Payments Conditional. Whenever Agent or any Lender shall credit any payment to the Obligations or any part thereof, whatever the source or form of payment, the credit shall be conditional as to Guarantor unless and until the payment shall be final and valid as to all the world. Without limiting the generality of the foregoing, Guarantor agrees that if any check or other instrument so applied shall be dishonored by the drawer or any party thereto, or if any proceeds of Collateral or payment so applied shall thereafter be recovered by any trustee in bankruptcy or any other Person, each Lender, in each case, may reverse any entry relating thereto on its books and Guarantor shall remain liable therefor, even if such Lender may no longer have in its possession any instrument evidencing the Obligations to which the payment in question was applied.
Payments Conditional. Whenever Agent or any Bank shall credit any payment to the Debt or any part thereof, whatever the source or form of payment, the credit shall be conditional as to Guarantor unless and until the payment shall be final and valid as to all the world. Without limiting the generality of the foregoing, Guarantor agrees that if any check or other instrument so applied shall be dishonored by the drawer or any party thereto, or if any proceeds of Collateral or payment so applied shall thereafter be recovered by any trustee in bankruptcy or any other Person, each Bank, in each case, may reverse any entry relating thereto on its books and Guarantor shall remain liable therefor, even if such Bank may no longer have in its possession any evidence of the Debt to which the payment in question was applied.
Payments Conditional. All payments and benefits to Executive under this Agreement are conditional upon a strict compliance with Executive's obligations under this Agreement.
Payments Conditional. Whenever Landlord shall credit any payment to any of the Lease Obligations, or any part thereof, whatever the source or form of payment, the credit shall be conditional as to Guarantor unless and until the payment shall be final and valid as to all the world. Without limiting the generality of the foregoing, Guarantor agrees that if any check or other instrument so applied shall be dishonored by the drawer or any party thereto, or if any proceeds of collateral or payment so applied shall thereafter be recovered by any trustee in bankruptcy or any other Person, Landlord, in each case, may reverse any entry relating thereto on its books and Guarantor shall remain liable therefor, even if Landlord may no longer have in its possession any evidence of the Lease Obligations to which the payment in question was applied.
Payments Conditional. Whenever Agent or any Bank shall credit any payment to the Debt or any part thereof, whatever the source or form of payment, the credit shall be conditional as to Nordson unless and until the payment shall be final and valid as to all the world. Without limiting the generality of the foregoing, Nordson agrees that if any check or other instrument so applied shall be dishonored by the drawer or any party thereto, or if any proceeds of Collateral or payment so applied shall thereafter be recovered by any trustee in bankruptcy or any other Person, each Bank, in each case, may reverse any entry relating thereto on its books and Nordson shall remain liable therefor, even if such Bank may no longer have in its possession any evidence of the Debt to which the payment in question was applied.
Payments Conditional. Whenever WMS shall credit any payment to the Guaranteed Obligations or any part thereof, whatever the source or form of payment, the credit shall be conditional as to Guarantor unless and until the payment shall be final and valid as to all the world. Without limiting the generality of the foregoing, Guarantor agrees that if any check or other instrument so applied shall be dishonored by the drawer or any party thereto, or if any proceeds of Collateral or payment so applied shall thereafter be recovered by any trustee in bankruptcy or any other Person, WMS, in each case, may reverse any entry relating thereto on its books and Guarantor shall remain liable therefor, even if WMS may no longer have in its possession any instrument evidencing the Guaranteed Obligations to which the payment in question was applied.
Payments Conditional. Whenever Agent or any Lender credits any payment to the Debt or any part thereof, whatever the source or form of payment, the credit shall be conditional as to each Guarantor unless and until the payment is final and valid as to all the world. Without limiting the generality of the foregoing, each Guarantor agrees that if any check or other instrument so applied is dishonored by the drawer or any party thereto, each Lender, in each case, may reverse any entry relating thereto on its books and such Guarantor shall remain liable therefor, even if such Lender may no longer have in its possession any evidence of the Debt to which the payment in question was applied.
Payments Conditional. All payments by the Department under this Agreement shall be subject to revision on the basis of an audit conducted under Section 7.04 Audit.
Payments Conditional. 4.1 Any payment to the Consultant pursuant to clause 3 is conditional upon the parties to the Transaction Documents (excepting the Purchaser and Sento Australia) performing their obligations pursuant to the Transaction Documents. EXECUTED AS A DEED THE COMMON SEAL of SENTO AUSTRALIA PTY LIMITED was hereunto affixed in accordance with its Articles of Association in the presence of: ----------------------------- Director ---------------------------------- Director/Secretary SIGNED BY NORTHPOINT SOFTWARE VENTURES PTE LIMITED
Payments Conditional. Xxxxxx recognizes and agrees that, if he violates the provisions of section 5 or 6 above, the Company shall not be obligated to make any payments it would otherwise be obligated to make under this Agreement on or after the date of such violation (the "Remaining Payments"), and, if the Company shall pay (or shall have paid) any of the Remaining Payments to Xxxxxx on or after the date of such violation, Xxxxxx shall be obligated to repay such payments to the Company promptly on demand. If the Remaining Payments amount to less than $25,000 in the aggregate, Xxxxxx shall be obligated to make any repayment required by the preceding sentence and, in addition, shall promptly repay the Company on demand that amount of the consulting fees paid pursuant to section 3 above which, when added to the Remaining Payments, equals $25,000. The foregoing provisions of this section 8 shall be in addition to and not by way of limitation of any other rights and remedies the Company may have in respect of the violation in question.
