Adequate Justification Sample Clauses

Adequate Justification. The occurrence after a Change in Control of any of the following events or conditions: (i) a material failure of the Employer to comply with the terms of this Agreement; (ii) any relocation of the Executive outside the Territory, as amended from time to time, that is not approved by the Board of Directors; or (iii) other than as provided for herein, any substantial diminution in the Executive's authority or the Executive's responsibilities that is not approved by the Board of Directors.
Sample 1Sample 2Sample 3See All (5)
AutoNDA by SimpleDocs
Adequate Justification. The occurrence of any of the following events or conditions: (i) a material failure of the Employer to comply with the terms of this Agreement, (ii) any relocation of the Executive outside the Territory, as amended from time to time, that is not approved by members of the Board of Directors who were part of the Organizing Group, (iii) after a Change in Control, or (iv) other than as provided for herein, any substantial diminution in the Executive's authority or the Executive's responsibilities that is not approved by members of the Board of Directors who were part of the Organizing Group.
Sample 1Sample 2
Adequate Justification. 3. Notwithstanding any language to the contrary contained in this Agreement, it shall be permissible for Covenantor to own stock or securities of any company which may be deemed competitive with the Company providing such shares or securities held by Covenantor are issued by a company listed on a national securities exchange or the NASDAQ National Market System and Covenantor owns less than a one percent (1%) interest thereof.
Sample 1Sample 2
Adequate Justification. The final determination for the Company of whether the Employee terminated his employment with or without Adequate Justification shall rest with the Board of Directors of Premiere, which shall act by a majority of the directors, with the Employee abstaining from the consideration of and vote on the matter if he is a director.
Sample 1
Adequate Justification b. Verification by a physician.
Sample 1
Adequate Justification. 1 Section 2. Employment............................................................................................4 Section 3. Titles................................................................................................4
Sample 1

Related to Adequate Justification

  • Adequate Assurance Landlord and Tenant acknowledge that, pursuant to the Code, Landlord is entitled to adequate assurances of future performance of the provisions of this Lease. The parties agree that the term “adequate assurance” shall include at least the following:

  • Intent of the Parties; Reasonableness The Seller, Servicer, Sponsor and Issuer acknowledge and agree that the purpose of Article Three of this Agreement is to facilitate compliance by the Issuer and the Depositor with the provisions of Regulation AB and related rules and regulations of the Commission. None of the Sponsor, the Administrator nor the Issuer shall exercise its right to request delivery of information or other performance under these provisions other than in good faith, or for purposes other than compliance with the Securities Act, the Exchange Act and the rules and regulations of the Commission thereunder (or the provision in a private offering of disclosure comparable to that required under the Securities Act). The Servicer acknowledges that interpretations of the requirements of Regulation AB may change over time, whether due to interpretive guidance provided by the Commission or its staff, consensus among participants in the asset-backed securities markets, advice of counsel, or otherwise, and agrees to comply with requests made by the Issuer or the Administrator in good faith for delivery of information under these provisions on the basis of evolving interpretations of Regulation AB. In connection with this transaction, the Servicer shall cooperate fully with the Administrator and the Issuer to deliver to the Administrator or Issuer, as applicable (including any of its assignees or designees), any and all statements, reports, certifications, records and any other information necessary in the good faith determination of the Issuer or the Administrator to permit the Issuer or Administrator (acting on behalf of the Issuer) to comply with the provisions of Regulation AB, together with such disclosures relating to the Servicer, any Subservicer and the Receivables, or the servicing of the Receivables, reasonably believed by the Issuer or the Administrator to be necessary in order to effect such compliance. The Issuer shall, and shall cause the Administrator (including any of its assignees or designees) to cooperate with the Servicer by providing timely notice of requests for information under these provisions and by reasonably limiting such requests to information required, in the reasonable judgment or the Issuer or the Administrator, as applicable, to comply with Regulation AB.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!