No Further Payments. For the avoidance of doubt and notwithstanding any other provision of this Agreement or any other plan, agreement or arrangement with the Company or any of its affiliates to the contrary, to the extent any payment or benefit (including non-cash benefits) provided under this Agreement or any other plan, agreement or arrangement with the Company or any of its affiliates, either alone or together with such other payments and benefits (including non-cash benefits) which Executive receives or is entitled to receive from the Company or any of its affiliates, would result in the Executive being subject to the excise tax imposed by Section 4999 of the Internal Revenue Code of 1986, as amended (or any successor provision), with respect to such payment or benefit, neither the Company nor any of its affiliates shall be obligated to pay any amount to Executive (or to any other party on behalf of Executive) as a result of, or in respect of, such excise tax.
No Further Payments. On and after the Termination Date, or in the event of a default event, ECOLOGY may, at its sole discretion, withdraw the loan and make no further payments under this agreement. Repayment Demand. In response to an ECOLOGY initiated termination event, or in response to a loan default event, ECOLOGY may at its sole discretion demand that the RECIPIENT repay the outstanding balance of the Loan Amount and all accrued interest. Interest after Repayment Demand. From the time that ECOLOGY demands repayment of funds, amounts owed by the RECIPIENT to ECOLOGY shall accrue additional interest at the rate of one percent per month, or fraction thereof.
No Further Payments. The Executive acknowledges and agrees that unless otherwise expressly agreed in writing between the Executive and CHC, the Executive shall not be entitled, by reason of the Executive’s employment with CHC or by reason of any termination of such employment, howsoever arising, to any remuneration, compensation or other benefits other than those expressly provided for in this Agreement.
No Further Payments. Upon the giving of a Close-out Notice under Clause 9.1 (Early Termination), or the occurrence of an Event of Default described in Clause 12.3 (Act of Insolvency):
(i) no further payments under the Agreement in respect of any outstanding Transaction will be required to be made, but without prejudice to the other provisions of the Agreement;
(ii) all outstanding Transactions (the "Full Terminated Transactions") will, to the extent possible, be terminated on the Full Termination Date in accordance with the Agreement; and
(iii) all other amounts owing under the Agreement will be payable on the Full Termination Date.
No Further Payments. 4.6.1 Except as herein specifically set forth, neither Party shall be obliged to reimburse the other Party for any services or assistance, the other Party’s performance of its obligations hereunder, use of resources, or any other costs, fees or similar.
No Further Payments. If a Noteholder has provided the Company with notice of the occurrence and continuance of a Default or Event of Default, the Company will not and it will cause each other Restricted Subsidiary to not make any further payments to the Guarantors in respect of any of the Subordinated Obligations until the earlier of: (i) such Default or Event of Default has been fully remedied, or (ii) until all of the Guaranteed Obligations and the Indemnified Amounts have been fully and finally paid, satisfied, performed and discharged.
No Further Payments. The Executive acknowledges and agrees that unless otherwise expressly agreed in writing between the Executive and Heli-One, the Executive shall not be entitled, by reason of the Executive’s employment with Heli-One or by reason of any termination of such employment, howsoever arising, to any remuneration, compensation or other benefits other than those expressly provided for or referenced in this Agreement.
No Further Payments. You agree that your employment will terminate effective January 10, 2020, and that, after that date, Cerner will owe no additional compensation to you other than: (i) your final paycheck covering the period through January 10, 2020, (ii) any performance-based cash incentive compensation earned but not yet paid as of January 10, 2020 (including, the Q4 2019 CPP bonus as described in Paragraph 10.B., below), and (iii) the separation benefits described in Paragraph 1.
A. You agree that amounts paid pursuant to this Separation Agreement shall be in full and final satisfaction of any amounts or other benefits that could be owed to you under any other agreement you may have entered into with Cerner or, except as required by law or specifically provided herein, any other Cerner benefit plan or arrangement, including but not limited to your Employment Agreement (including Paragraph 8 of that Employment Agreement), the Enhanced Severance Pay Plan or the Business Optimization Severance Pay Plan.
B. You will remain eligible to participate in the Cerner Corporation 2018 Performance Compensation Plan (“CPP”) through the last day of the fourth fiscal quarter of 2019. Calculations and payments under the CPP for Q4 2019 shall be governed by the CPP and equal to the actual CPP metrics achieved or not achieved in that quarter. That amount will be paid to you in accordance with Cerner’s regular 2019 CPP payment schedule. You acknowledge that you are not eligible for and will not receive any further payments under the CPP after Q4 2019.
No Further Payments. Except as provided for in Paragraph 1, Executive is not entitled to and will not receive any further salary, wages, benefits, severance or separation payments from the Company.
No Further Payments. If we elect to terminate a Transaction, neither party need make further payments for those Transactions under clause 4. Instead, this clause 7 governs the payments to be made.
