Payments to Xxxxx Sample Clauses

Payments to Xxxxx. Intellicell shall make the following payments to Xxxxx in consideration of the various covenants and agreements of Xxxxx contained in this Agreement:
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Payments to Xxxxx. Xxx agree that it was a material inducement to the Company to provide you the Consideration that you would steadfastly abide by all the provisions of this Agreement. If you materially breach any of the provisions of this Agreement, then you also agree that the installment payments of the Consideration will immediately cease and you will not be entitled to, nor will you receive, any further Consideration installments under this Agreement and you will forthwith repay to the Company all Consideration installments paid to you prior to the breach. 15. Non-Admission. Nothing contained in this Agreement will be deemed or construed as an admission of wrongdoing or liability on the part of you, Profire or any member of the Company Group. 16.
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Payments to Xxxxx. In consideration for this Agreement the Company agrees to make the following payments to Xxxxx according to the terms specified herein:
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Payments to Xxxxx. In consideration of the covenants undertaken and releases given herein by Xxxxx, and in full satisfaction of the obligations of the Company under that certain Employment Agreement dated November 9, 2007, (the “Employment Agreement.”), and in recognition of Xxxxx’x performance as Executive Vice President and General Counsel during his employment with the Company through July 5, 2010, and thereafter as the Company’s acting interim Chief Operating Officer and acting interim Chief Legal Officer for the period from July 5, 2010 through October 1, 2010, which October 1, 2010 date shall be deemed by the Parties to be the effective date of Xxxxx’x termination of employment from the Company (herein the “Termination Date”), and in recognition of Xxxxx’x agreement to provide continued consulting services to Company as set forth herein:
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Payments to Xxxxx. In further exchange for the waiver and release and other substantial promises by Xxxxx contained herein, Hanover agrees as follows:
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Payments to Xxxxx. Xxx agree that it was a material inducement to the Company to provide you the Consideration that you would steadfastly abide by all the provisions of this Agreement. If you materially breach any of the provisions of this Agreement, then you also agree that the installment payments of the Consideration will immediately cease and you will not be entitled to, nor will you receive, any further Consideration installments under this Agreement and you will forthwith repay to the Company all Consideration installments paid to you prior to the breach.
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Payments to Xxxxx. ATS will pay Xxxxx amounts due to him in respect of service during 2010 in accordance with Section 11(b) of the Executive Agreement, including any amounts due pursuant to the ATS 2010 bonus program. In addition, ATS will pay to Xxxxx xxxxxxxxx, as provided in Section 11(c) of the Executive Agreement in the case of termination of the Executive Agreement by Xxxxx for “Good Reason” as defined in the Executive Agreement, i.e., an amount equal to eighteen months of Xxxxx’ base compensation ($405,000 per annum), payable as follows: (a) an amount equal to six months of such base compensation ($202,500) will be paid on the date that is six months and one day after the Effective Date, and (b) the remaining twelve months of such base compensation will be paid to Xxxxx in twelve monthly installments, commencing on the date that is seven months after the Effective Date (August 1, 2011). All such payments will be subject to all applicable withholding requirements.
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Payments to Xxxxx. (a) In consideration of the terms hereof, the Company agrees to pay Xxxxx, and Xxxxx agrees to accept, the following payments:
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Payments to Xxxxx. 3.01. In consideration of Services furnished by Xxxxx hereunder, the Company shall pay to Xxxxx a monthly fee in the amount of One Hundred Thousand Dollars ($100,000). Within seven days of the date hereof, the Company shall pay Xxxxx an amount representing the pro rata portion of the fee for the month of November 2015. Thereafter, Xxxxx shall be paid his monthly fee in arrears on the 15th and last day of each month.
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Related to Payments to Xxxxx

  • Payments to Xxxxxx In connection with the distribution of shares of the Fund, Xxxxxx will be entitled to receive: (a) payments pursuant to any Distribution Plan and Agreement from time to time in effect between the Fund and Xxxxxx with respect to the Fund or any particular class of shares of the Fund, (b) any contingent deferred sales charges applicable to the redemption of shares of the Fund or of any particular class of shares of the Fund, determined in the manner set forth in the then current Prospectus and Statement of Additional Information of the Fund and (c) subject to the provisions of Section 3 below, any front-end sales charges applicable to the sale of shares of the Fund or of any particular class of shares of the Fund, less any applicable dealer discount.

  • PAYMENTS TO OWNER Section 4.01 Remittances...................................................29 Section 4.02 Statements to Owner...........................................29 Section 4.03 Monthly Advances by Servicer..................................30 Section 4.04 Due Dates Other Than the First of the Month...................30 ARTICLE V

  • Payments to Seller With respect to each Pledged Timeshare Loan, the Borrower shall have (i) received such Pledged Timeshare Loan as a contribution to the capital of the Borrower by the Seller or (ii) purchased such Pledged Timeshare Loan from the Seller in exchange for payment (made by the Seller in accordance with the provisions of the Sale and Contribution Agreement) in an amount which constitutes fair consideration and reasonably equivalent value. No such sale shall have been made for or on account of an antecedent debt owed by the Seller to the Borrower and no such sale is or may be voidable or subject to avoidance under any section of the Bankruptcy Code.

  • Payments to Company Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.

  • Payments to Agent A payment by the Borrower to the Agent hereunder or any of the other Loan Documents for the account of any Bank shall constitute a payment to such Bank. The Agent agrees promptly to distribute to each Bank such Bank's pro rata share of payments received by the Agent for the account of the Banks except as otherwise expressly provided herein or in any of the other Loan Documents.

  • Payments to Originators With respect to each Receivable transferred to Seller under the Receivables Sale Agreement, Seller has given reasonably equivalent value to the applicable Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by any Originator of any Receivable under the Receivables Sale Agreement is or may be voidable under any section of the Federal Bankruptcy Code.

  • Payments to Originator With respect to each Receivable transferred to Buyer hereunder, the Purchase Price received by Originator constitutes reasonably equivalent value in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by Originator of any Receivable hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 et seq.), as amended.

  • Payments to the Company Except as provided in Section 1(d), 2 or 3 hereof, the Company shall have no right or power to direct the Trustee to return to the Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan(s).

  • Payments to the Agent (a) On each date on which an Obligor or a Lender is required to make a payment under a Finance Document, that Obligor or Lender shall make the same available to the Agent (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.

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