Suspension of Duties Sample Clauses

Suspension of Duties. The Company reserves the right to bar the Executive from the offices of the Company or any of its Affiliates and to require that the Executive refrain from undertaking all or any of the Executive’s duties and contacting clients, colleagues and advisors of the Company or any of its Affiliates (unless otherwise instructed) during all or part of any period of notice of Executive’s termination of employment. Should the Company exercise this right, all the Executive’s other duties and obligations hereunder, including the Executive’s duties of fidelity and confidentiality to the Company, remain in full force and effect and, during any such period, the Executive shall remain a service provider to the Company and shall not be employed or engaged in any other business. For the avoidance of doubt, the Company shall continue to pay to the Executive the Annual Base Salary and to provide health and welfare benefits during any such notice period, until the Date of Termination.
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Suspension of Duties. Notwithstanding the foregoing provisions of this paragraph 7, the Company may suspend Employee from performing his duties, responsibilities, and authorities under this Agreement (including, without limitation, his duties, responsibilities, and authorities, if any, as a member of the Board of Directors of the Company or any Affiliate) following the delivery by Employee of a notice of termination providing for Employee’s resignation, or delivery by the Company of a notice of termination providing for Employee’s termination of employment for any reason; provided, however, that during the period of suspension (which shall end on or before the Date of Termination), and subject to the legal rules applicable to such payments and benefits, including, without limitation, the rules applicable to qualified plans under Code Section 401(a) and the rules applicable to nonqualified deferred compensation plans under Code Section 409A, Employee shall continue to be treated as employed by the Company for other purposes, and his rights to compensation or benefits shall not be reduced by reason of the suspension; and further provided that any such suspension shall not affect the determination of whether the resignation was for Good Reason or without Good Reason or whether the termination was with Cause or without Cause. The Company may suspend Employee with pay pending an investigation authorized by the Company or a governmental authority or a determination by the Company whether Employee has engaged in acts or omissions constituting Cause, and such paid suspension shall not constitute a termination of this Agreement or Employee’s employment.
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Suspension of Duties. The Company reserves the right to bar the Executive from the offices of the Company or any of its affiliates and to require that the Executive refrain from undertaking all or any of the Executive’s duties.
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Suspension of Duties. In the event that any law, regulation, decree, order, government act, market procedure or market practice to which the Custodian, or any Sub Custodian or Settlement System is subject and in accordance with which it is required to act, or to which the Charged Assets are subject, prevents or limits the performance of the duties and obligations of the Custodian, or any Sub-Custodian or Settlement System (other than as a result of an act or omission of the Custodian or any failure to maintain any requisite permissions, consents, approvals or licences otherwise necessary to perform the custodial duties under this Agreement), then until such time as the Custodian, Sub-Custodian or Settlement System is again able to perform such duties and obligations hereunder, such duties and obligations of the Custodian, Sub-Custodian or Settlement System shall be suspended.
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Suspension of Duties. If FNBO determines in its reasonable discretion that it cannot solicit and originate new Accounts under the Program, FNBO may, upon written notice to Co-Brand Partner, suspend, discontinue or terminate FNBO responsibilities under this Agreement involving the solicitation and origination of new Accounts. Following any such suspension, discontinuance or termination, Co-Brand Partner may terminate this Agreement effective upon 30 days written notice; provided, that if Co-Brand Party desires to exercise its Purchase Option, the Termination Date shall be deferred for such period of time as is reasonably necessary for Co-Brand Party to exercise its rights in Schedule 3.7.
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Suspension of Duties. Anything in this Agreement to the contrary notwithstanding, in the event of the termination of this Agreement or Xxxxxxx’x relationship as an employee of Signalife for any reason whatsoever, including the provision by Xxxxxxx of prospective notice of termination, then Signalife may, upon written notice to Xxxxxxx, immediately relieve Xxxxxxx of all duties and responsibilities under this Agreement and relieve Xxxxxxx of authority to act on behalf of, or legally bind, Signalife. Such suspension shall not in and of itself be, nor shall it be deemed to be, a breach of this Agreement.
Sample 1
Suspension of Duties. In the event that an Escrow Agent shall be uncertain as to its duties or rights hereunder or shall receive instructions with respect to the Escrowed Funds which, in its sole discretion, are in conflict either with other instructions received by it or with any provision of this Agreement, the Escrow Agent shall have the absolute right to suspend all further performance under this Escrow Agreement (except for the safekeeping of the Escrowed Funds) until the resolution of such uncertainty or conflicting instructions to the Escrow Agent's sole satisfaction by joint written instructions from the Parties. In the event the Escrow Agent does not receive such instructions or such instructions are not sufficient to resolve such uncertainty, it may consider such situation a dispute within the meaning of Section 6 hereof.
Sample 1
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Suspension of Duties. At any time upon notice to the Executive following receipt by the Executive of any Notice of Termination, the Company may at its option suspend all or any of the Executive’s duties and powers for such periods and on such terms as the Board deems to be in the best interests of the Company (including without limitation forbidding the Executive from visiting any premises of the Company or any affiliate, removing all work of any kind from the Executive related to the Company, any affiliate or their respective business or affairs, requiring the return to the Company of any property, books, records and other matters belonging to the Company or any affiliate in the Executive’s control or possession (including computers, computer drives, credit or debit cards and similar instruments), removing from the Executive any titles held by the Executive at such time, and requiring his resignation as an officer of the Company). During any such period as described above, this Agreement will remain in effect in accordance with its terms with respect to any payments of any sums, or the extension of any benefits, by the Company to the Executive, and with respect to any and all obligations of the Executive except as determined by the Board pursuant to the preceding sentence.
Sample 1

