No Obligation to Hire Sample Clauses

No Obligation to Hire. The Executive agrees that neither the Company nor the Parent nor any of their subsidiaries or affiliates have any obligation to hire, reemploy or reinstate the Executive in the future. The Executive agrees that she will not apply for employment with the Company, the Parent or any of their respective subsidiaries or affiliates.
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No Obligation to Hire. Nothing contained in this Agreement shall impose, or be deemed to impose, upon Buyer any obligation to employ or retain any persons who are employed by Seller or any Seller Affiliate as of the Closing Date or to offer employment to such persons under similar working conditions as those existing prior to the Closing.
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No Obligation to Hire. The Executive agrees that neither the University nor the Parent nor any of their subsidiaries or affiliates have any obligation to hire, reemploy or reinstate the Executive in the future. The Executive agrees that he will not apply for employment with the University, the Parent or any of their respective subsidiaries or affiliates.
Sample 1
No Obligation to Hire. Subject to the provisions of Section --------------------- 8.2(f) hereof, nothing in this Agreement (i) requires Buyer to hire, or to offer to hire, the current employees of the Business, (ii) constitutes an offer to employ such employees, or (iii) requires Buyer to pay any such persons severance pay in the event of termination except as expressly set out below. The parties do not intend to confer any benefit under this Agreement on anyone other than the parties, and nothing contained in this Agreement shall be deemed to confer any such benefit on any such other person, including any current or former employee or agent of any Seller or any dependent or beneficiary of any of them.
Sample 1
No Obligation to Hire. In entering into this General Release and Separation Agreement, Employee represents that he will not seek employment with Employer. In the event Employee seeks employment with Employer, Employer shall have no obligation to hire him. Moreover, if Employer denies Employee employment or other remunerative relationship, Employee agrees that such would not constitute retaliation or discrimination in violation of any laws.
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No Obligation to Hire. Completion of a Teaching Internship Program with District does not guarantee or entitle Intern to a job with District. Joint Agreements
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No Obligation to Hire. (a) The Buyer shall have no obligation to hire any Affected Employee. The Buyer may, however, desire to hire one or more Affected Employees as a new hire (subject to Section 10.1(c)), and the Seller shall facilitate the acceptance by any such employee of employment with the Buyer. Prior to Closing (and commencing on the date hereof), the Seller shall provide the Buyer access to the Real Property and the Books and Records for the purpose of preparing for and conducting employment interviews of any Affected Employees. (b) No less than fourteen (14) days prior to the Closing, the Buyer shall provide the Seller with a list of all Affected Employees to whom the Buyer has made an offer of employment to be effective on the Closing Date, and if known, indicating whether the offer of employment has been accepted. Affected Employees who accept Buyer's offer of employment are referred to herein as "Transferred Employees". Said offers of employment shall be conditioned upon the Affected Employee passing Buyer's pre-employment tests, background check and a drug/alcohol test. Effective immediately before the Closing, the Seller shall terminate the employment of all the Transferred Employees. (c) It is expressly understood and agreed that (i) the Buyer's expressed intention to extend offers of employment as set forth in this Section shall not constitute any commitment, Contract or understanding, express or implied, or any obligation on the part of the Buyer to a post-Closing employment relationship of any fixed term or upon any terms or conditions other than those that the Buyer may establish pursuant to individual offers of employment; and (ii) employment offered by the Buyer is "at will" and may be terminated by the Buyer or by an employee at any time for any reason (subject to any written commitments to the contrary or requirements of Law). Nothing in this Agreement shall be deemed to prevent or restrict in any way the right of the Buyer to terminate, reassign, promote or demote any of the Transferred Employees after the Closing or to change adversely or favorably the title, powers, duties, responsibilities, functions, locations, salaries, or compensation or terms or conditions of employment of such employees.
Sample 1
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No Obligation to Hire. No Service Provider shall be obligated to hire any additional employees, maintain the employment of any specific employee or acquire additional equipment or software to provide the TSA Services, perform knowledge transfer activity pursuant to Section 2(a)(iv) hereof, or perform any activities pursuant to Section 2(j) hereof; provided, that it maintains the level, quality and costs of the TSA Services and/or such knowledge transfer and other activities.
Sample 1

Related to No Obligation to Hire

  • No obligation to monitor No Finance Party is bound to monitor or verify the utilisation of the Facility.

