Incentive Agreements. Subtenant shall not violate any of the Incentive Agreements. In addition, Subtenant shall comply with all covenants and obligations, on behalf of Sublandlord, under the Incentive Agreements pertaining to the Subleased Space, Subtenant’s operations at the Project (collectively, the “Subtenant Incentive Obligations”), including, without limitation, the timely provision of any and all employment information related to Subtenant’s employees required for submission pursuant to any compliance reports or other obligations under the Incentive Agreements and all insurance and maintenance requirements. Subtenant shall indemnify, defend and hold harmless the Landlord and Sublandlord from and against all third party claims (including, but not limited to, claims by the County) and resulting liabilities arising or resulting from Subtenant’s violation of the Incentive Agreements or Subtenant’s failure to comply with and satisfy all of the Subtenant Incentive Obligations or Subtenant’s default under this section or any of the Incentive Agreements. Notwithstanding anything to the contrary, Subtenant agrees to maintain seventy-five percent (75%) (“Subtenant’s QJ Share”) of the “Qualifying Jobs” as that term is defined in the Incentive Agreements, and Sublandlord agrees to maintain twenty-five percent (25%) (“Sublandlord’s QJ Share”) of the Qualifying Jobs.
(i) Subtenant shall pay any increase in the PILOT Payments owed by Sublandlord, any increase in the Project Property Taxes owed by Sublandlord, and any other amounts owed by Sublandlord under the Incentive Agreements (collectively, the “Incentive Recapture Obligation”) to the extent the Incentive Recapture Obligation is due solely to Subtenant’s violation of the Incentive Agreements, the Subtenant Incentive Obligations or this section;
(ii) Sublandlord shall pay any Incentive Recapture Obligation to the extent the Incentive Recapture Obligation is due solely to Sublandlord’s violation of the Incentive Agreements or this section; and
(iii) If Sublandlord and Subtenant both fail to maintain the number of Qualifying Jobs required under this section, based on Subtenant’s QJ Share and Sublandlord’s QJ Share, and there is any Incentive Recapture Obligation owed by Sublandlord due to such failure, then Subtenant shall pay a portion of such amounts as determined by the following formula:
(A) multiply Subtenant’s QJ Share by the total number of Qualifying Jobs required to be maintained in the applicable year pursuant to the Incent...
Incentive Agreements. Employee shall be eligible to participate in stock or other incentive programs of Employer made available to similarly situated employees of the Employer generally which provide opportunities to receive cash and/or stock incentives on terms and conditions that are substantially similar to the terms and conditions applicable to similarly situated employees of the Employer generally.
Incentive Agreements. In the event of any conflict or ambiguity between the terms of this Agreement and the terms of a specific Local Incentive agreement, the terms of the Local Incentive agreement shall prevail.
Incentive Agreements. There can be made additional incentive agreements according to Telenor’s at any time prevailing policy.
Incentive Agreements. Prior to Substantial Completion, Landlord will comply with the terms of the Incentive Agreements and file all forms and take all actions necessary for Tenant to realize the benefit of the incentives granted under the Incentive Agreements. In addition, Landlord shall cause Contractors and all of their respective subcontractors, vendors and suppliers furnishing materials, supplies or other items in connection with Xxxxxxxx’s Work to submit all forms and take all actions necessary for Tenant to realize the benefit of all sales tax abatements and rebates granted under the Incentive Agreements.
Incentive Agreements. Seller shall retain or assume, as applicable, responsibility for payment of any bonus or other incentive compensation payable with respect to a Transferred Employee under any bonus or other incentive compensation plan or program maintained by ACS or its Affiliates (including the Acquired Entities or ACS Defense) (an "ACS Bonus Program") to the extent such payment relates to a period prior to the Closing. Prior to the Closing, Seller shall, or shall cause its Affiliates to, terminate any bonus or other incentive compensation program maintained by an Acquired Entity or ACS Defense to the extent such plan or program would be applicable to Transferred Employees.
Incentive Agreements. Lender shall have received the fully executed Collateral Assignment and TIF Assignment.
Incentive Agreements. 73 5.29 SAILS Contract.................................................................................73 ARTICLE VI COVENANTS..................................................................................74
Incentive Agreements. Florida Co-Borrower has furnished to the Administrative Agent true, complete and correct copies of the Incentive Agreements, which Agreements are unmodified and in full force and effect. Florida Co-Borrower acknowledges and agrees that it will not cause, permit or agree to any material amendment to the Incentive Agreements without the prior consent of the Administrative Agent, which shall not be unreasonably withheld or delayed.
Incentive Agreements. Borrower has furnished to the Administrative Agent true, complete and correct copies of the Incentive Agreements, which Agreements are unmodified and in full force and effect. Borrower acknowledges and agrees that it will not, and will not permit Florida Resort Owner to, cause, permit or agree to any material amendment to the Incentive Agreements without the prior consent of the Administrative Agent, which shall not be unreasonably withheld or delayed.
