No Additional Contribution by Defendants Sample Clauses

No Additional Contribution by Defendants. Staffmark’s monetary obligation under this Agreement is limited to the Settlement Fund and the employer’s share of payroll taxes as set forth in section X(A)(7). Staffmark may not be called upon or required to contribute additional monies above the Settlement Fund and the employer’s share of payroll taxes. If this Agreement is cancelled, rescinded, terminated, voided, or nullified, or the Settlement of the Kang Action is barred by operation of law, or invalidated, or ordered not to be carried out by a court of competent jurisdiction, Staffmark will cease to have any obligation to pay any portion of the Settlement Fund to anyone under the terms of this Agreement.
Sample 1
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No Additional Contribution by Defendants. Defendants’ monetary obligation under this Agreement is limited to the Settlement Fund, which Defendants have already funded. Defendants may not be called upon or required to contribute additional monies above the Settlement Fund. If this Agreement is cancelled, rescinded, terminated, voided, or nullified, or the Settlement of the Xxxxxxxx Action is barred by operation of law, or invalidated, or ordered not to be carried out by a court of competent jurisdiction, Defendants will cease to have any obligation to pay any portion of the Settlement Fund to anyone under the terms of this Agreement and all previous disbursements from the Settlement Fund will be immediately paid back to Defendants by the person or entity who received such disbursement, except for the Settlement Administration Costs.
Sample 1
No Additional Contribution by Defendants. Defendants’ monetary obligation under this Agreement is limited to the Gross Settlement Amount, which Defendants have already funded. Defendants may not be called upon or required to contribute additional monies above the Gross Settlement Amount. If this Agreement is cancelled, rescinded, terminated, voided, or nullified, or the Settlement of the Class Action is barred by operation of law, or invalidated, or ordered not to be carried out by a court of competent jurisdiction, Defendants will cease to have any obligation to pay any portion of the Gross Settlement Amount to anyone under the terms of this Agreement and all previous disbursements from the Gross Settlement Amount will be immediately paid back to Defendants by the person or entity who received such disbursement, except for the Settlement Administration Costs.
Sample 1

Related to No Additional Contribution by Defendants

  • Additional Contributions The Member is not required to make any additional capital contribution to the Company. However, the Member may at any time make additional capital contributions to the Company in cash or other property.

  • Waiver of Contributions Employee contributions to this Plan shall be waived with respect to disabled employees during the time such an employee is in receipt of disability benefit payments from this Plan.

  • NOMINATION BY ALLOTTEE WITH CONSENT The Allottee admits and accepts that after the Lock in period and before the execution and registration of conveyance deed of the said Apartment, the Allottee will be entitled to nominate, assign and/or transfer the Allottee’s right, title, interest and obligations under this Agreement subject to the covenant by the nominee that the nominee will strictly adhere to the terms of this Agreement and subject also to the following conditions:

  • Termination by Red Hat or Partner Red Hat may (without prejudice to any other right or remedy) terminate this Agreement in whole or in part (including any Program Appendix and Partner’s participation in any Program) for any reason at any time upon ninety (90) days prior written notice to Partner. If Partner or Red Hat breaches the terms of this Agreement, and the breach is not cured within thirty (30) days after written notice of the breach is given to the breaching Party (except for payment obligations, in which case five (5) days), then the other Party may, by giving written notice of termination to the breaching Party, terminate this Agreement in whole or in part (including any Program Appendix and Partner’s participation in any Program) without prejudice to any other right or remedy; unless a shorter cure period is otherwise stated under this Agreement or in the applicable Program Appendix and provided that no cure period is required for a breach of Sections 8, 9.1, 12.2 or 14.3 hereof.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Initial Contribution The member agrees to make an initial contribution to the Company of $____________.

  • Initial Contributions The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.

  • Annual Contributions □ Check enclosed in the amount of $ representing current contribution for tax year 20 . This contribution does not exceed the maximum permitted amount for the year of contribution as described in the Xxxx XXX Disclosure Statement. If no tax year is indicated, contribution will automatically apply to current year.

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Additional Capital Contributions No Member shall be required to make additional capital contributions. A Member may make additional capital contributions to the Company.

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