Member Acknowledgments Sample Clauses

Member Acknowledgments. The undersigned Member understands, acknowledges and agrees with the Company as follows: (a) To comply with all reasonable underwriting, claims management, risk management and loss control standards established by the Company, and shall take any and all actions required by the Company to address risk management, loss prevention and loss control objectives. (b) That its membership may be terminated as provided in the Company’s Operating Agreement. Failure of any Member to obtain a policy of insurance as provided in this Agreement shall result in immediate termination of membership. (c) It acknowledges that it understands that it has read and agreed with the Business Plan as filed with the Vermont Department of Banking, Insurance, Securities and HealthCare Administration (“BISHCA”) and understands that there are certain risks inherent to insurance provided by a captive insurance company. These risks include, but are not limited to, reinsurer insolvency in which case the Company (but not the individual Members) would remain liable to the insured for the full amount of claims under the insurance policy and which would have a material adverse impact on the Company; guaranty funds are not available to protect policyholders in the event of an insolvency of the Company; risk of underwriting and investment losses could adversely impact the Company’s financial ability to pay claims; and the Company is a captive insurer domicile in the state of Vermont and is not subject to all of the regulatory requirements imposed on traditional insurers.
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Member Acknowledgments. You acknowledge that: From time to time, due to emergency situations such as medical emergencies and natural disasters, the Practice may not have a Physician or Nurse Practitioner available. Services offered under this Agreement are beyond the coverage of any insurance plan you have, and the Practice will not seek reimbursement from your plan for services covered under this Agreement. The Practice may xxxx your insurance plan for services provided to you that are not covered by this Agreement, and you and/or your plan will be financially responsible for such services. The annual fee does not affect the co-payments, co-insurance, or deductibles you are required to pay under the terms of your insurance coverage. You agree that you will not seek reimbursement of the annual fee from your insurance plan, unless such fee is covered by your plan. The Practice makes no representations whatsoever that the fees paid under this Agreement are or are not covered by your own health insurance or by other third party plans that might provide you coverage.
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Member Acknowledgments. Member hereby acknowledges and agrees as follows: (a) Member is responsible for the accuracy of all orders and prices posted by or on behalf of Member on the exchange. Thexchange assumes no responsibility for any delays or errors in trade execution, for interruptions in telecommunications services, or for misrouting of any telecommunications services bought or sold by any Member through thexchange. Member agrees that thexchange's CDRs and other records, not those of Member's, shall govern and be used as the basis for any discussion or dispute or the resolution of any such dispute. Member agrees to hold thexchange harmless from liability for any errors or delays in trade execution or misrouting or interruptions in telecommunications services, including but not limited to errors as to prices or quality quoted by other Members. NOTWITHSTANDING ANY PROVISION TO THE CONTRARY HEREIN, NEITHER THEXCHANGE NOR ITS AFFILIATES NOR MEMBER SHALL BE LIABLE FOR ANY INDIRECT, SPECIAL, PUNITIVE OR CONSEQUENTIAL DAMAGES. (b) Sell prices posted on the exchange represent the seller's rates for terminating minutes at the Exchange Delivery Points and are based on Member orders. Member understands that other Members may make available limited capacity at specified prices, and that a price displayed on thexchange may not be available for all calls of similar characteristics at all times, as a result of limited capacity. (c) [Intentionally left blank.] (d) [Intentionally left blank.]
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Member Acknowledgments. You acknowledge that: From time to time, due to emergency situations such as medical emergencies and natural disasters, the Practice may not have a Physician or Nurse Practitioner available. Services offered under this Agreement are beyond the coverage of any insurance plan you have, and the Practice will not seek reimbursement from your plan for services covered under this Agreement. The Practice may bill your insurance plan for services provided to you that are not covered by this Agreement, and you and/or your plan will be financially responsible for such services. The annual fee does not affect the co-payments, co-insurance, or deductibles you are required to pay under the terms of your insurance coverage. You agree that you will not seek reimbursement of the annual fee from your insurance plan, unless such fee is covered by your plan. The Practice makes no representations whatsoever that the fees paid under this Agreement are or are not covered by your own health insurance or by other third party plans that might provide you coverage. Term and Termination. You will receive the services for one (1) year. This Agreement will automatically renew from year to year unless you notify Practice in writing that you do not wish to renew. You may terminate this Agreement at any time by giving written notice. The Practice may terminate this Agreement if you fail to pay the fee; you have performed an act that constitutes fraud; you have repeatedly failed to comply with the recommended treatment plan; you are abusive and present an emotional or physical danger to the staff or other patients of the Practice; or the Practice discontinues operation as a direct practice. This Agreement does not provide comprehensive health insurance coverage. It provides only the health care services specifically described. A Comprehensive Disclosure Statement is attached. Primary Insurance ________________________________________ _________________________________ Secondary Insurance _________________________________________________________________________ I elect to pay the annual fee as follows (please place a checkmark in the blank preceding the payment method you prefer): One lump sum of $2,000 payable as follows (select one): Required Comprehensive Disclosure Statement
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Related to Member Acknowledgments

