Applicability of Provisions from the Agreement Sample Clauses

Applicability of Provisions from the Agreement. The parties agree that Sections 12 (Arbitration), 16 (Entire Agreement), 17 (Modification and Waiver), 18 (Severability), 20 (Counterparts) and 23 (Successors and Assigns) of the Agreement apply to this Release.
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Applicability of Provisions from the Agreement. The parties agree that Sections 4 (Governing Law and Interpretation), 5 (Amendment), 8 (Voluntary Acceptance), 9 (Binding Effect), 10 (Entire Agreement), 11 (Severability), 12 (Construction), 13 (Counterparts), 14 (No Assignment of Claims), and 15 (Nonwaiver) of the Agreement apply to this Release.
Applicability of Provisions from the Agreement. The Parties agree that Sections 6 (Governing Law and Interpretation), 7 (Amendment), 10 (Voluntary Acceptance), 11 (Binding Effect), 12 (Entire Agreement), 13 (Severability), 14 (Construction), 15 (Counterparts), 16 (No Assignment of Claims), and 17 (Nonwaiver) of the Agreement apply to this Release. EXECUTIVE HAS READ THE FOREGOING RELEASE. EXECUTIVE FULLY UNDERSTANDS THE TERMS OF THIS RELEASE AND THAT EXECUTIVE MAY BE WAIVING SIGNIFICANT LEGAL RIGHTS BY EXECUTING IT, AND EXECUTIVE HAS VOLUNTARILY EXECUTED THIS RELEASE ON THE DATE WRITTEN BELOW, SIGNIFYING THEREBY EXECUTIVE’S ASSENT TO, AND WILLINGNESS TO BE BOUND BY, ITS TERMS: Date: EXECUTIVE Cash Severance 18 months of Executive’s current base salary and 1.5 times Executive’s annual cash award pursuant to the AIP for FY 2022 at target level ($2,305,000) The first payroll after the expiration of the seven-day revocation period for the Second Release FY 2022 Bonus Full FY 2022 annual cash award pursuant to the AIP at target level ($854,000) The first payroll after the expiration of the seven-day revocation period for the Second Release Equity Award (Stock Options) In lieu of prorated accelerated vesting (though the Separation Date) of 10/12th of the 25% tranche of the stock options granted on April 1, 2019, an amount in cash equal to the closing price of Verisk Stock on January 13, 2023 (the next trading day preceding the Separation Date), minus the option exercise price per Verisk Share of $134.24, multiplied by 4,992 Verisk Shares The first payroll after the expiration of the seven-day revocation period for the Second Release (1) In lieu of prorated accelerated vesting (though the Separation Date) of 10/12th of the 25% tranche of the restricted shares granted on April 1, 2019, an amount in cash equal to the closing price of Verisk Stock on January 13, 2023 (the next trading day preceding the Separation Date), multiplied by 893 Verisk Shares (2) Full accelerated vesting of 16,726 restricted shares granted on March 1, 2022 (1) The first payroll after the expiration of the seven-day revocation period for the Second Release (2) Such restricted shares will vest on the Separation Date (1) In lieu of prorated accelerated vesting at the target level (though the Separation Date) of the Relative TSR PSUs granted on January 15, 2021, an amount in cash equal to the closing price of Verisk Stock on January 13, 2023 (the next trading day preceding the Separation Date), multiplied by 4,233 Verisk Shares, plus the amo...

Related to Applicability of Provisions from the Agreement

  • Applicability of Agreement The Developer agrees that the Lands shall be developed and used only in accordance with and subject to the terms and conditions of this Agreement.

  • Severability of Provisions If any one or more of the covenants, agreements, provisions or terms of this Agreement shall be for any reason whatsoever held invalid, then such covenants, agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other provisions of this Agreement or of the Certificates or the rights of the Holders thereof.

  • Severability of Agreement Should any part of this Agreement for any reason be declared invalid by a court of competent jurisdiction, such decision shall not affect the validity of any remaining portion, which remaining provisions shall remain in full force and effect as if this Agreement had been executed with the invalid portion thereof eliminated, and it is hereby declared the intention of the parties that they would have executed the remaining portions of this Agreement without including any such part, parts or portions which may, for any reason, be hereafter declared invalid.

  • Severability of Provision Each provision of this Agreement is severable from every other provision in determining the enforceability of any provision.

  • Survival of Provisions Upon Invalidity of Any Single Provision In case any provision in this Agreement shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

  • Separability of Provisions Each provision of this Agreement shall be considered separable and if for any reason any provision or provisions herein are determined to be invalid, unenforceable or illegal under any existing or future law, such invalidity, unenforceability or illegality shall not impair the operation of or affect those portions of this Agreement which are valid, enforceable and legal.

  • Limitation by Law; Severability of Provisions All rights, remedies and powers provided in this Security Agreement may be exercised only to the extent that the exercise thereof does not violate any applicable provision of law, and all the provisions of this Security Agreement are intended to be subject to all applicable mandatory provisions of law that may be controlling and to be limited to the extent necessary so that they shall not render this Security Agreement invalid, unenforceable or not entitled to be recorded or registered, in whole or in part. Any provision in this Security Agreement that is held to be inoperative, unenforceable, or invalid in any jurisdiction shall, as to that jurisdiction, be inoperative, unenforceable, or invalid without affecting the remaining provisions in that jurisdiction or the operation, enforceability, or validity of that provision in any other jurisdiction, and to this end the provisions of this Security Agreement are declared to be severable.

  • Severability of Covenants The Executive acknowledges and agrees that the Restrictive Covenants are reasonable and valid in duration and geographical scope and in all other respects. If any court determines that any of the Restrictive Covenants, or any part thereof, is invalid or unenforceable, the remainder of the Restrictive Covenants shall not thereby be affected and shall be given full effect without regard to the invalid portions.

  • Limitation of Liability of Trust Xxxxx Xxxxx expressly acknowledges the provision in the Declaration of Trust of the Trust limiting the personal liability of the Trustees of the Trust and the shareholders of the Fund, and Xxxxx Xxxxx hereby agrees that it shall have recourse to the Trust or the Fund for payment of claims or obligations as between the Trust or the Fund and Xxxxx Xxxxx arising out of this Agreement and shall not seek satisfaction from the Trustees or shareholders or any Trustee of the Trust or shareholder of the Fund.

  • Applicability of ISP; Limitation of Liability Unless otherwise expressly agreed by the L/C Issuer and the Borrower when a Letter of Credit is issued, the rules of the ISP shall apply to each Letter of Credit. Notwithstanding the foregoing, the L/C Issuer shall not be responsible to the Borrower for, and the L/C Issuer’s rights and remedies against the Borrower shall not be impaired by, any action or inaction of the L/C Issuer required or permitted under any law, order, or practice that is required or permitted to be applied to any Letter of Credit or this Agreement, including the Law or any order of a jurisdiction where the L/C Issuer or the beneficiary is located, the practice stated in the ISP, or in the decisions, opinions, practice statements, or official commentary of the ICC Banking Commission, the Bankers Association for Finance and Trade - International Financial Services Association (BAFT-IFSA), or the Institute of International Banking Law & Practice, whether or not any Letter of Credit chooses such law or practice.

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