No Hire Commitments Sample Clauses

No Hire Commitments. During the term and, except as provided in ------------------- Section 9.7, for 12 months thereafter, each party agrees that neither it nor any of its Affiliates will recruit or hire any person employed then or within the preceding 12 months by any other party or any of its Affiliates who performed work in connection with this Agreement without the prior consent of that party. Upon expiration or termination of this Agreement, Client will have the right, but not the obligation, to make employment offers to any or all of the Transitioned Employees who are then in the employ of Xxxxx Systems and the right, but not the obligation, to make employment offers to the PSC Personnel who are then providing (or within the previous six months have provided) services to Client under this Agreement. The decision to make employment offers shall be within Client's sole discretion, and Xxxxx Systems shall have no responsibility or liability to Client with respect to such decision.
Sample 1
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No Hire Commitments. During the term of this Agreement and for 12 months thereafter, each party agrees that neither it nor any of its subsidiaries will recruit or hire any person employed then or within the preceding 12 months by the other party or any of its subsidiaries and who performed work in connection with this Agreement without the prior consent of the other party; provided, however, that this restriction will not apply to the initial transfer of the Transitioned Employees from Client to Xxxxx Systems or, following termination of this Agreement (except a termination for cause by Xxxxx Systems) the transfer of Transitioned Employees to Client from Xxxxx Systems.
Sample 1
No Hire Commitments. Starting on the Effective Date and ending one year after the date this Agreement terminates, without the prior written consent of the other party, neither party nor any Affiliate, subsidiary, or division of such party may, directly or indirectly, solicit for employment, employ, or otherwise retain or use the services of any person who performs Services under this Agreement as an employee of the other party. Nothing in this section, however, will limit a party’s right to hire any employee of the other party who responds to a general solicitation for employment not targeted to such employee or the other party. As liquidated damages, and not as a penalty, a party in breach of this section shall pay the non-breaching party an amount equal to the salary and benefits paid by the nonbreaching party during the last twelve (12) months to any person who is solicited, employed, or whose services are otherwise retained or used by the breaching party in violation of this section.
Sample 1

Related to No Hire Commitments

  • Other Commitments (1) If provisions in the legislation of either Contracting Party or rules of international law entitle investments by investors of the other Contracting Party to treatment more favourable than is provided for by this Agreement, such provisions shall to the extent that they are more favourable prevail over this Agreement.

  • Agreements and Commitments Seller has delivered to or made available for inspection by Buyer a list (Schedule 3.19 of the Seller Disclosure Letter) of all commitments, contracts, leases, and agreements, written or oral, which materially affect the Hospital Facilities, the Purchased Assets, or the operation thereof, to which Seller is a party or by which Seller, the Hospital Facilities, the Purchased Assets, or any portion thereof is bound, and which involve future payments, performance of services or delivery of goods to or by Seller in an amount or value in excess of Fifty Thousand Dollars ($50,000) on an annual basis, to the extent such commitments, contracts, leases and agreements are or are proposed to be Contracts to be assigned to be Assumed Contracts, including, without limitation, (a) Physician Employment Agreements, (b) agreements with health maintenance organizations, preferred provider organizations, or other alternative delivery systems, (c) joint venture or partnership agreements, (d) employment contracts or any other contracts, agreements, or commitments to or with individual employees or agents, (e) contracts or commitments materially affecting ownership of, title to, use of or any interest in real estate including any tenant leases, (f) equipment leases, (g) equipment maintenance agreements, (h) agreements with municipalities, (i) collective bargaining agreements or other contracts or commitments to or with any labor unions, labor organizations, or other employee representatives or groups of employees, (j) loan agreements, mortgages, liens, or other security agreements, (k) patent licensing agreements or any other agreements, licenses, or commitments with respect to patents, patent applications, trademarks, trade names, service marks, technical assistance, copyrights, or other like terms affecting the Hospital Facilities or the Purchased Assets, (l) contracts or commitments providing for payments based in any manner on the revenues or profits of the Hospital Facilities or the Purchased Assets, (m) agreements, licenses, or commitments relating to data processing programs, software, or source codes utilized in connection with the Hospital Facilities or the Purchased Assets, (n) contracts or commitments, whether in the ordinary course of business or not, which restrain, in any manner, the operations of the Hospital Facilities (including, but not limited to, noncompetition agreements), and (o) contracts or commitments, whether in the ordinary course of business or not, which involve future payments, performance of services or delivery of goods or material, to or by Seller.

  • The Commitments Subject to the terms and conditions set forth herein:

  • No Commitments Any commitment or transaction by Company (including, without limitation, any borrowing or capital expenditure) other than in the ordinary course of business consistent with past practice;

  • The Commitments and Credit Extensions 2.01 The Loans.

  • Revolver Commitments The Revolver Commitments shall terminate on the Maturity Date. Borrower may reduce the Revolver Commitments to an amount not less than the greater of (1) $5,000,000, and (2) the sum of (A) the Revolver Usage as of such date, plus (B) the principal amount of all Advances not yet made as to which a request has been given by Borrower under Section 2.3(a), plus (C) the amount of all Letters of Credit not yet issued as to which a request has been given by Borrower pursuant to Section 2.11(a). Each such reduction shall be in an amount which is not less than $500,000 (unless the Revolver Commitments are being reduced to $5,000,000 and the amount of the Revolver Commitments in effect immediately prior to such reduction are less than $5,500,000), shall be made by providing not less than 5 Business Days prior written notice to Agent, and shall be irrevocable. Once reduced, the Revolver Commitments may not be increased. Each such reduction of the Revolver Commitments shall reduce the Revolver Commitments of each Lender proportionately in accordance with its ratable share thereof. Each such reduction of the Revolver Commitments shall be accompanied by

  • The Commitment Subject to the terms and conditions of this Agreement, Lender agrees to make term loans to Borrower from time to time from the Closing Date and to, but not including, the Termination Date in an aggregate principal amount not exceeding the Commitment. The Commitment is not a revolving credit commitment, and Borrower does not have the right to repay and reborrow hereunder. Each Loan requested by Borrower to be made on a single Business Day shall be for a minimum principal amount set forth in the Supplement, except to the extent the remaining Commitment is a lesser amount.

  • Commitments Subject to the terms and conditions set forth herein:

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