Termination of Company’s Obligation Sample Clauses

Termination of Company’s Obligation. This Indenture shall cease to be of further effect (except that the Company’s obligations under Sections 9.07 and 10.02 hereof shall survive) when all outstanding Securities theretofore authenticated and issued have been delivered to the Trustee for cancellation and the Company has paid all sums payable hereunder. Thereupon, the Trustee upon request of the Company, shall acknowledge in writing the discharge of the Company’s obligations under this Indenture, except for those surviving obligations specified above.
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Termination of Company’s Obligation. If at any time within the twenty-four (24) month period following termination of Executive’s employment without Cause by Company, pursuant to Section 5.1 of this Agreement, Executive breaches any of his obligations under Sections 8, 9, 10, 11 and/or 12 of this Agreement, then Company’s obligation to make payments under Section 5.4 (ii) of this Agreement shall cease as of the date such breach occurs.
Termination of Company’s Obligation. Company's obligation to indemnify Parent, or to contribute to any party indemnifying Parent, pursuant to this Section 9 shall expire as of the Filing Date.
Termination of Company’s Obligation. If at any time within the 24 month period following termination of Employee's employment without Cause by Company pursuant to Section 6.4(iv) or termination by Employee for Good Reason pursuant to Section 6.4(iii) of this Agreement, Employee breaches any of his obligations under Sections 8, 9, 10, 11, and 12 of this Agreement, then Company's obligation to make payments under Section 6.5(iii) shall cease as of the date such breach occurs.
Termination of Company’s Obligation. If, at any time during the Term or following the Termination Date, Executive materially breaches any of Executive’s obligations under Articles 5 or 6 of this Agreement, then, in addition to any other remedy of Company, Company’s obligation, if any, to remit payments and benefits to Executive under this Agreement shall cease as of the date such material breach occurs, the Company shall have the right to recapture any severance payments previously made to Executive under Section 4.1 of this Agreement, and the Company shall have the right at its option, to repurchase the Executive’s Company shares at the lesser of the original share price at the date of issuance of such shares to Executive or the fair market value of such shares on the date the Company exercises such repurchase option. Moreover, Executive acknowledges that a material breach of Articles 5 or 6 of this Agreement will cause irreparable harm to Company and, if Executive fails to abide by these obligations, Company will be entitled to seek specific performance, including immediate issuance of a temporary restraining order or preliminary injunction enforcing this Agreement, and to seek judgment for damages caused by Executive’s breach, and to seek other remedies provided by applicable law.
Termination of Company’s Obligation. This Indenture shall cease to be of further effect (except that the Company's obligations under Section 7.7 and 8.4, and the Company's, Trustee's and Paying Agent's obligations under Section 8.3 shall survive) when all outstanding Securities theretofore authenticated and issued have been delivered (other than destroyed, lost or stolen Securities that have been replaced or paid) to the Trustee for cancellation and the Company has paid all sums payable by the Company under this Indenture. In addition, subject to the conditions described below, at the Company's option, either (a) the Company will be deemed to have been discharged from their obligations with respect to the Securities on the 31st day after the applicable conditions set forth below have been satisfied or (b) the Company shall cease to be under any obligation to comply with Article 4 of this Indenture, at any time after the conditions set forth below have been satisfied: (i) the Company has deposited or caused to be deposited irrevocably with the Trustee as trust funds in trust, specifically pledged as security for, and dedicated solely to, the benefit of the Holders (A) money or (B) noncallable U.S. Government Obligations, which through the payment of interest and principal in respect thereof in accordance with their terms, will provide either (i) payment in full of principal, premium on, if any, and interest on, the outstanding Securities as of the date of such payment, or (II) (without any reinvestment of such interest or principal), not later than one day before the due date of any payment, money or (C) a combination of (A) and (B), in an amount sufficient, in the 52 46 opinion (with respect to (B) and (C)) of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to the Trustee at or before the time of such deposit, to pay and discharge each installment of principal of, premium on, if any, and interest on, the outstanding Securities on the dates such installments are due; (ii) no Default or Event of Default has occurred and is continuing on the date of such deposit or shall occur as a result of such deposit, and such deposit shall not result in a breach or violation of, or constitute a Default under, any other instrument to which the Company is a party to or is bound, as evidenced to the Trustee in an Officers' Certificate delivered to the Trustee concurrently with such deposit; (iii) the Company has paid or duly provided for pay...
Termination of Company’s Obligation. If at any time within the 24 month period following termination of Pook's employment without Cause by Company pursuant to Section 6.4(iv) or termination by Pook for Good Reason pursuant to Section 6.4(iii) of this Agreement, Pook breaches any of his obligations under Sections 8, 9, 10, 11, and 12 of this Agreement, then Company's obligation to make payments under Section 6.5(iii) shall cease as of the date such breach occurs.
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Termination of Company’s Obligation. If at any time within the twenty-four (24) month period following termination of Clare's employment without Cause by Company, pursuant to Section 5.1 of this Agreement, Clare breaches any of his obligations under Sections 8, 9, 10, 11 and/or 12 of this Agreement, then Company's obligation to make payments under Section 5.4 (ii) of this Agreement shall cease as of the date such breach occurs.
Termination of Company’s Obligation. This Indenture shall cease to be of further effect (except that the Company's and the Guarantors' obligations under Section 7.07 and 8.08 hereof, and the Company's, the Guarantors', the Trustee's and the Paying Agent's obligations under Section 8.07 hereof shall survive) when all outstanding Securities theretofore authenticated and issued have been delivered (other than destroyed, lost or stolen Securities which have been replaced or paid) to the Trustee for cancellation and Company has paid all sums payable by the Company hereunder.
Termination of Company’s Obligation. Company's obligation to indemnify CNCP, or to contribute to any party indemnifying CNCP, pursuant to this Article 9 shall expire as of the Filing Date.
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