Common use of SOURCE OF PAYMENTS Clause in Contracts

SOURCE OF PAYMENTS. All payments provided under this Agreement shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. You will have no right, title or interest whatsoever in or to any investments which the Company may make to aid it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 36 contracts

Samples: Sponsoring Agreement (LKQ Corp), Sponsoring Agreement (LKQ Corp), Change of Control Agreement (LKQ Corp)

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SOURCE OF PAYMENTS. All payments provided for under this Agreement shall be paid in cash from the general funds of the Company, Company and no special or separate fund shall be established, established and no other segregation of assets made, shall be made to assure payment. You will have no rightNo trust or fiduciary relationship with respect to payments shall be deemed created hereby and, title or interest whatsoever in or to any investments which the Company may make to aid it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right rights of an unsecured a general creditor of the Company.

Appears in 14 contracts

Samples: Employment Agreement (Universal Stainless & Alloy Products Inc), Employment Agreement (Universal Stainless & Alloy Products Inc), Employment Agreement (Universal Stainless & Alloy Products Inc)

SOURCE OF PAYMENTS. All payments provided under this Agreement Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. You will have no right, title or interest whatsoever in or to any investments which the Company may make to aid it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 14 contracts

Samples: Retention Agreement (Dollar Tree Inc), Retention Agreement (Dollar Tree Inc), Retention Agreement (Dollar Tree Inc)

SOURCE OF PAYMENTS. All payments provided under this Agreement Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. You will have no right, title or interest whatsoever in or to any investments which the Company may make to aid it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 11 contracts

Samples: Employment Agreement (Intapp, Inc.), Transition and Advisory Agreement (Intapp, Inc.), Employment Agreement (Intapp, Inc.)

SOURCE OF PAYMENTS. All payments provided for under this Agreement shall be paid in cash from the general funds of the Company, Company and no special or separate fund shall be established, established and no other segregation of assets madeshall be made to assure payment unless specifically permitted herein. No trust or fiduciary relationship with respect to payments shall be deemed created hereby and, to assure payment. You will have no right, title or interest whatsoever in or to any investments which the Company may make to aid it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right rights of an unsecured a general creditor of the Company.

Appears in 3 contracts

Samples: Employment Agreement (Universal Stainless & Alloy Products Inc), Employment Agreement (Universal Stainless & Alloy Products Inc), Employment Agreement (Universal Stainless & Alloy Products Inc)

SOURCE OF PAYMENTS. All payments provided under this Agreement Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. You will have no right, title or interest whatsoever in or to any investments which the Company may make to aid it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 3 contracts

Samples: Retention Agreement (Adobe Systems Inc), Retention Agreement (Adobe Systems Inc), Employment Agreement (Virtual Reality Inc/)

SOURCE OF PAYMENTS. All payments provided under this Agreement (other than payments made pursuant to a plan which provides otherwise or as otherwise expressly provided hereunder) shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. You will have no right, title or interest whatsoever in or to any investments which the Company may make to aid it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 2 contracts

Samples: Stock Award Agreement (Pathmark Stores Inc), Pathmark Stores Inc

SOURCE OF PAYMENTS. All payments provided under this Agreement Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. You will The Employee shall have no right, title or interest whatsoever whatever in or to any investments which the Company may make to aid it the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.right

Appears in 2 contracts

Samples: Lease (Getty Images Inc), Employment Agreement (Getty Images Inc)

SOURCE OF PAYMENTS. All payments provided under this Agreement shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. You will have no right, title or interest whatsoever in or to any investments which that the Company may make to aid it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 2 contracts

Samples: Retention Agreement (Bedford Property Investors Inc/Md), Bedford Property Investors Inc/Md

SOURCE OF PAYMENTS. All payments provided for under this Agreement shall be paid in cash from the general funds of the Company, Company and no special or separate fund shall be established, established and no other segregation of assets made, shall be made to assure payment, unless specifically permitted herein. You will have no rightNo trust or fiduciary relationship with respect to payments shall be deemed created hereby and, title or interest whatsoever in or to any investments which the Company may make to aid it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right rights of an unsecured a general creditor of the Company.

Appears in 1 contract

Samples: Employment Agreement (Universal Stainless & Alloy Products Inc)

SOURCE OF PAYMENTS. All payments provided under this Agreement Agreement, shall be paid in cash from the general funds of the Company, Company and no special or separate fund shall be established, established and no other segregation of assets made, made to assure payment. You will have no right, title or interest whatsoever in or to any investments which the Company may make to aid it in meeting its obligations hereunder. To the extent that any person acquires acquired a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 1 contract

Samples: Employment Agreement (Cke Restaurants Inc)

SOURCE OF PAYMENTS. 8.1. All payments provided for under this Agreement shall be paid in cash from the general funds of the Company, Company and no special or separate fund shall be established, established and no other segregation of assets made, shall be made to assure payment. You will have no rightNo trust or fiduciary relationship with respect to payments shall be deemed created hereby and, title or interest whatsoever in or to any investments which the Company may make to aid it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right rights of an unsecured a general creditor of the Company.

Appears in 1 contract

Samples: Employment Agreement (Universal Stainless & Alloy Products Inc)

SOURCE OF PAYMENTS. All payments provided under this Agreement shall be paid in cash from the general funds of the Company, and no special or separate fund shall be pal established, and no other segregation of assets made, to assure payment. You will have no right, title or interest whatsoever in or to any investments which the Company may make to aid it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right night shall be no greater than the right of an unsecured creditor of the Company.

Appears in 1 contract

Samples: Retention Agreement (Cornerstone Properties Inc)

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SOURCE OF PAYMENTS. All payments provided under this Agreement Agreement, ------------------ other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. You will have no right, title or interest whatsoever in or to any investments which the Company may make to aid it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 1 contract

Samples: Kollmorgen Corp

SOURCE OF PAYMENTS. All payments provided under this Agreement Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. You will have no right, title or interest whatsoever in or to any investments which the Company may make to aid it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.. (g)

Appears in 1 contract

Samples: www.sec.gov

SOURCE OF PAYMENTS. All payments provided under this Agreement Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. You will have no right, title or interest whatsoever in or to any investments which the Company may make to aid it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater an than the right of an unsecured creditor of the Company.

Appears in 1 contract

Samples: Severance Agreement (Sun Healthcare Group Inc)

SOURCE OF PAYMENTS. All payments provided under this Agreement Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. You will have no right, title or interest whatsoever in or to any investments which the Company may make to aid it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the 45 Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 1 contract

Samples: Retention Agreement (Apple Computer Inc)

SOURCE OF PAYMENTS. All payments provided under this Agreement Agreement, other than payments made pursuant to a plan that provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. You will have no right, title or interest whatsoever in or to any investments which the Company may make to aid it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Altice USA, Inc.)

SOURCE OF PAYMENTS. All payments provided under this Agreement Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. You will have no right, title or interest whatsoever in or to any investments which the Company may make to aid it is meeting in meeting its obligations hereunder. To the extent that any person acquires acquire a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 1 contract

Samples: New Millennium Media International Inc

SOURCE OF PAYMENTS. All payments provided for under this Agreement shall be paid in cash from the general funds of the Company, Company and no special or separate fund shall be established, established and no other segregation of assets made, shall be made to assure payment. You will have no rightNo trust or fiduciary relationship with respect to payments shall be deemed created hereby and, title or interest whatsoever in or to any investments which the Company may make to aid it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right rights of an unsecured a general creditor of the Company.. Xxxxx Empl_Agmt

Appears in 1 contract

Samples: Employment Agreement (Universal Stainless & Alloy Products Inc)

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