Satisfaction of Award. If any party fails to pay the amount of the award, if any, assessed against it within 30 days after the delivery to such party of the Final Determination, the unpaid amount shall bear interest from the date of such delivery at the lesser of (i) prime lending rate announced by Citibank N.A. plus three hundred basis points and (ii) the maximum rate permitted by applicable usury laws. In addition, such party shall promptly reimburse the other party for any and all costs or expenses of any nature or kind whatsoever (including attorneys’ fees) reasonably incurred in seeking to collect such award or to enforce any Final Determination.
Appears in 30 contracts
Samples: Employment Agreement (Spirit Airlines, Inc.), Employment Agreement (Tumi Holdings, Inc.), Employment Agreement (Tumi Holdings, Inc.)
Satisfaction of Award. If any party fails to pay the amount of the award, if any, assessed against it within 30 days after the delivery to such party of the Final Determination, the unpaid amount shall bear interest from the date of such delivery at the lesser of (i) the prime lending rate announced reported by Citibank N.A. the Wall Street Journal plus three hundred basis points and (ii) the maximum rate permitted by applicable usury laws. In addition, such party shall promptly reimburse the other party for any and all costs or expenses of any nature or kind whatsoever (including attorneys’ ' fees) reasonably incurred in seeking to collect such award or to enforce any Final Determination.
Appears in 10 contracts
Samples: Employment Agreement (Fuelnation Inc), Employment Agreement (Fuelnation Inc), Employment Agreement (Fuelnation Inc)
Satisfaction of Award. If any party fails to pay the amount of the award, if any, assessed against it within 30 days after the delivery to such party of the Final Determination, the unpaid amount shall bear interest from the date of such delivery at the lesser of (i) prime lending rate announced by Citibank N.A. plus three hundred basis points and (ii) the maximum rate permitted by applicable usury laws. In addition, such party shall promptly reimburse the other party for any and all costs or expenses of any nature or kind whatsoever (including attorneys’ ' fees) reasonably incurred in seeking to collect such award or to enforce any Final Determination.
Appears in 5 contracts
Samples: Employment Agreement (Kemet Corp), Employment Agreement (GT Solar International, Inc.), Employment Agreement (GT Solar International, Inc.)
Satisfaction of Award. If any party fails to pay the amount of the award, if any, assessed against it within 30 thirty (30) calendar days after of the delivery to such party of the Final Determination, the unpaid amount shall bear interest from the date of such delivery at the lesser of (i) the prime lending rate announced by Citibank N.A. N.A., plus three hundred basis points percent (3%) and (ii) the maximum rate permitted by applicable usury laws. In addition, such party shall promptly reimburse the other party for any and all costs or expenses of any nature or kind whatsoever (including attorneys’ fees) reasonably incurred in seeking to collect such award or to enforce any Final Determination.
Appears in 4 contracts
Samples: Employment Agreement (Diamond Resorts International, Inc.), Employment Agreement (Diamond Resorts International, Inc.), Employment Agreement (Diamond Resorts International, Inc.)
Satisfaction of Award. If any party fails to pay the amount of the award, if any, assessed against it within 30 days after the delivery to such party of the Final Determination, the unpaid amount shall bear interest from the date of such delivery at the lesser of (i) prime lending rate announced by Citibank N.A. N(a) plus three hundred basis points and (ii) the maximum rate permitted by applicable usury laws. In addition, such party shall promptly reimburse the other party for any and all costs or expenses of any nature or kind whatsoever (including attorneys’ fees) reasonably incurred in seeking to collect such award or to enforce any Final Determination.
Appears in 3 contracts
Samples: Executive Employment Agreement (Dominion Textile (Usa), L.L.C.), Executive Employment Agreement (Dominion Textile (Usa), L.L.C.), Executive Employment Agreement (Dominion Textile (Usa), L.L.C.)
Satisfaction of Award. If any party fails to pay the amount of the award, if any, assessed against it such party within 30 thirty (30) days after the delivery to such party of the Final Determination, the unpaid amount shall bear interest from the date of such delivery at the lesser of (i) the prime lending rate announced reported by Citibank N.A. plus three hundred basis points the Wall Street Journal, and (ii) the maximum rate permitted by applicable usury lawslaw. In addition, such party shall promptly reimburse the other party for any and all costs or expenses of any nature or kind whatsoever (including attorneys’ reasonable attorney’s fees) reasonably incurred in seeking to collect such award or to enforce any Final Determination.
Appears in 1 contract
Samples: Sub License and Distribution Agreement (Star Link Software Inc)
Satisfaction of Award. If any party fails to pay the amount of the award, if any, assessed against it within 30 days after of the delivery to such party of the Final Determination, the unpaid amount shall bear interest from the date of such delivery at the lesser of (i) prime lending rate announced by Citibank N.A. plus three hundred basis points and (ii) the maximum rate permitted by applicable usury laws. In addition, such party shall promptly reimburse the other party for any and all costs or expenses of any nature or kind whatsoever (including attorneys’ ' fees) reasonably incurred in seeking to collect such award or to enforce any Final Determination.
Appears in 1 contract