  • No Obligation to Employ Nothing in the Plan or this Agreement shall confer on the Participant any right to continue in the employ of, or other relationship with, the Company or any Parent, Subsidiary or Affiliate or limit in any way the right of the Company or any Parent, Subsidiary or Affiliate to terminate the Participant’s employment or service relationship at any time, with or without cause.

  • No Obligation to Mitigate Executive shall not be required to seek other employment or otherwise to mitigate Executive's damages upon any termination of employment; provided, however, that, to the extent Executive receives from a subsequent employer health or other insurance benefits that are substantially similar to the benefits referred to in Section 5(b) hereof, any such benefits to be provided by the Company to Executive following the Term shall be correspondingly reduced.

  • No Obligation to Pursue Others Bank has no obligation to attempt to satisfy the Obligations by collecting them from any other person liable for them and Bank may release, modify or waive any collateral provided by any other Person to secure any of the Obligations, all without affecting Bank’s rights against Borrower. Borrower waives any right it may have to require Bank to pursue any other Person for any of the Obligations.

  • No Obligation to Act The Agent shall not be obligated to do any of the acts or to exercise any of the powers authorized by Section 10.1 herein, but if the Agent elects to do any such act or to exercise any of such powers, it shall not be accountable for more than it actually receives as a result of such exercise of power, and shall not be responsible to the Borrower for any act or omission to act except for any act or omission to act as to which there is a final determination made in a judicial proceeding (in which proceeding the Agent has had an opportunity to be heard) which determination includes a specific finding that the subject act or omission to act had been grossly negligent or in actual bad faith.

  • No Obligation Notwithstanding the foregoing, the Company shall have no obligation to obtain or maintain any director and officer insurance policy if the Company determines in good faith that such insurance is not reasonably available in the case that (i) premium costs for such insurance are disproportionate to the amount of coverage provided, or (ii) the coverage provided by such insurance is limited by exclusions so as to provide an insufficient benefit.

  • No Obligation to Mitigate Damages Employee shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, nor shall the amount of any payment provided for under this Agreement be reduced by any compensation earned by Employee as a result of employment by another employer or by retirement benefits after the Date of Termination, or otherwise, except to the extent provided in Section 3 above.

  • No Obligation to Third Parties The execution and delivery of this Agreement shall not be deemed to confer any rights upon, nor obligate either of the parties hereto to, any person or entity not a party to this Agreement.

  • No Obligations This Contract does not create any express or implied obligation that the City: i) reserve or create water or wastewater treatment capacity; ii) approve a permit or connection, which shall be granted only upon compliance with all requirements of law, including City Requirements; iii) offer utility services to any user within the Project; iv) provide a particular quantity. quality, or pressure for the water serving the Project; v) waive or not charge fees that are otherwise applicable pursuant to City Requirements; or vi) approve annexation of the Property or a particular zoning of the Property.

  • Exception to Obligations Neither Party's obligations under this Section shall apply to the extent the infringement is caused by: (i) modification of the facilities or equipment (including software) by the indemnitee; (ii) use by the indemnitee of the facilities or equipment (including software) in combination with equipment or facilities (including software) not provided or authorized by the indemnitor, provided the facilities or equipment (including software) would not be infringing if used alone; (iii) conformance to specifications of the indemnitee which would necessarily result in infringement; or (iv) continued use by the indemnitee of the affected facilities or equipment (including software) after being placed on notice to discontinue use as set forth herein.

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