Common use of Duration of Covenants Clause in Contracts

Duration of Covenants. In the event that the Company commences an action in any court of law to enforce any of the Covenants, the running of any time period or limitation applicable to such Covenants shall be suspended and tolled pending final resolution of such legal action. The running of any unexpired time period shall resume either on the date when final judgment is rendered or when all appeals taken therefrom are concluded, whichever shall occur later.

Appears in 15 contracts

Samples: Executive Employment Agreement (Advanced Disposal Services, Inc.), Executive Employment Agreement (Advanced Disposal Services, Inc.), Executive Employment Agreement (Advanced Disposal Services, Inc.)

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Duration of Covenants. In the event that the Company commences an action in any court of law to enforce any of the Covenants, the running of any time period or limitation applicable to such Covenants shall be suspended and tolled pending final resolution of such legal action. The running of any unexpired time period shall resume either on the date when final judgment is rendered or when all appeals taken therefrom are concluded, whichever shall occur later. Additionally, the time period for Employee’s performance of any Covenants under this Agreement shall also be extended by any period of time that Employee is in breach of such Covenants.

Appears in 1 contract

Samples: Executive Employment Agreement (Riot Blockchain, Inc.)

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