Related to Suspension of Duties

  • Limitation of Duties The Custodian in its capacity as such:

  • Delegation of Duties The Administrative Agent may execute any of its duties under this Agreement and the other Loan Documents by or through agents or attorneys-in-fact and shall be entitled to advice of counsel concerning all matters pertaining to such duties. The Administrative Agent shall not be responsible for the negligence or misconduct of any agents or attorneys in-fact selected by it with reasonable care.

  • Description of Duties (i) During the Employment Period, Executive shall serve the Company as its Executive Vice President and Chief Financial Officer and report directly to the President and Chief Executive Officer ("CEO"). Executive shall supervise the financial conduct of the business and affairs of the Company, its subsidiaries and respective divisions, supervise the development function for the Company, and perform such other duties as the CEO shall determine.

  • Delegation of Duties and Rights Lender may perform any of its duties or exercise any of its Rights under the Loan Papers by or through its officers, directors, employees, attorneys, agents or other representatives.

  • Absence of Duties The Subordination Agent shall have no duty to see to any recording or filing of this Agreement or any other document, or to see to the maintenance of any such recording or filing.

  • Limitation of Duties; Exculpation The Administrative Agent shall not have any duties or obligations except those expressly set forth herein and in the other Loan Documents. Without limiting the generality of the foregoing, (a) the Administrative Agent shall not be subject to any fiduciary or other implied duties, regardless of whether a Default has occurred and is continuing, (b) the Administrative Agent shall not have any duty to take any discretionary action or exercise any discretionary powers, except discretionary rights and powers expressly contemplated hereby or by the other Loan Documents that the Administrative Agent is required to exercise in writing by the Required Lenders, and (c) except as expressly set forth herein and in the other Loan Documents, the Administrative Agent shall not have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to the Borrower or any of its Subsidiaries that is communicated to or obtained by the bank serving as Administrative Agent or any of its Affiliates in any capacity. The Administrative Agent shall not be liable for any action taken or not taken by it with the consent or at the request of the Required Lenders or in the absence of its own gross negligence or willful misconduct. The Administrative Agent shall be deemed not to have knowledge of any Default unless and until written notice thereof is given to the Administrative Agent by the Borrower or a Lender, and the Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any statement, warranty or representation made in or in connection with this Agreement or any other Loan Document, (ii) the contents of any certificate, report or other document delivered hereunder or thereunder or in connection herewith or therewith, (iii) the performance or observance of any of the covenants, agreements or other terms or conditions set forth herein or therein, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document, or (v) the satisfaction of any condition set forth in Article IV or elsewhere herein or therein, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent.

  • Scope of Duties Without limiting the generality of the foregoing, the Custodian shall be under no duty or obligation to inquire into, and shall not be liable for:

  • Limitation of Duties and Liability Notwithstanding anything contained elsewhere in this Agreement, the Custodian’s liability hereunder is limited as follows:

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