Return Obligations Clause Samples

Return Obligations. (a) At the time of the liquidation of the Company or such earlier time as determined by the Manager, each Member shall be obligated to contribute to the Company the amount, if any, by which (A) the excess, if any, of (1) the aggregate cumulative amount of Fund Contribution Interest Distributable Amounts previously distributed to such Member over (2) the aggregate cumulative amount of Contributions made by such Member pursuant to Section 6.1.1 exceeds (B) the aggregate cumulative amount of Fund Contribution Interest Net Gain allocated to such Member pursuant to 8.2.3. (b) If the Company is required, pursuant to 6.2.4.1 of the Fund Agreement, to return certain distributions to the Fund, and if Company assets are otherwise insufficient to satisfy such return obligation, the Members (including Retired Members, Defaulting Members and former Members) shall be severally (but not jointly, unless otherwise required by law) obligated to return their respective shares (based upon the proportionate amount of Fund Contribution Interest Distributable Amounts previously received by each Member) of the additional amount needed to satisfy the Company’s return obligation; provided, however, that if any Company assets which would otherwise be distributed to the Members pursuant to 7.2.1(a) are used to satisfy such return obligation then for purposes of determining a Member’s respective share, such Company assets which would otherwise have been distributed to such Member shall be deemed received by such Member, and the amount deemed received by such Member shall be credited against the Member’s return obligation hereunder.
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Return Obligations. On the Separation Date, you must return to the Company all documents (and all copies thereof) , materials, and other property of the Company and other associated entities in your possession or control , including, but not limited to, files, correspondence, email, memoranda, notes, notebooks, drawings, records, plans, forecasts, reports, compilations of data, studies, analyses, proposals, agreements, financial information, research and development information, sales and marketing information, operational and personnel information, specifications, code, software, databases, computer-recorded information, tangible property and equipment (including, but not limited to, computers, facsimile machines, mobile telephones, servers) , credit cards, entry cards, identification badges and keys; and any materials of any kind which contain or embody any proprietary or confidential information of any the Company (and all reproductions thereof in whole or in part) ( collectively, "Company Property") . You agree to make a diligent search for any Company Property in your possession or control to ensure your full compliance with this provision, and agree to immediately return to the Company any Company Property you discover that you inadvertently retained at home or other location. In addition, if you have used any personally-owned computer, server, or e- mail system to receive, store, review, prepare or transmit any confidential or proprietary data, materials or information ofthe Company, as partofyourobligations under this provision, within thirty (30 ) days after the Separation Date, you must provide the Company with electronic copies of all confidential and proprietary information of the Company stored on such devices, and then permanently delete and expunge all such information from the devices without retaining any reproductions ( in whole or in part). You compliance with thetermsof this subsection is a precondition to your receipt ofthe Severance Payment.
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Related to Return Obligations

  • Parallel Operation Obligations Once the Small Generating Facility has been authorized to commence parallel operation, the Interconnection Customer shall abide by all rules and procedures pertaining to the parallel operation of the Small Generating Facility in the applicable control area, including, but not limited to: (1) the rules and procedures concerning the operation of generation set forth in the NYISO tariffs or ISO Procedures or the Connecting Transmission Owner’s tariff; (2) any requirements consistent with Good Utility Practice or that are necessary to ensure the safe and reliable operation of the Transmission System or Distribution System; and (3) the Operating Requirements set forth in Attachment 5 of this Agreement.

  • ▇▇▇▇▇ OBLIGATIONS A ▇▇▇▇▇▇▇'s acceptance of funds directly under the Grant or indirectly through a subaward acts as acceptance of the authority of the State, under the direction of the legislative audit committee, to conduct an audit or investigation in connection with those funds. In accordance with the legislative audit committee, DFPS can request any documentation, at any time, to be sent to DFPS to a location DFPS chooses. Examples of documentation that DFPS may request include, but are not limited to: 1. Participant files in their entirety. This includes, but is not limited to: a. Progress notes. b. Action plans. c. Registration forms. d. Surveys. e. Sign-in sheets. f. Monthly tracking forms.

  • Cooperation obligations The Parties undertake to cooperate to allow the timely submission, examination, publication and defence of any dissertation or thesis for a degree that includes their Results or Background subject to the confidentiality and publication provisions agreed in this Consortium Agreement.

  • Performance Obligations The Purchaser shall have performed in all respects all obligations required to be performed by it under this Agreement at or prior to the Closing.

  • Mitigation Obligations If Borrower is required to pay any Indemnified Taxes or additional amounts to any Lender or to any Governmental Authority for the account of any Lender pursuant to Section 5.01 or this Section 5.03, then such Lender shall (at the request of Borrower) use commercially reasonable efforts to designate a different lending office for funding or booking its Loans hereunder or to assign and delegate its rights and obligations hereunder to another of its offices, branches or Affiliates if, in the sole reasonable judgment of such Lender, such designation or assignment and delegation would (i) eliminate or reduce amounts payable pursuant to Section 5.01 or this Section 5.03, as the case may be, in the future, (ii) not subject such Lender to any unreimbursed cost or expense and (iii) not otherwise be disadvantageous to such Lender. Borrower hereby agrees to pay all reasonable costs and expenses incurred by any Lender in connection with any such designation or assignment and delegation.