  • Other Acknowledgments Seller acknowledges, unless otherwise stated in this Agreement or other written statement, that the Seller is unaware of the following: I. Any type of default that has been recorded against the Property; II. Any type of financial delinquency which used the Property as security; III. Any type of bankruptcy or insolvency involving the Seller or affecting the Property; and IV. Any type of mediation, arbitration, litigation, or any proceeding where an institution, public or private, has action pending against the Property which includes the Seller’s ability to sell the Property. Xxxxxx agrees to notify the Agency immediately if any of the aforementioned issues should arise during the Listing Period.

  • Trust Account Waiver Acknowledgments The Company hereby agrees that it will use its reasonable best efforts prior to commencing its due diligence investigation of any prospective Target Business or obtaining the services of any vendor to have such Target Business and/or vendor acknowledge in writing whether through a letter of intent, memorandum of understanding or other similar document (and subsequently acknowledges the same in any definitive document replacing any of the foregoing), that (a) it has read the Prospectus and understands that the Company has established the Trust Account, initially in an amount of $200,000,000 (without giving effect to any exercise of the Over-allotment Option) for the benefit of the Public Stockholders and that, except for a portion of the interest earned on the amounts held in the Trust Account, the Company may disburse monies from the Trust Account only (i) to the Public Stockholders in the event they elect to redeem shares of Common Stock contained in the Public Securities in connection with the consummation of a Business Combination, (ii) to the Public Stockholders if the Company fails to consummate a Business Combination within the time period set forth in the Charter Documents, or (iii) to the Company after or concurrently with the consummation of a Business Combination and (b) for and in consideration of the Company (i) agreeing to evaluate such Target Business for purposes of consummating a Business Combination with it or (ii) agreeing to engage the services of the vendor, as the case may be, such Target Business or vendor agrees that it does not have any right, title, interest or claim of any kind in or to any monies in the Trust Account (“Claim”) and waives any Claim it may have in the future as a result of, or arising out of, any negotiations, contracts or agreements with the Company and will not seek recourse against the Trust Account for any reason whatsoever. The foregoing letters shall substantially be in the form attached hereto as Exhibits A and B respectively. The Company may forego obtaining such waivers only if the Company shall have received the approval of its Chief Executive Officer and the approving vote of at least a majority of its Board of Directors.

  • System Acknowledgments Custodian shall acknowledge through the System its receipt of each transmission communicated through the System, and in the absence of such acknowledgment Custodian shall not be liable for any failure to act in accordance with such transmission and the Fund may not claim that such transmission was received by Custodian.

  • Certain Acknowledgments Each of the parties acknowledges and agrees that no property or cash consideration of any kind whatsoever has been or shall be given by Lender to Borrower in connection with the Extension or any other amendment to the Note granted herein.

  • Trust Account Waiver Acknowledgment The Company will seek to have all vendors, service providers (other than independent accountants), prospective target businesses or other entities with which it does business enter into agreements waiving any right, title, interest or claim of any kind in or to any monies held in the Trust Account for the benefit of the Public Shareholders. If a prospective target business or vendors, service providers or third party were to refuse to enter into such a waiver, management will perform an analysis of the alternatives available to it and will only enter into an agreement with a third party that has not executed a waiver if management believes that such third party’s engagement would be significantly more beneficial than any alternative.

