By Current and Future Sample Clauses

The "By Current and Future" clause establishes that the terms or obligations outlined in the agreement apply not only to present circumstances but also to any future developments or entities. In practice, this means that the rights, responsibilities, or restrictions specified are binding on both existing parties or assets and any that may arise or be acquired later. This clause ensures comprehensive coverage, preventing loopholes that could arise from changes over time, and thereby maintains the agreement's effectiveness as situations evolve.
By Current and Future. Physician Owners. On the earlier of one hundred eighty (180) days from the effective date of this Agreement, or on thirty (30) days after written request by Company, which written request includes a reasonable explanation or basis for the request, ROAII shall obtain and enforce formal restrictive covenants with current and future Physician Owners, the terms of which shall be substantially similar to the provisions of Exhibit 11. Such agreements shall provide that Company is a third-party beneficiary to such agreements. ROAII agrees to enforce the restrictive covenants. The cost and expense of such enforcement shall be a Clinic Expense, and all damages and other amounts recovered thereby shall be included in Professional Services Revenue. In the event that after a request by Company, ROAII does not pursue any remedy that may be available to it by reason of a breach or default of a restrictive covenant, upon the request of Company, ROAII shall assign to Company such causes of action and/or other rights it has related to such breach or default and shall cooperate with and provide reasonable assistance to Company with respect thereto; in which case, all costs and expenses incurred in connection therewith shall be borne by Company and shall be included in Company Expenses, and Company shall be entitled to all damages and other amounts recovered thereby. The above described restrictive covenants between ROAII and Physician Owners shall be in addition to and not in place of the restrictive covenants described in Exhibit 11 between Company and the Physician Owners.
View SourceView Similar (8)
By Current and Future. Physician Owners. On the earlier of one hundred eighty (180) days from the effective date of this Agreement, or on thirty (30) days after written request by Company, which written request includes a reasonable explanation or basis for the request, Princeton II shall obtain and enforce formal restrictive covenants with current and future Physician Owners, the terms of which shall be substantially similar to the provisions of Exhibit 11. Such agreements shall provide that Company is a third-party beneficiary to such agreements. Princeton II agrees to enforce the restrictive covenants. The cost and expense of such enforcement shall be a Clinic Expense, and all damages and other amounts recovered thereby shall be included in
View Source

Related to By Current and Future

  • Upload of Current W-9 Required Please note that you are required by TIPS to upload a current W-9 Internal Revenue Service (IRS) Tax Form for your entity. This form will be utilized by TIPS to properly identify your entity.

  • Commitment of Current Revenues Only In the event that, during any term hereof, the Commissioners Court does not appropriate sufficient funds to meet the obligations of County under this Agreement, County may terminate this Agreement upon ninety (90) days written notice to Company. County agrees, however, to use reasonable efforts to secure funds necessary for the continued performance of this Agreement. The parties intend this provision to be a continuing right to terminate this Agreement at the expiration of each budget period of County. Agreements for the acquisition, including lease of real or personal property under Tex. Loc. Govt. Code §271.903 (▇▇▇▇▇▇ Supp. 1996).

  • Commitments and Credit Extensions 2.01Loans.

  • The Commitments and Credit Extensions 2.01 The Loans.

  • Upload of Current W-9 Required Vendors are required by TIPS to upload a current, accurate W-9 Internal Revenue Service (IRS) Tax Form for your entity. This form will be utilized by TIPS to properly identify your entity. You must confirm that you are responding to this solicitation under your legal entity name. Go now to your Supplier Profile in this eBid System and confirm that your profile reflects your "Legal Name" as it is listed on your W9.