Commencing on the Effective Date Sample Clauses

Commencing on the Effective Date the Companies will pay Employee a minimum base annual salary during the term of this Agreement for his services as an officer of $121,000.00, which shall be payable in accordance with the Companies' standard payroll practice, but not less than monthly. Such base salary shall not include any benefits made available to Employee or any contributions or payments made on his behalf pursuant to any employee benefit plan or program of the Companies, including any health, disability or life insurance plan or program, 401-K plan, cash bonus plan, stock incentive plan, retirement plan or similar plan or program of any nature. The Companies shall review Employee's salary on a semi-annual basis, and shall increase the annual salary of Employee from time to time as may be warranted in accordance with the Companies' compensation policies. ANS shall have no separate salary obligation to Employee.
Sample 1
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Commencing on the Effective Date the Company shall pay a basic salary to Employee at the rate of Ninety-Six Thousand Dollars ($96,000) per year, payable in equal monthly installments (the “Basic Salary”) in accordance with the Company’s standard payroll practices. The Employee agrees that such salary shall not be increased during the term of this Agreement.
Sample 1
Commencing on the Effective Date. Tenant shall have a thirty (30) day period (the “Inspection Period”) to inspect and investigate the mutually agreeable relocation premises and perform soil, groundwater, and other tests thereon, if applicable, and review and evaluate title, surveys, and other matters related to the use and occupancy of the proposed relocation premises. Landlord shall provide Tenant with true, correct, and complete copies of all studies, tests, reports, plans, drawings, surveys, agreements, and documents requested by Tenant, to the extent available to Landlord, with respect to the relocation premises. Tenant may, at its option without penalty, terminate all sections of this Lease with respect to the Riverside City College Premises only, for any reason, by sending written notice of termination to Landlord on or before 5:00 p.m. on the last day of the Inspection Period, in which event the parties have no further rights or liabilities hereunder with respect to the Riverside City College Premises (all sections of this Lease will still remain in effect for the other two locations). Commencing on the Effective Date, Tenant shall have a one hundred twenty (120) day period (the “Permit Period”) to obtain, at Tenant’s sole expense, all signage, construction, utility, and operating permits, approvals, and consents required from the applicable governmental authorities (collectively, “Permits) to install the ATM facility in the relocation premises. Landlord shall cooperate with Tenant in obtaining such Permits. If Tenant is unable to obtain the Permits necessary to install the ATM facility in the relocation premises at Riverside City College by the expiration of the Permit Period, then Tenant may, at its option without penalty, terminate all sections of this Lease with respect to the Riverside City College Premises only by sending written notice of termination to Landlord on or before the expiration of the Permit Period, in which event the parties have no further rights or liabilities hereunder with respect to the Riverside City College Premises (all sections of this Lease will still remain in effect for the other two locations).
Sample 1

Related to Commencing on the Effective Date

  • The Effective Date The Merger shall become effective on the date and at the time (the “Effective Date”) that:

  • Restatement Effective Date The obligations of the Lenders to make Loans and of the Issuing Bank to issue Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.02):

  • Revocation/Effective Date This Agreement shall not become effective or enforceable until the eighth day after Employee signs this Agreement. In other words, Employee may revoke Employee’s acceptance of this Agreement within seven (7) days after the date Employee signs it. Employee’s revocation must be in writing and received by ______________, the Company’s ______________ Officer, 0000 Xxxxxx Xxxx, Xxxxx 000, Xxx Xxxxx, XX 00000 by 5:00 p.m. Central Time on the seventh day in order to be effective. If Employee does not revoke acceptance within the seven (7) day period, Employee’s acceptance of this Agreement shall become binding and enforceable on the eighth day (“Effective Date”). The Severance Package shall become due and payable in accordance with Section 2 above after the Effective Date.

  • Restatement Date This amendment and restatement of the Existing Credit Agreement, and the obligations of the Lenders to make Loans hereunder and of the Issuing Banks to issue Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.02):

  • Agreement Effective Date This Agreement shall become effective and binding upon each Party immediately following the occurrence of the following conditions (the “Agreement Effective Date”):

  • Amendment Effective Date This Amendment shall become effective as of the first date (the “Amendment Effective Date”) on which each of the following conditions shall have been satisfied:

  • Notice; Effective Date of Termination (a) Termination of Executive’s employment pursuant to this Agreement shall be effective on the earliest of:

  • Effective Date The obligations of the Lenders to make Loans and of the Issuing Bank to issue Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.02):

  • Extension of the Termination Date (a) During the period from July 1, 2022 until the date that is 30 days prior to the then-applicable Termination Date, the Borrower may request by written notice (an “Extension Request”) made to the Administrative Agent (which shall promptly notify the Lenders thereof) one-year extensions of the Termination Date applicable to each Lender. Each Lender shall notify the Administrative Agent by the date that is 30 days after the Administrative Agent provides the Lenders with written notice of the Borrower’s extension request that either (A) such Lender declines to consent to extending the Termination Date or (B) such Lender consents to extending the Termination Date. Any Lender not responding within the above time period shall be deemed to have declined to extend the Termination Date. The consent of a Lender to any such extension shall be in the sole discretion of such Lender. The Administrative Agent shall, after receiving the notifications from all of the Lenders or the expiration of such period, whichever is earlier, notify the Borrower and the Lenders of the results thereof. For the avoidance of doubt and subject to the terms and conditions set forth herein, the Borrower may request an unlimited number of extensions pursuant to this Section.

  • December (iv) When New Years Day or Australia Day is a Saturday or Sunday, a holiday in lieu thereof shall be observed on the next Monday.

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