants, licensees, potential licensees and financial investors have executed appropriate non‑disclosure agreements containing substantially similar terms regarding confidentiality, as those set out in this Agreement, or are otherwise bound by obligations of confidentiality effectively prohibiting the unauthorized use of the Disclosing Party’s Confidential Information. In particular, Bioeq shall be entitled to disclose a ​ redacted copy of this Agreement to ​ (such redacted copy to be approved in writing by Licensee prior to provision to ​) in order to obtain ​’s approval to this Agreement, as required under the ​ Agreement. The Receiving Party shall furnish the Disclosing Party with immediate written notice of any unauthorized use or disclosure of any of the Disclosing Party’s Confidential Information and shall take all actions that the Disclosing Party reasonably requests in order to prevent any further unauthorized use or disclosure of the Disclosing Party’s Confidential Information.

Additional Obligations. For each Plant License that [[Gevo:Organization]] negotiates pursuant to Section 2.1 and 2.2, [[Gevo:Organization]] will negotiate in good faith and will use commercially reasonable efforts to ensure that each such Plant License includes a requirement that the Plant Operator use Praj as the Services provider for Plants in the Authorized Plant; if, despite [[Gevo:Organization]]’s good faith efforts to negotiate the foregoing requirement, a Plant Operator chooses not to have Praj provide the Services, the Parties will promptly discuss. Praj will (and will also ensure under each Services Agreement that the Plant Operator will) not, to the extent the following prohibitions are permitted by applicable law: # initiate or participate in any Patent Challenge; or # reverse engineer or otherwise analyze any Biocatalyst or Metal Catalyst provided by [[Gevo:Organization]] or Biocatalysts or Metal Catalysts respectively derived therefrom or otherwise based on any of [[Gevo:Organization]]’s Confidential Information, or otherwise covered by any of the Patents. Praj will comply with the terms of the Butamax Agreement provided or intimated to it in writing, by [[Gevo:Organization]], from time to time, including as set forth in the terms of this Agreement.

Additional Obligations. I acknowledge that Company may, from time to time, enter into or renew agreements with other persons, including federal, state, and local governments or agencies thereof, related to the Relationship that impose certain obligations or restrictions on the Company regarding Confidential Information or other information identified in those agreements. I agree to be bound by all such obligations and restrictions and to take all action necessary to honor the obligations of the Company thereunder, including signing such confidentiality, non-disclosure, and other agreements as may be required by other persons or third parties as a condition to The Company obtaining or using Confidential Information or other information identified in those agreements. I further acknowledge that in connection with discussions or the Relationship, I may come into possession or knowledge of the Confidential Information of another person in the absence of any agreement with that person regarding such information, and I agree that in such event I will protect and maintain the confidentiality of such Confidential Information to the same extent as I am obligated to protect and maintain the confidentiality of Confidential Information under this Agreement and subject to the same restrictions on disclosure and use of Confidential Information set forth in this Agreement.

​​​​​​​ Additional Obligations. The Company will use commercially reasonable efforts to # register and qualify the Purchased Shares covered by a Registration Statement under such other securities or blue sky laws of such jurisdictions as each Investor who holds Purchased Shares being offered reasonably requests, # prepare and file in those jurisdictions any amendments (including post effective amendments) and supplements to such registrations and qualifications as may be necessary to maintain their effectiveness during the Registration Period, # take any other actions necessary to maintain such registrations and qualifications in effect at all times during the Registration Period, and # take any other actions reasonably necessary or advisable to qualify the Purchased Shares for sale in such jurisdictions. Notwithstanding the foregoing, the Company is not required, in connection with such obligations, to # register, license or qualify to do business in any jurisdiction, # subject itself to general taxation in any such jurisdiction, # file a general consent to service of process in any such jurisdiction, # provide any undertakings that cause material expense or burden to the Company or holders of greater than 5% of its outstanding securities, or # make any change in its charter or bylaws, which in each case the board of directors of the Company, in its sole discretion, determines to be contrary to the best interests of the Company and its shareholders.

Additional Insurance Obligations. Tenant shall carry and maintain during the entire Lease Term, at Tenant's sole cost and expense, increased amounts of the insurance required to be carried by Tenant pursuant to this Article 10 and such other reasonable types of insurance coverage and in such reasonable amounts covering the Premises and Tenant's operations therein, as may be reasonably requested by Landlord, but in no event in excess of the amounts and types of insurance then being required by landlords of buildings comparable to and in the vicinity of the Building.

Additional Insurance Obligations. Tenant shall carry and maintain during the entire Lease Term, at Tenant's sole cost and expense, increased amounts of the insurance required to be carried by Tenant pursuant to this Article 10 and such other reasonable types of insurance coverage and in such reasonable amounts covering the Premises and Tenant's operations therein, as may be reasonably requested by Landlord or Landlord's lender, but in no event in excess of the amounts and types of insurance then being required by landlords of buildings comparable to and in the vicinity of the Building; provided that Tenant shall not be required to obtain an increased amount or new type of insurance more than once during the initial Lease Term or more than once during the Option Term (if applicable).

Additional Insurance Obligations. Tenant shall carry and maintain during the entire Lease Term, at Tenant’s sole cost and expense, amounts of the insurance required to be carried by Tenant pursuant to this [Article 10], and such other reasonable types of insurance coverage and in such reasonable amounts covering the Premises and Tenant’s operations therein, as may be reasonably requested by Landlord, consistent with industry standards.

Additional Insurance Obligations. Landlord reserves the right to require such other insurance, written in such other amounts, terms, and conditions, against other insurable hazards that at the time are commonly insured against in the case of projects similar in nature, construction type, and geographic location to the Project and/or as otherwise required by any lender or mortgagee of Landlord. Tenant shall carry and maintain during the entire Lease Term, at Tenant’s sole cost and expense, increased amounts of insurance to the extent required.

Additional Insurance Obligations. Tenant shall carry and maintain during the entire Lease Term, at Tenant's sole cost and expense, increased amounts of the insurance required to be carried by Tenant pursuant to this Article 10 and such other reasonable types of insurance coverage and in such reasonable amounts covering the Premises and Tenant's operations therein, as may be reasonably requested by Landlord or Landlord's lender, but in no event in excess of the amounts and types of insurance then being required by landlords of buildings comparable to and in the vicinity of the Building.

Additional Insurance Obligations. Tenant shall carry and maintain during the entire Lease Term, at Tenant's sole cost and expense, increased amounts of the insurance required to be carried by Tenant pursuant to this Article 10 and such other reasonable types of insurance coverage and in such reasonable amounts covering the Premises and Tenant's operations therein, as may be reasonably requested by Landlord or Landlord's lender, but in no event in excess of the amounts and types of insurance then being required by landlords of buildings comparable to and in the vicinity of the Building.

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