  • Acknowledgments The Borrower hereby acknowledges that: (a) it has been advised by counsel in the negotiation, execution and delivery of this Agreement and the other Loan Documents; (b) neither the Administrative Agent nor any Lender has any fiduciary relationship with or duty to the Borrower arising out of or in connection with this Agreement or any of the other Loan Documents, and the relationship between Administrative Agent and Lenders, on one hand, and the Borrower, on the other hand, in connection herewith or therewith is solely that of debtor and creditor; and (c) no joint venture is created hereby or by the other Loan Documents or otherwise exists by virtue of the transactions contemplated hereby among the Lenders or among the Borrower and the Lenders.

  • Trust Fund Waiver Acknowledgment The Company hereby agrees that it will not commence its due diligence investigation of any operating business which the Company seeks to acquire ("Target Business") or obtain the services of any vendor unless and until such Target Business or vendor acknowledges in writing, whether through a letter of intent, memorandum of understanding or other similar document (and subsequently acknowledges the same in any definitive document replacing any of the foregoing), that (a) it has read the Prospectus and understands that the Company has established the Trust Fund, initially in an amount of $20,640,000 for the benefit of the public stockholders and that the Company may disburse monies from the Trust Fund only (i) to the public stockholders in the event they elect to convert their IPO Shares (as defined below in Section 8.8) and the liquidation of the Company or (ii) to the Company after, or concurrently with, the consummation of a Business Combination and (b) for and in consideration of the Company (1) agreeing to evaluate such Target Business for purposes of consummating a Business Combination with it or (2) agreeing to engage the services of the vendor, as the case may be, such Target Business or vendor agrees that it does not have any right, title, interest or claim of any kind in or to any monies in the Trust Fund ("Claim") and waives any Claim it may have in the future as a result of, or arising out of, any negotiations, contracts or agreements with the Company and will not seek recourse against the Trust Fund for any reason whatsoever.

  • Additional Acknowledgments Executive acknowledges that the provisions of this Section 8 are in consideration of: (i) employment with the Employer, (ii) the issuance of the Carried Shares by the Company and (iii) additional good and valuable consideration as set forth in this Agreement. In addition, Executive agrees and acknowledges that the restrictions contained in Section 7 and this Section 8 do not preclude Executive from earning a livelihood, nor do they unreasonably impose limitations on Executive’s ability to earn a living. In addition, Executive acknowledges (i) that the business of the Company, Employer and their respective Subsidiaries will be international in scope and without geographical limitation, (ii) notwithstanding the state of incorporation or principal office of the Company, Employer or any of their respective Subsidiaries, or any of their respective executives or employees (including the Executive), it is expected that the Company and Employer will have business activities and have valuable business relationships within its industry throughout the world, and (iii) as part of his responsibilities, Executive will be traveling in furtherance of Employer’s business and its relationships. Executive agrees and acknowledges that the potential harm to the Company and Employer and their respective Subsidiaries of the non-enforcement of Section 7 and this Section 8 outweighs any potential harm to Executive of its enforcement by injunction or otherwise. Executive acknowledges that he has carefully read this Agreement and has given careful consideration to the restraints imposed upon Executive by this Agreement, and is in full accord as to their necessity for the reasonable and proper protection of confidential and proprietary information of the Company and Employer now existing or to be developed in the future. Executive expressly acknowledges and agrees that each and every restraint imposed by this Agreement is reasonable with respect to subject matter, time period and geographical area.

  • Risk Acknowledgment ADVISER does not guarantee the future performance of the Account or any specific level of performance, the success of any investment recommendation or strategy that ADVISER may take or recommend for the Account, or the success of ADVISER’s overall management of the Account. CLIENT understands that investment recommendations for the Account by ADVISER are subject to various market, currency, economic, political and business risks, and that those investment decisions will not always be profitable.

  • Mutual Acknowledgment Both the Company and Indemnitee acknowledge that, in certain instances, Federal law or applicable public policy may prohibit the Company from indemnifying its directors and officers under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company has undertaken or may be required in the future in certain circumstances to undertake with the Securities and Exchange Commission to submit the question of indemnification to a court for a determination of the Company’s right under public policy to indemnify Indemnitee.

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